Sebi exempts Roshni Nadar from making open offer in two HCL entities, ET LegalWorld
Sebi on Friday exempted promoter Roshni Nadar Malhotra from making open offers in relation to proposed additional share acquisitions in HCL Technologies and HCL Infosystems. HCL Technologies and HCL Infosystems are listed on BSE and NSE. The orders came after Roshni Nadar Malhotra filed two separate applications with the regulator on September 30 and sought […]
Sebi exempts Spice Healthcare from making open offer for SpiceJet shareholders, ET LegalWorld
Markets regulator Sebi has exempted Spice Healthcare Pvt Ltd from making an open offer to SpiceJet shareholders in relation to acquisition of additional shares in the airline. On conversion of warrants that were issued to it, Spice Healthcare, a promoter group entity, would be acquiring an additional 13,14,08,514 equity shares in the airline. In this […]
GST Council exempts import services by establishment of foreign airlines, ET LegalWorld
GST Council on Monday decided to exempt the import of services by an establishment of a foreign airline company and regularise the past period on an ‘as is where is basis’. “It was decided to exempt import of services by an establishment of a foreign airlines company,” Revenue Secretary Sanjay Malhotra said. The council also […]