HEG Limited (“Demerged Company” or “HEG”) is, inter alia, engaged in the business of manufacturing and exporting graphite electrodes and operates the world’s largest single-site integrated...
TVS Motors issuances of convertible preference shares as bonus instead of dividend
Recently, well known auto manufacturer announced the issuance of preference shares as a bonus to all equity shareholders. In the past, many listed companies have issued preference shares as a bonus. In this article, we...