Search result for 'egm'

Aakash Founder Challenges Governance Changes: NCLT Hearing

March 18, 2025 22:24

Aakash Educational Services founder Jagdish Chand Chaudhry has challenged changes in the company's governance norms at the NCLT. The case involves a complex ownership structure and disputes over...

GLAS Trust Moves NCLAT for Stay on Byju's AoA Amendments

March 11, 2025 22:30

GLAS Trust, a US-based lender to Byju's, has filed a petition in the NCLAT seeking a stay on amendments to the AoA of Aakash Educational Services, arguing they impact the CIRP process. The NCLAT...

Blackstone-Backed Singapore Topco Withdraws NCLT Petition Against Akash AGM

February 24, 2025 21:34

Blackstone-backed Singapore VII Topco withdraws NCLT petition against Akash AGM, alleging oppression and mismanagement. The petition challenged an amendment in the Articles of Association (AoA) of...

IREDA to Raise Rs 5,000 Cr via QIP: Shareholder Approval

February 24, 2025 19:21

IREDA secures shareholder approval to raise up to Rs 5,000 crore through a Qualified Institutional Placement (QIP) to fund growth opportunities.

Metropolitan Stock Exchange Raises Rs 238 Cr, Secures Investor Backing

December 26, 2024 10:59

Metropolitan Stock Exchange of India (MSE) secures Rs 238 crore from investors including Billionbrains Garage Ventures, Groww's parent, and Zerodha's Rainmatter Investments. The investment aims to...

MSE Raises Rs 238 Cr: Billionbrains, Groww, Zerodha Invest

December 26, 2024 10:59

Metropolitan Stock Exchange (MSE) secures Rs 238 crore funding from prominent investors including Billionbrains, Groww, and Zerodha. This investment aims to revive MSE's operations in a competitive...

Dish TV Shareholders Reject Appointment of Ind Directors

December 12, 2024 22:47

Dish TV shareholders have rejected the proposal to appoint two independent directors, Amit Singhal and Parag Agarawal, due to a lack of required votes. The company has now appointed Mayank Talwar...

NCLAT Rejects Aakash AoA Amendment, Sends Case Back to NCLT

December 7, 2024 17:16

The NCLAT has declined to lift the stay on the NCLT order barring the amendment of Aakash Educational Services' Articles of Association, sending the case back to NCLT.

Finolex Cable Appoints Ratnakar Barve as Chairman

September 5, 2024 18:26

Finolex Cable appoints Ratnakar Barve as Chairman after Nikhil Naik steps down. The appointment follows a legal battle between the Chhabaria cousins over corporate governance.

NCLAT Upholds Finolex AGM Outcome, Ousting Deepak Chhabria

September 3, 2024 20:24

The National Company Law Appellate Tribunal (NCLAT) has upheld the outcome of the AGM of Finolex Cables, where shareholders voted against the reappointment of Deepak Chhabria. This decision follows...

Dish TV Fined by BSE, NSE for Lack of Board Strength

August 22, 2024 18:59

Dish TV has been fined Rs 12.74 lakh by BSE and NSE for failing to meet quorum requirements on its board. The company cited non-approval of director appointments by shareholders as the reason for...

Ritesh Agarwal Invests Rs 830 Cr in OYO Funding Round

August 12, 2024 12:03

OYO founder Ritesh Agarwal invests Rs 830 crore in the travel tech platform's latest funding round, increasing his stake to 32.57%. The investment will support OYO's growth and global expansion plans.

OYO Raises Rs 1,457 Cr in Latest Funding Round

August 11, 2024 11:51

OYO, the hospitality unicorn, raises Rs 1,457 crore in a new funding round led by InCred Wealth, J&A Partners, and ASK Financial Holdings. This brings the total Series G funding to over Rs...

Byju's Appeals NCLT Insolvency Order: Urgent Hearing Sought

July 18, 2024 17:30

Byju's challenges the NCLT order allowing BCCI's insolvency petition, seeking an urgent hearing. The edtech firm faces Rs 158.9 crore dues to the cricket board.

SoftBank Nominee to Join OYO Board: Sources

July 14, 2024 15:49

SoftBank is appointing Sumer Juneja as a non-executive director on OYO's board, signaling its bullish stance on the company's profitability. Juneja, Managing Partner at SoftBank Vision Fund, will...

PC Jeweller to Raise Rs 2,705 Cr via Warrants

July 14, 2024 13:32

PC Jeweller plans to raise Rs 2,705 crore through warrants to settle bank loans and boost working capital. Promoters will contribute Rs 850 crore, with the rest coming from investors.

Uday Kotak Criticizes Vodafone Idea's Equity Allotment to Vendors

June 14, 2024 23:49

Uday Kotak criticizes Vodafone Idea's decision to allot preferential shares to vendors Ericsson and Nokia to clear dues, calling it a model for companies in financial difficulty. He questions the...

Vodafone Idea to Issue Shares to Nokia, Ericsson: Debt Relief

June 13, 2024 16:35

Vodafone Idea will allocate shares worth Rs 2,458 crore to Nokia and Ericsson to clear partial dues. The move comes as the telco seeks to reduce its debt burden.

Vodafone Idea Shareholders Approve Capital Increase to Rs 1 Lakh Cr

May 9, 2024 22:34

Vodafone Idea shareholders have approved a plan to raise the company's authorized share capital to Rs 1 lakh crore and issue equity shares to Oriana Investments.

Vodafone Idea FPO Oversubscribed 7 Times, Raises Rs 12,600 Crore

April 22, 2024 20:36

Vodafone Idea's FPO gets oversubscribed 7 times, raising Rs 12,600 crore. The funds will be used for network expansion, 5G rollout, and debt repayment.

Byju's India CEO Resigns, Founder Takes Over

April 15, 2024 18:51

Arjun Mohan, CEO of Byju's India operations, has resigned, leading to a business rejig and Byju Raveendran taking over daily operations.

Byju's Shareholders Approve Share Capital Increase

April 15, 2024 15:14

Byju's parent company Think and Learn secures shareholder approval to increase authorized share capital, paving the way for a USD 200 million rights issue to address liquidity concerns.

Vodafone Idea to Raise Rs 2,075 Cr from Aditya Birla Group

April 6, 2024 21:51

Vodafone Idea has received board approval to raise Rs 2,075 crore from Aditya Birla group and increase its authorized share capital. The company seeks to raise Rs 45,000 crore to improve its...

Byju's Seeks Arbitration in Investor Dispute at NCLT

April 4, 2024 22:38

Byju's seeks arbitration in a dispute with investors at NCLT over alleged violation of tribunal orders regarding share issuance. The NCLT adjourned the matter to April 23.

Vodafone Idea to Raise Rs 20,000 Cr at April 6 Meeting

April 3, 2024 22:15

Vodafone Idea's board will meet on April 6 to decide on a Rs 20,000 crore fundraise via equity shares or convertible securities. The company received shareholder approval at an EGM on April 2.

Vodafone Idea Gets Nod to Raise Rs 20,000 Crore

April 3, 2024 15:46

Vodafone Idea secures shareholder approval to raise up to Rs 20,000 crore for 5G rollout, strengthening 4G services and combating subscriber churn.

Vodafone Idea Seeks Shareholder Approval for Rs 20,000 Cr Fundraise

April 2, 2024 19:18

Vodafone Idea held an EGM to seek shareholder approval for raising up to Rs 20,000 crore by issuing securities to fund 5G rollout and strengthen 4G services.

Byju's Lays Off 500 Employees Amid Financial Crunch

April 2, 2024 18:52

Byju's is laying off 500 employees, including from sales, amid a financial crunch. The layoffs are part of a business restructuring exercise to streamline operations and reduce costs.

Byju's Salary Crisis: Funds Locked Amid Investor Rift

March 2, 2024 16:43

Byju's faces salary delays as funds raised through a rights issue are inaccessible due to a legal dispute with investors. Founder Byju Raveendran blames select investors for the situation.

Byju's Rights Issue Closure Date Extension Considered by NCLT

February 28, 2024 22:01

NCLT asks Byju's to consider extending rights issue closure date amid investor disputes and allegations of mismanagement. The edtech firm faces financial strain and legal challenges.

Byju's Investors Allege $533 Mn Siphoned, NCLT Hears Rights Issue Dispute

February 27, 2024 20:33

Investors in Byju's allege the edtech giant siphoned off $533 million and challenge a $200 million rights issue, leading to a court hearing. The NCLT reserved its order on the issue.

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 17:32

India's corporate affairs ministry has ordered an expedited inspection of BYJU'S financials, seeking a report on the embattled edtech firm's books. This follows recent shareholder action to remove...

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 17:23

India's corporate affairs ministry has expedited the inspection of BYJU'S financials, seeking a report from its regional office. The move follows recent controversies at the edtech firm, including...

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 14:01

India's corporate affairs ministry has asked its officers to expedite the inspection of BYJU'S books, following concerns about the edtech firm's finances and governance.

Byju Raveendran Rejects Firing Rumors, Remains CEO of Byju's

February 24, 2024 22:33

Byju's founder and CEO Byju Raveendran denies being fired and claims the recent EGM was a farce, reiterating his commitment to the company despite investor pressure.

Byju Raveendran Remains CEO Despite Investor Vote

February 24, 2024 19:43

Byju's CEO Byju Raveendran says he remains in his position despite investors voting for his removal, calling the EGM a ''farce'' and questioning its legitimacy.

Byju's Shareholders Vote to Remove CEO, Company Disputes Validity

February 23, 2024 20:24

Byju's shareholders voted to remove CEO Byju Raveendran and his family from the board, but the company claims the vote was invalid. Learn more about the ongoing legal battle.

Byju's Shareholders Vote to Remove CEO, Company Disputes Validity

February 23, 2024 19:39

Byju's shareholders voted to remove CEO Byju Raveendran and his family from the board, but the company claims the vote is invalid. Learn about the ongoing dispute and potential implications.

Byju's Shareholders Vote to Remove CEO, Family: Company Calls Vote Invalid

February 23, 2024 18:53

Byju's shareholders voted to remove CEO Byju Raveendran and his family over alleged mismanagement, but the company claims the vote is invalid. The decision will be subject to a court hearing on...

Byju's EGM: Investors Seek Raveendran Ouster, File Suit

February 23, 2024 16:55

Investors at Byju's EGM seek to oust founder CEO Byju Raveendran and his family, citing mismanagement. They filed a lawsuit before NCLT.

Byju's EGM: Investors Seek Ouster of Raveendran, File Suit

February 23, 2024 13:59

Byju's shareholders hold an EGM to vote on a resolution to oust founder CEO Byju Raveendran and his family over alleged mismanagement. Investors file suit in NCLT.

BYJU's EGM: Raveendran, Board to Skip Vote

February 22, 2024 22:33

BYJU's founder Byju Raveendran and board members will not attend a shareholder EGM seeking their removal over alleged mismanagement. Investors argue the meeting is valid.

BYJU'S EGM: Raveendran, Board Members to Skip Vote

February 22, 2024 21:26

BYJU'S founder Byju Raveendran and board members will not attend a shareholder EGM called by investors seeking his removal over alleged mismanagement. The EGM, set for Friday, is challenged by...

Byju's Shareholders Vote to Oust CEO, Family

February 22, 2024 17:55

Byju's shareholders are voting to remove founder CEO Byju Raveendran and his family over mismanagement and financial troubles. The EGM will be held on Friday, with the outcome impacting the future...

BYJU'S EGM Stayed: Karnataka HC Rules on CEO Removal

February 21, 2024 22:04

Karnataka High Court has temporarily halted an EGM called by investors to remove BYJU'S founder Byju Raveendran, but the vote will proceed. Learn more about the ongoing leadership battle at the...

BYJU'S EGM to Oust CEO: Karnataka HC Refuses Stay

February 21, 2024 21:53

Karnataka HC refuses to stay an EGM called by investors of BYJU'S to remove CEO Byju Raveendran and family from leadership. The court granted an interim relief, preventing implementation of any...

BYJU'S USD 200 Million Rights Issue Fully Subscribed

February 21, 2024 18:23

BYJU'S USD 200 million rights issue fully subscribed, Byju Raveendran expresses gratitude to shareholders and outlines plans for the future.

Byju's Investors Seek Founder's Ouster at EGM

February 20, 2024 20:44

Byju's investors, holding over 30% stake, call for an EGM on Friday to remove founder Byju Raveendran and his family over alleged mismanagement and financial irregularities.

BYJU'S Rights Issue Gets USD 300 Million Commitment

February 19, 2024 10:47

BYJU'S, facing financial troubles, secures USD 300 million for its rights issue, but investors demand governance reforms and board reconstitution.

BYJU'S Rights Issue Gets USD 300 Million Commitment

February 18, 2024 22:26

BYJU'S secures USD 300 million commitment for its rights issue, aiming to close by February. The move comes amidst ongoing governance and financial issues with investors calling for EGM.

Gensol Engineering Raises Rs 900 Cr via Warrants

February 7, 2024 13:54

Gensol Engineering has raised Rs 900 crore through the issue of convertible warrants, with participation from international and domestic investors. The funds will be used for working capital,...

BYJU'S Investors Can't Oust CEO: Shareholder Agreement

February 2, 2024 15:49

BYJU'S says investors lack voting rights to remove CEO, despite calls for EGM. The edtech firm is facing issues over governance and financial management.

BYJU's Investors Demand Founder Ouster, EGM Called

February 1, 2024 20:38

BYJU's investors, including Prosus, General Atlantic, and Peak XV, have called for an extraordinary general meeting to address governance and financial issues, seeking to remove founders from control.

Salasar Techno Engineering Approves Rs 806 Cr Fund Raising Plan

January 25, 2024 16:51

Salasar Techno Engineering (STEL) board approves Rs 806.4 crore fundraising through equity shares and warrants. The proposal is subject to shareholder approval at the EGM on February 19.

Dish TV Shareholders Reject Independent Directors: EGM Update

December 27, 2023 13:11

Shareholders of Dish TV rejected the appointment of four independent directors in the EGM, leaving only one person on the board. The company immediately appointed two new directors to meet the...

Adani Family Invests Rs 9,350 Cr in Green Energy Arm

December 26, 2023 16:27

Adani family to invest Rs 9,350 crore in Adani Green Energy to achieve 45 GW target by 2030 and meet debt obligations. The investment will be used for deleveraging and accelerated capital expenditure.

Adani Family Invests Rs 9,350 Cr in Green Energy Arm

December 26, 2023 15:14

The Adani family will invest Rs 9,350 crore in Adani Green Energy Ltd to accelerate capital expenditure and achieve a 45 GW green energy target by 2030. The investment will be used for deleveraging...

Dish TV Calls EGM to Appoint Directors

November 27, 2023 20:45

Dish TV to hold an EGM on Dec 22 to seek shareholder approval for director appointments. This follows fines imposed by BSE and NSE due to board composition issues.

RBI Interest Rate, US Inflation Data to Drive Markets

India-US Trade Pact: Dairy Protection, Patience Key

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Search result for 'egm'

Aakash Founder Challenges Governance Changes: NCLT Hearing

GLAS Trust Moves NCLAT for Stay on Byju's AoA Amendments

Blackstone-Backed Singapore Topco Withdraws NCLT Petition Against Akash AGM

IREDA to Raise Rs 5,000 Cr via QIP: Shareholder Approval

Metropolitan Stock Exchange Raises Rs 238 Cr, Secures Investor Backing

MSE Raises Rs 238 Cr: Billionbrains, Groww, Zerodha Invest

Dish TV Shareholders Reject Appointment of Ind Directors

NCLAT Rejects Aakash AoA Amendment, Sends Case Back to NCLT

Finolex Cable Appoints Ratnakar Barve as Chairman

NCLAT Upholds Finolex AGM Outcome, Ousting Deepak Chhabria

Dish TV Fined by BSE, NSE for Lack of Board Strength

Ritesh Agarwal Invests Rs 830 Cr in OYO Funding Round

OYO Raises Rs 1,457 Cr in Latest Funding Round

Byju's Appeals NCLT Insolvency Order: Urgent Hearing Sought

SoftBank Nominee to Join OYO Board: Sources

PC Jeweller to Raise Rs 2,705 Cr via Warrants

Uday Kotak Criticizes Vodafone Idea's Equity Allotment to Vendors

Vodafone Idea to Issue Shares to Nokia, Ericsson: Debt Relief

Vodafone Idea Shareholders Approve Capital Increase to Rs 1 Lakh Cr

Vodafone Idea FPO Oversubscribed 7 Times, Raises Rs 12,600 Crore

Byju's India CEO Resigns, Founder Takes Over

Byju's Shareholders Approve Share Capital Increase

Vodafone Idea to Raise Rs 2,075 Cr from Aditya Birla Group

Byju's Seeks Arbitration in Investor Dispute at NCLT

Vodafone Idea to Raise Rs 20,000 Cr at April 6 Meeting

Vodafone Idea Gets Nod to Raise Rs 20,000 Crore

Vodafone Idea Seeks Shareholder Approval for Rs 20,000 Cr Fundraise

Byju's Lays Off 500 Employees Amid Financial Crunch

Byju's Salary Crisis: Funds Locked Amid Investor Rift

Byju's Rights Issue Closure Date Extension Considered by NCLT

Byju's Investors Allege $533 Mn Siphoned, NCLT Hears Rights Issue Dispute

BYJU'S Inspection Expedited: Govt Seeks Report

BYJU'S Inspection Expedited: Govt Seeks Report

BYJU'S Inspection Expedited: Govt Seeks Report

Byju Raveendran Rejects Firing Rumors, Remains CEO of Byju's

Byju Raveendran Remains CEO Despite Investor Vote

Byju's Shareholders Vote to Remove CEO, Company Disputes Validity

Byju's Shareholders Vote to Remove CEO, Company Disputes Validity

Byju's Shareholders Vote to Remove CEO, Family: Company Calls Vote Invalid

Byju's EGM: Investors Seek Raveendran Ouster, File Suit

Byju's EGM: Investors Seek Ouster of Raveendran, File Suit

BYJU's EGM: Raveendran, Board to Skip Vote

BYJU'S EGM: Raveendran, Board Members to Skip Vote

Byju's Shareholders Vote to Oust CEO, Family

BYJU'S EGM Stayed: Karnataka HC Rules on CEO Removal

BYJU'S EGM to Oust CEO: Karnataka HC Refuses Stay

BYJU'S USD 200 Million Rights Issue Fully Subscribed

Byju's Investors Seek Founder's Ouster at EGM

BYJU'S Rights Issue Gets USD 300 Million Commitment

BYJU'S Rights Issue Gets USD 300 Million Commitment

Gensol Engineering Raises Rs 900 Cr via Warrants

BYJU'S Investors Can't Oust CEO: Shareholder Agreement

BYJU's Investors Demand Founder Ouster, EGM Called

Salasar Techno Engineering Approves Rs 806 Cr Fund Raising Plan

Dish TV Shareholders Reject Independent Directors: EGM Update

Adani Family Invests Rs 9,350 Cr in Green Energy Arm

Adani Family Invests Rs 9,350 Cr in Green Energy Arm

Dish TV Calls EGM to Appoint Directors

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