Board of Escorts to consider preferential allotment of shares to Kubota Corporation

Image
Capital Market
Last Updated : Feb 16 2022 | 10:04 AM IST

On 18 February 2022

The Board of Escorts will meet on 18 February 2022 to consider allotment of equity shares to Kubota Corporation by way of preferential allotment; and the draft scheme of capital reduction proposing selective reduction of the issued, subscribed and paid-up equity share capital of the Company by cancelling and extinguishing all the remaining equity shares held by the Escorts Benefit and Welfare Trust (EBWT) without payment of any consideration to EBWT.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 16 2022 | 9:44 AM IST

Next Story