Inox Wind board approves 3:1 bonus share issue

[ad_1] Inox Wind (IWL) on Thursday announced that its Board of Directors has proposed the issuance of bonus shares of 3:1 (three bonus equity shares for every one existing equity share) out of the company’s accumulated reserves.The bonus shares shall be issued to the...

Byju’s rights issue: NCLT members divided on interim order, refers case to president

[ad_1] The Bengaluru bench of the National Company Law Tribunal (NCLT) has referred the case of embattled edtech Byju’s rights issue to the president of the tribunal owing to a difference of opinion between the members of the Bengaluru bench....