Tata Motors announced that trading of its DVR shares would stop due to their conversion into ordinary shares. For every 10 DVR shares, investors receive seven ordinary shares. Tata Motors DVR shares have provided substantial returns over the past two years. The company’s restructuring has been approved by the National Company Law Tribunal.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home