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Naspers directors to have significant shares in company after share exchange deal

Naspers directors to have significant shares in company after share exchange deal
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Shree Cement promoters under scanner for acquiring shares at steep discount

Shree Cement promoters under scanner for ‘acquiring shares at steep discount’ April 22, 2021 Promoters cornered shares in related party deal without seeking minority shareholders nod, says InGovern Promoters of Shree Cement have come under the scanner of markets regulator SEBI and stock exchanges after InGovern, a Bengalaru-based watchdog for corporate governance, accused the company promoters of cheating its minority shareholders. InGovern has said that promoters of Shree Cement cornered shares in the company at 97 per cent discount to the market price by acquiring it from an unlisted group company. The BSE has sought explanation from Shree Cement and the company is yet to reply, sources said.

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