Coromandel International ka Algavista: Promoter group se Nikla, ab Public Shareholder! Kya hai scene?

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AuthorRiya Kapoor|Published at:
Coromandel International ka Algavista: Promoter group se Nikla, ab Public Shareholder! Kya hai scene?
Overview

Yo! Coromandel International ke liye ek update hai. Unki company, Algavista Greentech Private Limited, ab promoter group mein nahi rahi, seedha public shareholder ban gayi hai. NSE aur BSE dono ne isko green signal de diya hai, kyunki Algavista ke khud ke shareholding mein kuch changes aaye the.

Toh hua kya hai, samjhata hoon.

Algavista Greentech, jo agriculture related kaam karti hai, uske shareholding mein ek bada game hua. E.I.D.-Parry (India) Limited, jo Coromandel International ke promoter group ka part thi, usne Algavista mein apna 50% stake bech diya E.I.D.-Parry ke joint venture partner, Synthite Industries Private Limited ko. Is deal ke baad, Algavista ab Coromandel International ke promoter group criteria meet nahi karti, aur na hi Coromandel mein uske koi shares hain.

Is situation ko dekh kar, Algavista ne Coromandel se kaha ki unhe promoter group se hata kar public shareholder bana de. Coromandel ka board bhi agree ho gaya aur stock exchanges ko application bhej di. Ab finally, National Stock Exchange (NSE) aur Bombay Stock Exchange (BSE) ne is re-classification ko approve kar diya hai. Yeh sab SEBI ke LODR Regulations ke rules ke hisaab se ho raha hai. Is move se company ki transparency aur corporate governance strong hogi. Ab Algavista officially public shareholder hai, promoter group se bahar. Investors ko bas future disclosures par nazar rakhni hai.

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