Mumbai: shares of ICICI financial institution on Tuesday rose with the aid of over four in step with cent after the personal area lender stated it plans to elevate Rs 25,000 crore in tranches with the aid of way ofnumerous devices, including bonds.
The stock climbed four.31 in keeping with cent to settle at Rs 253.85 on BSE. all through the day, it jumped four.58 in keeping with cent to Rs 254.50.
On NSE, it moved up through four.35 in keeping with cent to close at Rs 254.10.
The company brought Rs 6,143.33 crore at Rs 1,forty seven,645.33 crore in phrases of marketplacevaluation.
at the extent front, 15.87 lakh stocks of the business enterprise have been traded at BSE and over 2 crore stocks modified fingers at NSE during the day.
In a regulatory submitting yesterday, the bank said its annual fashionable meeting may be held on July11.
at some point of the AGM, the financial institution will are seeking for shareholders’ nod to elevate as much as Rs 25,000 crore. The capital may be raised over 365 days from the date of passing of theresolution.
(This tale has now not been edited by NDTV staff and is auto-generated from a syndicated feed.)
story first published on: June 07, 2016 18:01 (IST)
Tags: ICICI bank, ICICI financial institution stocks, Fund raising Plance
