L&T issues equity shares
Mumbai: Larsen & Toubro has issued 4,90,223-lakh equity shares on June 26, upon conversion of 1.58 billion Japanese yen-denominated Foreign Currency Convertible Bonds. The company had launched a $100-million FCCB issue denominated in Japanese yen early last year. The company said this was the first Japanese yen-denominated FCCB issue to be launched in India.
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Jyothi Lab to float public issue
Mumbai: Fabric care, household insecticides, surface cleaning and personal care company, Jyothy Laboratories, has filed its draft red herring prospectus with SEBI to enter the capital market with a public issue of equity shares.

The company proposes to offer 44,30,260 equity shares of Rs 5 each by way of an offer for sale by the selling shareholders. The selling shareholder s include Canzone Ltd, South Asia Regional Fund, CDC Investment Holdings Ltd, ICICI Bank Canada and ICICI Bank UK PLC. The offer is being made through a 100 per cent book building process and will constitute 30.52 per cent of the post issue capital of the company.
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