AGM

Highlights from RIL’s 46th AGM: Here’s what’s in store for the future

The article covers the key highlights and announcements from the 46th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) held on August 28, 2023. Some of the major announcements include the launch of JioAir Fibre on September 19, 2023, Jio Financial Services’ foray into the insurance segment, and the induction of Isha, Anant, and Akash Ambani into the board of directors of Reliance Industries. The AGM was held just weeks after the listing of Jio Financial Services on India’s stock exchanges.

HUL Chairman says company added nearly Rs. 33,000 crore as incremental turnover last decade

HUL has also added nearly Rs 33,000 crore as incremental turnover and over Rs 9,500 crore as incremental EBITDA said the company.

BCCI appoints 1983 champion Roger Binny as the new Chief

RIL’s 45th AGM meet: Here’s what to expect

Reliance Industries Limited (RIL) will hold its 45th Annual General Meeting (AGM) on August 29.

BPCL approves employees stock option at one-third market price

State owned Bharat Petroleum Corp Ltd (BPCL) has approved to offer its employees stock options at one third of the market price ahead of its privatisation as Expression of Interest (EoI) which is due on September 30. The board of BPCL "approved the proposed Employee Stock Purchase Scheme (ESPS) to the specified employees through the trust mechanism, subject to the approval of the shareholders".

South Indian Bank to raise Rs 1,250 crore through combination of equity and debt instruments

South Indian Bank on Friday said its board has approved raising up to Rs 1,250 crore through a combination of equity and debt instruments. Rs 750 crore will be raised through issuance of equity instrument and Rs 500 crore will be raised through debt instruments. The Board also granted 1,50,000 options to Sri. V G Mathew, Managing Director & CEO under the 10th Tranche of SIB ESOS- 2008.