Shareholders

IDFC First shareholders grant Warburg affiliate board seat, reversing earlier decision

While Currant Sea’s board nominee has not yet been disclosed, this marks a significant change in shareholder sentiment from May 2025, when a similar resolution was voted down.

India’s shareholders are using their empowerment to the fullest now

Over time, rules and provisions have evolved to give public shareholders enough power to have a say in major matters of the company

BPCL announces interim dividend for FY23-24

The interim dividend translates to a 210 percent payout on the face value of every equity share worth Rs 10, according to a stock exchange announcement.0

RIL shareholders overwhelmingly approve Anant Ambani’s appointment to Board, disregard proxy advisory firms

Anant Ambani's appointment as non-executive director of RIL was approved by a whopping 92.2 percent of the company's shareholders, according to the results declared on October 27

SEBI’s guidelines on material event disclosures a boon for shareholders

This is a good move for investors to be abreast of material events but a company’s job on the compliance front has become much tougher

Exxon Mobil buys Pioneer Natural in $ 59.5 billion deal with energy prices surging

In 2020 the company said it was buying Parsley Energy in an all-stock deal valued at approximately USD 4.5 billion.

Total capex till 2030-31 could be around Rs 1.25 lakh crore: Maruti Suzuki

The country's largest carmaker is lining up capex to expand its total production capacity to 40 lakh units per annum by 2030-31

Tata Technologies settles shares issuance case with Sebi

Tata Motors, the promoter of Tata Technologies, was designated to make an offer to all existing eligible equity shareholders of Tata Technologies on November 11, 2022, to tender their shares and obtain a refund.

Over 90% shares tendered at Rs 890 apiece in Shreyas Shipping buyback offer

The company first offered Rs 338 per share for the buyback, which was later revised to Rs 375 as the share price rallied post the buyback announcement.

SpiceJet gives lessors shares to clear Rs 231 crore dues

The carrier’s shareholders had on Thursday passed a number of resolutions, including a 25 billion rupees fundraise and a preferential issue of shares to lessors to clear outstanding dues.

Himachal floods delayed Parbati-II hydropower project commissioning to FY25

NHPC Ltd CMD RK Vishnoi also said that the first and second units of the Subansiri Lower hydroelectric project in Arunachal Pradesh will be commissioned in January and March, 2024 respectively.

Rs 6 dividend for AM Naik's six-decade association with L&T: CEO Subrahmanyan

Larsen and Toubro (L&T) last week posted a 36 per cent rise in net profit to Rs 3,116.12 crore in the June quarter over Rs 2,293.01 crore net profit in the corresponding period of 2022-23.

L&T CEO says special dividend of Rs 6 being given to honour Chairman A M Naik

The Rs 6 dividend to shareholders is only a token of our affection, esteem and, most importantly, gratitude (towards A M Naik).

Companies that ignore weather risks do so at their own and shareholders' peril

Indian companies need to incorporate extreme weather events and how to prepare for them in their strategic plans

Byju’s seeks to raise $1 billion to sidestep shareholder revolt

The Indian firm is offering sweeteners, including preferential treatment in the case of liquidation, to win over new backers, people familiar with the matter said, asking not to be named as the information isn’t public.

Toshiba board recommends shareholders support tender offer by JIP-led consortium

Toshiba's board earlier this year accepted the buyout offer, which would value the Japanese electronics conglomerate at 4,620 yen a share or 2 trillion yen ($14.29 billion) in total, but did not go as far as recommending shareholders to tender their shares.

Netflix shareholders withhold support for executive pay package

The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix's top executives, arguing such a vote would be "inappropriate" during the strike, which has entered its fifth week.

Wipro board clears Rs 12,000-crore share buyback at 19% premium

The company plans to buy up to 26,96,62,921 equity shares – being 4.91 percent of total number of equity shares

Tech Mahindra’s Q4 net profit slides 27% to Rs 1,125 crore, big miss on margins

An average estimate of brokerages polled by Moneycontrol had expected the post-tax profit to rise 3 percent on a sequential basis but decline 11 percent annually to Rs 1,336 crore

Gujarat PSUs dividend policy: Bonanza for minority shareholders?

The state government has mandated a minimum of 30 percent of net profit, or 5 percent of net worth, whichever is higher, to be a minimum level of dividend declared for shareholders.

Starbucks shareholders approve review of labor union practices

The proposal won 52% of votes. Results came the same day ex-Chief Executive Howard Schultz testified before a U.S. Senate committee, defending the company against claims that it illegally fired pro-union employees, among other allegations.

CPPIB is said to explore buying out ReNew energy shareholders

The asset manager is in talks with advisers to weigh a tender offer, according to the people, who asked not to be identified discussing confidential information. CPPIB is the controlling shareholder in ReNew, the people said, adding that talks are ongoing and no final decision has been reached.