Aditya Birla Sun Life AMC IPO subscribed 56 pc on Day-1 of offer
New Delhi: The initial public offer of Aditya Birla Sun Life AMC Limited received 56 per cent the subscription on the first day on Wednesday. The initial share sale received bids for 1,54,80,400 shares against 2,77,99,200 shares on offer, according to data available with the NSE. The Retail Individual Investors (RIIs) category was fully subscribed (1.09 times) and non-institutional investors 14 per cent.
The Initial Public Offer (IPO) is of 3,88,80,000 equity shares.The initial share-sale is entirely an offer for sale, wherein two promoters — Aditya Birla Capital and Sun Life (India) AMC Investments — will divest their stake in the asset management firm.The price range for the offer, which would conclude on October 1, is at Rs 695-712 per share. Aditya Birla Sun Life AMC on Tuesday said it has collected Rs 789 crore from anchor investors.
IndusInd Bank acquires 4.79 pc stake in McLeod Russel
New Delhi: Private sector IndusInd Bank on Wednesday said it has acquired a 4.79 per cent stake in embattled tea plantation firm McLeod Russel India by invoking 50 lakh pledged shares of the company. "We wish to inform that the bank had yesterday, i.E., September 28, 2021, pursuant to invocation of pledge of shares, acquired 50,00,000 equity shares of McLeod Russel India Ltd," IndusInd Bank said in a regulatory filing. The acquisition of 50 lakh shares represents 4.79 per cent of the paid-up equity share capital of McLeod Russel. Held by Ichamati Investments Ltd, equity shares of McLeod Russel India Ltd (MRIL) were pledged with IndusInd Bank for securing the outstanding dues of the tea plantation company. "The bank has invoked the pledge held on these shares for recovery of its dues from MRIL," the lender said.
Irregularities in Delhi Pharmacy Council Elections 2021
Alliance of All Pharmacists (AAP) alleged irregularities in Delhi Pharmacy Council Elections 2021. Alliance of all pharmacist is an alliance of Pharmacists registered in Delhi Pharmacy Council whose members are contesting in Delhi Pharmacy Council elections.
Panel Members of Alliance of All Pharmacists areBaldev Kumar, Ballot No. 3, Bhupendra Kumar, Ballot No. 4Laltesh Tanwar, Ballot No. 13, Raj Narayan Gupta, Ballot No. 23 Susheel Singh, Ballot No. 30, Yudhishter Singh Yadav, Ballot No. 36
Poshan Maah: Celebrating wholesome thali
New Delhi: As India is celebrating the Poshan Maah (Nutrition Month) in September, Poultry Dhaba supported by US Soybean Export Council has showcased "Humari Protein Thali", a fine assortment of 28 delicious and wholesome regional Indian thalis from across India, to complement a balanced diet with adequate amounts of nutrients, especially proteins. The effort is to adapt to the sustainable-traditional food system which can potentially nourish everyone and include the right amount of protein to our daily diets.
