Shareholders of Ipca Laboratories have rejected a special resolution to grant stock options to eligible employees, key managerial personnel (KMP) and its whole-time directors, according to a regulatory filing by the company. The company through a notice of postal ballot dated February 14, 2024 had sought approval for three special resolutions, including consideration.
Open FlipThe approaching deadline of March 31, 2024, serves as a loud alarm for mutual fund holders to be prepared. One significant change impacting mutual fund investors is the requirement to undergo Know Your Customer (KYC) procedures again. Mutual fund registrar and transfer agents (RTAs) CAMS and KFintech are urging MF investors via email to ensure they comply with this essential requirement.
Open FlipChina stocks rose on Friday as optimism from evidence of state-backed buying offset lingering worries about the property sector. The Hong Kong market was closed for a public holiday. ** Sentiment was boosted by mutual fund disclosure showing state investor Central Huijin has been buying stakes in bluechip funds to bolster the market. ** But property shares fell after a string of Chinese property.
Open Flip