Indian-American physician Vivek Murthy, the 21st Surgeon General of the US on Sunday (local time) said that the only way to address a global COVID-19 pandemic is global cooperation and mutual support. Confirming his above statement, Murthy announced that the US has taken steps to support India during its unprecedented second wave of COVID19 infections. Today, the US announced steps to support #India during its unprecedented wave of #COVID19 infections. It has been painful to watch the suffering and loss that so many have endured. The only way to address a global pandemic is global cooperation and mutual support, tweeted Murthy.
As per the bulk deal data on the NSE, BNP Paribas Arbitrage sold 5,14,463 equity shares or 1.43% stake of Solara Active Pharma Science at Rs 1,463 per share on Monday, 19 April 2021.
On the same day, the Scottish Oriental Smaller Companies Trust Plc bought 1,99,259 equity shares or 0.55% stake of Solara Active Pharma Science at Rs 1,462.25 per share via bulk deal on NSE.
As of 31 March 2021, BNP Paribas Arbitrage held 3.50% stake in Solara Active Pharma Science.
Shares of Solara Active Pharma fell 0.03% to Rs 1,461.30 on BSE. The scrip hit a high of Rs 1,520 and a low of Rs 1,455 so far.
On a consolidated basis, the company posted a 59.2% jump in net profit to Rs 65.78 crore on a 24.2% rise in net sales to Rs 426.69 crore in Q3 FY21 over Q3 FY20.
Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors. Last week, the company launched its qualified institutional placement (QIP) issue to raise up to Rs 3,750 crore. The QIP committee of the board of directors of the company approved the issue and allotment of 2,58,62,068 equity shares of face value Rs 5 each to eligible qualified institutional buyers at the issue price of Rs 1,450, against the floor price of Rs 1,513.39 per share, aggregating to Rs 37,49,99,98,600, according to a regulatory filing. The issue opened on March 9, 2021 and closed on March 15, 2021. Invesco Oppenheimer Developing Markets Fund, Government of Singapore, Monetary Authority Of Singapore, Goldman Sachs Funds - Goldman Sachs Emerging Markets Equity Portfolio and Universities Superannuation Scheme Ltd (USSL) As Trustee Of Universities SUP and Baron Emerging Markets Fund are major investors who participated in the QIP.
The QIP issue opened on 9 March 2021 and closed on 15 March 2021.The QIP issue committee of board of directors of the company approved allotment of 2,58,62,068 equity shares to eligible qualified institutional buyers at the issue price of Rs 1,450 per equity share, against the floor price of Rs 1,513.39 per equity share, aggregating to Rs 37,49,99,98,600.
Allottees who were issued more than 5% of the total equity shares offered in the QIP are Invesco Oppenheimer Developing Markets Fund (24.87%), Government Of Singapore (13.05%), Monetary Authority Of Singapore (8.34%), Goldman Sachs Funds - Goldman Sachs Emerging Markets Equity Portfolio (6.7%), Universities Superannuation Scheme (5.84%) and Baron Emerging Markets Fund (5.14%).
Pursuant to the allotment of equity shares in the issue, the paid-up equity share capital of the company stands increased from Rs 126,04,04,915 consisting of 25,20,80,983 equity shares to Rs 138,97,15,255 consisting of 27,79,43,051 equity shares.
Read more about India Grid Trust to mull raising debt on 16 March on Business Standard. The board of India Grid Trust will meet on Tuesday, 16 March 2021, to consider raising debt through various sources.