Hero MotoCorp (NSE:HEROMOTOCO, BOM:500182) said Ather Energy (NSE:ATHERENERG, BSE:544397) allotted 7.6 million convertible warrants to the company at an issue price of 1,260 rupees per warrant, for an aggregate subscription amount of about 9.6 billion rupees.
Hero MotoCorp paid 2.4 billion rupees, or 25% of the issue price, on Tuesday, while the remaining 75% will be payable upon exercising the warrants into Ather equity shares, according to a filing to the Indian exchanges
Qantas Airways' (ASX:QAN) Jetstar unit will operate a new direct route between Melbourne in Victoria and Colombo in Sri Lanka, according to a Tuesday statement.The flights run three times a week, on Tuesdays, Thursdays, and Saturdays.Qantas Airways' shares rose past 1% in recent trading on Tuesday.
Shenzhen Longsys Electronics (SHE:301308) passed its listing hearing with the Hong Kong bourse, paving the way for its proposed secondary offering in the city to proceed, according to a Monday after-hours filing with the Shenzhen Stock Exchange.The semiconductor memory product company plans to use proceeds from the offering to enhance its research and development capabilities, grow its packaging and testing facility in Brazil, boost sales and marketing, fund strategic investments, and for working capital, according to its post-hearing information pack.
Hansen Technologies (ASX:HSN) partnered with InvoiceCloud to integrate its Hansen CIS software products with InvoiceCloud's digital payments platform, according to a Tuesday Australian bourse filing.The firms plan to support bill generation, presentment, payment, and reconciliation for utilities, energy retailers, and local governments across North America.Its shares rose 2% in recent trade on Tuesday.