Search result for 'mps norms'

Bank of Maharashtra OFS oversubscribed, government raises Rs 2,492 crore by diluting 6% stake. Bank now MPS compliant.

Sajjan Jindal Family Trust divests 2% stake in JSW Infrastructure for Rs 1,210 crore to meet Sebi's minimum public shareholding norms. The transaction reduces the promoter's holding to 78.72%.

UCO Bank plans to issue 270 crore equity shares in FY'26 to reduce government stake to 75%, complying with SEBI's MPS norms. This follows a successful QIP in the March quarter.

UCO Bank plans to raise Rs 2,000 crore through a Qualified Institutional Placement (QIP) this quarter to comply with Sebi's minimum public shareholding norms. The bank aims to reduce the...

Punjab & Sind Bank plans to raise Rs 2,000 crore via Qualified Institutional Placement (QIP) this quarter, reducing government holding and boosting capital adequacy ratio. The bank aims to raise a...

Bank of Maharashtra (BoM) plans to raise capital to reduce government ownership below 75%, meeting Sebi's minimum public shareholding norms. The bank also reported a 36% rise in net profit for Q3FY25.

Adani Group has raised Rs 4,850 crore by selling a 13.5% stake in Adani Wilmar, part of its strategy to exit non-core businesses and focus on infrastructure. The transaction attracted significant...

UCO Bank plans to raise Rs 2,000 crore through a qualified institutional placement (QIP) in the December quarter to meet minimum public shareholding norms. The government's stake in the bank will...

The Indian government has extended the deadline for meeting minimum public shareholding (MPS) norms for CPSEs and public sector financial institutions till August 2026.

Public sector banks are expected to get another 2-year extension to comply with SEBI's minimum public shareholding (MPS) norms. Find out which banks are affected and the government's plans for the...

Sebi's new disclosure norms for FPIs are set to come into effect on Feb 1. Sources say the impact on a large number of FPIs will be limited due to exemptions for SWFs, listed companies, and other...