share capital

TML Securities Trust sells 1.14 crore new ordinary shares of Tata Motors under DVR scheme

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TML Securities Trust sells 1.14 crore new ordinary shares of Tata Motors under DVR scheme

Tata Motors on Tuesday said TML Securities Trust, has sold 1.14 crore new ordinary shares (NOS) on the exchanges today for distribution of fractional share entitlement as well as towards tax liabilities. Earlier, the auto major received clearance from the National Company Law Tribunal (NCLT) for its scheme of arrangement which involves reducing share capital … Read more

Oyo to use fresh funds for ‘enhanced business plan’ and global push

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Oyo to use fresh funds for ‘enhanced business plan’ and global push

Hospitality chain Oyo has cited “enhanced business plan” and support for global expansion among objectives of its latest fundraising, regulatory documents show. On Thursday, ET reported that Oyo received shareholder approval for raising ₹416.85 crore through preference shares at an extraordinary general meeting (EGM) held on June 18. The shareholders also approved Oyo’s plan to … Read more