Moneycontrol has reported that Encora, backed by private equity firm Advent International, is among the companies with which Coforge has held advanced discussions. The company has called a board meeting today to consider a fundraising proposal.
The proposed transaction will not trigger an open offer, as the stake acquisition will be entirely through a primary issuance of shares.
Sebi eased Minimum Public Shareholding threshold for large IPOs to encourage larger companies, including government-owned companies, to come and list publicly
Once approved, this will be the latest payout in what has been a significant year for Vedanta’s dividend distribution. So far in FY25, the company has declared dividends totaling Rs 35 per share.
If the board agrees to make the shares cheaper, it will be the LIC-backed multibagger small cap company’s first stock split
The state-owned construction firm NBCC Ltd has delivered multi-bagger returns to its shareholders tracking the broader rally in the PSU segment
Aarti Drugs board at its meeting held today approved share buyback of 6.65 lakh shares at a price of Rs 900 per equity share.
Lodha, who joined PFS as Director (Finance) in June 2020, was given the additional charge of MD and CEO after the previous CEO, Pawan Singh, stepped down following a Reserve Bank of India (RBI) directive.
The company has invited applications from potential candidates to select an MD & CEO, the last date for which is March 15.
There are concerns over the company’s risk management practices and the robustness of its governance framework, the regulator said.