Shares of Suzlon Energy fell 3% to Rs 25 in Wednesday s trade on BSE after the Sun Pharma promoter Dilip Shanghvi and Associates decided to terminate the amended and restated shareholders agreement that was signed in February 2020.
With the termination of the agreement, the investor group s nominee director on Suzlon s board, Hiten Timbadia, has also resigned with effect from September 26, Suzlon added
The Board of Directors of Websol Energy System Ltd has considered and approved the issue of upto 1400000 equity shares of face value of Rs. 10/- each on Preferential Basis to the Promoters/ Promoter Group.
The Sukhjit Starch and Chemicals Ltd board approves warrants issue at Rs 300 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The Board of AGC Networks on 02 March 2021 has approved allotment of 16,34,828 equity shares of Rs.10/- each pursuant to conversion of fully paid warrants at a price of Rs. 675 per share having face value of Rs. 10/- each including a Premium of Rs.665/- per share, aggregating to
Rs.1,10,35,08,900, to persons/ entities forming part of the Promoters/Promoter Group of the Company for cash.
Consequently, w. e. f 02 March 2021 the issued, subscribed and Paid-up share capital of the Company stands increased to Rs 31,56,50,070 (Consisting of 3,15,65,007 equity shares of Rs.10/- each).
The
aforementioned shares shall rank pari passu with the existing equity shares of the Company.