SJS Enterprises Plunge after Ashish Kacholia Offloaded Partial Stake
SJS Enterprises shares plunged up to 4.6% after ace investor Ashish Kacholia offloaded a partial stake in the company in a bulk deal. The small-cap...
Tag : stake sale
Paytm Shares Surge 11% as Founder and CEO Acquires Further Stake, Becomes Majority Shareholder
Paytm Founder and Chief Executive Officer Vijay Shekhar Sharma will acquire an additional 10.3% stake in the company from Antfin (Netherlands) to become the biggest...
$1.38 Billion Stake Sale in Three Adani Companies, Total Raised Capital Rises to $9 Billion
On Sunday, the Gautam Adani-led ports-to-power conglomerate announced that it had raised $1.38 billion or Rs 11,330 crore through stake sales in three group companies,...
Everstone to Sell 41% Stake in Restaurant Brands, Jubilant Foodworks and Others in Talks to Buy
Everstone Capital, a private equity firm, is currently in discussions to sell its approximately 41% stake in Restaurant Brands Asia Ltd, the master franchisee of...
IFC to invest Rs. 240 crore to acquire a 5.6% stake in JK Tyre
Indian tyre manufacturer JK Tyre & Industries has secured Rs 240 crore ($30 million) investment from the International Finance Corporation (IFC) in exchange for a...
10% Stake Sold in Emami for Rs 1,230 Crores
On Monday, FMCG firm Emami said its promoters have sold additional stake proportion to 10 per cent in the company for Rs 1,230 crores. This...
Further 4.22% Stake Sold By HDFC In Gruh Finance
HDFC in a regulatory filing said that the sale of 3.1 crore shares of Gruh was carried out through stock exchanges at the prevailing market...
L&T Takeover Offer ‘Fair & Reasonable’ Says Mindtree Maverick Directors
Independent Mindtree’s directors have said that engineering conglomerate Larsen & Toubro’s offer of Rs 980 for the IT company’s shares ‘appears to be fair and...
Reliance Capital sign deal for sale of mutual fund arm
Reliance Capital (RCap), Anil Ambani group firm has signed a definitive agreement with Nippon Life to sell its stake in Reliance Nippon Life Asset Management...
RCap Seeks To Raise Fund Through Fresh Equity Sale
RHFL has a loan book of more than Rs 17,000 crore while that of RCFL is over Rs 16,000 crore, therefore, the company will seek...