Convertible Debentures
Indus Towers accepts Vodafone Idea's payment plan for its dues
Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore
 "Indus Towers accepts Vodafone Idea's payment plan for its dues")
Equity issue to govt is precondition for Vodafone Idea debenture issue
Last Friday, firm's Vi decided to issue 16,000 OCDs to American Tower Corporation and raise Rs 1,600 cr. Company has convened EGM on November 21 to approve the plan
Vodafone Idea gets board of directors' nod to raise Rs 1,600 cr from ATC
Board approves issue of debentures
 "Vodafone Idea gets board of directors' nod to raise Rs 1,600 cr from ATC")
Vodafone Idea board to mull issuing convertible debentures to a vendor
Development comes on the heels of Indus Towers warning the financially stressed telecom company of disconnection of services over non-payment of dues
Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter
Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection
 "Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter")
Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme
Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25
 "Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme")
NTPC seeks shareholders' nod to raise Rs 18,000 crore via bonds
State-owned NTPC will seek shareholders' approval to raise Rs 18,000 crore through the issuance of bonds or debentures in its annual general meeting on September 28.
 "NTPC seeks shareholders' nod to raise Rs 18,000 crore via bonds")
Vodafone Idea plans to raise $750 million via convertible debentures
Promoters to dilute stake post conversion
 "Vodafone Idea plans to raise $750 million via convertible debentures")
Sebi extends date for due diligence framework for debenture trustees
Sebi extended the implementation date for framework for creation of security for listed debt securities and due diligence that needs to be carried out by debenture trustees
 "Sebi extends date for due diligence framework for debenture trustees")
ArcelorMittal offers $2 bn shares at discount to accelerate debt reduction
The company said on Tuesday it will sell $750 million of shares at a price of $9.27, equivalent to 8.57 euros
 "ArcelorMittal offers $2 bn shares at discount to accelerate debt reduction")
CCI approves subscription of Piramal debentures by Canadian investor
The preferential allotment will take place by November this year and the rights issue is expected to be completed by February 2020
 "CCI approves subscription of Piramal debentures by Canadian investor")
Suzlon pins hopes on Brookfield deal for bond payback as investors wait
Suzlon Energy Ltd., which became India's biggest convertible note defaulter when it missed payments in 2012, must repay $172 million outstanding on such securities that were issued as part of a debt
 "Suzlon pins hopes on Brookfield deal for bond payback as investors wait")
Foreign investors feel tax heat in equities, look for options to invest
Convertible debentures emerge as alternative with equities now coming under the tax net
 "Foreign investors feel tax heat in equities, look for options to invest")
