Annual General Meetings

Dhanlaxmi appoints 3 new directors in board, paves the way for rights issue

The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board

Glitches in MCA portal: CAs, CS seek extension in annual filing deadline

They were protesting against glitches in the MCA portal

Extraordinary general meeting brings focus back on Kirloskar Brothers' deed

Each signatory of the DFS is mandated to follow the rules and implement the deed with the approval of the respective board of directors

Invesco to sell 5.51% stake in Zee Entertainment for over Rs 1,300 cr

This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April

Anil Agarwal-led Vedanta group gets shareholder nod to rejig capital

The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cent of the dividend to be distributed

Sebi gets tougher with MF industry body for dragging feet on pooling norms

Regulator also unhappy with phase-1 of two-factor authentication framework, asks Amfi for schedule and progress reports

ASCI appoints N S Rajan as next chairman; Saugata Gupta new V-C

The outgoing chairman, Subhash Kamath, will be a part of the Consultative Committee of the board, which, among other activities, mentors the new initiatives of the organisation

Birla Corp to invest $1 bn over eight yrs, raise capacity to 30 mn tonnes

Current consolidated capacity is about 20 mn tonnes; mix of greenfield and brownfield projects, de-bottlenecking existing operations to help add another 10 mn tonnes

Dish TV shareholders reject 4 resolutions at AGM, board strength down to 2

Adoption of FY21 and FY22 financial statements and new statutory auditors not accepted at AGM

Payment aggregator licence may open avenues beyond rail-ticketing for IRCTC

Recently secured shareholder approval to approval RBI; has database of 100 mn users

Byju's audited revenue expected to be lower than projected numbers

Byju Raveendran, co-founder and the CEO of the unicorn, has briefed the shareholders and the board members about the difference

Future Lifestyle Fashions gets three-month extension for holding AGM

Future Lifestyle Fashions Ltd (FLFL) on Thursday said it has received a three-month extension from the Registrar of Companies for holding its Annual General Meeting. The Future group firm has received a letter from the Registrar of Companies Mumbai, Maharashtra, on Thursday, granting an extension for a period of three months for holding the AGM till December 31, 2022, the company said in a statement. "Accordingly, the aforesaid Annual General Meeting of the Company would be held within the extended timeline," it said. FLFL has in-house retail chains Central and Brand Factory, Exclusive Brand Outlets (EBOs) and other Multi-Brand Outlets (MBOs of nearly a dozen apparel labels, including - Lee Copper, Champion, aLL, Indigo Nation, Giovani, John Miller, Scullers, Converse and Urbana in its portfolio. FLFL was part of 19 group companies operating in retail, wholesale, logistics and warehousing segments, which were supposed to be transferred by Kishore Biyani-led Future Group to Relian

Short-form video platforms betting on 5G for 'dawn' of 'best times'

A report by RedSeer released in July stated that by 2030, the SFV market may provide a $19 billion monetisation opportunity in India 2030

REC seeks shareholders' nod to raise up to Rs 75,000 cr via bonds

REC Ltd will seek shareholders' approval to raise up to Rs 75,000 crore through issuance of bonds next week. The funds are proposed to be raised through issuance of debentures on private placement basis during a period of one year from the date of passing of the resolution, in one or more tranches, as per the AGM notice. The limit of Rs 75,000 crore shall be within the overall revised borrowing limit. The annual general meeting (AGM) of shareholders is scheduled for September 16, 2022. REC will also seek shareholders' approval to authorize the board to mortgage/create charge on immovable and/or movable properties of the company, for securing loan up to Rs 4,50,000 crore.

45th Reliance AGM Meet 2022: New announcement, key points, and highlights

45th Reliance AGM Meeting 2022: Reliance(RIL) will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by Diwali 2022. Read to know everything

Mukesh Ambani makes succession clear to shareholders at Reliance AGM

Tycoon's three children, Akash, Isha and Anant, to lead separate business

Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp

'First-ever end-to-end shopping experience' on messaging platform, says Mark Zuckerberg

RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem

Chairman Mukesh Ambani also announces new gigafactory for power electronics, RIL set up India's first Carbon Fibre plant at Hazira with a capacity of 20,000 tonnes a year

More green energy funding, 5G in the spotlight at RIL's August 29 AGM

Company may spell out plans for retail and telecommunication businesses in the meeting

Vote against reappointment of Harsh Mariwala: SES to Marico's shareholders

Seeks approval for revision in remuneration payable to Marico's cost auditors