Articles Of Association

Gangwal is away in the US where he is based and is not attending the AGM

Preventing another IndiGo: Here's what SEBI is planning

A series of recent corporate battles have stemmed from one issue: the Articles of Association (AoA) vesting more powers in a set of shareholders. SEBI may curb this practice.

Opinion | Board seats — a right or a privilege?

Board members must approach their directorships as a privilege and not as a right. Given the nature of its responsibilities, board members must put the interests of the company and its stakeholders ahead of themselves.

Infy seeks shareholders' nod for new Articles of Association

"The Board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

Infosys seeks shareholder nod to amend Articles of Association

"The board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

Mistry family has no right to nominate director: Tata Sons

Ahead of the February 6 shareholders' meeting to remove Cyrus P Mistry as director on Tata Sons, the holding company of Tata Group has said the Mistry family did not have any right to nominate a director on the board as the Articles of Association do not provide for it.

Shapoorji Pallonji approved AoA changes at Tata Sons, say Srcs

People privy to the developments at the group told CNBC-TV18 that Shapoorji Pallonji, which has an 18 percent stake in Tata Sons, approved the changes to Articles of Association (AoA). The decision to change AoA was taken after extensive discussions between Ratan Tata and Mistry, they said.

Mistry terms his removal unparalleled, is 'shocked beyond words'

A report in the Economic Times said that Mistry in the letter criticised the decision and termed it as ‘unparalleled in the annals of corporate history.‘

Banks to file objections to Heineken's impleadment plea

The Consortium of Banks led by SBI today said it would be filing objections to the Dutch beer major Heineken's application before the Debt Recovery Tribunal seeking to be impleaded in the Vijay Mallya case.

Nalco board to discuss Rs 3,250 cr share buy-back next week

Nalco on May 20 said its board will meet on May 25 to discuss buy-back of the government's 25 percent stake in the aluminium maker.

SpiceJet shareholders agree Ajay Singh's appointment as MD

The proposal has been approved by the shareholders through postal ballot, the carrier said in a regulatory filing today.

IDBI Bank gets shareholders nod to raise up to Rs 26,000 cr

The bank in a statement today said, AGM convened yesterday has passed "enabling for issue of shares up to Rs 6,000 crore (inclusive of premium amount) through various modes of issues including QIP". The fund from sale of shares would be raised in one or more tranches

IDBI Bank to raise Rs 26,000 cr through equity, bonds

For the full fiscal 2014-15, IDBI Bank had posted a net profit of Rs 873.39 crore, a 22 percent decline over last fiscal.

Manappuram Fin seeks additional rights for some investors

Manappuram Finance is in the spotlight once again and this time over affirmative rights. It wants to retrospectively amend its articles of association (AOA) to accommodate institutional investors who subscribed to its issue of cumulative convertible preference shares in 2008.

Govt to amend articles of association for PSU share buyback

The government is clearing the decks for the buyback programme. The government is looking to amend the articles of association (AoA) of public sector units for share buybacks, reports CNBC-TV18's Siddharth Zarabi.