Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.
After acting as support for months, the 10 and 20-day exponential moving averages (EMAs) have recently been breached. These EMAs now pose resistance around 25,150-25,200,
Reliance Industries received shareholders’ approval for 1:1 bonus share and increased authorized share capital. The total percentage of votes cast in favor of the bonus
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