Sebi eases rules for lenders buying stake in distressed companies
Markets regulator Sebi has notified relaxed norms for stake purchase in distressed listed companies by lenders, exempting them from making open offers for shareholders.
Aug 16, 2017, 14:48 PM IST
Open offers by companies up 14% to Rs 9,676 cr in 2016
A total of 57 open offers for shares worth Rs 9,676 crore were made by the companies in the last year, latest data by Sebi showed.
Feb 21, 2017, 16:42 PM IST
73 firms made open offers worth Rs 12,000 cr in FY'16
As many as 73 listed companies made open offers worth nearly Rs 12,000 crore last fiscal ended March 31, a slump of 32 per cent from the preceding year
Apr 11, 2016, 13:35 PM IST
Open offers double to Rs 6,583 cr in October-December
Total value of open offers made during the third quarter of the current fiscal nearly doubled to Rs 6,583 crore.
Feb 02, 2016, 22:40 PM IST
Open offers see steep decline in H1 FY'16; drop to Rs 1,009 crore
Open offers saw a drastic plunge during the first six months of the current fiscal, dropping to just over Rs 1,000 crore from Rs 13,000 crore in the year-ago period.
Nov 06, 2015, 17:23 PM IST
Public shareholders get Rs 588 cr worth of open offers in Oct
After a brief lull, listed companies made open offers worth Rs 588 crore to public shareholders in October, the second highest level seen in the first seven months of current financial year.
Dec 08, 2014, 15:39 PM IST
Open offers by firms drop 66% to Rs 13,000 cr in April-Sept
Besides, the number of open offers issued by the firms declined to 29 from 46 for the period under review.
Nov 17, 2014, 15:55 PM IST
I-T department exposes huge tax evasion through open offers
Meanwhile, the Income Tax department is probing over 77 companies which had issued an open offer of more than Rs 25 crore in FY 13-14.
Aug 22, 2014, 14:26 PM IST
Open offers hit 1-year high at Rs 12,549 cr in June
The overall worth of open offers for public shareholders hit a one-year high of Rs 12,549 crore in June, almost entirely on account of a mega offer by global liquor giant Diageo Plc to acquire stake in United Spirits.
Jul 29, 2014, 18:08 PM IST
