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LIGHTHOUSE CAPITAL LIMITED – Proposed redomicile of Lighthouse to Malta, listing on Malta Stock Exchange and voluntary withdrawal from SEM - SENS

LIGHTHOUSE CAPITAL LIMITED – Proposed redomicile of Lighthouse to Malta, listing on Malta Stock Exchange and voluntary withdrawal from SEM - SENS
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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Thomas Cook India receives SEBI approval for withdrawal of Buy-back offer

Thomas Cook India receives SEBI approval for withdrawal of Buy-back offer ....

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Buy-back offer: Sebi allows Thomas Cook India to withdraw


Buy-back offer: Sebi allows Thomas Cook India to withdraw
Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company s financial position due to the COVID-19 pandemic.
The regulator treated the case as unique and said that the order is not intended to serve as a precedent.
In February 2020, the board of directors of the firm had approved the proposal for a buyback of up to over 2.6 crore shares, representing 6.9 per cent of the total paid-up equity share capital as on December 31, 2019, on a proportionate basis through the tender offer process. ....

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