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Reliance Industries approves 1:1 bonus shares for shareholders

Business | Sep 05, 2024, 10:28 PM IST

Reliance Industries Limited (RIL) has approved a 1:1 bonus share issue, its first in seven years. Shareholders will receive one bonus share for each share held, with the record date to be announced separately.

Smallcap stock mulls up to 165% dividend payout to shareholders

Business | Apr 02, 2024, 07:10 AM IST

In an announcement to the Bombay Stock Exchange (BSE), the company revealed plans for its maiden dividend payment. The board is scheduled to convene on April 8 to deliberate on the proposal, which could see dividends ranging from 100% to 165% distributed to shareholders.

Multibagger IT stock hits fresh high on BSE after acquisition announcement

Business | Dec 19, 2023, 06:54 AM IST

The Board's approval for a preferential issue of 2,96,296 equity shares at Rs 135 per share reflects the company's commitment to strategic growth. However, the acquisition is contingent upon shareholder approval.

Multibagger SME IPO plans dividend, bonus and share buyback program

Business | Oct 17, 2023, 07:45 AM IST

According to a PTI report, the paper industry's total volume in the current financial year is expected to rise 5-7 per cent, similar to the last fiscal. The operating margin will likely remain healthy at 18 to 19 per cent.

Small-cap IT stock with multibagger returns since IPO listing extends rally after fresh acquisitions

Business | Sep 04, 2023, 11:18 PM IST

NSE Emerge is an initiative by the National Stock Exchange for small and medium-sized enterprises and startup companies in the country.

What is preferential issue & rights issue in stock market? Micro cap IT stock to raise over Rs 100cr

Business | Aug 17, 2023, 06:47 AM IST

In a preferential issue of shares, the participating company makes bulk allotment of fresh shares to its investors. The entire process is termed as the preferential allotment of shares.

Charging up India's EV ecosystem: EV charger maker Servotech sets up subsidiary for batteries

Business | Jul 28, 2023, 08:13 AM IST

A leading EV charger maker, Servotech Power Systems will hold 99.99 per cent stake in the newly incorporated subsidiary.

KPMG India Pvt Ltd and Link Legal are acting as the

IDBI Bank privatisation: Govt, LIC to sell 60.72% stake, invite bids

Business | Oct 07, 2022, 09:13 PM IST

Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake.

Coal India dividend 2021: Board likely to announce 20-25% additional dividend for shareholders

Business | Jun 13, 2021, 02:07 PM IST

Coal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting on June 14

Bank of India to raise Rs 8,000 crore, gets shareholders' nod

Business | Sep 20, 2020, 12:27 PM IST

Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares.

Tata Power gets shareholders' nod to raise Rs 2,600 cr from Tata Sons

Business | Jul 30, 2020, 11:47 PM IST

Tata Power on Thursday said it has received shareholders' approval to raise Rs 2,600 crore via issuance of preferential shares to its promoter Tata Sons.

Tata Steel to seek shareholders' nod to reappoint T V Narendran as CEO & MD

Business | Jun 23, 2019, 05:44 PM IST

Tata Steel is seeking the consent of shareholders for reappointment of Narendran as CEO and MD for a period of five years with effect from September 19, 2018, not liable to retire by rotation, it said.

IDBI Bank approves issuance preference shares to LIC

Business | Aug 31, 2018, 05:43 PM IST

The board of directors have approved the proposal for seeking shareholders' approval through postal ballot for the preferential issue of equity capital to Life Insurance Corporation of India (LIC) aggregating up to 14.90 per cent of the bank's post issue paid up capital, IDBI Bank said in a filing to stock exchanges.

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