IDC Recommends Open Offer Price of Rs. 29 for Niraj Cement Structurals Shares
The Independent Directors Committee (IDC) has issued a recommendation regarding an open offer concerning Niraj Cement Structurals Limited. The committee found the open offer price of Rs. 29.00 per fully paid-up Equity Share to be fair and reasonable.According to the IDC, the justification for the offer price rests on several points:
The offer price of Rs. 29.00 per fully paid-up Equity Share was deemed reasonable compared to the volume-weighted average market price of shares sixty trading days immediately preceding the date of the public announcement. The pricing is also in accordance with relevant regulations prescribed.
Regarding the composition and independence of the committee, a report noted that none of the IDC Members have any relationship with the Acquirer. Furthermore, no member has any ownership contracts or security interests with the Acquirer.
Canara Robeco Declares IDCW for Multiple Funds as of July 27, 2026
The Board of Directors of CRMF Trustee Private Limited has declared Income Distribution cum Capital Withdrawal (IDCW) across several schemes managed by Canara Robeco Mutual Fund (CRMF). The distribution is based on the declaration made by the Board.Key details regarding the IDCW declarations are provided below, with figures reported as of July 27, 2026:
| Scheme Name | Investment Plan/Option | IDCW Percentage | Face Value per Unit | NAV Per Unit (as on 27/07/2026) |
|---|---|---|---|---|
| Canara Robeco Consumption Fund | (Payout/Reinvestment) | 2.29 | Rs. 10/- | Rs. 4597 |
| Canara Robeco Consumption Fund | Direct Plan - IDCW (Payout/Reinvestment) | 4.22 | Rs. 10/- | Rs. 84.93 |
| Canara Robeco Focused Fund | (Payout/Reinvestment) | 0.88 | Rs. 10/- | Rs. 17.46 |
| Canara Robeco Focused Fund | Direct Plan - IDCW (Payout/Reinvestment) | 0.95 | Rs. 10/- | Rs. 18.99 |
| Canara Robeco Value Fund | Regular Plan - IDCW Payout/Reinvestment | 0.84 | Rs. 10/- | Rs. 16.74 |
| Canara Robeco Value Fund | Direct Plan - IDCW (Payout/Reinvestment) | 0.91 | Rs. 10/- | Rs. 18.07 |
| Canara Robeco Multi Cap Fund | Regular Plan - IDCW (Payout/Reinvestment) | 0.70 | Rs. 10/- | Rs. 13.91 |
| Canara Robeco Multi Cap Fund | (Payout/Reinvestment) | 0.73 | Rs. 10/- | Rs. 14.53 |
| Canara Robeco Short | Regular Plan - Monthly IDCW (Payout/Reinvestment) | 50.U0 | Rs. 10/- | Rs. 15.8354 |
| Canara Robeco Short | Direct Plan - Monthly IDCW (Payout/Reinvestment) | 0.06 | Rs. 10/- | Rs. 78.5082 |
| Canara Robeco Conservative | Regular Plan - Monthly IDCW Payout/Reinvestment | 0.10 | Rs. 10/- | Rs. 12.4102 |
| Canara Robeco Conservative | Direct Plan - Monthly IDCW Payout/Reinvestment | 0.10 | Rs. 10/- | Rs. 16.1299 |
| Canara Robeco Equity Hybrid Fund | Regular Plan - Monthly IDCW (Payout/Reinvestment) | 0.65 | Rs. 92.05 | |
| Canara Robeco Equity Hybrid Fund | Direct Plan - Monthly IDCW (Payout/Reinvestment) | 0.60 | Rs. 10/- | Rs. 130.64 |
The notice also stipulated that the NAV of any IDCW option may decrease to account for payout and statutory levy, if applicable. Record Date for distribution is July 31, 2026.
ADVANIHOTR Stock Price Movement
Advani Hotels & Resorts (India) Limited shed 0.55% in trading today, settling at ₹51.19 after a day of decline. The shares traded within an intraday range marked by a high of ₹52.64 and a low of ₹51.01.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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