PUBLIC SHAREHOLDERS

Capital infusion: Punjab & Sind Bank to convene EGM this month to seek shareholders' nod

With the object to strengthen the capital adequacy of the Public Sector Banks (PSBs), the government has decided to infuse capital to the e...

Sebi proposes sweeping changes to rules for appointment of independent directors

The regulator plans to introduce the dual-approval system for the appointment and removal of independent directors.

Axis Bank board approves reclassification of United India Insurance as public shareholder

The private sector lender said it will seek approval from the shareholders through an ordinary resolution for the required reclassification.

Full text of Warren Buffett's annual letter to shareholders

Wall Street loves the fees that deal-making generates, and the press loves the stories that colorful promoters provide, Buffett said.

Tata Comm acquisition: Sebi offers exemption to Pantone from takeover norms

The order came after Pantone filed an application with Sebi seeking exemption from the applicability of certain provisions of SAST norms.

NIIT's Rs 237-cr buyback plan gets shareholders nod

The company also announced that February 24 has been set as the record date for the buyback scheme.

Sebi seeks to empower minority shareholders

Once such directors are appointed to the board, the listed entity should disclose the reasons for such appointments to stock exchanges with...

Sebi asks Schneider Electric to list on national bourse or give exit option to shareholders

Sebi said that if the company opts for de-listing, the reference date for computing the floor price would be the date on which the company ...

Cochin Shipyard declares an interim dividend of Rs 9 per share

The dividend shall be paid to the eligible shareholders on or before February 2, 2021, the company added.

Sebi tweaks public shareholding norms for companies under insolvency process

The move would ensure revival of the corporate debtor pursuant to the resolution plan and provide any listing gains over the next three yea...

ICICI Bank to sell 2.21% stake in ICICI Securities

About 10% of the offer is reserved for retail investors who can subscribe on Thursday while non retail investors can put their bids on Wedn...

Open offers by cos decline 39% to Rs 9,000 cr in Apr-Oct

According to Sebi's latest monthly report, a total of 30 open offers for shares worth Rs 8,973 crore were made by the companies during the ...

Union Bank to seek shareholders nod to raise up to Rs 6,800 cr equity capital

The EGM will be held on December 30, 2020 through video conferencing or other audio visual means to obtain shareholders' approval for raisi...

Sebi proposes to relax rules for re-classification of promoter as public shareholder

The regulator also proposed exemption from the procedure for reclassification following an open offer provided the intent of the existing p...

Sebi proposes to change reclassification rules of promoters as public shareholders

The regulator also proposed exemption from the procedure for reclassification following an open offer provided the intent of the existing p...

Sebi may ease minimum public shareholding requirements for large IPOs

Market participants have provided feedback that the compliance with minimum offer to public requirement i.e. at least 10% of post issue pai...

Amazon tells India regulator its partner Future Retail is misleading public

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led Reliance Industri...