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Business News: Dish TV board rejects Yes Bank's request for EGM

Dish TV board rejects Yes Bank’s request for EGM : Rashtra News Dish TV, which had earlier convened an AGM for September 27, cancelled it a day before, after the government provided an extension of two months to all companies for holding the shareholders’ meeting.Dish TV India’s board on Wednesday expressed its inability to convene an

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aster dm gulf business: Aster DM shareholders approve sale of Gulf business

Aster DM Healthcare last week said its board is considering plans to distribute to shareholders about 70-80% of the $903 million it will get by selling its Gulf business, translating into a dividend to its shareholders in the range of Rs 110/- to Rs 120/- per share, days after a proxy advisory firm Institutional Investor Advisory Services India (IiAS) has asked investors to veto the deal.

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Proxy advisory firm IiAS revises voting recommendation on Aster DM to 'for'

In reaction to the recent disclosure by Aster DM Healthcare and its commitment to allot 70-80% of the revenue generated from the sale of its Gulf Cooperation Council (GCC) business to Alpha GCC Holdings for distribution to shareholders, Institutional Investor Advisory Services India (IiAS), a proxy advisory firm, has revised its voting recommendation from "against" to "for."

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Aster DM Healthcare: Proxy advisor against Aster DM Healthcare's gulf deal

Aster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary Affinity Holdings to Alpha GCC. The e-voting, which began on December 24, will end on January 24.

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Will protect interest of Raymond stakeholders: Independent directors

Will protect interest of Raymond stakeholders: Independent directors
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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IiAS urges Raymond's independent directors to probe assault allegations - Industry News

IiAS urges Raymond's independent directors to probe assault allegations - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Proxy advisory firms differ on Anant Ambani's appointment on RIL's board

Proxy advisory firms differ on Anant Ambani's appointment on RIL's board
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Indian Card Clothing: Investors concerned over equity recast at Indian Card Clothing

The company, which makes card clothing and card room accessories for textile carding machines and has a market value of ₹162 crore, announced its issued paid-up capital will be cut from from 5.94 million shares of ₹10 each to 29,705 shares of ₹2,000 each to save 'overhead and administrative costs'. Fractional shares that cannot be combined to form whole shares will be cancelled, and shareholders will receive compensation equivalent to the fair value, it said.

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Shareholders: Shareholders making their voices heard, two AGMs show

3M India proposed a resolution to approve material related-party transactions up to ₹1,153 crore from the 2023 AGM until the 2024 AGM with its parent 3M Company, US, which holds 75% equity in the Indian subsidiary. About 51.59% voted against the resolution, while 48.41% voted in favour.

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dividends: MNC dividends pour post scrapping of distribution tax

In FY23, the dividend earned by foreign promoters and other overseas investors was nearly ₹1.24 lakh crore compared to ₹53,600 crore in FY20 or ₹53,500 crore in FY19.

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