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STOCKS IN ACTION 23 APRIL
Indian Overseas Bank: The company will raise up to Rs 1,000 crore via debt and Rs 5,000 crore
via equity.
Patel Engineering: The board approved the opening of the QIP issue at a floor price of Rs 59.5 per share, which is a 10% discount to the current market price. The company may offer a discount of
up to 5% on the floor price.
Wipro: The company's step-down unit, Synchrony Global, has been voluntarily dissolved effective
today.
Hero MotoCorp: CTO Arun Jaura resigned from his position effective April 30.
IndusInd Bank: The company launched the pilot of programmable central bank digital currency in collaboration with Circularity Innovation Hub India.
R R Kabel: The Board approved the termination of Dinesh Aggarwal as CEO, effective today. The roles and responsibilities of the CEO will be taken over by Shreegopal Rameshwarlal Kabra, MD of the company.
KP Energy: The company received a 9 MW wind power project order from Bhathwari
Technologies.
Pantanjali Foods: The company incorporated two wholly owned subsidiaries, Contemporary Agro and Rishikrishi Farming for Rs 20 lakh each.
HPL Electric and Power: The company launched a new product, HPL Fans, in SAARC countries, the Middle East and African countries.
Redtape: The company commenced online operational activity from its new warehouse situated in Bhiwandi.
INOX WIND: BOARD MEETING ON APRIL 25 TO CONSIDER ISSUANCE OF BONUS EQUITY SHARES TO SHAREHOLDERS OF COMPANY
HERO MOTOCORP: CO SAYS CHIEF TECHNOLOGY OFFICER (CTO) ARUN JAURA RESIGNS W.E.F APRIL 30
MUFIN GREEN FINANCE: BOARD MEETING ON APRIL 26 TO CONSIDER RAISING OF FUNDS BY PRIVATE PLACEMENT OF NON-CONVERTIBLE DEBENTURES
WIPRO: CO SAYS SYNCHRONY GLOBAL SDN. BHD., STEPDOWN UNIT OF CO HAS BEEN VOLUNTARILY DISSOLVED
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STOCK IN ACTION 22 APRIL
Dr. Reddy's Laboratories: The company launched the condition management programme
DailyBloom IBS, India's first integrated care plan for irritable bowel syndrome.
Tata Steel: NCLT has approved the amalgamation of Angul Energy with the company.
Central Bank of India: The company signed an agreement with Aditya Birla Sun Life AMC for the distribution of mutual fund products.
Laurus Labs: The USFDA completed an inspection of the company's API manufacturing facilities in Andhra Pradesh. The inspection was conducted from April 15 to April 19. The inspection was successfully closed without any 483 observations.
NTPC: The company's arm, NTPC Green Energy, signs a pact with Indus Towers to create a joint venture for green energy objectives. The company and Indus Tower JV will explore renewable energy projects. The company plans to have 60 GW of renewable energy capacity by 2032.
KPIT Technologies: The company completed the acquisition of PathPartner Technology for Rs 191 crore.
Aditya Birla Fashion And Retail: The board approved the demerger of the Madura Fashion and Lifestyle business into a separate listed entity, Aditya Birla Lifestyle Brands.
Allcargo Gati: The total volume, including surface and air express, stood at 111 kt, up 3% YoY.
Sterlite Technologies: The arbitrator rejected a claim worth Rs 145 crore against BSNL.
Ujjivan Small Finance Bank: The company received approval from the National Company Law
Tribunal for the Scheme of Amalgamation with Ujjivan Financial Services.
Sanghvi Movers: Sham Dattatraya Kajale, joint MD and CFO, has stepped down from the position of joint MD and will be continuing as CFO.
Lupin gets USFDA nod to launch generic tablet to treat overactive bladder
InfoEdge re-appoints Geeta Mathur as independent Director of the company
JSWEnergy | Arm JSW Neo Energy gets letter of award for 700 MW ISTS connected solar capacity from NTPC
HDFC bank plans to raise ₹60,000 crore via debt instruments
HDFC Bank Q4 results: Net profit remains flat as provisions rise, lender announces dividend of ₹19.5 per share
Axis Bank devalues select credit cards, introduces new reward exclusions, lounge access rules from today
UltraTech Cement to buy grinding unit from India Cements for ₹315 crore
UltraTech Cement will buy a grinding unit with installed capacity of 1.1 mtpa from India Cements For Rs 315 crore. The company has entered into an Asset Purchase Agreement with the seller for the aforesaid transaction.
Reliance Jio Q4 result preview: Nearly 11 mn subscribers addition likely; all eyes on tariff hike, IPO plans
Zomato gets GST demand & penalty order of ₹11.81 crore for a period of July 2017 to March 2021
ICICI Bank to consider raising funds via debt securities
IREDA Q4 Results | Net profit jumps 33%, net interest income up 35%
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