Ahmedabad : Asian Granito India Limited (AGIL), one of India’s leading tiles companies has divested its entire18.87% stake in its associated company – Astron Paper and Board Mills Ltd (Astron Paper) for Rs. 46.94 crore. Company sold 87.75 lakh equity shares of Astron Paper through block deal at Rs. 53.5 per share on 10 August 2021. … Read more
Larsen & Toubro is currently trading at Rs. 1589.55, up by 2.40 points or 0.15% from its previous closing of Rs. 1587.15 on the BSE. The scrip opened at Rs. 1589.00 and has touched a high and low of Rs. 1597.75 and Rs. 1563.30 respectively. So far 36322 shares were traded on the counter. The … Read more
TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company. The Board of Directors of the company … Read more
Rane Holdings has received approval for divestment of entire 48.97% equity shareholding held by the company in JMA Rane Marketing (JMA Rane), a Joint Venture (JV) company. This divestment is subject to negotiating and concluding the terms, execution of definitive agreement and completion of customary closing conditions. The Board of Directors of the company at … Read more
Tata Steel’s wholly owned indirect subsidiary — TS Global Minerals Holdings Pte has entered into an agreement to divest its entire stake in its wholly owned step down subsidiary Black Ginger 461 Pty which in turn holds 64% in Sedibeng Iron ore Pty, South Africa, which is the operating company. The stake has been divested … Read more
29/1/2018 – PetroVietnam Gas (PV Gas). a state-owned Vietnamese energy firm is seeking government approval for a divestment plan to sell 30 percent of its stock to a strategic partner by 2020. According to Le Nhu Linh, the Chairman of PV Gas, the approved strategic partner is expected to be one of PV Gas’s existing … Read more
