Tag: NSE

Housing FinanceLatest Stories

Bajaj Housing Finance Promoter Sells 2% Stake for ₹1,588 Cr

Representative AI image NEW DELHI: On Tuesday, Bajaj Finance Ltd, a key promoter of Bajaj Housing Finance, sold a 2% stake for ₹1,588 crore via an open market transaction. As per the bulk deal information from the National Stock Exchange (NSE), Bajaj Finance Ltd divested 16.66 crore shares, equivalent to a 1.99% stake in Bajaj Housing Finance. The shares were sold at an average price of ₹95.31 each, bringing the total transaction value to ₹1,587.86 crore. Following this transaction, Bajaj Finance’s stake in Bajaj Housing Finance has reduced from 88.70% to 86.71%. The identities of the buyers of Bajaj Housing…

Latest StoriesRegulatory

Sebi, stock exchanges drop fines on Unitech

The Securities and Exchange Board of India (Sebi), along with the NSE and BSE, has decided to waive fines and penalties previously imposed on Unitech due to non-compliance issues linked to its former management, according to the government-appointed board of the embattled real estate firm. The leading stock exchanges have also lifted trading restrictions on Unitech securities. Starting October 7, Unitech Ltd’s securities will be transitioned from the restricted Z category to the actively traded B category on the BSE, while the NSE will move the company from the restricted BZ series to the default EQ series. “Shareholders have long…

IndustryLatest Stories

Kalpataru Shares Debut Flat, Surge Over 9% Later

NEW DELHI: Shares of real estate developer Kalpataru Ltd had a flat debut on Tuesday, opening at the issue price of Rs 414 but later rallied by over 9%. The stock began trading at Rs 414.10 on the BSE and gained momentum, increasing by 9.42% to reach Rs 453. On the NSE, it was listed at Rs 414, before climbing 9.37% to Rs 452.80. The company had a market valuation of Rs 9,121.99 crore in early trading. Kalpataru Ltd’s initial public offering (IPO) was subscribed 2.26 times by the end of bidding last Thursday. The IPO’s price band was set…