Corporate Insolvency Resolution Process. Registered Office: 9-01, HDIL Towers, AnantKanekarMarg, Bandra (East), Mumbai-400051. Verticals/Projects with requisite majority of the voting share as per the Insolvency and Bankruptcy.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact
Admission or rejection of the application by the tribunal
Amalgamation/Merger. Amalgamation between Mahogany Logistics Services Private Limited ("First Transferor Company"), TVS SCS. Global Freight Solutions Limited ("Second Transferor Company"), White Data Systems India Private Limited.
Why it matters
CapitSignal interpretation
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
for subscribing to at least 26% of the total paid-up equity share capital of Hexa Energy MH3 Private Limited. 17.45% of the issued and paid-up equity share capital of Hexa MH3, for a total consideration of Rs. Rs. 4,15,80,000 (Rupees Four Crore Fifteen Lakh Eighty Thousand Only).
Why it matters
CapitSignal interpretation
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Amalgamation/Merger. Amalgamation between Mahogany Logistics Services Private Limited ("First Transferor Company"), TVS SCS. Global Freight Solutions Limited ("Second Transferor Company"), White Data Systems India Private Limited.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Corporate Insolvency Resolution Process. Registered Office: 9-01, HDIL Towers, AnantKanekarMarg, Bandra (East), Mumbai-400051. Verticals/Projects with requisite majority of the voting share as per the Insolvency and Bankruptcy.
Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What happened
Fact
Allotment of Securities. allotment of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures, bearing a coupon. The Debentures will be listed on the wholesale debt market segment of BSE Limited.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
for subscribing to at least 26% of the total paid-up equity share capital of Hexa Energy MH3 Private Limited. 17.45% of the issued and paid-up equity share capital of Hexa MH3, for a total consideration of Rs. Rs. 4,15,80,000 (Rupees Four Crore Fifteen Lakh Eighty Thousand Only).
Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What happened
Fact
Institutional Placement Programme. Reference: Proposed Qualified Institutions Placement of equity shares of face value ₹ 10 each (“Equity Shares”). You that, in respect of the Issue, the Fund Raising Committee (“Committee”) at its meeting held today, i.e., June 27.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Office: 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra. penalty of Rs. 17.30 lakhs (along with applicable interest payable thereon) towards recovery of the customs.
Shares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What happened
Fact
Warrants vide special resolution passed by the shareholders of the Company on November. As per the terms of issue, the Warrants were convertible into Equity Shares on the exercise. Conversion of 22,00,000 Warrants.
Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What happened
Fact
Institutional Placement Programme. Reference: Proposed Qualified Institutions Placement of equity shares of face value ₹ 10 each (“Equity Shares”). institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue;
New borrowing adds interest cost and covenants ahead of equity in the capital structure.
What happened
Fact
India Limited (NSE). M/s. Tourism Finance Corporation of India Ltd. has sanctioned Term Loan of Rs. 10,00,00,000/. (Rupees Ten Crores only) to Akme Fintrade (India) Limited.
