This explains how companies must offer new shares to existing shareholders. The key takeaway is strict compliance with Section 62 ensures fair dilution and legal ...

Stanbic IBTC Holdings Plc has announced the conclusion of its Rights Issue of 2,944,772,083 ordinary shares of 50 Kobo each at N50.50 per share, recording an oversubscription of 121.97 per cent. The ...

Ørsted has completed its widely publicized rights issue at a heavily discounted price, raising the target amount of 59.56 billion crowns, equal to some $9.35 billion. According to the company, 99.3% ...

Eutelsat has announced the success of its share capital increase with shareholders’ preferential subscription rights for a gross amount of approximately €670 million. Eutelsat says the proceeds of the ...

Fintech company Infibeam Avenues has announced the completion of its ₹700 crore rights issue, which was oversubscribed 1.40 times. The rights issue was structured in a 67:267 ratio at ₹10 per share, ...

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Orsted faces financial challenges amid Trump's anti-wind policies Orsted plans to issue 901 million new shares Issue price of DKK 66.6 vs Friday's close of DKK 200.3 Right to sell subscription rights ...

Aakash’s board put the share allotment on hold citing non-compliance with FEMA rules, the Companies Act, or the ECB guidelines The board approved the allotment of shares worth INR 58 Cr and INR 16 Cr ...

VFD Group Plc has signed a N50.67 billion Rights Issue, marking a milestone in its drive to fortify its capital base and accelerate strategic growth initiatives. Chairman, Olatunde Busari, said the ...