Consequent to buyback of shares, there will be change in the shareholding pattern. This could alter the controlling interest in the company without ensuring compliance with prevalent government regulations for increase in shareholding. Consider the following illustration: Illustration 1: Company A is a publicly listed company and Company B is a Joint venture which is closely held. If there is [...]
In this article we will discuss about:- 1. Meaning of FCCBs 2. Advantages of FCCBs 3. Disadvantages of FCCBs 4. Foreign Currency Exchangeable Bonds (FCEBs). Meaning of FCCBs: A FCCB is issued as a bond by an Indian company is expressed in foreign currency and the principal and interest too are payable in foreign currency. The maximum tenure of the [...]
In this article we will discuss about hardware and software restructuring of a company. Hardware Restructuring: This involves redefining, dismantling, or modification of the existing structure of the organization. The major areas of the 'hardware' restructuring are as follows: 1. Identification of Core Competency: This involves a detailed analysis of the inherent strengths of the company in area vis-a-vis the [...]