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The board of directors of Eveready Industries on July 14 will consider a proposal to raise funds through issue of equity shares, debentures, warrants or any other securities (collectively referred to as QIP securities) to qualified institutional buyers on private placement basis. As scheduled, the board meet will also consider the unaudited financials of the company for the quarter ended June and recommend dividend, if any. Shares of Eveready Industries edged down about 1 per cent at ₹365.10 on the NSE.
The buyback committee of Bayer CropScience on Tuesday set August 4 as the record date for determining the entitlement and names of equity shareholders to whom letters of offer would be sent. They will be eligible to participate in the buyback, which will not exceed 12.65 lakh fully paid-up equity shares of face value ₹10. The company is offering ₹4,000 a share, payable in cash. The stock of Bayer CropScience slumped 4.7 per cent at ₹3,781.9 on the NSE.
Goa Carbon has informed the exchanges that the operations at the company’s Goa plant located at St Jose de Areal, Salcete-Goa, has been temporarily shut down from July 21. “There would not be any financial impact due to the temporary shutdown of the company’s Goa Unit on account of sufficient inventory of finished material,” it said in a statement. Shares of Goa Carbon slipped 1.9 per cent at ₹77 on the BSE.
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