Titan Company increases stake in subsidiary: The company has purchased 9,45,000 equity shares from one of the shareholders of Carat Lane Trading, a subsidiary of the company, thereby increasing its stake in Carat Lane by 2.8 percent to 72.3 percent.
Shares of Ujjivan Financial Services fell nearly 8 percent on August 19 after the company's decision to launch IPO of Ujjivan Small Finance Bank. Analysts feel the listing of bank is negative for shareholders of microfinance lender.
Shares of Ujjivan Financial Services fell nearly 8 percent on August 19 after the company's decision to launch IPO of Ujjivan Small Finance Bank. Analysts feel the listing of bank is negative for shareholders of microfinance lender.
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