Borosil Group has two listed entities i.e. one is Borosil Glass Works Limited (BGWL) & Gujarat Borosil Limited (GBL). BGWL is mainly into Scientific & Consumerware and GBL is into manufacturing solar glass. Both...
Aarti Industries: The Right Chemistry for a Bright Tomorrow
The Aarti Industries Limited announced to separate its small business vertical and to merge one of its subsidiaries’ tiny manufacturing unit with itself. The move seems in the direction of concentrating on its core...
PPL merger with PEL: Big Brother is watching!
Piramal Phytocare Ltd (erstwhile Piramal Life Sciences Ltd) was engaged in the two business activities NCE Research Activity and Herbal business activity. However, NCE research activity was demerged to Piramal Health...
Real Estate in doldrums: Time for Consolidation
The real estate sector in the country is in the doldrums as the slump in the residential segment because of poor demand and high inventory shows no sign of improvement. Lakhs of home buyers have been left stranded after...
SEBI BOARD REGULATORY AMENDMENTS: A WELCOME MOVE
SEBI Board in its meeting on 21 June 2018 has inter alia resolved: To amend SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the Takeover Code 2011) To replace SEBI (Buy-back of Securities)...
AMENDMENTS IN PRIVATE PLACEMENT PROVISIONS AND THEIR IMPLICATIONS
Companies Act 2013 majorly specifies only 3 modes of raising finance for companies viz: Public Issue, Rights Issue and Private Placement. Generally, for need based funding, companies always prefer private placement as...