Reliance Completes Acquisition of Sintex Industries
Mukesh Ambani-led Reliance Industries (RIL) has completed the acquisition of Sintex Industries (SIL) and injected Rs 1,500 crore into the yarn and fabric maker under...
Tag : National Company Law Tribunal (NCLT)
Sundaram-Clayton Trades Ex-Date for Scheme of Arrangement, Shares Fall 19%
Shares of Sundaram-Clayton (SCL) fell 19% to Rs 3,884.60 on the BSE in intraday trade on Friday as the stock turned ex-date for the scheme...
Tega Industries Shares Jump 8% to 52-Week High
Shares of Tega Industries hit a 52-week high of Rs 709.55, surging 8% on the BSE in intraday trade on Thursday on strong growth prospects....
NCLT Approves Propel Plastic Products-Plastauto Bid for Sintex-BAPL
On Friday, the National Company Law Tribunal (NCLT) approved the bid for debt-laden Sintex-BAPL by a consortium comprising Propel Plastic Products Pvt Ltd and Plastauto...
HDFC-HDFC Bank Merger Approved, Board Considering Raising Funds Through NCDs
India’s largest mortgage lender, Housing Development Finance Corp (HDFC), plans to raise funds through non-convertible debentures (NCDs) to meet its capital requirements post-merger with HDFC...
Future Retail Share Soars 4% After Kishore Biyani Withdraws Resignation
On March 16, Future Retail shares traded 4% higher after the Company’s Director and Executive Chairman, Kishore Biyani, withdrew his resignation, presented on January 23....
Zee Settles with IPRS, Insolvency Petition Dropped
Zee Entertainment Enterprises Ltd said it had settled with the Indian Performing Rights Society (IPRS), and the insolvency filing against it will be dropped. IPRS...
Indiabulls Real Estate Shares Plunge 7% After MD Mehul Johnson Resigns
Shares of Indiabulls Real Estate fell 7% to Rs 56.70 in intraday trade on the BSE on Tuesday after the company announced the resignation of...
Zee Entertainment Shares Rise 6% as NSE Puts Stock Back in F&O Segment
Shares of Zee Entertainment Enterprises (ZEEL) surged 6% to Rs 194.80 in intraday trade on the National Stock Exchange (NSE) on Tuesday after the exchange...
Zee Entertainment Shares Plunge 14% as NCLT Admits Company for Insolvency Resolution
Shares of Zee Entertainment Enterprises (ZEEL) fell 14% in early trade on Thursday to hit a new 52-week low of Rs 176.60 per share after...