Latest news with #SEBIListingRegulations
Business Upturn
a day ago
- Business
- Business Upturn
NTPC extends tenure of Chairman & CMD Gurdeep Singh by one year
NTPC Limited informed the exchanges on Friday that the Government of India has approved the re-employment of its Chairman & Managing Director (CMD), Shri Gurdeep Singh, on contract for one more year after his superannuation. According to the company's filing to BSE and NSE dated July 18, 2025, the Ministry of Power communicated that the President of India has re-employed Gurdeep Singh (DIN: 00307037) as CMD of NTPC Limited from August 1, 2025, till July 31, 2026, or until a regular incumbent assumes charge, or further orders — whichever is earlier. The extension comes as part of the government's decision to retain his leadership to steer the company through its ongoing strategic projects and energy transition initiatives. NTPC stated that it is in the process of completing the statutory formalities required for the re-appointment. Further disclosures as per SEBI Listing Regulations will be submitted separately. The decision reflects confidence in Gurdeep Singh's leadership at India's largest power producer during a crucial phase in the company's growth and diversification into renewable energy. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
11-07-2025
- Business
- Time of India
Persistent Systems, R R Kabel shares dividend: Record date on Monday. Last chance to buy
Shares of Persistent Systems and R R Kabel are among a few other companies that may grab the limelight in Friday's session as these companies had fixed July 14 as the record date for determining dividend eligibility for their shareholders. This means that the investors who buy the shares of these companies by the end of today's trading session will be eligible to receive the respective dividends from the companies. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unsold 2022 Suv Almost Given Away (See Prices) SUV Deals | Search Ads Search Now Undo Indian financial markets follow a T+1 settlement system. Under the T+1 settlement cycle, an investor must purchase shares at least one day before the record date to qualify for the dividend. If the shares are bought on or after the ex-dividend date, the buyer will not be eligible for the dividend payout. Play Video Play Skip Backward Skip Forward Mute Current Time 0:00 / Duration 0:00 Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions and subtitles off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Persistent Systems The company has announced a final dividend of Rs 15 per share for the eligible shareholders, with July 14 as the record date. Live Events 'We wish to inform you that the Board of Directors of the Company, at its meeting held in April 2025, has recommended the Final Dividend of INR 15 (INR Fifteen) per Equity Share of INR 5 (Five) each for the Financial Year 2024-25 subject to the approval by Members,' the company said in a previous filing to the exchanges. In the past 12 months, Persistent Systems has declared an equity dividend amounting to Rs 20 per share, and at a share price of Rs 5,661.50, Persistent Systems' dividend yield is 0.35%. R R Kabel The board of R R Kabel had announced a final dividend of Rs 3.5 per share, fixing July 14 as the record date. 'Pursuant to Regulation 42 of the SEBI Listing Regulations, the Company has fixed the 'Record Date' for the payment of final dividend as follows: Monday, 14 July 2025 : Determination of Members eligible for payment of final dividend of Rs. 3.50/- per equity shares (i.e. 70% of the face value) for FY 2024-25,' the company had informed to the stock exchanges. Over the past 12 months, R R Kabel has announced an equity dividend of Rs 5.50 per share. With a share price at Rs 1,343.90, the dividend yield stands at 0.41%. A few other companies that will start trading ex-dividend from Monday are as follows: Bimetal Bearings - Rs 13 per share Craftsman Automation - Rs 5 per share GHCL Textiles - Rs 0.5 per share Super Sales India - Rs 2.5 per share Wendt (India) - Rs 20 per share ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
11-07-2025
- Business
- Economic Times
Persistent Systems, R R Kabel shares dividend: Record date on Monday. Last chance to buy
Shares of Persistent Systems and R R Kabel are among a few other companies that may grab the limelight in Friday's session as these companies had fixed July 14 as the record date for determining dividend eligibility for their shareholders. ADVERTISEMENT This means that the investors who buy the shares of these companies by the end of today's trading session will be eligible to receive the respective dividends from the companies. Indian financial markets follow a T+1 settlement system. Under the T+1 settlement cycle, an investor must purchase shares at least one day before the record date to qualify for the dividend. If the shares are bought on or after the ex-dividend date, the buyer will not be eligible for the dividend payout. The company has announced a final dividend of Rs 15 per share for the eligible shareholders, with July 14 as the record date.'We wish to inform you that the Board of Directors of the Company, at its meeting held in April 2025, has recommended the Final Dividend of INR 15 (INR Fifteen) per Equity Share of INR 5 (Five) each for the Financial Year 2024-25 subject to the approval by Members,' the company said in a previous filing to the exchanges. ADVERTISEMENT In the past 12 months, Persistent Systems has declared an equity dividend amounting to Rs 20 per share, and at a share price of Rs 5,661.50, Persistent Systems' dividend yield is 0.35%.The board of R R Kabel had announced a final dividend of Rs 3.5 per share, fixing July 14 as the record date. ADVERTISEMENT 'Pursuant to Regulation 42 of the SEBI Listing Regulations, the Company has fixed the 'Record Date' for the payment of final dividend as follows: Monday, 14 July 2025 : Determination of Members eligible for payment of final dividend of Rs. 3.50/- per equity shares (i.e. 70% of the face value) for FY 2024-25,' the company had informed to the stock the past 12 months, R R Kabel has announced an equity dividend of Rs 5.50 per share. With a share price at Rs 1,343.90, the dividend yield stands at 0.41%. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
10-07-2025
- Business
- Time of India
MGL shares in focus following NCLT nod for amalgamation with Unison Enviro
Shares of Mahanagar Gas Ltd (MGL) are likely to be in focus on Thursday, July 10, after the National Company Law Tribunal (NCLT) approved the proposed Scheme of Amalgamation between MGL and its wholly owned subsidiary, Unison Enviro Private Ltd . As per an official update, the Mumbai Bench of the Hon'ble NCLT passed an order on July 9, sanctioning the amalgamation scheme. The scheme involves the merger of Unison Enviro with its parent MGL, along with their respective shareholders. 'This is in continuation of our earlier intimations dated October 24, 2024 and November 11, 2024 and pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI Listing Regulations regarding the Scheme of Amalgamation of Unison Enviro Private Limited, wholly owned subsidiary ('Transferor Company') with its holding company, i.e. Mahanagar Gas Limited ('Transferee Company') and their respective shareholders ('the Scheme'),' the company said in an exchange filing. The company clarified that the certified copy of the NCLT order is still awaited. The scheme will become effective upon filing the certified copy of the order with the Registrar of Companies by both MGL and Unison Enviro. MGL had previously intimated the exchanges about this proposed amalgamation in October and November, in line with the regulations. Live Events Also read: Q1 results boom: 11 companies set to double profits with up to 2,500% surge. Own any? MGL share price history Over the past year, the shares of MGL have declined by 10.49%. However, on a year-to-date (YTD) basis, it has gained 16.07%. In the last 6 months, the stock rose 16.90%, while over a 3-month period, it delivered a strong gain of 19.50%. For the past 1 month, the stock is up by 5.08%. On Wednesday, MGL shares closed 1.7% lower at Rs 1,488.35 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Standard
05-07-2025
- Business
- Business Standard
Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday 02Nd July 2025
In reference to captioned subject we hereby inform you that the Board of Directors of the Company in their meeting held on today i.e. Wednesday 02nd July 2025 at the Registered Office of the Company which commenced at 5.00 p.m. and concluded at 6.30 p.m. have inter alia considered and approved the following business matters:- Appointment of Mr. Latesh Poojary (DIN: 10414863) as an Executive Director (Additional Director) of the Company with effect from 02nd July 2025. Details required pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11 2024 is enclosed as Annexure.
