1 год тому
Muthoot Microfin case: Sebi exempts six family trusts from open offer obligation
Sebi has exempted six Muthoot family trusts from an open offer requirement. This exemption pertains to the indirect acquisition of shares in Muthoot Microfin. The restructuring involves multiple share transfers among family trusts and spouses. Muthoot Fincorp's board approved an IPO, necessitating transaction structure changes. The exemption is valid for one year and subject to reporting conditions.
1 год тому
1 год тому
Central Bank of India shareholders approve ₹7,000 crore equity raise
Shareholders of Central Bank of India approved a special resolution to raise up to ₹7,000 crore through QIP, FPO, or rights issues at its 19th AGM held on July 31, 2026. The resolution secured 99.26% assent. Other key outcomes included the adoption of audited financial statements for FY25-26, confirmation of a ₹1.20 per share interim dividend, and the appointment of Kalyan Kumar as MD & CEO and E. Ratan Kumar as Executive Director. Rajesh Ranjan was elected as Shareholder Director.
1 год тому
1 год тому
Persistent Systems shareholders approve Nagarro SE acquisition
Persistent Systems Limited shareholders approved the acquisition of Nagarro SE via its subsidiary Galaxy Germany Holding SE at its 36th AGM on August 3, 2026. The meeting also saw the reappointment of four independent directors, including Avani Davda and Arvind Goel, and the adoption of FY26 financials with a ₹40 per share dividend. Corporate guarantees and security creations for the acquisition were also ratified.
1 год тому