Page 10 - Shareholders

Heathrow to resume paying small dividend to shareholders from 2022

Heathrow said it would not pay dividends this year or next in return for leniency from its shareholders in a submission to the Civil Aviation Authority

Sebi to relax norms for promoters to reclassify as ordinary shareholders

Maximum promoter holding to be eligible for reclassification to be raised from 10% to 15%; waiting time to be brought down to one month from three

TCS shareholders approve up to Rs 16,000-crore share buyback plan

The voting, which started on October 20 and ended on November 18, saw 99.57 per cent of the votes being cast in favour of the buyback offer

Merger of insurers: Irdai releases draft norms on shareholder compensation

Says those whose rights against the acquiring insurer have been reduced, must be paid compensation based on the residual value of assets

Vedanta's failed delisting triggers debate on FDI tag, limited disclosure

Officials said the assumption that Vedanta's delisting would have been successful at a price of Rs 140 was "completely misplaced

Anil Agarwal's mega bid to take Vedanta private runs into rough weather

In the event, Vedanta RBB fails to get bids for at least 1.34 billion shares--- the minimum required for the promoters to acquire 90 per cent shareholding-the delisting bid would fail

Vedanta shares tank on delisting uncertainty; shareholders told to bid up

Promoter group wants an exit price of less than Rs 170 per share, but large institutional shareholders are keen on getting more

Sterling & Wilson Solar shareholders approve reappointment of Pallon Mistry

Resolution pertaining to material related-party transactions also approved

VIL gets shareholders' nod to raise borrowing limit, issuance of securities

Shareholders of the company, which was earlier listed as Idea Cellular, had approved a borrowing limit of Rs 25,000 crore at its AGM in September 2014

RBI sounds out PNB on acquisition of beleaguered Lakshmi Vilas Bank

Beleaguered bank is currently in merger talks with Clix Capital

Best of BS Opinion: India at UN high table, shareholders in action & more

Business Standard opinion pieces for the day, among other things, talk about the issues related to Lakshmi Vilas Bank

Shareholders in action

Problems at Lakshmi Vilas Bank should be settled swiftly

Virtual AGMs see lower shareholder representation amid Covid-19 pandemic

TCS and M&M were outliers, recording a two-fold rise in representation

Baring to take Hexaware private, accepts exit price of Rs 475 per share

The private equity major may have to spend as much as Rs 5,400 crore to buy out the entire 37.9 per cent stake from public shareholders

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

Shareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing

Virtual shareholder meetings are here to stay

Virtual meetings have no doubt preserved the form of AGM's but have also provided us with a window to rethink their substance

Sebi steps up oversight of MII boards, seeking to protect shareholders

Regulator takes a close look at appointments after shareholder directors of NSE, BSE quit

NTPC to seek shareholders' nod to raise up to Rs 15,000 crore via bonds

The funds are proposed to be raised on private placement basis in one or more tranches not exceeding 30; AGM is scheduled for September 24

Small shareholders in Samsung Electronics nearly triple this year

The number of small shareholders in global tech giant Samsung Electronics nearly tripled this year amid massive stock investment by local retail investors, data showed on Tuesday

Vedanta raises $1.4 bn via bonds to fund delisting of Indian flagship firm

Bond issuance follows commitments for $1.75 billion that VRL had received earlier for a three-month term loan facility, taking the total amount of debt to $3.15 billion across global debt mark