BSE Limited Secures SEBI Approval for Re-appointment of Jagannath Mukkavilli as Director
BSE Limited has received formal approval from the Securities and Exchange Board of India (SEBI) for the re-appointment of Shri Jagannath Mukkavilli as a Non-Independent Director. This regulatory nod follows the prior approval granted by the company's shareholders during the 21st Annual General Meeting.
Shilpa Medicare Secures SEC Approval for World-First OERIS Long-Acting Injectable
Shilpa Medicare has received final approval from the CDSCO Subject Expert Committee for OERIS, a world-first extended-release ondansetron injection. The product, used for managing chemotherapy-induced nausea, offers five days of protection from a single dose and holds patent security until 2039.
Kalyani Cast-Tech Receives CBIC Approval for Shivlakha Inland Container Depot in Kutch
Kalyani Cast-Tech Limited has received a Letter of Intent from the Ministry of Finance to establish an Inland Container Depot in Shivlakha, Gujarat. This regulatory clearance anchors the company's transition into a diversified rail, manufacturing, and logistics platform.
Acutaas Chemicals Secures Indian Patent for 2,4-Dimethylthiophenol Process
Acutaas Chemicals Limited has been granted a process patent by the Indian Patent Office for its indigenously developed method to prepare 2,4-dimethylthiophenol. This grant secures exclusive rights for a 20-year term and brings the company's total patent portfolio to 11 specialized processes.
ICICI Prudential AMC Receives RBI Approval for 9.95% Stake in Four Private Banks
ICICI Prudential Asset Management Company has secured regulatory clearance from the Reserve Bank of India to increase its aggregate holding in four major private sector banks. The approval allows the AMC to acquire up to 9.95% of the paid-up equity capital or voting rights in Kotak Mahindra Bank, AU Small Finance Bank, CSB Bank, and DCB Bank.
RBI Approves ICICI Prudential AMC to Acquire Up to 9.95% Stake in AU Small Finance Bank
AU Small Finance Bank has secured regulatory approval from the Reserve Bank of India for ICICI Prudential Asset Management Company to increase its aggregate holding to 9.95%. This approval covers various schemes including mutual funds, AIFs, and PMS clients, reinforcing institutional interest in the bank.
DCB Bank Receives RBI Approval for ICICI Prudential AMC to Acquire Up to 9.95% Stake
The Reserve Bank of India has granted approval to ICICI Prudential Asset Management Company Limited to acquire an aggregate holding of up to 9.95% in DCB Bank Limited. This regulatory clearance follows a formal application by the AMC and remains subject to compliance with the Banking Regulation Act.
RBI Grants Approval to ICICI Prudential AMC for 9.95% Stake Acquisition in CSB Bank
The Reserve Bank of India has authorized ICICI Prudential Asset Management Company Limited to acquire an aggregate holding of up to 9.95% in CSB Bank Limited. This regulatory clearance allows the asset manager to increase its stake through paid-up share capital or voting rights, contingent upon compliance with the Banking Regulation Act.
LIC Receives RBI Approval to Raise Stake in ICICI Bank to 9.99 Percent
The Reserve Bank of India (RBI) has granted approval to the Life Insurance Corporation of India (LIC) to increase its stake in ICICI Bank to 9.99%. This regulatory nod allows LIC to acquire additional shares or voting rights within a one-year window, reinforcing institutional participation in the private sector lender.