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PROMOTER RECLASSIFICATION
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Magnum Ice Cream Netherlands buys 61.9% stake in Kwality Wall’s IndiaKwality Walls India has a new owner. Magnum Ice Cream Company Holdco 1 Netherlands B.V. has bought a majority stake. This significant acqui...
- Govt may consider OFS option for raising public float in IDBI BankThe government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the ...
- Govt may consider OFS option for raising public float in IDBI BankThe government is considering an Offer-for-Sale (OFS) in IDBI Bank to raise public shareholding after a failed attempt to sell a majority s...
- ET Explainer: Debating promoter reclassificationSebi committee discusses but ultimately rejects proposal to reclassify promoters in listed companies, maintaining the 10% threshold rule. C...
- MHIL: Bourses approve re-classification of Analjit Singh, family as public shareholdersMHIL is promoted by Dr Abhay Soi (Chairman and MD) and Kayak Investments Holding Pte. Ltd holding 23.10 per cent and 37.54 per cent shares,...
- Oriental Insurance Co categorised as public shareholder in Axis Bank"In this regard...BSE and NSE vide their respective letters dated December 20, 2021, have granted their approval for the reclassification o...
- Sebi makes dividend distribution policy must for top 1,000 listed cosThe regulator has also put in place a framework in relation to applicability, constitution and role of the Risk Management Committee (RMC) ...
- Sebi proposes to relax rules for re-classification of promoter as public shareholderThe 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 shareholdersThe regulator also proposed exemption from the procedure for reclassification following an open offer provided the intent of the existing p...
- Mindtree seeks to reclassify promoters to publicThe company has sought to reclassify promoters to ordinary shareholders in one year since they quit, following the takeover.
- Yes Bank gets bourses approval for re-classification of promoter shareholdingPart of shareholding classified as "promoter shareholding" now stands at zero. The bank first informed the bourses during the day, saying S...
- Promoters' children cannot be recategorised as public shareholder: SebiSubsequent to the share transfer, daughters names would be included in the promoter group category.
- Yes Bank applies to stock exchanges for re-classification of promotersYes Bank on Wednesday said it has applied to the stock exchanges for re-classification of promoter shareholding post the reconstruction sch...
- Aplab to remove Zee Entertainment from promoter listThe company's board is scheduled to meet on March 26 to approve the reclassification process.
- Sebi unveils rules for reclassification of promoter as public investorAn outgoing promoter will have to relinquish special rights as well as control over the affairs of the listed firm.
- Sebi proposes easier rules to reclassify promoters as public shareholdersSebi has proposed that if a promoter plans to be re-classified as a public shareholder, then the entity needs to first apply to the listed ...
- Reclassification of promoters likely to become easier soonSebi has received various representations from such promoters on the matter.
- Infosys founders in no hurry to lose their promoter tagThe founder-versus Infosys board spat got a new twist on Thursday when Murthy publicly expressed his displeasure on some of the sore points...
- No legal hassles please! Some promoters keen to be known as non-promotersSebi had issued guidelines for reclassification of certain promoters into public category because they do not exercise control over the aff...
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