Dividend stocks 2023: Shares of Kovilpatti Lakshmi Roller Flour Mills Ltd, R Systems International Limited, Rajesh Exports Ltd, Sarthak Metals Ltd, Alphalogic Techsys Ltd, and SM Auto Stamping Ltd will be in focus when the stock market opens on Friday. In a stock exchange filing, Kovilpatti Lakshmi Roller Flour Mills said: “The Board of Directors has recommended a dividend of …
Shares of R Systems International rose more than 15 percent to stand at Rs 271.10 apiece on BSE at the end of the trading session today, 17 November. At present, Dr. Satinder Singh Rekhi and the other promoters have around 52 percent stake in R Systems, which Blackstone is going to acquire for Rs 245 per share. Definitive agreements have …
US investment fund Blackstone Inc said on Thursday that it would buy a 52% stake in Indian IT services company R Systems International for $359 million. Private equity funds managed by Blackstone have signed definitive agreements with Satinder Singh Rekhi and other current promoters to purchase a majority stake in R Systems International Limited, the companies said in a statement. …