Mon, Apr 29, 2024 3:32 PM
Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving
A Flip by Avya Verma
Some members of the Hamied family that founded Cipla are set to offload shares via block deals, said people aware of the matter, eight months after promoter-stake-sale talks with Torrent Pharma collapsed. A stake of up to 2.53% will be sold for an estimated Rs 2,637 crore by MK Hamied’s wife Shirin and their daughters Samina and Rumana along with Okasa Pharma, another promoter group entity.
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Sixteen domestic mutual funds, which held shares of ICICI Securities, voted in favour of parent ICICI Bank's proposal to delist the broking arm, according to data compiled by primeinfobase.com. Seven fund houses opposed the plan in the voting process held on March 27, the data showed.The terms of the proposal were controversial with a section of the shareholders opposing it.
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Aadhar Housing Finance IPO: The listing date of the initial public offering (IPO) of Aadhar Housing Finance Limited has been fixed on May 15 2024, i.e. today. As per the information available on the BSE website, effective from Wednesday, May 15, 2024, the equity shares of Aadhar Housing Finance Limited shall be listed and admitted to dealings on BSE and NSE in the list of the 'B' group of stocks.
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