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AXIS TRUSTEE
Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in AprilHelios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased...
Sebi fines Axis Trustee Services Rs 10 lakhsSebi has fined Axis Trustee Services ₹10 lakh. The penalty is for not promptly disclosing a ruling against former REIT executive Aravind Ma...
Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
Kirloskar Industries’ realty arm raises Rs 1,150 cr term loan from ICICI BankAvante Spaces, Kirloskar Industries' real estate division, has secured a significant Rs 1,150 crore loan from ICICI Bank. This funding will...
SC refuses to halt insolvency proceedings against Future Ideas, a part of erstwhile Kishore Biyani-led Future GroupThe Supreme Court declined to halt insolvency proceedings against Future Ideas Company Ltd, a Future Group entity, but has asked Axis Trust...
NCLAT upholds insolvency order for Future Ideas Company LimitedThe National Company Law Appellate Tribunal (NCLAT) has affirmed the NCLT's decision to initiate insolvency proceedings against Future Idea...
Debenture trustee seeks waiver on bond terms for Shapoorji Pallonji's Afcons proposed IPOGoswami Infratech Pvt Ltd (GIPL) raised Rs 14500 crore in bonds in June last year, and one of the covenants of the bond was that the yields...
NCLT admits personal insolvency application against Kishore BiyaniThe admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the g...
Bombay HC sets aside Yes Bank AT-1 bonds write offThe division bench of Acting Chief Justice SV Gangapurwala and Justice SM Modak, in its detailed order, have upheld the plea filed by Axis ...
Bombay High Court asks CCI not to take action against trustees' bodyThe court was hearing a clutch of petitions filed by the trustees, including the association and its members IDBI Trusteeship, SBICAP Trust...
Trustees move Bombay HC against CCI challenging jurisdictionThe genesis of the dispute lies in a complaint filed before the CCI by Muthoot Finance, a South-based gold loan company. The CCI had passed...
Competition Commission probes debt trustee units of SBI, Axis, IDBI on suspected fee cartelThe three under investigation - SBICAP Trustee Company, Axis Trustee and IDBI Trusteeship - are among the leaders in the business in India ...
Axis Trustee alleges Yes Bank sold AT1 bonds as ‘Super FDs’The ongoing case between Axis Trustee and Yes is scheduled to come up for hearing in June.
Bulk and Block Deals: Axis Trustee sells Reliance Capital sharesAxis Trustee Services further sold 88,27,483 shares of Reliance Capital at Rs 4.50 each.
Axis Trustee Services pays Rs 20 lakh, settles debenture trustee norms violation caseAxis Trustee was acting as debenture trustee for Reliance Communications (RCom) which had defaulted on repayments of non-convertible debent...
Sebi slaps Rs 10 lakh fine on Axis Trustee ServicesBy not fulfilling its duties, Axis Trustee has failed to comply with debenture trustee regulation, it said.
R-Com pledges 10.4 crore shares to Axis Trustee ServicesPrior to the latest development, R-Com had 50.45 crore shares or 20.27 per cent stake pledged with Axis Trustee.
JSPL promoter Axis Trustee Services pledges 3.49% stakeThe steel and power producer said its promoter OPJ Trading Pvt Ltd has pledged 3.49 per cent stake in the firm with Axis Trustee Services L...
Reliance Communications pledges 3.25 crore sharesIn a filing to the BSE, the Anil Ambani-owned company said it has pledged 3.25 crore shares consisting 1.31 per cent of the share capital t...
JSPL promoter pledges 3.39% stake with Axis Trustee ServicesJindal Steel & Power Ltd (JSPL) today said one of its promoters has pledged a total of 3.39 per cent stake in the firm with Axis Trustee Se...