Page 8 - Shareholders

Baring to take Hexaware private, accepts exit price of Rs 475 per share

The private equity major may have to spend as much as Rs 5,400 crore to buy out the entire 37.9 per cent stake from public shareholders

Bank of India gets shareholders' approval to raise Rs 8,000 crore

Shareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing

Virtual shareholder meetings are here to stay

Virtual meetings have no doubt preserved the form of AGM's but have also provided us with a window to rethink their substance

Sebi steps up oversight of MII boards, seeking to protect shareholders

Regulator takes a close look at appointments after shareholder directors of NSE, BSE quit

NTPC to seek shareholders' nod to raise up to Rs 15,000 crore via bonds

The funds are proposed to be raised on private placement basis in one or more tranches not exceeding 30; AGM is scheduled for September 24

Small shareholders in Samsung Electronics nearly triple this year

The number of small shareholders in global tech giant Samsung Electronics nearly tripled this year amid massive stock investment by local retail investors, data showed on Tuesday

Vedanta raises $1.4 bn via bonds to fund delisting of Indian flagship firm

Bond issuance follows commitments for $1.75 billion that VRL had received earlier for a three-month term loan facility, taking the total amount of debt to $3.15 billion across global debt mark

Jaypee Infratech delisting: Shareholders move NCLAT, seek fair exit price

The shareholders have also requested the NCLAT to pass a direction to the stock exchanges BSE and NSE not to delist the share of Jaypee Infratech till they are adequately compensated

Sharp gains expected for Majesco's Indian shareholders after US sale

Cash per share after transaction at Rs 852 is more than double the current price

Renuka Sugars' shareholders approve raising up to $300 mn from holding firm

The ordinary resolution to this effect was approved by the shareholders at an extra ordinary general meeting, according to a regulatory filing

HDFC plans to seek shareholders' approval to raise Rs 45,000 crore

The board of directors of HDFC Ltd will meet on July 30 to announce the quarterly results for the first quarter ended June of the current fiscal, it said in a regulatory filing.

NSE removes Vedanta from its indices ahead of possible delisting

The stock will be replaced by HDFC Life Insurance Company with effect from July 31. It will be replaced by SBI Cards in the Nifty 100 and Nifty 500 indices

Independent kin can't be recategorised as public shareholders: Sebi

Regulator's informal guidance may have repercussions on several listed companies, say legal experts

Independent kin aren't public shareholders, Sebi tells Mirza International

The view was issued by the market regulator in the form of an 'informal guidance' sought by the shoe manufacturer

Sebi relaxes 25% minimum public shareholding norms, deadline postponed

Experts said Sebi's relaxation would also benefit companies where promoter holding had increased beyond 75 per cent because of open offers or other acquisitions.

Stewardship code aims greater investor, India Inc engagement. Will it work?

Stewardship responsibilities include engaging investee companies on ma­tters ranging from corporate governance and financial performance to capital structure and strategy

Torrent Pharma gets shareholder nod to raise up to Rs 5,000 crore

The approval of the shareholders was sought by way of special resolution through a postal ballot

Biz judgement rule and directors' liability

Directors, including independent directors, are equally liable for omissions and commissions of the company

Sebi to tighten open offer norms, proposes 10% interest in case of delay

The market regulator said for share acquisition, bulk deals more transparent than off-market route

MTNL seeks shareholders' nod to raise funds, monetise land and holdings

The government recently approved a Rs 69,000-crore revival package for BSNL and MTNL that includes merging the two loss-making firms