Happiest Minds stated in a news statement that in addition, a deferred consideration of up to ₹144 Crores will be payable at the end of FY25.
Read MoreHappiest Minds stated in a news statement that in addition, a deferred consideration of up to ₹144 Crores will be payable at the end of FY25.
Public shareholders supported the delisting with a 72% majority, while 67% of retail investors opposed it.
In a press release, the company stated that the merger would establish a cohesive and sizable entity, endowed with enhanced financial strength and flexibility, providing direct access to capital. This strategic move is expected to empower the company to optimize the utilization and allocation of capital, thereby maximizing its potential to capitalize on opportunities.
According to a Moneycontrol story from April 17, Sheares Healthcare wants to increase its ownership of Medica to 90% by giving Chairman and important Founder Dr. Alok Roy and associated companies a way out. The deal eventually came to pass.
The purchase would provide AU with a presence in southern India.
All Tata Motors stakeholders will retain the same exact stake in both listed companies.
By the closing bell, the Sensex surged by 486.50 points, or 0.66%, to settle at 74,339.44.
Market activity displayed 1,747 advancing shares, 1,400 declining shares, and 101 unchanged shares.
Both Brent and U.S. West Texas Intermediate crude futures saw a decrease of 9 cents, or 0.1%, to $86.95 and $82.74 a barrel
Spot gold was trading in a $4 range, unchanged at $2,317.03 per ounce. The ounce of U.S. gold futures was down 0.4% at $2,329.00.
By the closing bell, the Sensex surged by 486.50 points, or 0.66%, to settle at 74,339.44.
Market activity displayed 1,747 advancing shares, 1,400 declining shares, and 101 unchanged shares.
Both Brent and U.S. West Texas Intermediate crude futures saw a decrease of 9 cents, or 0.1%, to $86.95 and $82.74 a barrel
Spot gold was trading in a $4 range, unchanged at $2,317.03 per ounce. The ounce of U.S. gold futures was down 0.4% at $2,329.00.
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