Shares of The Phoenix Mills Ltd are trading ex-date today, making shareholders registered in the company’s books eligible for a final dividend of ₹2.50 per equity share of face value ₹2 each for the financial year ended March 31, 2025. The dividend is subject to approval at the…
Senores Pharmaceuticals Limited has successfully completed its acquisition of 8,454 equity shares in Havix Group Inc. (Aavis Pharmaceuticals), finalizing a transaction that began in March 2025. Acquisition Details The acquisition was executed in two phases: Direct Acquisition: 7,914 shares were acquired directly by Senores Pharmaceuticals. Subsidiary Acquisition: The…
The Securities and Exchange Board of India (SEBI) has cleared a set of important regulatory reforms for the mutual fund industry, aimed at enhancing investor protection, encouraging wider participation, and deepening financial inclusion. The decisions were taken at the regulator’s latest board meeting held on Friday. Key Decisions…
New Delhi, September 15, 2025: In its 211th board meeting, the Securities and Exchange Board of India (SEBI), chaired by Tuhin Kanta Pandey, unveiled a comprehensive set of reforms aimed at modernizing India’s financial markets, enhancing transparency, and attracting global investment. 10 Key Highlights from SEBI’s Latest Board…
MSTC Limited has secured a contract from a domestic authority to develop a digital platform for trading Extended Producer Responsibility (EPR) certificates, reinforcing its position in India’s environmental compliance and digital infrastructure space. Project Scope Under the terms of the contract, MSTC will be responsible for designing, developing,…
Religare Enterprises Limited (REL) has successfully raised up to ₹1,499.99 crore through a preferential allotment of 6.38 crore convertible warrants at ₹235 per warrant. The allotment was made to 11 investors, comprising both promoter and non-promoter entities. Warrant Conversion Details Each warrant is convertible into one equity share…
Kolkata, September 12: Himadri Speciality Chemical Ltd has strengthened its strategic investment in Sicona Battery Technologies Pty Ltd by subscribing to 15 lakh Compulsorily Convertible Notes (CCNs), amounting to AUD 15 lakh (1.5 million). This forms part of a broader AUD 1.5 crore (15 crore INR) investment plan…
Gujarat State Petronet Limited (GSPL) has announced a virtual meeting of its equity shareholders on October 17, 2025. The meeting will consider and approve a Composite Scheme of Amalgamation and Arrangement, marking a significant step in the company’s potential corporate restructuring. Meeting Details The meeting will be conducted…
Godfrey Phillips India Ltd. has announced a 2:1 bonus issue of equity shares, under which shareholders will receive two fully paid-up shares of ₹2 each for every one share held. The bonus shares will be issued by capitalising the company’s general reserves and/or retained earnings. Record Date The…
Canara Robeco Asset Management Company (AMC), a subsidiary of Canara Bank, has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). IPO Details The IPO will be structured entirely as an Offer-for-Sale (OFS) of 4.98 crore equity shares,…