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Latest Articles in shareholders

JSW Energy To Seek Shareholder Nod To Raise Up To Rs 5,000 Cr

The proceeds from the issuance were to be used towards repayment of existing green project-related Rupee denominated indebtedness.

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Zomato IPO Opens On July 14 At Price Band of Rs 72-76/Share

The listing of Zomato in the Indian equity market will result in the first-ever listing of such unicorn and will also become the largest IPO after SBI Cards(Rs 10,355 crore) launched in March 2020. Zomato plans to raise Rs 9,375 crore

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Chinese Nationals Step Down From Paytm Board Ahead Of Planned IPO; No Change In Shareholding

Paytm is expected to seek shareholders' approval on July 12, to raise up to Rs 16,600 crore through its initial share sale, giving it a valuation of over Rs 1.78 lakh crore, a source said.

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Reliance Infra Gets Shareholders Nod To Raise Up To Rs 550.56 Cr Via Preferential Allotment

The shareholders of Reliance Infrastructure have also approved with overwhelming majority, the raising of funds by issue of foreign currency convertible bonds (FCCBs) up to 24 per cent of the fully diluted equity share capital of the company

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Demand For Chemicals Expected To Reach Pre-Covid Levels This Fiscal: Chandrasekaran

In terms of key achievements during the year in basic chemistry we had highest sales of salt which cross 1.5 million tonnes between India and the UK, where we retain our leadership position

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Tata Steel Transfers Stake In HSMS, TSAML To Subsidiary Cos

It has also transferred its 100 per cent stake held in Tata Steel Advanced Materials Limited (TSAML) to another subsidiary company Tata Steel Downstream Products Limited (TSDPL).

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Equitas Small Finance Bank To Waive Non-Maintenance Charges Across CASA Accounts

Equitas SFB will be one among the first private sector banks to waive off NMC across CASA (current account, savings account), thereby making banking simple and limitless'

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Indian Bank Executive Dir K Ramachandran Demits Office; Central Bank Gets New Shareholder Director

Shares of Indian Bank closed 2 per cent down at Rs 142 apiece on BSE. Central Bank of India scrip ended 0.89 per cent lower at Rs 27.85.

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GR Infraprojects IPO To Open On Jul 7; Price Band Set At Rs 828-837/Share

The issue will be a complete offer for sale (OFS) of 1,15,08,704 equity shares by promoter and investor selling shareholders.

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Aim To Be World's Most Profitable Luxury Carmaker: JLR CEO

The company would simplify its architecture strategy and re-organise its manufacturing footprint, placing quality and sustainability at the heart of everything it does

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After Air India, Cairn To Target More State Cos To Recover Money Due From Govt

Cairn challenged the move before an arbitration tribunal in The Hague, which in December awarded it USD 1.2 billion (over Rs 8,800 crore) plus costs and interest, which totals USD 1.725 million (Rs 12,600 crore) as of December 2020.

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InterGlobe Aviation Shareholders Approve Plan To Raise Rs 3,000 Cr

Amid the airline industry facing strong headwinds due to the coronavirus pandemic, the company's board, on May 10, gave its nod to raise up to Rs 3,000 crore through sale of shares to institutional investors.

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SBI Better Positioned To Tackle Any Subsequent COVID-19 Wave: Khara

During the financial year ended March 31, 2021, the bank reported the highest-ever standalone net profit of Rs 20,410 crore against a net profit of Rs 14,488 crore in the previous year.

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Paytm Extends Deadline For Shareholders To Submit Documents For Share Sale To Jun 30

Paytm has plans to raise up to Rs 12,000 crore by issuing fresh equity for which it will seek shareholder's nod in an Extraordinary General Meeting (EGM) on July 12.

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Videocon Industries Financial Creditors To Get 8% Stake In Merged Entity

Equity shares of VIL, owned by Twin Star Technologies, having a face value of Rs 10 per fully paid-up equity share capital shall be issued to the financial creditors 'in proportion to their respective portion of the converted debt'

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