Business

Sebi plans predominant changes to part buyback ideas

Mumbai: The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to share buyback rules.The regulator had set up a sub-group under the chairmanship of Keki Mistry, vice chairman of HDFC, to propose changes to the process of buybacks from the open market – through the book-building process and stock exchanges – to…

Published

2 years ago

November 18, 2022

Shrishti

Sebi plans predominant changes to part buyback ideas

Mumbai: The Securities and Replace Board of India (Sebi) has proposed sweeping changes to part buyback ideas.The regulator had arrange a sub-neighborhood under the chairmanship of Keki Mistry, vice chairman of HDFC, to imply changes to the design of buybacks from the originate market – by way of the book-building process and inventory exchanges – to originate it extra atmosphere friendly and shareholder-friendly.The committee has suggested introduction of a waft route for bargain in the utmost limit and timeframe for completion of a buyback offer.At most up-to-date…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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