THE EXIT WILL take place in two phases. Lence will buy 31.06% stake held by ACL through a call and put option, while Adani Enterprises will divest 13% of its shareholding to ensure compliance with the minimum public shareholding norms.
"The price of shares is to be mutually agreed by the parties in writing, provided that such price per share shall not exceed ₹305," disclosures filed by Adani Wilmar to the exchanges regarding the sale of ACL's shareholding in the FMCG JV indicated.
Bu hikaye Financial Express Ahmedabad dergisinin December 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Ahmedabad dergisinin December 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
White-collar hiring up 9% in December
HIRING FOR white-collar jobs in India rose 9% in December compared to the same month in the previous year, a survey released on Thursday showed.
Manu, Gukesh Among 4 to Be Awarded Khel Ratna
DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.
Climate change mitigation needs funding
IE THINC FOURTH EDITION: OUR CITIES
Captain Rohit to miss Sydney Test, 'opts to rest'
THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.
Norms for capex release...
THE BALANCE OF ₹55,000 crore is untied advances to states for projects identified by the states.
Indices soar nearly 2%
EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.
When big idea met big tech
AI IN ADVERTISING
Rein in tax terrorism
WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS
H-1B Visa Flip-Flop
Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future
Lessons from Manmohan Singh
Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister
