Kotak Investment Banking, a subsidiary of Kotak Mahindra Bank, has announced the appointment of Shubham Majumder as executive director. Shubham will lead coverage for the media and education sectors. He will also jointly head the telecom sector with Jatin Bery, executive director, Kotak Investment Banking. Shubham was previously with Nomura where he was a part of the investment banking team and headed the telecom, towers, media and technology verticals.
SBT declares interim dividend of R16 a share
State Bank of Travancore (SBT), an associate of the SBI, on Wednesday declared an interim dividend of R16 per share for 2011-12. The board of the bank has decided to give dividend at the rate of 160% on the face value of R10 to its shareholders, SBT said in a filing to the BSE. The date of payment of the interim dividend is April 10, it said.
SBBJ board declares interim dividend
State Bank of Bikaner and Jaipur (SBBJ) has informed BSE that the board of directors of the company has declared interim dividend for FY 2011-12 at the rate of 145%, which amounts to R14.50 per share on equity shares of R10 each.
LIC Housing Fin allots 3 cr shares to parent co
LIC Housing Finance has informed the BSE that following the approval by its shareholders, the preferential issue committee has allotted 3 crore equity shares at a premium of R268 per share to LIC of India, promoter of the company on preferential basis.
Goa Carbon board to consider dividend
Goa Carbon has informed BSE that a meeting of the board of directors of the company will be held on April 17 to consider audited financial results of the company as well recommend dividend on equity shares.