Latest news with #EGM
Daily Record
a day ago
- Business
- Daily Record
Christian Eriksen lands Rangers pitch as De Jong 'decision' and Ramsdale rule escalate 49ers 'surprise' transfer tease
Paraag Marathe's EGM promise appears to be gathering pace with some big names swirling at Ibrox Christian Eriksen has been told why he should sign for Rangers this summer after the new US owners at Ibrox promised some surprises in the transfer market. The former Manchester United playmaker is on the lookout for a new club after leaving Old Trafford as a free agent - with a move to join the American revolution at Ibrox floated. Speaking at Rangers EGM, Paraag Marathe of 49ers Enterprises - who now own the Glasgow giants alongside pharmaceutical tycoon Andrew Cavenagh - promised shareholders that there would be a few names emerging that would raise the eyebrows of fans. He said: "If we share who we're targeting that players becomes more expensive. It's best for you all if we surprise you with the players we bring in!" And the 33-year-old would fall into that category. Speaking to OLBG, former England international Chris Waddle recommended Govan as the Danish international's next destination. He said: "Christian Eriksen would be a great acquisition for Rangers. I think he would be a revelation. He would be brilliant in Scotland. I think he'd be able handle that league with ease. "Whether his wage demands would be too high, we don't know, but a lot of teams in Spain and Italy, Germany would like to take Eriksen on. "Not on long-term deals, but I think he'll have a lot of options around Europe and I'm sure there will be Premier League teams looking at him, but if someone like Rangers got him, he would be a massive coup. "He's still got a lot to offer, but I do think that if he goes to one of the top Premier League teams, I think he'll be sat on the bench more than on the pitch." Reports in the Netherlands suggest that veteran Luuk de Jong would be "open" to joining Rangers this summer. Dutch outlet ED report that is ready to "answer" PSV Eindhoven's contract offer imminently with the club making it clear they "won't wait forever" for their title-winning skipper. De Telegraaf claim the 34-year-old free agent is "exploring an exotic option" with an unnamed club away from the Eredivise. Aaron Ramsdale has been floated as a high-profile loan recruit - but Ray Parlour has told the Southampton goalkeeper the transfer rules he should put in place. Discussing a reunion with Russell Martin in Glasgow, he told talkSPORT: 'I think he's got to stay in the Premier League, so I'll say no. 'I think he's got too much to offer. I think he stays in the Premier League.' Tune in to Hotline Live every Sunday to Thursday and have your say on the biggest issues in Scottish football and listen to Record Sport's newest podcast, Game On, every Friday for your sporting fix, all in bitesize chunks.
Daily Record
a day ago
- Business
- Daily Record
Managing Rangers – Dor Turgeman screams sign me as £15m Igamane loot pays for Beck, Coady and Mr VIP's arrival
Nothing says revolution like selling your two key strikers and bringing in a replacement for their captain is proof things are changing No false advertising is needed when it comes to this summer's transfer window as genuine intent is visible among clubs in Scotland and beyond. Hearts are beating fast with Tony Bloom's £10m secured, Aberdeen want to make Scottish Cup glory days a regular occurrence and Celtic are striving for a new level under Brendan Rodgers. However, no club's next moves are being more keenly felt among their own than Rangers as they begin a new era as Andrew Cavenagh and Paraag Marathe strive to make the Ibrox side No.1 in Scotland. The pair's introductory statements at Rangers' EGM and the slew of media interviews which followed were packed with intent without ever veering into the territory of battle cries. The duo made clear they want to leapfrog Celtic, become transfer specialists and empower Russell Martin with the best team possible after their initial £20m cash injection upon arrival. But, as the Americans admitted themselves, words will count for little if they can't back it up and a strong debut in the transfer market this summer is a necessity. Rangers fans aren't keen on drawing parallels with Celtic, however, it's hard to avoid the similarities with the major rebuild Ange Postecoglou masterfully oversaw during his first season in Glasgow. Now Martin, a similar blue-sky thinker with a penchant for attacking football, is aiming to do the same. Record Sport dives deep to look at the arrivals and departures needed at Ibrox. Incomings Attacking midfielder Lyall Cameron was sealed before the former Scotland international's arrival but appears a good fit for what Martin expects out of his support players to his central striker. Max Aarons became the first official signing of the Martin era and it appears a statement of intent as he made a move for his former Norwich City team-mate. Both have waxed lyrical about the other and 25-year-old appears a certainty for significant game time. If a key signing metric for clubs is how much a player wants a transfer then Dor Turgeman appears made for Rangers as the Israel striker is desperate to become the focal point of Martin's attack. Southampton's playoff winning side relied on both Adam Armstrong and Che Adams, 35 goals between them, to power them to promotion and, perhaps, the 22-year-old will need help if current strikers exit. And how about Luuk De Jong as both a mentor and a forward to share the burden with? The 34-year-old is anything but a faded force and there's a growing sense in the Netherlands that Rangers could be a likely next destination after leaving PSV Eindhoven for the second time. Rangers are also keen on defensive reinforcement with Liverpool's Owen Beck but it remains dependent on outgoings and Peterborough standout Emmanuel Fernandez also on their radar. But Conor Coady feels like the most likely next arrival with 32-year-old in advanced discussions over joining Rangers after he finishes his commitments as a pundit at the Club World Cup. A winger is also craved but Oscar Cortes is expected to earn every chance to become an Ibrox contributor after a full pre-season to recover from a horror knee injury. Outgoings Whew, this is where it gets really interesting and likely dictates what happens on incomings. And seeing your two main strikers is equal parts thrilling and frightening and a keen reminder that Rangers are in a transformative stage is the fact their two key strikers appear poised for the exit door. Cyriel Dessers, the most polarising Rangers player in recent memory, is heading to AEK Athens and Hamza Igamane wants to join LIlle as the Ligue 1 side aim to thrash out a fee for the Morocco international – with £15m plus add-ons appearing the starting point of negotiations. Ridvan Yilmaz's future appears directly tied to any move for former Dundee loanee Beck with the 24-year-old enduring an unfulfilled existence in Glasgow due to the injury bug he cannot outrun. Robin Propper and Kieran Dowell are wanted elsewhere but those who have watched Martin's teams extensively reckon Ben Davies may fit the mould when it comes to ball-playing, but he is another who could depart after spending last season on loan at Birmingham City with the aforementioned Dowell. Nicolas Raskin is the one player who Rangers fans would keep before any other but a decision will likely have to be made on the Belgium international as he enters the final two years of his Ibrox contract. A new deal is likely to be tabled. James Tavernier has direct competition in the shape of Aarons, but Martin waxed lyrical about the Ibrox hall of famer in a way which went way beyond lip service. The captain has thrived in a central defensive role and that could be an option, especially if a variation of a 3-5-2 was in operation. Martin has insisted that he is not tied to one style of playing. Ross McCausland has a string of clubs targeting him but Danilo is another who is pushing the pace to prove he is worth the £6million which was shelled out for him two years ago.
Time of India
2 days ago
- Business
- Time of India
Nestle India rewards shareholders: Board approves 1:1 bonus issue; first in nearly 30 years
Nestle India approves 1:1 bonus shares issue NEW DELHI: Nestle India's board on Thursday approved the issuance of bonus equity shares in a 1:1 ratio. The company, in a regulatory filing, announced that the bonus equity shares with a face value of Re 1 each will be issued in full to shareholders holding equity shares of the same face value. "The record date for determining the entitlement of the members of the company to receive bonus equity shares will be announced in due course," the company stated, as quoted by PTI. The move follows the company's earlier disclosure on June 19, when it announced its intention to consider a bonus share issue. Outgoing Chairman and Managing Director Suresh Narayanan, addressing shareholders at the AGM, said, "...the board of directors have declared a bonus of one equity share, or one equity share held..., which is subject to the approval of the members in the EGM to be held on 24th July, 2025." This is Nestle India's first bonus share issue since 1996 and comes after the recent share subdivision and listing on the National Stock Exchange (NSE) in 2024. The issuance is expected to benefit over 1.6 lakh small shareholders, most of whom hold fewer than five shares—a group that has long awaited such a move. The company described the decision as a gesture of appreciation toward shareholders, stating it was intended to "recognise shareholders' consistent support throughout their growth journey." Following the announcement, the company's stock rose by nearly 1 per cent in morning trade. Shares were last seen trading at Rs 2,426.95 on the BSE, up 0.94 per cent. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
The Hindu
2 days ago
- Business
- The Hindu
Nestle board approves 1:1 bonus share issue; stock up 1% in morning trade on June 26
The board of FMCG maker Nestle India approved the issuance of bonus equity shares in the ratio of 1:1 to its existing shareholders on Thursday (June 26, 2025.) 'The bonus equity share of face value of Re.1 will be fully issued to equity shares of face value of Re.1 each, held by the members of the company,' Nestle India said in a regulatory filing. However, "record date for determining the entitlement of the members of the company to receive bonus equity shares will be announced in due course," it added. On June 19, Nestle had announced that the company's board will consider the bonus shares issue. The board of Nestle India, which is also having its annual general meeting (AGM) on Thursday (June 26, 2025), approved the issue of 1:1 bonus share, subject to final approval in the extraordinary general meeting (EGM) held by Nestle India on July 24, informed its outgoing Chairman and Managing Director Suresh Narayan. "...the board of directors have declared a bonus of one equity share, or one equity share held..., which is subject to the approval of the members in the EGM to be held on 24th July, 2025," Mr. Narayanan said during his address at the AGM. This is the first bonus issue after the year 1996, with subdivision of shares and NSE listing in 2024. "We believe we have fulfilled a long-standing wish of all the shareholders," he said, adding that this will benefit more than 1.6 lakh small shareholders holding less than five shares each. The company believes that the proposed issuance of bonus equity shares "recognises the steadfast support and loyalty" of the shareholders throughout the company's growth and transformation journey. "Moreover, it will enhance the liquidity of the shares while expanding the…retail investor participation," he added. After this announcement, Nestle India shares jumped nearly 1% in the morning trades. Shares of Nestle India were trading at ₹2,426.95 apiece on the BSE, up 0.94%.
Argaam
2 days ago
- Business
- Argaam
Masar OKs Dinar Financial's acquisition of SAR 235M land plots
Shareholders of Umm Al Qura for Development and Construction Co. (Masar) approved the transactions and contracts concluded in 2024 with Dinar Financial Co., its subsidiaries, or affiliated investment funds, during the extraordinary general meeting (EGM) held on June 25. In a statement to Tadawul, the company stated that the transactions involved Dinar Financial acquiring two residential land plots within the Masar project. The sale, valued at SAR 235.05 million, was executed in accordance with the procedures outlined in the company's governance regulations and the Companies Law. The EGM also approved all other agenda items, the statement added.
