Zydus LIfe

State Bank of India has raised ₹10,000 crore at a coupon rate of 7.36 per cent through its sixth infrastructure bond issuance. The issue attracted an enthusiastic response from investors with bids in excess of ₹18,145 crore and was oversubscribed by around 3.6 times against the base issue size of ₹5,000 crore.

Two top executives of PB Fintech are planning to sell some portion of their stake in the company for ₹1,053 crore through block deals with a floor price of ₹1,258 per share, a 6 per cent discount to the closing share price on Thursday. According to the term-sheet seen by businessline, Yashish Dahiya and Alok Bansal will be selling 54 lakh shares and 29.7 lakh shares respectively, cumulatively representing 1.86 per cent equity of the fintech. According to the shareholding pattern at the end of March 2024, Dahiya held 4.63 per cent stake or 2.1 crore shares in the company, while Bansal held 75.4 lakh shares or 1.67 per cent stake