Navratri Share Trading Private Ltd bought 10,11,034 shares of Ajooni Biotech Ltd (AJOONI) at Rs 7.05 per share. Multiplier Share & Stock Advisors Private Ltd bought 2,10,000 shares of Baheti Recycling Ind Ltd (BAHETI) at Rs 97.80 per share. Hermes Global Fund sold 75,12,322 shares of Cerebra Int Tech Ltd (CEREBRAINT) at Rs 21.88 per […]
Several companies opt to do a buyback of shares via the open market—stock exchange—route. This route is prone to misuse, with the tender route being a more efficient way of returning surplus funds to the shareholders. Sebi is revisiting the rules on buybacks. Shobhana Subramanian looks at what the experts have recommended. The routes to […]