Franklin Templeton MF announced shutting its six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market.
June 28, 2021Under the current Delisting Regulations, the price discovery is set by the public shareholders and the acquirer is given the right to reject the price and also make a counter-offer.
June 26, 2021Public holders of securities who vote against a qualifying acquisition that is completed might be allowed to redeem their securities for their pro-rata portion of the escrow funds.
June 24, 2021The development comes a day after the Competition Commission of India (CCI) approved the additional equity stake acquisition in United Breweries by Heineken International.
June 23, 2021The capital market regulator has asked PNB Housing to undertake the valuation of shares from an independent valuer before moving ahead with the issue.
June 21, 2021Post the transaction, Puri was expected to be nominated to the PNB Housing Finance Board as a Carlyle nominee Director in due course.
June 20, 2021Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up six debt schemes in 2020.
June 10, 2021In a separate statement, Vivek Kudva said that he is reviewing the Sebi's order and considering appropriate next steps which may include filing an appeal before the SAT.
June 8, 2021In traded volume terms, 19.07 lakh shares were traded at the BSE and over 92.72 lakh units at the NSE during the day.
June 2, 2021The AT-1 bonds, issued in 2016 and 2017, were written down as part of reviving the cash-strapped bank last year.
May 24, 2021They have been asked to pay Rs 15 lakh each.
May 22, 2021Bengaluru-based Medi Assist is a health tech and insurance company focused on administering health benefits across employers, retail members and public health schemes.
May 11, 2021The capital market regulator said that the submission of reports certifications to stock exchanges can now be done by July 15.
May 4, 2021Proceeds from the fresh issue would be used towards funding organic and inorganic growth initiatives; and general corporate purposes.
April 28, 2021Aditya Birla Capital has approved sale of up to 28,50,880 equity shares of face value of Rs 5 each held in ABSLAMC out of the total paid-up share capital of 28,80,00,000 equity shares of Aditya Birla Sun Life AMC, the company added.
April 20, 2021Both the brokerages have been directed to pay the penalty within 45 days of receipt of the order.
April 17, 2021As many as 277 customers had existing Fixed Deposits with Yes Bank and they prematurely closed them and reinvested an amount to the extent of Rs 80 crores in these AT1 bonds which were subsequently written down.
April 13, 2021