Shareholders News

The government campaign encourages companies to proactively reach out to their shareholders, helping them recover unclaimed dividends and resume the regular receipt of dividends by updating essential records. 

SEBI confirmed that no such subsidiaries exist under McCain, UPL, or Tata Consumer Products Limited. 

The board of Indian Railway Catering and Tourism Corporation (IRCTC) approved a second interim dividend of Rs 3 per share along with its financial results for the third quarter of the financial year 2024-25 (FY25) on Tuesday. 

Global cues and developments at the crisis-hit Infosys will dictate market sentiment in a holiday-shortened week ahead, say experts.

State-run Bharat Heavy Electricals Limited (BHEL) on Thursday reported a 3.9 percent rise in its net profit to Rs 80.82 crore in the quarter ended June 30, 2017, as compared to Rs 77.77 crore in the corresponding period last year.

Telecom operator Reliance Communications, which is reeling under debt of about Rs 45,000 crore, plans to issue shares to lenders for the debt that it has raised from them, as per a regulatory filing of the company.

The board will also decide on a date for extraordinary general meeting for obtaining shareholders' approval for the fund raising plan, it added.

Reliance Industries Ltd on Friday announced one bonus share for every share held - the first such issue after 12 years, and a dividend of Rs 13 a share.

The 40 percent cut comes after the company made a number of changes to its renumeration policy.

Infosys on Monday vehemently defended the hike in its COO UB Pravin Rao's compensation, saying the revision was arrived at after benchmarking against peers.

Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).

Indian mutual funds will be allowed to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), the market regulator said on Saturday, a move aimed at boosting investor interest in such alternative investments.

Muthoot Finance has raised its stake further in subsidiary firm Belstar Investment and Finance Pvt Ltd (BIFPL) to 64.60 per cent.

Several retail shareholders who addressed Tata Motors' EGM convened to remove Nusli Wadia from the board today endorsed the resolution, while a few threatened to sue the Bombay Dyeing patriarch for terming the meetings "stage-managed".

Locking horns with Tata Sons, ousted chairman Cyrus P Mistry and his supporter, independent director Nusli N Wadia, will contest the proposal to remove them from boards of Tata Steel and Tata Chemicals by making written and oral representation to shareholder.

State Bank of India on Saturday said it proposes to raise Rs 5,681 crore by issuance of preferential shares to the central government, its majority shareholder.

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

 Shares of Hindustan Zinc surged up to 14 percent today after the company announced that it will pay highest ever dividend of Rs 10,141 crore, including Rs 3,000 crore to the government, to its shareholders for the 2015-16 fiscal.