AGM Is On August 3, 2017
Please be informed that the 26th Annual General Meeting of the Company has been scheduled for August 3, 2017.11-05-2017
11-05-2017
Book Closure
Please be informed that the register of members and share transfer books of the Company shall remain closed from August 1, 2017 to August 2, 2017 (both days inclusive) for the purpose of determining the eligibility of members for payment of dividend for the financial year ended March 31, 2017. Accordingly, if the members approve the payment of dividend at the forthcoming Annual General Meeting, the dividend shall be paid to all those members whose...11-05-2017
Board recommends Dividend
ICRA Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 11, 2016, inter alia, has recommended a dividend of Rs. 27 per equity share of the face value of Rs. 10 each for the financial year ended March 31, 2017. The dividend as recommended by the Board of Directors, if declared at the 26th Annual General Meeting, will be paid/dividend warrants will be dispatched on August 11, 2017.11-05-2017
Outcome of Board Meeting
Outcome of the Board Meeting dated May 11, 2017; commenced at 9:30am and concluded at 3:15pm11-05-2017
Intimation Of Schedule Of Earnings Conference Call
ICRA Limited Q4FY17 Earnings Conference Call scheduled to be held on Friday, May 12, 201705-05-2017
Reliance group debt recast in fast lane after hiccups
RCom's debt was Rs 44,500 crore as on December last year, according to ICRA's estimates05-05-2017
Masala bond issuance on the rise: Icra
In the fourth quarter of the last fiscal, 39 per cent of overseas fund of $7.39 billion was through rupee denominated bonds, or masala bonds. Since these bonds are raised in rupee, the issuer of the bonds won't have to bear any exchange rate risk and therefore the country as a whole gets into safer zone as far as its overseas commitments are concerned. "The trend of increasing RBD issuance is hence positive for such borrowers, not only from the risk aspect but also from the pricing perspective. This opening up of an alternative borrowing channel and diversity in investor base is positive for Indian companies," said Karthik Srinivasan, group head-financial sector ratings, ICRA Ltd in a note. According to ICRA, some of the recent masala bond issuances have been priced at all-in-cost levels comparable to similar tenor bonds issued by these companies in domestic markets. "Given the attractiveness of RDBs, the growth in such issuances is expected to dampen issuances of foreign currency...03-05-2017
Note ban shrinks securitisation in MFI by 79% in H2 of FY17'
As per ICRA estimates only around Rs 1,650 crore was raised in the second half of the fiscal, resulting in total securitisation volumes of around Rs 7,150 crore for the full year.18-04-2017