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Kaynes Technology gains 4% after launching QIP to raise ₹1,600 cr; Details
Kaynes Technology gains 4% after launching QIP to raise ₹1,600 cr; Details

Business Standard

time18 hours ago

  • Business
  • Business Standard

Kaynes Technology gains 4% after launching QIP to raise ₹1,600 cr; Details

Kaynes Technology India shares jumped 3.9 per cent in trade on Friday, June 20, 2025, logging an intraday high at ₹5,825.5 per share on BSE. The stock was in demand after the company launched its qualified institutional placement (QIP) to raise funds worth ₹1,600 crore. At 9:54 AM, Kaynes Tech share price was trading 2.78 per cent higher at ₹5762.8 per share on the BSE. In comparison, the BSE Sensex was up 0.39 per cent at 81,679.52. The company's market capitalisation stood at ₹36,930.5 crore. Its 52-week high was at ₹7,824.95 per share and 52-week low was at ₹3,729.7 per share. Kaynes Technology QIP details On Thursday, after market hours, Kaynes Technology launched its QIP at a floor price of ₹5,625.75 per share which was a premium of 0.33 per cent from the previous day's close at ₹5,606.8 per share. "At its meeting held today i.e. June 19, 2025, inter alia, passed resolutions for authorized the opening of the Issue today, i.e. June 19, 2025, approving the floor price for the Issue, being ₹5,625.75 per equity share (Floor Price), based on the pricing formula as prescribed under Regulation 176 of the Sebi ICDR Regulations; and approving and adopting the preliminary placement document dated June 19, 2025, together with the application form in connection with the Issue," the filing read. From this QIP, the company aims to raise up to ₹1,600 crore. "Raising of funds through issuance of instruments or security including equity shares or any other eligible securities by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement and/or rights issue and/or further public offering for an amount not exceeding ₹16,000 million in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations," the company had informed on January 22, 2025. About Kaynes Technology Kaynes Technology is an end-to-end and IoT solutions-enabled integrated electronics manufacturer in India. The company has over three decades of experience in providing Conceptual Design, Process Engineering, Integrated Manufacturing and Life Cycle Support for major players in the Automotive, Industrial, Aerospace and Defence, Outer-space, Nuclear, Medical, Railways, Internet of Things ('IoT'), Information Technology ('IT') and other segments. It manufactures products at variable or flexible volumes across all industry verticals.

El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report
El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report

Yahoo

time13-06-2025

  • Business
  • Yahoo

El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report

El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report Los Angeles, CA, June 13, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, El Septimo Cigars has been honored by Robb Report, one of the most globally respected luxury publications, as producing one of the 10 Best Cigars in the World. In its highly anticipated Annual Best of the Best 2025 Issue, Robb Report selected El Septimo's Vartan The Dragon as the finest cigar to splurge on in the entire world. This is a huge accomplishment to be recognized by Robb Report, which is not just any ordinary publication/blog that rates cigars, but is a global guide encompassing the luxury lifestyle. This prestigious recognition comes on the heels of earning the same accolades in 2023 for its Van Gogh cigar, and in 2024 for it's Bordeaux cigar, making El Septimo one of the few cigar manufacturers in the world to be recognized by Robb Report for three years in a row — an extraordinary achievement that reflects El Septimo's unwavering commitment to innovation, craftsmanship, and absolute quality. 'We are deeply honored that Robb Report — one of the most influential and respected luxury media outlets in the world, with its global readership of the most sophisticated connoisseurs — continues to recognize El Septimo among the world's finest cigars, year after year,' says Zaya Younan, Chairman & CEO of El Septimo Geneva. 'To receive this honor three consecutive years in the highly competitive global cigar market is a testament to the unique standards we apply to every cigar we create.' What sets El Septimo apart from every other cigar manufacturer in the world is its uncompromising process. The tobacco used in Vartan The Dragon undergoes a proprietary triple fermentation process lasting a full year — over ten times longer than industry standards — removing impurities and unlocking the deepest flavors. This is followed by an extraordinary 15-year aging process, allowing the tobacco to fully mature and stabilize, resulting in an ultra-smooth, complex, and refined smoking experience unlike anything else in the industry. From the first draw to the final puff, Vartan The Dragon delivers layers of rich cocoa, roasted coffee, exotic spices, cedar, and dried fruits, all wrapped in flawless construction and perfect combustion — earning its place among the elite selections in Robb Report's 2025 list. With this latest honor, El Septimo continues to strengthen its position as the world's most luxurious and innovative cigar brand, redefining the standards of ultra-premium tobacco and elevating the global cigar experience. About El Septimo is the world's leading luxury cigar manufacturer, blending science, innovation, and artisanal craftsmanship to create the most refined cigars on the market. Based in Geneva, Switzerland, and Los Angeles, USA, El Septimo offers over 55 unique blends, each meticulously designed with long-term fermentation, multi-year aging, and the most sophisticated manufacturing techniques in the industry. Attachments El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report El Septimo Named One of the 10 Best Cigars in the World for 2025 by Robb Report CONTACT: Alexandra Younan El Septimo Geneva 8187039600 AYounan@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The last day of trading in unit rights in Terranet's rights issue
The last day of trading in unit rights in Terranet's rights issue

Yahoo

time05-06-2025

  • Business
  • Yahoo

The last day of trading in unit rights in Terranet's rights issue

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. Today, June 5, 2025, is the last day of trading in unit rights issued in connection with Terranet AB's ("Terranet" or the "Company") rights issue of units which the Board of Directors resolved on April 16, 2025, and was approved by the annual general meeting on May 23, 2025 (the "Rights Issue"). Unit rights that are not sold or used for subscription will expire worthless. Summary of the Rights Issue: The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge. The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs. The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of shares they already own, where one (1) existing share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit. The last day of trading in Terranet's B-shares including the right to receive unit rights in the Rights Issue was April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025. The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025. The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments. Preliminary timetable for the Rights Issue May 27, 2025 – June 5, 2025 Trading in unit rights May 27, 2025 – June 11, 2025 Subscripition period May 27, 2025 – June 30, 2025 Trading in paid subscribed units (BTU) June 13, 2025 Preliminary date for publication of the outcome in the Rights Issue AdvisersMangold Fondkommission AB is the financial advisor to Terranet in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue. Dan Wahrenberg, CFOE-mail: goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet's anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: Certified Adviser to Terranet is Mangold Fondkommission AB. Important informationThe release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else. This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations. Attachment Press release - Last day for trading URError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Gabrielle Union Shuts Down Critics Over Trans Daughter Support
Gabrielle Union Shuts Down Critics Over Trans Daughter Support

Yahoo

time25-05-2025

  • Entertainment
  • Yahoo

Gabrielle Union Shuts Down Critics Over Trans Daughter Support

Gabrielle Union is standing her ground, and she is not holding back. The actress and activist is once again making headlines for fiercely defending her support of Zaya Wade, her transgender stepdaughter. Union, who has never shied away from speaking out, is shutting down critics who question her parenting choices. In a bold and emotional response, she made it clear that her love for Zaya isn't up for debate, no matter what anyone says. Since Zaya came out as transgender in 2020, Union and her husband, Dwyane Wade, have been vocal advocates for her journey. In her cover story for Marie Claire's Motherhood Issue, the mom of one reaffirmed her support for the 17-year-old, which she believed stemmed from unconditional love. 'People talk about my parenting decisions. Loving my kid unapologetically out loud? Not putting someone out? The bar is on the damn floor,' Gabrielle Union said. The 52-year-old revealed that her approach to parenting was listening and learning. She believed in leaning into love and seeking knowledge from experts and those with lived experiences. 'There's not a manual. I leaned into love and then asked questions—whether that be doctors, child psychologists, people who have lived experience—I'm leaning into that,' she said. Despite Union and Dwyane's supportive stance over the years, the couple has faced criticism from various angles. Some have questioned their parenting decisions, while others have expressed discomfort with their openness about Zaya's identity. Nevertheless, the 'Think Like A Man' star remains unfazed. During the interview, Union explained that she saw her and her husband's actions not as extraordinary but as the bare minimum any parent should offer. 'Nothing we have done as parents feels revolutionary or groundbreaking. It just feels like common sense, kindness, compassionate. All the things that you wish your parents showed you when there's some aspect of your life or your personality that may not fit down the middle of the road,' the doting mom shared. Union also noted that being transgender is who Zaya was born to be, and it is her job as a mom to keep her safe, protected, loved, and educated. This isn't the first time the Oscar award winner has shared her thoughts on parenting a child in the LGBTQ+ community. In 2022, Union dished out advice to parents struggling to accept their LGBTQ+ kids. In an interview with Buzzfeed, she said, 'As our children show up, it is our job to believe them when they tell us who they are and not impose our dreams, hopes, fears, and desires on them.' Union shared that parents should be loving, compassionate, and protective guides for their children, adding that they must learn to respect their children's choices. 'We do not believe in any kind of shaming for existing. That is bizarre, cruel, and harmful. It's important for us to live and love out loud. We didn't exactly understand why [supporting Zaya's trans identity] was a thing because it's like, we love all our kids out loud,' she added. Gabrielle Union isn't just a good mom but also a supportive wife. In 2023, the Hollywood star's husband was diagnosed with kidney cancer, and she has been by his side since then. In an interview on 'Today,' the former NBA star shared details about his cancer diagnosis. Dwyane revealed he visited the doctor for a routine check following his dad's prostate cancer diagnosis. Although he experienced stomach aches and changes in urination, the 43-year-old didn't think anything serious about the situation. However, after two MRI scans, the doctors confirmed a suspicious mass on his kidney. In December 2023, Gabrielle Union accompanied her husband to the hospital, where he underwent a successful surgery. Eventually, Dwyane would learn that the mass on his kidney was stage 1 cancer. Two years have passed since the diagnosis, and Dwyane is doing okay. In an interview during the New York premiere of her new film 'Riff Raff,' Gabrielle Union shared an update on Dwyane's health. 'He's cancer-free now. He was smart to delay talking about his diagnosis and the surgery for over a year to give us all a little time to make peace with it and let all of our very intense fears kind of dissipate a little bit, but he's brave,' she told Access Hollywood. She also noted that she was proud of Dwyane for choosing to be vulnerable and share his journey with the world, which she believed was inspiring.

Olivia Dunne stuns in behind-the-scenes SI Swimsuit video as she tries on dazzling bikinis for her cover shoot
Olivia Dunne stuns in behind-the-scenes SI Swimsuit video as she tries on dazzling bikinis for her cover shoot

Time of India

time21-05-2025

  • Entertainment
  • Time of India

Olivia Dunne stuns in behind-the-scenes SI Swimsuit video as she tries on dazzling bikinis for her cover shoot

Olivia Dunne shows off her favorite bikini looks during Sports Illustrated Swimsuit shoot in new BTS video (Getty Images) Olivia Dunne has made headlines once again—this time as one of the cover stars of the 2025 Sports Illustrated Swimsuit Issue. After gracing the magazine's pages for two consecutive years, the former LSU gymnast has officially taken center stage. And while her cover shot exudes glamor, the journey behind it tells a tale of grit, hustle, and unexpected twists. Livvy Dunne gives fans inside access to her glamorous Sports Illustrated Swimsuit shoot in must-watch video In a candid behind-the-scenes video shared on social media, Livvy Dunne took fans along for the whirlwind 24-hour shoot in Bermuda. The trip was squeezed in between college meets and class commitments. What made the experience even more remarkable was the physical toll it took. 'It kinda hurt, but it was honestly so worth it,' Dunne admitted, revealing that the entire shoot was done on a fractured kneecap—an injury she hadn't realized was that serious at the time. The 21-year-old gymnast, known not just for her athletic prowess but also for her powerful social media presence, added another surprising detail: she had no idea she was even shooting for the cover. 'I had no idea I was even shooting for a cover, but I was so excited,' she said, describing the moment with genuine surprise and joy. In the brief span of her Bermuda trip, Dunne fit in everything from swimsuit fittings to hair and makeup, while also sharing snippets of her resort stay and meals with her fans. Just hours after wrapping up the shoot, she was back on campus for her Monday meetings—showing the kind of work ethic that often goes unnoticed. One of four women to grace this year's cover—alongside Salma Hayek, Jordan Chiles, and Lauren Chan—Dunne paid tribute to her LSU roots with striking tiger-print swimsuits. Despite the pain and pressure, she delivered effortlessly on camera. Yet, Dunne's journey hasn't been without criticism. 'People like to discredit what I do because of the way I look,' she said in her interview with SI Swimsuit . 'But if you take a deeper dive there's so much more.' She added, 'This was years in the making. It didn't come to me easily, and I think that's a big misconception.' The 2025 Swimsuit Issue Has Arrives | Sports Illustrated Swimsuit Now retired from college gymnastics, Dunne has transitioned into full-time modeling and influencing, with over 5 million Instagram followers. Meanwhile, her boyfriend, MLB pitcher Paul Skenes , continues to battle challenges on the field—despite throwing a stellar complete game recently for the Pirates. Also Read: How a friend's decision to give beer at Pirates game may have led to a deadly accident at PNC Park Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.

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