India’s oldest exchange BSE Limited on Monday strengthened the eligibility norm for listed SME companies for migration to mainboard category by enhancing the requirement of operating profitability to Rs 15 crores for last 3 financial years with minimum operating profit of Rs 10 crores in each of these financial years. It has also raised minimum … Read more
MUMBAI: About 74 crore shares of Vedanta have been tendered by the public shareholders in the buyback offer made by Anil Agarwal’s Vedanta group to delist the company. A total of 134 crore shares out of 169.73 crore shares held by public shareholders need to be tendered for the delisting to succeed. As on Thursday, … Read more
NEW DELHI: Shares of Allcargo Logistics hit 20 per cent upper circuit limit in Tuesday’s trade after the company said its board will meet on Thursday to consider a proposal for voluntary delisting of the company. In a note to BSE, the company said it received a letter from Shashi Kiran Shetty and Talentos Entertainment, … Read more