Prajna Capital - An Investment Guide

AN OPEN offer can take place if any of the promoters of a company want to increase their stake or if non-promoters increase their stake to 15% or the company is going to delist from the stock exchange. An open offer is nothing but the exit route, which is given to the existing shareholders by the acquirer of shares through a public announcement. AN OPEN offer can take place if any of the promoters of a company want to increase their stake or if non-promoters increase their stake to 15% or the company is going to delist from the stock exchange. An open offer is nothing but the exit route, which is given to the existing shareholders by the acquirer of shares through a public announcement. What are the requirements for making an open offer? For making an open offer, an acquirer is required to make a public announcement, which should include offer price, number of shares to be acquired from the public, purpose of acquisition, identity of the acquirer, future plans, details about target com...

THE LAST few months have seen tumultous movement in the stock exchanges forcing eager investors to play it safe. With interest rates from banks slipping, investors are prone to look at alternatives. In recent times, especially over the last few days, some banks have also taken the decision to hike interest rates with some offering as much as 9% for a one-year fixed deposit ( FD ). This move (of hiking interest rate) has happened due to a 0.25% hike in repo rate by the RBI (the repo rate is the rate at which banks borrow from the RBI). So is investing in a one-year bank FD the best way to earn some secure return? Not necessarily, aver investment experts. The product which many investors, be it high-networth individuals ( HNIs ) or retail investors could look at is the fixed maturity plan ( FMP ). FMPs are offered by mutual funds. “FMPs have come of age during the last fiscal. It has moved from a product being sold to corporate with even HNIs jumping into the bandwagon,” says the region...