The Bonus equity shares will be issued out of free reserves, retained earnings and securities premium account, available as at September 30, 2021.
Titan Company Ltd has lost 3.98% over last one month compared to 6.56% fall in S&P BSE Consumer Durables index and 1.92% drop in the SENSEX
The total revenues from operations of the company increased 6% yoy at Rs5,479cr in Q3FY22.
On BSE, the MidCap index dived nearly 1.75%, while indices like Sensex 50 and Sensex Next 50 shed by 1.5% each.
The company’s stake increases post-conversion of 15 lakh warrants into fully paid equity shares of Rs10 per share of FPT in the ratio of 1:1.
The Board would also consider convening Extra-ordinary General Meeting of its shareholders for seeking their approval.
The US stocks moved mostly lower after erasing early gains on Wednesday, 26 January 2022, weighing the Dow and the S&P500 indexes lower, while the Nasdaq managed to settle above unchanged line. The late hour selloff on Wall Street came in reaction to the Federal Reserves highly anticipated monetary policy announcement signalling an interest rate hike could be coming soon, citing elevated inflation and a […]
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