Page 6 - Shareholders
PNB Hsg Fin to seek shareholders' nod in July to raise Rs 12k cr in debt
PNB Housing Finance on Thursday said it will seek shareholders' approval next month to raise Rs 12,000 crore in debt capital. The housing finance company promoted by the city-headquartered state-owned lender Punjab National Bank (PNB) is scheduled to convene its annual general meeting (AGM) next month on July 26. "Shareholders' approval is being sought in the 34th AGM to borrow funds and issue of non-convertible debentures (NCDs) on a private placement basis aggregating to Rs 12,000 crore in one or more tranches," PNB Housing Finance said in a regulatory filing. Shares of the company traded 0.33 per cent up at Rs 333.20 apiece on BSE.
 "PNB Hsg Fin to seek shareholders' nod in July to raise Rs 12k cr in debt")
We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran
Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World
 "We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran")
SoftBank's Masayoshi Son to face shareholders shaken by $34 bn loss
Shareholders looking for signs of recovery see a portfolio awash with red instead
 "SoftBank's Masayoshi Son to face shareholders shaken by $34 bn loss")
Burmans to pay out shareholders, induct directors on Eveready board by July
On Thursday, the open offer in Eveready by Burman entities closed with the Burmans acquiring 14.3% shares. The total holding of the in the company now stands at 38.3%
 "Burmans to pay out shareholders, induct directors on Eveready board by July")
Yes Bank seeks shareholders' nod for raising up to Rs 10k cr debt capital
Also, the bank will seek shareholders' approval for amendments to the Employees Stock Option Scheme (YBL Employee Stock Option Scheme 2020).
 "Yes Bank seeks shareholders' nod for raising up to Rs 10k cr debt capital")
Sebi exempts govt from making open offer to Vodafone Idea shareholders
In a nine-page order, Sebi said the acquisition of shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.
 "Sebi exempts govt from making open offer to Vodafone Idea shareholders")
Twitter's account of deal shows Musk signing without asking for more info
The account, published in Twitter's proxy statement that outlines what shareholders need to know to vote on the deal, paints a picture of Musk in a rush to clinch a deal
 "Twitter's account of deal shows Musk signing without asking for more info")
JPMorgan shareholders reject special $52-mn payout to CEO Jamie Dimon
Only 31% of investors backed the bank's executive remuneration plan
 "JPMorgan shareholders reject special $52-mn payout to CEO Jamie Dimon")
What is a 'poison pill' strategy & why has Twitter adopted one?
Twitter is trying to fend off a hostile takeover bid by one of its shareholders and world's richest man, Elon Musk. And for this, it has invoked an old strategy called poison pill. What is it?
 "What is a 'poison pill' strategy & why has Twitter adopted one?")
Amazon faces shareholder vote on treatment of warehouse workers
By Simon Jessop and Ross Kerber
 "Amazon faces shareholder vote on treatment of warehouse workers")
Paytm parent's related party transactions with Paytm Payments Bank approved
While 72% of all votes polled were favoured the resolution, almost 67% votes on account of public institutional investors were against
 "Paytm parent's related party transactions with Paytm Payments Bank approved")
No fresh nod needed for approved related party transactions, clarifies Sebi
Regulator, however, refuses to accept India Inc's demand of deferring implementation of new norms
 "No fresh nod needed for approved related party transactions, clarifies Sebi")
Suzlon Energy awaits shareholder approval for a third bailout package
The new lenders are bailing out the company by infusing additional funds and converting their loans worth Rs 4,100 crore into equity
 "Suzlon Energy awaits shareholder approval for a third bailout package")
Dish TV shareholders vote against annual accounts, director appointment
77.63% of votes cast against adoption of annual audited financial statements
 "Dish TV shareholders vote against annual accounts, director appointment")
Future Enterprises to hold meetings with shareholders, creditors in April
Move follows NCLT nod to Future Group firms to seek approval of scheme that allows Future Group to sell its retail, logistics and warehousing businesses to RIL
 "Future Enterprises to hold meetings with shareholders, creditors in April")
Sebi gives Dish TV 24 hrs to reveal AGM results, directors get show-cause
Dish TV India, in which promoter entities have only 6% stake, did not disclose the AGM results citing a pending case in Bombay HC
 "Sebi gives Dish TV 24 hrs to reveal AGM results, directors get show-cause")
LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok
If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar
 "LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok")
Large NSE shareholders sell stake amid IPO delay, total holding down by 10%
Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings
 "Large NSE shareholders sell stake amid IPO delay, total holding down by 10%")
Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore
The move is to ensure a much larger shareholder base ahead of IPO
 "Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore")
DB Realty seeks shareholders nod to raise up to Rs 563 cr via warrants
The company informed that an extraordinary general meeting (EGM) has been called on February 2 to consider this proposal
 "DB Realty seeks shareholders nod to raise up to Rs 563 cr via warrants")
