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SPECIAL RESOLUTION BY SHAREHOLDERS
Adani Enterprises launches QIP, sets floor price at Rs 3,034.68 per shareAdani Enterprises launched its qualified institutional placement to raise funds from institutional investors, fixing a floor price of Rs 3,...
RBI finalises NBFC-UL norm that may see Tata Sons listIndia's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...
Yes Bank to consider fundraise plans on June 29Yes Bank's board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for r...
Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a shareOla Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may...
Swiggy says failed shareholder resolution aimed at governance, not founder controlIn an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without ...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution planAdani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This la...
LIC bonus issue: Insurance behemoth gets shareholders' approval for 1:1 issue. Check detailsLife Insurance Corporation of India (LIC) said shareholders approved its 1:1 bonus issue with overwhelming support. The insurer disclosed v...
These 6 banking stocks have an upside potential of up to 24% in 1 year, according to analystsThe news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is well with the sector and banks ar...
Vedanta shares jump 8% after demerger. Should buy, sell or hold the stock?Vedanta share price surged 8% after its demerger into four entities, with analysts highlighting improved business focus but increased conce...
Ipca Laboratories shareholders reject employees stock option scheme resolutionThe Employee Stock Option Scheme, being a special resolution, required at least 75 per cent votes in favour. Only 63.8 per cent of the vote...
JK Lakshmi Cement shareholders reject proposal to increase inter corporate transaction limit to Rs 10,000 croreShareholders of JK Lakshmi Cement Ltd have rejected a special resolution that aimed to increase the inter corporate transaction limit to Rs...
NDTV shareholders clear special resolutions for appointment of directorsSanjay Pugalia and Senthil Chengalvarayan have gotten the shareholder nod to become whole-time directors. The duo will serve as whole-time ...
Sobha shareholders reject two remuneration proposalsAbout 88.6% of the institutional investors voted against the first resolution, while 86.3% opposed the other. As the number of votes cast i...
Torrent Power to seek shareholders nod for raising Rs 2,000 crSuch approval shall be valid in respect of all offers and invitations for such NCDs to be made in one or more series / tranches, within 12 ...
Reliance Power shareholders turn down special resolution to monetise assetsThe company is required to obtain the consent of the shareholders by way of a special resolution to sell, lease or otherwise dispose of the...
Suzlon shareholders reject proposals to raise Rs 2,900 croreA majority of public shareholders voted against special resolutions to raise Rs 2,000 crore through an issue of equity shares and Rs 900 cr...
Central Bank of India sell shares to LIC; raises Rs 581.61 croreState-owned Central Bank of India today sold 7.10 crore shares to Life Insurance Corporation of India (LIC) and raised Rs 581.61 crore.
- Sandvik Asia gets HC nod for delisting
Legal experts say the verdict could have a bearing on cases involving companies that want to delist from the bourses.