GVK's three promoters sell 3-cr shares to another promoter

Last Updated: Monday, June 29, 2015, 21:44

Three promoters of GVK Power & Infrastructure have together sold 2.99 crore shares for nearly Rs 27 crore to another promoter group entity.

InfoEdge promoter transfers 10,000 personal share to employees

Last Updated: Friday, June 19, 2015, 22:11

A promoter of Info Edge, which runs job portal naukri.Com and jeevansathi.Com, has transferred 10,000 personal shares to employees.

Cipla promoter family gets SEBI go-ahead for voting agreement

Last Updated: Tuesday, May 5, 2015, 23:13

In a possible succession planning exercise, pharma giant Cipla's promoter family has proposed to vote together as a single unit under overall direction of patriarch Yusuf Hamied in his lifetime, and under his brother Mustafa Hamied thereafter.

Promoters to infuse Rs 389 cr in Shriram EPC

Last Updated: Saturday, April 11, 2015, 08:56

Debt-laden Shriram EPC said its promoter would infuse about Rs 389 crore into the company, while lenders would be issued shares for restructuring loans worth Rs 313 crore.

Essar-Loop case: CBI to reply on Ravi Ruia's plea to go abroad

Last Updated: Tuesday, April 7, 2015, 19:17

Salve told special CBI judge O P Saini that if Ruia is permitted to travel abroad, the ongoing trial proceedings will not be hampered at all and during that period, even the case was not listed for hearing.

Vertex offloads 14.4% stake in GVK Power to promoter entities

Last Updated: Monday, March 23, 2015, 19:21

GVK Power and Infrastructure Ltd today said Vertex Projects Ltd, part of promoter group, has offloaded 14.44 percent share in the company to other promoter entities.

Ajay Singh now holds over 60% stake in SpiceJet

Last Updated: Wednesday, February 25, 2015, 20:20

According to a regulatory filing made by SpiceJet, Singh holds more than 36.15 crore shares or 60.31 percent stake in the carrier.

CCI clears SpiceJet-Ajay Singh deal; Rs 400 cr infusion next week

Last Updated: Thursday, February 19, 2015, 21:14

With clearance from the Competition Commission of India (CCI), the low-cost carrier's original promoter is closer to taking the management reins and ownership of SpiceJet.

Sebi asks Servotech promoters to make offer to buy more shares

Last Updated: Sunday, January 25, 2015, 10:57

Sebi has directed promoter group entities of Servotech Engineering Industries to make public announcement for acquiring additional shares in the company from shareholders, and pay them 10 percent interest along with the consideration amount for delay in making the offer.

'Wipro Enterprises' offer for minority shareholders is fair'

Last Updated: Sunday, January 11, 2015, 19:47

The board of unlisted WEL has called for an extraordinary general meeting on January 13 to seek shareholders' nod for reducing the company's share capital to Rs 476 crore from Rs 492 crore.

Minimum shareholding norm not for non-controlling entity: Sebi

Last Updated: Wednesday, January 8, 2014, 22:36

A non-promoter entity can't be asked to reduce stake in a listed company if its purchase of shares, without acquiring control of the firm, leads to non-compliance with the minimum public shareholding norms.

SpiceJet allots 1.5 crore shares to promoter Maran

Last Updated: Monday, December 2, 2013, 16:58

Low-cost carrier SpiceJet today alloted 1.5 crore equity shares to its promoter Kalanithi Maran after an equal number of warrants worth Rs 54.27 crore were converted.