preferential basis shares

Companies raise Rs 13,000 cr via preferential route in April-August FY17

Indian firms raised nearly Rs 13,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-August of 2016-17, a slump of 35 percent from the year-ago period.

Oct 28, 2016, 14:34 PM IST

Funds mop-up via preferential route tumbles 48% in May: Sebi

Raising funds through issuing shares to promoters and shareholders on preferential basis plunged by 48 percent to Rs 5,407 crore in May due to volatile market conditions.

Jul 10, 2015, 13:44 PM IST

Venus Remedies shares surge nearly 14%

Shares of Venus Remedies surged nearly 14 percent today after the company announced the issue of equity shares to promoters on a preferential basis.

Jun 23, 2015, 12:55 PM IST