TFS Financial CFO Meredith Weil sells $102,743 in stock

Sunshine Pictures IPO will be listed today at 10:00 IST, with an estimated share price of ₹410, 13.89% above the IPO price. The offering was heavily subscribed, reflecting strong investor interest, as analysts predict sustainable growth and profitability for the company.

The expansion has taken Pride Hotels’ portfolio to 40 properties, including eight owned hotels and 32 managed properties. The company has also signed contracts for another 32 hotels, which are expected to open over the next one-and-a-half to two years, taking its portfolio to about 72 properties.

There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries