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SEBI has proposed a 66-working-day cap on open market buybacks, a freeze on promoter share sales during buyback periods, and optional merchant banker appointments. The rules aim to close conflict-of-interest gaps and add timeline discipline to India's most-used share repurchase route.
Windlas Biotech approved a Rs 47 crore share buyback at Rs 1,000 per share via tender route, with April 24 set as the record date. The buyback covers 2.23% of equity and is open exclusively to public shareholders, with promoters excluded. Shares rose approximately 2% on the announcement.
VST Industries stock jumped 19% after the company posted strong Q4 results and its board recommended a final dividend of ₹12 per equity share at ₹10 face value. The rally signals investor approval of both the earnings performance and the capital return. The dividend payout ratio relative to face value points to solid
Wipro has announced a Rs 15,000 crore share buyback at a 19% premium to market price, its first such program in over five years. The move signals a significant return of capital to shareholders and is likely to lift earnings per share by reducing shares outstanding.
Tag
SEBI has proposed a 66-working-day cap on open market buybacks, a freeze on promoter share sales during buyback periods, and optional merchant banker appointments. The rules aim to close conflict-of-interest gaps and add timeline discipline to India's most-used share repurchase route.
1mo ago · 3 min · Policy & Government
Windlas Biotech approved a Rs 47 crore share buyback at Rs 1,000 per share via tender route, with April 24 set as the record date. The buyback covers 2.23% of equity and is open exclusively to public shareholders, with promoters excluded. Shares rose approximately 2% on the announcement.
2mo ago · 1 min · Markets
VST Industries stock jumped 19% after the company posted strong Q4 results and its board recommended a final dividend of ₹12 per equity share at ₹10 face value. The rally signals investor approval of both the earnings performance and the capital return. The dividend payout ratio relative to face value points to solid
2mo ago · 1 min · Markets
Wipro has announced a Rs 15,000 crore share buyback at a 19% premium to market price, its first such program in over five years. The move signals a significant return of capital to shareholders and is likely to lift earnings per share by reducing shares outstanding.
2mo ago · 1 min · Business
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