Minority Shareholders

Investors are asking also why Rohan Verma chose not to helm the new consumer-facing business within CE Info Systems, and instead chose to float a separate company.

Siemens: Minority shareholders upset, will they stave off sale of motors business?

Siemens’ sale of LVM business is among the many such instances that has peeved minority investors. What are the options before them?

Ease Equity Financing by empowering minority shareholders

SEBI should ease rules for equity financing which limit the ability of listed companies to raise ‘turnaround’ equity capital

Tata-Mistry: The NCLAT order gives a leg-up to minority shareholders

Whatever the final outcome, this order will push Indian businesses to re-examine ethics within their corporate structures

NCLT begins hearing on maintainability of Mistry firms' pleas

The National Company Law Tribunal today began hearing on maintainability of petitions filed by two firms controlled by Cyrus Mistry's family against his ouster from Tata Sons, the holding company of Tata Group.

Over Rs 700 cr of rights issue to come from govt: Canara Bank

Canara Bank is planning to allot up to Rs Rs 1,124 crore at Rs 207 per share via rights issue. Sharing details of the issue with CNBC-TV18 Managing Director & CEO Rakesh Sharma said roughly Rs 745 crore of this will be from the government and balance from other shareholders.

SBI to issue 13.63 cr shares to shareholders of associates,BMB

SBI today said that the central board today approved issuance of 13.63 crore shares to minority shareholders of its three listed subsidiaries and Government of India, that wholly owns Bharatiya Mahila Bank (BMB), as part of consolidation exercises.

Foreign investors seek speedy resolution of Tata-Mistry feud

Concerned over the Tata-Mistry feud impacting stock valuations, foreign investors are approaching Sebi as well as the independent directors and management of Tata Group companies to ensure that interests of minority shareholders in the listed entities are protected.

Till Tata saga plays out Veliyath recommends wait & watch policy

In the previous regime under Ratan Tata, he says minority shareholders did not make wealth. But under Mistry, there was a focus on maximising stakeholder wealth.

Max Life, HDFC Life merger to be completed in 12 months

With Max Financial Services getting merger approval from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.

Minority shareholders to vote for Gujarat plant: Maruti

RC Bhargava Chairman, Maruti Suzuki said: “We have decided today in the board meeting that the voting for the minority shareholders will commence on November 16 and will end on December 15 with results coming out on December 17.”

Open offers worth Rs 1,007 crore made in Apr-Aug: Sebi

Open offers worth more than Rs 1,000 crore were made during the first five months of the current fiscal.

Vedanta set for next tiff with shareholders on Cairn merger

Should Vedanta propose a merger, the ensuing howls of protest from Cairn India‘s minority shareholders will be nothing new to the promoters

No plans to list Wipro Enterprises: Azim Premji

Minority shareholders had asked for option to sell out. They had asked Wipro to consider listing Wipro Enterprises.

Azim Premji wants to take Consumer Business private

Wipro Enterprises proposes to buy back 1.61 crores shares held by the minority shareholders for an aggregate value of Rs 594 crore.

Fund managers keen on big returns, not corporate governance

For all the posturing when company managements try to shortchange minority shareholders, fund managers are ultimately guided by the returns on their stocks. That is why you find institutions putting money in companies that are not exactly famed for their corporate governance standards.

How new SEBI norms build upon Companies Act 2013 guidelines

Here is a summary of SEBI‘s corporate governance norms vis-à-vis the Companies Act 2013.

Sebi examines minority holders issue in Holcim-Ambuja deal

The Securities and Exchange Board of India (Sebi) is looking into the complaints in the multi-layered deal involving Swiss cement giant Holcim and its Indian subsidiaries Ambuja Cement and ACC.

Holcim erased value for Ambuja minority shareholders: CLSA

The CLSA note published after the deal was announced argues that the holding-company structure will result in a potentially large holding company discount which will be applied to Ambuja‘s stake in ACC.

Jet gets extension to meet Sebi's public shareholding norm

Jet Airways has got an extension from Sebi to meet the mandatory 25 percent public shareholding norm. As per the norms, privately promoted companies are expected to have public shareholding at 25 per cent by June-end.

Puravankara slips 3.3% despite strong Q4 earnings

Strong fourth quarter earnings failed to enthuse investors holding Puravanakara Projects as it announced 50 percent interim dividend only for minority shareholders (excluding promoters). The stock fell 1.3 percent quoting Rs 103 on Thursday.

With investor rejecting deal, Sun Taro battle may drag on

Sun Pharmaceutical Industries has fought a long battle to buyout Taro Pharma. But now following a swettened deal to buy out minority shareholders, it has managed to win over the Israel-based and US-listed company's board. But the end may not be in sight yet with already red flag against the deal from a minority shareholder.

Rules Of M&A Game: Public Shareholder Point Of View

Rules Of M&A Game: Public Shareholder Point Of View

Shareholders sue Bhansali Engg for mismanagement, move CLB

Ashwin Mohan of CNBC-TV18 reports that Bhansali Engineering Polymers has been dragged to the Company Law Board (CLB) by its minority shareholders for alleged financial irregularities and mismanagement of funds.

May consider re-listing at NYSE post merger: Mah Satyam

Mahindra Satyam today said it may consider re-listing at the New York Stock Exchange (NYSE) after the process of merger with Tech Mahindra gets over.