Compliance Certificate For The Period Ended 31St March, 2018
Pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Compliance Certificate for the half ended 31st March, 2018. Statement Of Investor Complaints For The Quarter Ended March 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 046451 Name of the Signatory :- N NAGARAJADesignation :- Company Secretary and Compliance Officer Bharat Dynamics, CIPET ink pact to provide skill training to youth in area of plastics
About 520 youth from the under-privileged sections of society will be provided skill training in the area of plastics and related technology. Facilit Bharat Dynamics shares list at 13.5% discount
Shares of state-run guided weapon systems maker Bharat Dynamics Ltd were trading down 8 per cent on their market debut after an initial public offering worth Rs 960 crore ($147.5 million). Shares Listing of equity shares of Bharat Dynamics Ltd
Trading Members of the Exchange are hereby informed that effective from March 23, 2018, the equity shares of Bharat Dynamics Ltd (Scrip Code: 541143) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20180321- dated March 21, 2018.
As Bharat Dynamics IPO opens for subscription, analysts mostly positive about the offering
The IPO (initial Public Offering) of the Hyderabad-based PSU and missile and weapon manufacturer Bharat Dynamics Ltd (BDL) opened today for subscription. The company is hoping to raise about Rs. 961 crore from the issue, which will remain open for the next three days. Analysts including Angel Broking, Ashika, and Rudra have given subscribe recommendations on the IPO (ICICI Securities recommended subscribe for a long term hold). BDL has set a price band of Rs 413 to Rs 428 per equity share of face value Rs 10. The disinvestment is part of Modi government’s ambitious disinvestment program of Rs 72,500 crore for the current FY. Like other PSU IPO offerings, Bharat Dynamics is not entitled to receive any proceeds from the IPO and all the proceeds will go to the selling shareholder. Bharat Dynamics IPO opens at Rs 413-428 a share: Should you subscribe?
The company aims to raise Rs 927.27 crore at lower end of price band and Rs 960.94 crore at the higher band through the issue
Bharat Dynamics files for IPO that may see govt raise Rs600 crore
The Bharat Dynamics share sale is a pure offer for sale that will see the Indian govt sell a total of 21.99 million shares, representing a stake dilution of about 12%