R Systems hits upper circuit on Blackstone open offer to buy majority stake
Blackstone is buying the promoters' stake for Rs 245 per share, a premium of about 4% on the previous close price of Rs 235.8 per share. The promoters will get around Rs 1,496.95 crore for their 52% stake.
Corporate Radar: Dividends, Q4 results, reverse-stock split & more
Shares of IIFL Wealth Management and Advani Hotels & Resorts will go ex-dividend today. While IIFL Wealth had announced an interim dividend of Rs 20 per share, Advani Hotels had announced an interim dividend of Rs 1.4 per share.
R Systems rallies 15% as board to consider share buyback
The company board is set to meet on Friday, August 6, to consider the proposal for buyback of equity shares of the company, quantum and mode of buyback, it said in a regulatory filing.