Wednesday, July 6

Financial Institutions

Brickwork Ratings for February 2019
Corporate, Financial Institutions

Brickwork Ratings for February 2019

1. The below bar graph shows the different dates with the number of companies issued instrument. On 12th February 2019, 15 companies were issued instrument.   2.  On February 2019, 157 companies were rated according to the instrument. Bank Loan Facility was issued to 147 companies, Non-Convertible Debentures was issued to 9 companies, Taxable Subordinated Tier II Bonds was issued to 1 company.   3.  The below table shows the amount with different instruments. 10,176.26 crores Bank Loan Facility and 2,075 crores of Non-Convertible Debentures, Taxable Subordinated Tier II Bonds of 750 crores. A total of 13,001.26 crores of different instruments have been issued to companies in the month of February. 4.  The Top companies with the highest amount of Instrument are: Iss...
Brickwork Ratings for January 2019
Corporate, Financial Institutions

Brickwork Ratings for January 2019

Brickwork Ratings assigned during the month of January 2019 The below bar graph shows the different dates with the number of companies issued instrument. On 30th January 2019, 20 companies were issued instrument. On January 2019, 179 companies were rated according to the instrument. Bank Loan Facility was issued to 166 companies, Non-Convertible Debentures was issued to 9 companies.   Instrument Count of Instrument  Bank Loan Activity 166 Commercial Paper 1 Non Convertible Debentures 9 Pass-Through Certificates 1 Pass-Through Certificates(Senior PTCs) 1 Taxable Non Convertible Bonds 1 Grand Total 179 The below table shows the amount with different instruments. 17410.9 crores Bank Loan Facility and 600 crores of Commercial Paper were provided to differen...
Brickwork Ratings for November 2018
Financial Institutions

Brickwork Ratings for November 2018

Brickwork Ratings assigned during the month of November 2018 The below bar graph shows the different dates with the number of companies issued instrument. On 12th Nov, 14 companies were issued instrument. 2. On November 150 companies were rated according to the instrument. Bank Loan Facility was issued to 142 companies, Non-Convertible Debentures was issued to 6 companies, both Mutual Funds and Principal Protected Market Linked Debentures was provided to 1 company each. 3. The below table shows the amount with different instruments. 8,007.53 crore bank loan facility and 8,050 crores of Non-Convertible debentures were provided to different companies. A total of 16,557.53 Crores of different instruments have been issued to companies in November. Instrument Amount in Crores Bank...
Corporate, Financial Institutions

Names of 55K Directors Linked to Delisted ‘Shell Companies’

The Ministry of Corporate Affairs has made the names of directors linked with shell companies public. The registration of these shell companies was earlier canceled by MCA. Highlights: Name of 55,000 directors made public by MCA, they are linked to the shell companies The directors are associated with companies that have not filed their financial statements for three consecutive years Directors will not be eligible under Section 164(2) to be re-appointed as a director of that company or appointed in any other company for five years from the date of default MCA has also identified professionals, chartered accountants, company secretaries and cost accountants associated with the shell companies The Ministry of Corporate Affairs had already delisted around 2,09,032 companies and no...