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Latest Articles in shareholders

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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IEX Seeks Shareholders Nod To Issue Bonus Shares

The current authorised share capital is Rs 40,25,00,000 divided into 40,25,00,000 equity shares of rupee one each.

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Eicher Shareholders Approve Proposal To Re-Appoint Siddhartha Lal As MD

Eicher Motors' shareholders had rejected a proposal for re-appointment of Lal as the company's managing director for a period of five years with effect from May 1 this year.

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Invesco Seeks Shareholders Support For Change Of ZEEL Management, Board

The investment firm also expressed its resolve to pursue extraordinary general meeting (EGM) to "hold the board and management accountable and effect necessary change at Zee".

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Zee Entertainment Moves NCLAT Against Minority Shareholders'' Requisition For EGM

Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) along with OFI Global China Fund LLC hold 17.88 per cent stake in ZEEL.

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Grasim Industries Gets Rs 8,334 Crore Income Tax Demand

Deputy Commissioner of Income Tax (DCIT) has raised a demand for the assessment year 2018-19, Grasim Industries said in a regulatory filing.

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NTPC Gets Shareholders'' Nod To Raise Up To Rs 18,000 Cr Via Bonds

The Ministry of Power had extended Singh''s tenure from February 4, 2021, till July 31, 2025 -- the date of his superannuation.

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Future Gets NCLT Go-Ahead To Conduct Shareholders Meeting For Deal With Reliance

Confirming the development, a Future group firm through a regulatory filing informed that NCLT has passed an order, allowing the company to hold meetings of its shareholders and creditors to seek approval for the scheme.

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Yes Bank Asks Dish TV To Call EGM To Reconstitute Board

The extension is based on "unfounded reasons" and Dish TV is engaging in "dilatory tactics" in placing the resolutions to remove its Managing Director Jawahar Goel along with four other directors.

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Govt Receives Financial Bids For Air India Disinvestment; Tatas Among Suitors

The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India's 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.

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Cairn Accepts $1bn Refund Offer, To Drop Cases Against India Within Days: CEO

Cairn will drop cases to seize diplomatic apartments in Paris and Air India airplanes in the US in "a matter of a couple of days" after the refund, he said adding Cairn''s shareholders are in agreement with accepting the offer and moving on

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Axis Bank Begins Issuing Debt Securities Under Rs 35,000 Crore Debt Raise Plan

The shareholders of the bank had approved the proposal in the bank's annual general meeting in July. "The bank has initiated the process of issuing of the debt instruments, in the form of the additional tier 1 notes (notes) in foreign currency, subject to market conditions," Axis Bank said in a regulatory filing.

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