Breaking Corporate Events, Analysed in Real Time

Shivalik Rasayan Approves ₹30.75 Crore Fundraising via Preferential Allotment

The Board of Directors of Shivalik Rasayan Ltd has approved the allotment of 2,82,000 equity shares and 9,47,990 fully convertible warrants on a preferential basis. The combined capital infusion of ₹30.75 crore is aimed at strengthening the company's financial position as it scales its pharmaceutical API and agrochemical operations.

Bharti Airtel Issues 146.7M Shares to Promoter Group in Airtel Africa Stake Swap

Bharti Airtel has allotted over 146 million equity shares to Indian Continent Investment Limited on a preferential basis. This transaction involves a strategic share swap for a stake in Airtel Africa plc, resulting in a consolidated promoter holding within the parent company.