Tata Motors DVRs trade at a price almost half of that of ordinary shares, and therefore, provide arbitrage opportunities to investors. Under the scheme of arrangement, the DVR holders will get seven fully paid-up ordinary shares of the company, for every 10 DVRs they hold.
IPO Calendar: Primary market momentum picks up slightly with 4 issues scheduled this week
The IPO market gains momentum with four upcoming issues. Aris Infra Solutions’ mainboard IPO opens March 20-25, aiming to raise Rs 600 crore. Three SME