Sep 21, 2021 11:41 AM IST
Besides, the shareholders have cleared the proposal to raise up to Rs 2,500 crore through the Qualified institutional placement (QIP) route.
- Sep 15, 2021 04:55 PM IST
Shareholders are increasingly vocal and active, and this is a result of legal reforms in corporate governance and higher institutional shareholding. But it shouldn’t be forgotten that companies are run for shareholder value, and corporate governance is a means, not the end
- Sep 15, 2021 08:36 AM IST
The cases are getting more high profile, but there is a lot of distance still to be covered
- Jul 14, 2021 11:14 AM IST
The proposed resolution enables the board of directors to issue securities for an aggregate amount not exceeding Rs 5,000 crore or its equivalent in any foreign currency, the notice for the AGM said.
- Jul 07, 2021 11:36 AM IST
The funds raised would be utilised for long-term resources, for general corporate purposes and to fund future growth, the company said in a regulatory filing.
- Jun 27, 2021 07:44 AM IST
The remote e-voting on the proposal commenced on May 27 and ended on June 25. Shareholders of the company have cleared the proposal, it said in a regulatory filing on Saturday.
- Apr 19, 2021 09:40 AM IST
The Amazon chief’s letter reflects on what has contributed to the success and value created by the company for its stakeholders
- Dec 02, 2020 01:12 PM IST
Corporate India’s adoption of virtual AGMs amidst the COVID-19 lockdowns has been remarkable. Given the experience of the 2020 AGM season, regulators must consider making hybrid meetings a permanent part of the AGM process
- Jun 24, 2020 07:20 AM IST
The board of Adani Power had approved the proposal to delist company shares from stock exchanges on Monday.
- Mar 14, 2020 06:43 PM IST
The Yes Bank reconstruction scheme notified on March 13, prescribes a three-year lock-in for all investors, including retail investors, to the extent of 75 percent of their holdings
- Feb 14, 2020 11:27 AM IST
Shareholders have also approved the resolution to "increase investment limits by the Foreign Portfolio Investors (FPIs) from 24 percent to 40 percent of the paid-up equity share capital of the company", the filing said.
- Feb 05, 2020 08:45 AM IST
The deal comes after a long wooing campaign by LVMH, already the world's top luxury firm overall, for one of the world's most famous jewellery houses, known for wedding rings and diamonds.
- Jan 09, 2020 02:07 PM IST
During the extraordinary general meeting of Mahanagar Telephone Nigam Ltd (MTNL) which was held on Wednesday, 99.89 votes were cast in favour of the issuance of "guaranteed, unsecured, listed, redeemable non-convertible debentures in the nature of bonds (NCDs), in one or more series/tranches, aggregating up to Rs 6,500 crore on private placement basis," MTNL said in a filing to BSE.
- Jan 03, 2020 02:16 PM IST
The meeting is being convened following request by co-promoter Rakesh Gangwal and related entities who together hold 36.64 percent stake in the company, the parent of the country's largest airline IndiGo.
- Nov 19, 2019 12:47 PM IST
This change in corporate structure would bring market regulations on par with global practices and ensure that, while the shareholders have power, they do not overshadow the board
- Nov 01, 2019 09:10 AM IST
The cardinal reality is that independent directors in India are not truly independent. More than a test of the job knowledge, boards should have independent directors who are socially responsible.
- Oct 30, 2019 12:59 PM IST
In a notice for an extraordinary general meeting to be held on November 25 in Mumbai, the company said it required additional funding for various purposes, including general corporate purposes, in view of its future outlook, growth targets and prospects.
- Apr 26, 2019 04:05 PM IST
Making inspection reports public will keep both lenders and the firms that borrow from them on their toes and will go a long way in cleaning up governance and perhaps, even preventing bad loans from piling up.
- Feb 06, 2019 03:45 PM IST
Anupa Kujur is in conversation with Moneycontrol's Uttaresh Venkateshwaran to discuss everything you need to know about the issue.
- Nov 30, 2018 02:57 PM IST
The bank's board on January 13, 2018 had approved a composite scheme of amalgamation of Capital First, Capital First Home Finance and Capital First Securities (collectively referred as amalgamating companies) with IDFC Bank (amalgamated company).
- Oct 12, 2018 05:16 PM IST
"To increase the authorised share capital of the company from Rs 800 crore to Rs 10,000 crore, a total of 99.9421 percent shareholders voted in favour of the resolution...the following resolution was passed as a special resolution," MTNL said in a regulatory filing.
- Apr 05, 2018 09:48 PM IST
"In pursuance of the order dated March 26, 2018 passed by the Mumbai Bench of the National Company Law Tribunal in the company scheme application...a meeting of the equity shareholders of the company will be held on Thursday, May 10, 2018," Tata Communications said in a BSE filing.
- Nov 09, 2017 12:22 PM IST
In India, there exist instances of manipulation in valuation pricing, taking advantage of the current scope of the rules especially in case of Income Tax Valuation (Section 56), Listed Company Merger Valuation and transactions related to Exist & Delisting.
- Sep 22, 2017 07:32 AM IST
As per norms, at least 25 per cent of the post-scheme paid up share capital of the transferee entity should have been allotted to the public shareholders in the transferor entity.
- Aug 21, 2017 03:03 PM IST
The special resolution is listed on the agenda of the annual general meeting scheduled for September 20, NTPC said in a BSE filing today.