MONEYCONTROL NEWS Document picture Document picture Dependence Infra Exchange WatchlistPortfolioMessageSet Alert NSELIVE 07 Jun, 2021 10:44 71.55 1.75 (2.51%) Volume 5780542 Todays L/H 70.1073.10 More Dependence Infrastructure share cost acquired more than 2% intraday on June 7 after the organization's board endorsed an arrangement to raise Rs 550 crore by means of special issue. At the gathering of Board of Directors held before in the day, the proposition of particular allocation of value offers to advertisers and Värde Investment Partners, LP, at a cost of Rs 62 each dependent on SEBI (ICDR) guidelines, was endorsed, RInfra said. at its gathering has endorsed raising of assets up to Rs 550.56 crore by special designation of up to 8.88 crore value shares and additionally warrants convertible into comparable number of value portions of the organization to advertiser gathering and VFSI Holdings 9) Promoters, Shareholding and Management Organizer and advertiser TS Kalyanaraman is the Chairman and Managing Director of the organization. He has more than 45 years of retail insight, of which more than 25 years is in the adornments business. Advertisers and advertiser bunch held 67.99 percent in the organization as of March 9, 2021. TK Seetharam and TK Ramesh are likewise advertisers of the organization and both right now are Whole-time Directors of the organization. Salil Nair is the Non-Executive Director on the board and Anish Kumar Saraf is the Non-Executive, Nominee Director. Agnihotra Dakshina Murty Chavali, Mahalingam Ramaswamy, TS Anantharaman, Kishori Jayendra Udeshi and Anil Sadasivan Nair are Independent Directors. Image21432021 Sanjay Raghuraman is the Chief Executive Officer of the organization. He is a certified expense and works bookkeeper and a certified sanctioned bookkeeper. He has roughly 14 years of involvement with retail monetary administrations and activities. Preceding joining the organization, he had worked in HDB Financial Services, Wipro and Clix Capital Services. V Swaminathan is the Chief Financial Officer of the organization. He has around 26 years of involvement with money and corporate arranging and control. Preceding kalyan chart joining the organization, he had worked with UltraTech Cement, Eaton Fluid Power, Carraro India and Reva Electric Car Company. 10) Allotment, Refunds and Listing Dates The organization and the investors partaking in proposal available to be purchased, in counsel with shipper brokers, will finish the offer portion around March 23. The discount of cash (to moor financial backers, assuming any) and unblocking of assets from ASBA record will happen around March 24. The dispensed offers will be credited to the demat records of qualified financial backers around March 25, and the offers will get recorded on bourses with impact from March 26, according to the provisional timetable in the organization's outline. Dettol logo to be supplanted by COVID-19 champion stories, says Reckitt Benckiser To be bundled as the 'Dettol Salute' packs, the new logos will be accessible for 45-60 days in five lakh stores including web based business stages, kiranas and general stores MONEYCONTROL NEWS Items created by Reckitt Benckiser; Vanish, Finish, Dettol and Harpic, are found in London, Britain February 12, 2008. (REUTERS/Stephen Hird/File Photo) Items created by Reckitt Benckiser; Vanish, Finish, Dettol and Harpic, are found in London, Britain February 12, 2008. (REUTERS/Stephen Hird/File Photo) Dettol's notable germ assurance logo is set to be supplanted, at any rate for some time, with accounts of uncelebrated COVID-19 champions including taxi drivers, home producers, medical caretakers and understudies, the brand's organization Reckitt Benckiser said. To be bundled as the 'Dettol Salute' packs, the new logos will be accessible for 45-60 days in five lakh stores including online business stages, kiranas and grocery stores, The Economic Times revealed. Reckitt local showcasing chief, South Asia, Dilen Gandhi told the paper this the first run through Dettol's logo is being supplanted and different business sectors may recreate this "India move". He added that shopper conduct could be "sped up" because of the move, however piece of the pie isn't the point. Follow our LIVE blog on the COVID-19 pandemic here The push is essential for the brand's 'Banega Swasth India' program appeared in 2013 and will make a big appearance on 4,000,000 200 ml Dettol unique fluid handwash packs, the report said. Dependence Infra shares hit 52-week high after board endorsed Rs 550 crore raise money The Board of Directors of Reliance Infrastructure Limited at its gathering has endorsed raising of assets up to Rs. 550.56 crore by particular designation of up to 8.88 crore value shares or potentially warrants convertible into comparable number of value portions of the organization to advertiser gathering and VFSI Holdings Pte. Restricted, an associate of Värde Investment Partners, LP, the organization said.