by TEXTILE VALUE CHAIN | Sep 11, 2023 | Finance & Economy, News & Insights
Indian Card Clothing has proposed a “reverse split” of its shares, which would decrease the number of shareholders. The firm has described this as a consolidation process and plans to increase the nominal value, or face value, of each share from Rs. 10 to...
by Manali bhanushali | Jan 18, 2021 | Industry And Cluster, News & Insights
Two industry associations representing apparel companies and distributors of fast-moving consumer goods (FMCG) companies have written to the Securities and Exchange Board of India (Sebi), urging the market regulator to review and approve Future Group’s deal with...
by G.Thulessiraman | Sep 14, 2020 | Finance & Economy, News & Insights
SEBI- Securities and Exchange Board of India, the regulator of the stock market came out with 2 circulars over the weekend. SEBI has bought about a change in the asset allocation rules of multi-cap funds. The classification given by the regulator is that a portfolio...