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2755-5.00

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147718.20

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7967.5-19.00

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153515.00

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4061.84.80

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Tata Steel

189.3-3.69

Wipro

186.12-0.87

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8974.564.50

Dr Reddy's Labs

1171-5.00

Titan Company

499885.60

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108530.00

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114118.60

Bharat Electron

399.29.20

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394-6.00

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1165-9.00

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1144.8-14.00

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195111.00

JSW Steel

1307.9-22.10

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TCS

2373-40.00

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1457.57.40

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270.75-11.00

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14080-110.00

Axis Bank

12562.10

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1335-15.00

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237.8-2.40

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345-4.90

Coal India

415.60.10

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1948-30.00

Tech Mahindra

1632.2-17.80

Jio Financial

263.11.15

Adani Ports

1695-5.00

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542.5-2.50

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Max Healthcare

1072.4-7.60

UltraTech Cem.

12075-115.00

Bajaj Auto

11620-180.00

Bajaj Finserv

20860.00

Interglobe Aviat

5318.5-81.50

Eternal

316.255.90

Corporate News - Detailed News Back
NTL has Rs 118.50 crore unutilized from a warrant placement, impacting expansion plans
06-Aug-26   22:41 Hrs IST
NTL has yet to utilize Rs 118.50 crore raised through a private placement of warrants, according to a recent monitoring agency report. The original warrant issue size was reduced from Rs 500.01 crore to Rs 474.01 crore, impacting the allocation for General Corporate Purposes. The unutilized funds are currently invested in Kotak Liquid Fund (Rs 58.50 crore), ICICI Prudential Liquid Fund (Rs 60.00 crore), and a Standard Chartered Bank monitoring account. The company anticipates receiving an additional Rs 355.51 crore within 18 months, which is crucial for planned expansion and growth initiatives. The monitoring agency noted the lack of fund deployment and highlighted the reliance on future funding, alongside potential conflicts of interest, while providing limited assurance on the report's findings.

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