Swap Ratio

The board of the two companies approved the merger plan and according to swap ratio, JMC’s shareholders, other than KPTL, will be allotted one share of KPTL against every four shares held by them in JMC.

RIL doubles wealth since March; brokerages see further upside post Future Retail deal

Share of Reliance Industries has more than doubled from the March lows and has risen more than 40 percent so far in the year 2020.

Cairn India shareholders approve merger with Vedanta

In an exchange filing, Cairn India said that in a court-convened meeting, 65.41 percent of shareholders present, representing 92.86 percent in value, voted in favour of the merger.

Indian Hotels in talks to merge Taj GVK with self: Sources

Sources say Indian Hotels, which currently holds 25.5 percent in Taj GVK and Reddy family with about 50 percent stake are in process of negotiating swap ratio for the merger.

AB Nuvo may see pain; win-win situation for Grasim: Experts

While both the companies will create value for shareholders, it will be lesser than value of its subsidiaries, says independent market expert Rakesh Arora.

Vedanta mulls sweetening Cairn India merger swap ratio

According to the deal proposed by Vedanta, minority shareholders of Cairn India will receive one equity share in Vedanta for each share held, along with one 7.5 percent redeemable preference share with Rs 10 face value.

LIC to decide on Vedanta-Cairn merger on July 11

According to the deal, each Cairn India shareholder would be offered an equity share of Vedanta Ltd apart from a 7.5 percent redeemable preference share of Rs 10 face value.

Vedanta India to merge with Cairn India; swap ratio at 1:1

The deal, in which minority shareholders of Cairn India will receive one equity share in Vedanta for each share held, is expected to be completed in the first quarter of calendar year 2016, the group's press release said.

Vedanta, Cairn India discussing merger plan: Sources

In what would a mega restructuring move, coming soon after its recent rejig, the boards of Cairn India and Vedanta may meet this weekend to discuss a possible merger.

ING Vysya EGM: Shareholders still concerned over Kotak deal

ING Vysya management did assure shareholders that post the merger employee interests would be looked into.

Tech Mahindra sees USD 2.4b revenue post Satyam merger

Tech Mahindra and Mahindra Satyam's (Satyam Computer Services) boards approved merger of the two software services exporters and the combined entity will have revenue of USD 2.4 billion, the Mahindra Group company said on Wednesday.