Tata Motors DVRs to be cancelled: What it means for holders; how should one trade?

July 26, 2023

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.

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Arkade Developers listing: After a bumper IPO response, GMP signals a strong debut on Tuesday

Shares of Arkade Developers have been heavily subscribed, over 100 times, and are set to debut on the exchanges on Tuesday. Ahead of the listing,

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Reliance Power board approves preferential issue worth Rs 1,525 crore

Reliance Power’s board has approved issuing up to 46.20 crore equity shares/warrants worth Rs 1,525 crore via preferential allotment at Rs 33 per share. The

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