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Triveni Engineering and Industries has acquired 4,00,000 fully paid-up equity shares of Rs. 10/- each of United Shippers & Dredgers ( USD ), an unlisted company, from Subhadra Trade and Finance, a promoter/promoter group owned company at an aggregate value of Rs. 23 lakh in accordance with Rule 11 UA of the Income Tax Rules, 1962 on 2 March, 2021. With the acquisition of these shares, USD has become a wholly owned subsidiary of this Company. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals s ....
Parker v Fa: Tension building ahead of Saturday s show-down 25 Feb, 2021 02:12 AM 3 minutes to read Heavyweight boxers Junior Fa and Joseph Parker face off at a press conference ahead of Saturday s fight. Photo / Photosport Excitement is building as boxing rivals Joseph Parker and Junior Fa prepare to step into the ring for what has been billed as one of the biggest events in New Zealand boxing history. Fight night is this Saturday at Auckland s Spark Arena with tickets selling fast for the much-anticipated event. Promoter David Higgins said about 80 per cent of the tickets have been sold. So far more than 8000 people are expected to attend the event with corporates snapping up about 95 tables to treat staff and host clients. ....
At meeting held on 23 February 2021The Board of Vipul Organics at its meeting held on 23 February 2021 has allotted the 7,00,000 Warrants convertible into equal number of Equity Shares of Rs. 10/- each of the Company at an issue price of Rs. 111/- per warrant (including premium of Rs. 101/- per warrant) on preferential basis to the promoter and promoter group upon receipt of 25% of issue price from the allottees in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The above warrants entitle the allottees to apply for and be allotted equal number of equity shares for each warrant held by them on payment of balance 75% of the issue price within 18 months from ....
The shareholding of Ravindra Sannareddy, the promoter of Hyderabad-based IT company Megasoft, has been reclassified under the public category after his stake reduced significantly following the merger ....
Ravindra Sannareddy’s share holdings in Megasoft reclassified under public category February 22, 2021 × Based on submissions made by the Megasoft company, both NSE and BSE have accorded approval dated February 18, 2021, for reclassification of holdings of Ravindra Sannareddy and his family from ‘Promoter & Promoter Group Category’ to Public Category in the Company. Considering the request of Ravindra Sannareddy, who promoted Megasoft in June 1999 and has been instrumental in the growth of the company, to opt out of Promoter category, the Board , through a letter dated October 21, 2020 informed the bourses for reclassification of holdings of Ravindra Sannareddy and his family from ‘Promoter & Promoter Group Category’ to Public Category in the Company, under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ....