Diabytes
Preferential basis shares News
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Indian firms raised nearly Rs 13,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-August of 2016-17, a slump of 35 percent from the year-ago period.
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Raising funds through issuing shares to promoters and shareholders on preferential basis plunged by 48 percent to Rs 5,407 crore in May due to volatile market conditions.
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Shares of Venus Remedies surged nearly 14 percent today after the company announced the issue of equity shares to promoters on a preferential basis.
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