The affirmation is grounded in Fitch's expectation of Bharti's continuous improvement in EBITDA net leverage, driven by robust cash flow growth, and its capacity to fund considerable 5G-related capex alongside shareholder returns.
The company plans to offer 321,500,000 new shares while 321,500,000 shares will be sold by selling shareholder, Investcorp SA. The subscription will be open from November 2 to November 9, 2023
On April 10, 2023, DEWA's shareholders authorised and delegated the Board of Directors of DEWA to pay a cash dividend of AED 3.1 billion (6.2 fils per share) for the first half of 2023 in October 2023.
Mumbai (Maharashtra) [India], October 9: Mumbai-based BSE SME listed company Growington Ventures India Limited promoted by CA Vikram Bajaj is soon likely to migrate to the main board of BSE Ltd from the SME Platform of BSE. The company also received the shareholders' approval for the same. T
New Delhi [India], September 30: Azure Power Global Limited (the "Company" or "Azure"), an independent sustainable energy solutions provider and renewable power producer in India, today announced that it held its 2023 Annual Meeting of Shareholders on September 29, 2023 at its New Delhi offi
Mumbai (Maharashtra) [India], September 23: Funds advised by Convergent Finance LLP (‘Convergent’) have participated in Hindustan Foods Limited’s (‘HFL’) preferential allotment with an investment of INR 1,600 million (USD 19 million). The investment, after the preferential allotment is appro
Mumbai (Maharashtra) [India], September 22: Glenmark Pharmaceuticals Limited ("Glenmark Pharma"), a research-led, integrated, global pharmaceutical company has entered into a definitive agreement with Nirma Limited to divest 75% stake in its subsidiary, Glenmark Life Sciences Limited ("GLS")
Borouge Plc hosted a General Assembly meeting, where shareholders voted to approve an interim dividend of 650 million USD (AED2.38 billion) for the first half of 2023, equivalent to 7.9 fils per share