Date: 28 January 2021
#businessstrategy #restructuring #familybusiness #holdingcompany #nclt #tvsgroup #m775 #tutorial #shareholding
https://www.financialexpress.com/industry/tvs-family-kick-starts-rejig-process-to-file-composite-scheme-of-arrangement-at-nclt/2180230/
#businessstrategy #restructuring #familybusiness #holdingcompany #nclt #tvsgroup #m775 #tutorial #shareholding
https://www.financialexpress.com/industry/tvs-family-kick-starts-rejig-process-to-file-composite-scheme-of-arrangement-at-nclt/2180230/
The Financial Express
TVS family kick-starts rejig process, to file composite scheme of arrangement at NCLT
The $8.5-billion, Chennai-based TVS Group had on December 10, 2020, embarked on a restructuring exercise whereby each family group would get complete ownership of the companies they manage and the holding company structure would be abolished.
Date: 17 February 2021
#raisingcapital #banking #promoter #shareholding
https://www.financialexpress.com/industry/banking-finance/indusind-bank-promoter-iihl-raises-money-to-increase-stake-to-convert-shares-at-60-premium/2196576/
#raisingcapital #banking #promoter #shareholding
https://www.financialexpress.com/industry/banking-finance/indusind-bank-promoter-iihl-raises-money-to-increase-stake-to-convert-shares-at-60-premium/2196576/
The Financial Express
IndusInd Bank promoter IIHL raises money to increase stake; to convert shares at 60% premium
This would lead of IIHL shoring up additional equity of 1.7 per cent in IndusInd Bank thereby bringing promoter equity to 15 per cent on diluted basis