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Latest Articles in shareholders

Unlocking Success: The Significance Of Shareholders' Agreements In India's Startup Ecosystem

Without a doubt, a successful shareholders' agreement in the Indian start-up ecosystem hinges on the clarity of its fundamentals

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The Glorious Exit

In 2007 Mithun Sacheti convinced his parents that he wanted to move on from the family business, Jaipur Gems. CaratLane, the startup he co-founded in the jewelry space with a capital of Rs 74 Lakh the following year fetched Mithun Sacheti a staggering Rs 4,621 crore when he sold his remaining stake to Titan Company this year. BW Businessworld tracks the story of this magnificent clean, cash exit

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ITC Shareholders Approve Sanjiv Puri’s Reappointment As CMD

According to reports, Puri’s reappointment received 96.74 per cent votes in favour, as both institutions and non-institutional investors supported the proposal

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Vedanta Declares First Interim Dividend At Rs 18 per Share

The company further underlined the date for dividends payment is 30 May 2023 and notified paying interim dividends within the stipulated timelines as prescribed under law

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PNB Housing Finance Nods For Rs 2,500 Crore Rights Issue

According to an exchange notification, the company will issue 29 new equity shares for every 54 shares of its existing shareholders. Earlier the housing finance board had nodded to the rights issue in March 2022

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HDFC-HDFC Bank Merger Gets Shareholders' Approval

The merger has been approved by shareholders with an overwhelming majority and no objections were received, the counsel of the companies informed NCLT

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Shareholder Alert: Claim Shares & Dividends by 31 March To Avoid Freezing

There are several reasons why investors may still hold physical shares, read to understand more

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Adani Increases Payout For NDTV's Open Offer To Match Founders' Payments

Since Adani disclosed his acquisition aspirations in August, the stock price of NDTV has decreased by nearly 20 per cent

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NDTV Shares Rise As Adani’s Shareholding Nears 65%

NDTV traded 3 per cent higher at Rs 352.10, against a 0.84 per cent climb in the S&P BSE Sensex

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Majority Twitter Shareholders Vote In Favour Of Sale To Musk

The deadline for the shareholder vote on the deal is Tuesday but enough investors had voted by Monday evening for the outcome to be certain

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Britannia Industries' Shareholders Reject Rs 5,000 Cr Investment Proposal

The Companies Act mandates that a special resolution needs to be passed by a super majority, which refers to at least 75 per cent of the members voting in favour of it

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Tata Sons Shareholders Approve Chandrasekaran's Reappointment As Chairman

In February this year, the Board of Tata Sons had approved the reappointment of Chandrasekaran as executive chairman for another five years till February 2027, subject to shareholders' approval

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FRL EGM For Shareholders, Creditors On April 20, 21 As E-voting Ends

FRL has scheduled meetings of equity shareholders, secured creditors and unsecured creditors of the company on April 20 and 21, 2022, respectively as per directions of the Mumbai Bench of the National Company Law Tribunal (NCLT)

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Ashok Leyland To Remain Majority Shareholder In Switch Mobility

The Electric Vehicle arm of Ashok Leyland plans to raise funds significantly above its valuation, post which the majority stake would still remain with Leyland

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Canada Court Allows Devas Shareholders To Continue Seizure Of 50% Of Air India's Funds

The court also granted relief to the Airports Authority of India (AAI), freeing its funds that were seized by the Devas Multimedia shareholders.

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