Tata Motors will create a Trust, which will receive the new ordinary shares from the company on behalf and for the benefit of each of the relevant shareholders. The issuance of shares instead of cash will help in preserving the liquidity for the company’s future growth. Besides, it will allow the holders of the ‘A’ ordinary shares to continue to participate in the company’s performance through the ordinary shares.
AstraZeneca Pharma shares rally 13%, hit 52-week high after receiving nod for cancer drug Durvalumab
AstraZeneca Pharma Share Price: The stock is trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).
September 24, 2024