After the announcement of the massive ₹15,000 crore buyback by Wipro, investors were eagerly waiting for the official record date notification. Now, the company has officially announced the Record Date as 5 June 2026 for its buyback offer. This update is important for investors planning to participate in the tender offer and evaluate potential buyback benefits. Wipro Buyback 2026 – Updated Key Details Particulars Details Company Wipro Ltd Buyback Size ₹15,000 Crore Buyback Price ₹250 per share Buyback Type Tender Offer Record Date 5 June 2026 Current Market Price Around…
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Muthoot Fincorp NCD February 2026
Investors searching for high-return fixed income investments in 2026 should closely evaluate the Muthoot Fincorp Limited Tranche I Secured NCD Issue. Offering returns up to 9.10% per annum, this public issue stands out as a strong alternative to traditional bank fixed deposits. Backed by an AA-rated NBFC, these NCDs provide regular income, capital protection through security, and listing on BSE for liquidity. Muthoot Fincorp NCD 2026 – Key Details Particulars Details Issuer Muthoot Fincorp Limited Issue Type Secured Redeemable Non-Convertible Debentures Issue Opening Date 3 February 2026 Issue Closing Date…
Read MoreLaxmi India Finance Ltd. IPO
🏦 Company Profile Laxmi India Finance Limited is a Jaipur‑based non‑deposit-taking NBFC, categorized as an RBI NBFC‑Middle Layer. It originally operated as a proprietorship in the 1990s and became a public limited company in August 2024. It primarily lends to MSMEs, vehicles, construction, and small‐ticket retail customers, emphasizing financial inclusion and underserved markets. Strengths & Considerations ✅ Strengths Focus on MSME financing, which offers both growth and Priority Sector Lending advantage. Well-capitalized, expanding branch footprint across five states, and improving borrowing costs via diverse lender pool (~47 lenders). Strong profit momentum…
Read MoreTravel Food Services Ltd. IPO
Travel Food Services Ltd. (TFS) is a Mumbai-based operator specializing in Travel QSR (quick-service restaurants) and airport lounges, primarily across Indian and Malaysian airports, with a fast-growing presence in the travel food & beverage sector. Here’s a detailed look: 🛬 Overview & Operations Founded in 2009, TFS is promoted by SSP Group plc (listed FTSE 250) alongside the Kapur Family Trust—holding 49% and 51% stakes respectively. As of June 30, 2024, TFS operated: 397 Travel QSR outlets (335 in 14 Indian airports, 30 across 2 Malaysian airports, and 32 highway…
Read Moreटैक्स दक्षता बढ़ाएँ: वित्तीय वर्ष के अंत से पहले लॉन्ग-टर्म और शॉर्ट-टर्म लाभ समायोजन करे…
जैसे-जैसे वित्तीय वर्ष समाप्त होने को आता है, निवेशकों को अपने पोर्टफोलियो की समीक्षा करनी चाहिए ताकि वे अपने टैक्स देनदारियों को अनुकूलित कर सकें। सबसे प्रभावी रणनीतियों में से एक है लॉन्ग-टर्म और शॉर्ट-टर्म पूंजीगत लाभों को मौजूदा हानि के साथ समायोजित करना। इस प्रक्रिया को टैक्स-लॉस हार्वेस्टिंग कहा जाता है, जिससे टैक्स बोझ कम होता है और निवेश पोर्टफोलियो संतुलित रहता है। पूंजीगत लाभ और हानियों की समझ 1. शॉर्ट-टर्म कैपिटल गेन (STCG): 12 महीने से कम समय के लिए रखी गई परिसंपत्तियों से प्राप्त लाभ आपकी लागू…
Read MoreApply for Refund Under GST by an Unregistered Person
Decisions taken by the Council was for the government to lay down the rules for unregistered persons to file a refund application under GST. This decision was taken due to some transaction where an unregistered buyer had entered into a construction agreement or contract with a builder, but the said contract had been subsequently cancelled. Another situation could arise where long-term insurance policies are cancelled where the entire premium had been paid upfront. Who is take refund as an unregistered person -Unregistered person of construction services In this case, unregistered persons…
Read MoreGST Composition Scheme and Concession Tax Scheme
Composition Scheme is a simple and easy scheme under GST for taxpayers. In which small taxpayer pay tax a concessional rate instead on normal tax rate and they are also not eligible to take input tax credit. Who is eligible to opt GST composition Scheme Following Person is eligible for composition Scheme and Concession Tax Scheme Basis Composition SchemeU/s 10(1) & 10(2) Concessional Levy SchemeU/s 10(2A) 1 Optional Scheme It is an Optional Scheme It is an Optional Scheme 2. Eligible Person >Manufactures [Other than notified Goods]-Ice cream,…
Read MoreAMC list for Kfintech & Cams
RTA expands to Registrar and Transfer agents. RTAs help mutual fund companies with record maintenance. RTAs give investors a single-window reference for all their mutual fund investment-related information. They are private firms and are registered with the Securities and Exchange Board of India (SEBI) Registrar and Transfer Agents (RTAs) play a crucial role in the functioning of mutual funds. They are intermediaries responsible for maintaining investor records, processing transactions, and providing various support services to mutual fund investors. Here are two major well-known RTAs in India: CAMS (Computer Age Management…
Read MoreUpdate Nomination in Mutual Fund Folios…
Further, to our earlier communication, request you to kindly guide your individual investors to update their nomination details in their respective folios for successful processing of their transactions and avoid any rejections at the RTA. The link shared by the RTAs wherein the investors can update the same directly are attached for your reference. Link for CAMS RTA to update the nomination in existing folios: https://www.camsonline.com/Investors/Service-requests/Nomination/Nomination-Opt-in_&_Opt-out Link for Kfintech RTA to update the nomination in existing folios: https://mfs.kfintech.com/investor/general/NCTNomineeUpdation#
Read MoreMost Important… Mail & Mobile Verification for your KYC…
Dear Investor, With reference to the SEBI Circular “SEBI/HO/MIRSD/DoP/P/CIR/2022/46” dated April 06, 2022, where SEBI has granted an additional 15 days of timeline to the KRAs, from the original date of implementation [May 01, 2023] new guidelines are to be followed by KRAs (KYC Registration Agency) to validate the records of clients (existing as well as new) whose KYC has been completed using Aadhaar as an OVD (Officially valid document). As a part of the validation process, mobile number/email id available or registered in the KRA records for the investor(s) PAN must be validated…
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