2021-08-26 05:53:01
Fearing conflict, govt agrees to Air India employees' main demands
It has agreed to bear the cost of liquidation loss on account of transfer to EPFO from company-owned trusts, inclusion of employees in the central government health scheme, and encashment of leaves
Kaveri Seed Company
The company approved the buyback of equity shares up to Rs 120 crore at a price up to Rs 850 per share.
Procter & Gamble Hygiene & Health Care The company reported profit at Rs 48.98 crore in Q4FY21 against Rs 69.21 crore in Q4FY20, revenue rose to Rs 786.6 crore from Rs 634.53 crore YoY. The company has recommended a final dividend of Rs 80 per equity share (nominal value of Rs 10 each), for the financial year ended June 30, 2021.
SPENCERS RETAIL
Promoter entities increase stake in the company pursuant to the Rights Issue Undertaken
Allotted additional 74.26 Lakh Shares
Stake increases from 54.70% to 56.51%
BKM Industries
The company has sold 13,83,103 equity shares in BKM Industries via open market transaction, reducing shareholding to 5.29% from 7.4% earlier.
Chemplast Sanmar
SBI Fund Management acquired 53.07 lakh equity shares in the company via open market transaction, increasing shareholding to 8.25% from 4.89% earlier. Mirae Asset Investment Managers (India) bought 29.56 lakh equity shares in the company via open market transaction, raising stake to 6.84% from 4.97% earlier.
Max Healthcare Institute
The company approved an additional investment of Rs 50 crore by way of subscription towards Rights Issue of equity shares of Alps Hospitals.
Olectra Greentech
Promoter entity Trinity Infraventures sold 10.8 lakh equity shares in the company via open market transaction, reducing shareholding to 0.22% from 1.53% earlier.
CCEA approves Rs 15,000 crore FDI in Fairfax India's investment arm
Investment also includes transfer of shares of Bangalore International Airport Limited to Anchorage, and Rs 950 crore in the investment arm of Prem Watsa-owned Fairfax India by Ontario Inc
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