Sterlite plans rights issue
Mumbai: Sterlite Industries (India) Ltd plans to issue equity shares to its existing shareholders on a rights basis. The board of directors would meet on December 24 to consider the issue, the company informed the stock exchanges on Thursday.
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Prime Textile shareholders nod for delisting
Mumbai: Prime Textiles Ltd has informed the Bombay Stock Exchange that at the annual general meeting held on September 20, the shareholders approved the delisting of its equity shares from the Chennai, Ahmedabad and Kolkata stock exchanges.
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Malwa board okays equity warrants issue
Mumbai: Malwa Cotton Spinning Mills Ltd has informed the Bombay Stock Exchange that its board at the meeting held on Thursday, has approved the issue of 11-lakh equity warrants to be converted into equity shares of Rs 10 each at a premium to be decided as per the SEBI guidelines on a preferential basis to the company's promoters and subject to necessary approvals and consents.
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TV Today IPO oversubscribed
New Delhi: The India Today group company, T V Today, whose initial public offer opened on Thursday, has been oversubscribed by about 1.48 times and is expected to be listed by the third week of January.
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