News Overview

IDFC announced that the Scheme of Amalgamation of IDFC Alternatives IDFC Trustee Company and IDFC Projects wholly owned subsidiary Companies of IDFC into IDFC and their respective shareholders under Sections 230 to 233 and other applicable provisions of the Companies Act 2013 Scheme has been approved by the Honble NCLT Chennai Bench on 22 November 2022

Castrol India entered into Shareholders Agreement and Share Subscription Agreement with ki Mobility Solutions ki Mobility and its shareholders for acquisition of 709Percentage stake on a fully diluted basis post acquisition in ki Mobility ki Mobility is a part of TVS group one of the large players in the India automotive industry and houses all the recent acquisitions of the TVS group in the India […]

Life Insurance Corporation of India has reduced stake in Siemens from 5170Percentage to 3130Percentage via open market sale at an average cost of Rs 281926 during the period 18 June 2022 to 24 November 2022

One 97 Communications announced that its wholly owned subsidiary Paytm Payments Services PPSL is in receipt of a letter from Reserve Bank of India RBI in response to an application from PPSL for the authorization to provide payment aggregator services PA application for online merchants As per the letter PPSL is required to take the following steps and resubmit the PA application within 120 calendar […]

RHI Magnesita India announced that an Extra Ordinary General Meeting EGM of the Company will be held on 21 December 2022

HDFC Bank has allotted 1324090 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Scheme ESOS The Paid up Share Capital of the Bank will accordingly increase from Rs 5574597646 equity shares of Re1 each to Rs 5575921736 equity shares of Re1 each

India Steel Works announced that the 35th Annual General Meeting AGM of the company will be held on 16 December 2022

ICICI Prudential Life Insurance Company has allotted 4500 equity shares of face value of Rs 10 each on 28 Novembernbsp; 2022 under its employee stock option scheme

The Board of Hinduja Global Solutions at its meeting held on 25 November 2022 has allotted 10689403 equity shares of Rs 10 each fully paid up to the eligible Members Shareholders of NXTDIGITAL NDL whose name appeared in the Register of Members Beneficial Ownership of NDL as on Record date ie 23 November 2022 New equity shares so allotted shall rank pari passu and carry […]

Tembo Global Industries announced that the 12th Annual General Meeting AGM of the company will be held on 20 December 2022