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India Inc to go slow on share buybacks in bid to conserve cash
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MUMBAI : India Inc., which rushed to announce share buybacks as stocks fell initially because of the impact of covid-19, is now expected to go slow on this to conserve cash with businesses continuing to be impacted by the nationwide lockdown.
Mint reported on 19 March that several cash-rich companies and their promoters were planning to announce share buybacks to…
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ITC share price: Share market update: FMCG shares trade lower; ITC dips over 3%
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NEW DELHI: FMCG shares were trading lower in Monday’s session.
Shares of ITC (down 3.59 per cent), Emami (down 2.91 per cent), Hindustan Unilever (down 2.29 per cent), Nestle India (down 2.05 per cent), Godrej Consumer Products (down 1.97 per cent), Jubilant Foodworks (down 1.59 per cent), P & G Hygiene (down 0.85 per cent), Colgate Palmolive (India) (down 0.78 per cent) and United…
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Promoters will bring down pledge in Emami Ltd by March 2021: Mohan Goenka - ET Retail
Promoters will bring down pledge in Emami Ltd by March 2021: Mohan Goenka – ET Retail
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KOLKATA: Emami Group promoter director Mohan Goenka said the promoters are going to bring down their pledge in the flagship FMCG arm Emami Ltd to zero by March 2021.
He said the promoters would require Rs 500-600 crore in addition to the money coming from the just signed Rs 5,500 crore deal with Nuvoco Vistas Corporationto sell the cement business to completely clear the Rs 3,000 crore…
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Emami Ltd - Dilution of Promoters Stake
Emami Ltd – Dilution of Promoters Stake
Why Emami Promoters Are Selling Their Stake? Introduction
The Emami Group promoters have sold 10% stake in Emami Ltd for raising around Rs.1,230 Cr resulting into the dilution of promoters stake in the company. Funds are raised for reducing the debt at the promoter level.
Emami Ltd – Dilution of Promoters’ Stake About The Emami Group
Emami Group, established in the 1970s, is an…
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Emami Group promoters sold 10% stake in the FMCG flagship to raise Rs.1,600 crore
Emami Group promoters sold 10% stake in the FMCG flagship to raise Rs.1,600 crore
Emami Group promoters on Monday sold 10 per cent stake in the FMCG flagship in a block deal to raise Rs.1,600 crore from a group of investors which includes SBI Mutual Fund, PremjiInvest, Amundi, IDFC and L&T Mutual Fund amongst others which will help reduce promoter debt.
The tax refunds following favourable court orders would eventually pave the way for the custodian to release the assets…
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Emami Group promoters sold 10% stake in the FMCG flagship to raise Rs.1,600 crore
Emami Group promoters sold 10% stake in the FMCG flagship to raise Rs.1,600 crore
Emami Group promoters on Monday sold 10 per cent stake in the FMCG flagship in a block deal to raise Rs.1,600 crore from a group of investors which includes SBI Mutual Fund, PremjiInvest, Amundi, IDFC and L&T Mutual Fund amongst others which will help reduce promoter debt.
The tax refunds following favourable court orders would eventually pave the way for the custodian to release the assets…
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Company Analysis-Emami Ltd
Finanacial Analysis Review and SWOT analysis prepared by SKBKS for “Emami Ltd.” contains company overview, key facts, SWOT analysis, key management information, primary and secondary business, geographic presence, product portfolio, key strategic initiatives and developments, overall financial status, and similar company data. Apart from providing data,SKBKS also makes an analysis of the data…
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