Jakson Green: inks pact with Rajasthan discom to supply power from upcoming 100-MW solar project

ADANI ENTERPRISES:
Inauguration of Adani Ammunition and Missiles Complex @ Kanpur, UP Today
Chief Minister of UP, Yogi Adityanath to attend the event

AXIS BANK:
Press Briefing Today 05:00 PM
Amitabh Chaudhry, MD & CEO & Ravi Narayanan, Group Executive, Head - Branch Banking To Announce Significant Business Development

TRIL: BAGS ORDER
Transformers and Rectifiers (India) Limited has been awarded orders from Power Grid Corporation of India Limited
Order for supply of 5 transformers - Total contract value of Rs 232 Crores

SHAKTI PUMPS:
BAGS ORDER Received 3rd work order under the KUSUM‐3 scheme from Haryana Renewable Energy Department (HAREDA) for 2,443 pumps The total amount of the work order is for around Rs 84.30 Crores

KOLTE PATIL DEVELOPERS:
LARGE TRADE
Promoter Entity NARESH ANIRUDHA PATIL
SOLD 15,20,088 Shares @ Rs 487.81
(As per last SHP – Promoters held 74.45% Stake in the company)
WHITEOAK CAPITAL MUTUAL FUND
BUY 409,834 Shares

ARVIND SMARTSPACES:
LARGE TRADE
KAUSALYA REALSERVE LLP
SOLD 700,000 Shares @ Rs 582
A public shareholder – as per last SHP held 28.5 Lakh Shares
ICICI PRUDENTIAL EQUITY OPPORTUNITIES FUND
BUY 465,000 Shares

@daytradertelugu

STOCKS IN ACTION 26 February

Kotak Mahindra Bank: Zurich Insurance Company plans to buy a 70% stake in Kotak Mahindra General Insurance Company for Rs 5,560 crore via primary and secondary acquisitions in a single tranche.

Zee Entertainment Enterprises: The company said its board has constituted an independent advisory committee to review the alleged widespread circulation of misinformation, market rumours and speculation about the company.

Housing and Urban Development: To reach 25% of the minimum public shareholding, the government plans to sell up to 0.17% of the stake over a period of 12 months. It currently holds 75.17% equity in the developer.

Union Bank of India: The company approved Rs 135.65 per share as the issue price of the share.
The QIP is fully subscribed.

LIC Housing: The board is to meet on March 7 to mull the FY25 borrowing budget.

JSW Infra: The company has received a letter of award from the V.O. Chidambaranar Port Authority for handling dry bulk cargo at V.O. Chidambaranar Port on a design, build, finance, Operate and transfer (DBFOT) basis through a PPP basis.

Swan Energy: The board will consider the issue price for QIP on Feb. 28.

Sanofi India: The company reported revenue of Rs 694 crore and net profit of Rs 138 crore in the December quarter.

Bharti Airtel: The company strengthened its retail footprint in Agartala, Hyderabad, Jalandhar, Chandigarh, and Vizag.

Ashok Leyland: The company acquired a 49.9% stake in TVS Trucks for Rs 24.95 crore to strengthen the company's automotive business.

KIOCL: The company's pellet plant has been suspended due to an ongoing downward trend in pellet market conditions.

Suven Pharmaceuticals: The USFDA conducted an inspection at the company's plant from Feb.
12 to 23 and no Form 483 has been issued because of the inspection.

Punjab and Sind Bank: The company will raise Rs 2,000 crore in one or more tranches via shares or bonds on Feb. 28.

Dixon Technologies: The company has launched a manufacturing unit in Uttarakhand to manufacture washing machines. The company's unit, Padget Electronics, has a pact with Compal for the manufacturing of mobile phones.

Electronics Mart India: The company commenced commercial operations for a new multi-brand store in New Delhi.

Narayan Hrudayalaya: The company has been allotted 7.26 acres of land in New Town, Kolkata for setting up a healthcare facility.

TIPS Industries: The board will consider a proposal for buyback shares on Feb. 28.

Alembic Pharma: The company resumed manufacturing operations at the Sikkim plant.

Sona Comstar: The company executed definitive documents with Cleanmax Enviro Energy for setting up a captive power-generating facility in the state of Maharashtra with a solar capacity of 4.00 MWp. The SPV has been incorporated for this purpose.


KPI Green: The Gujarat Electricity Regulatory Commission has adopted a tariff for a 200 MWac grid-connected solar project.

HUDCO: The company has signed a MoU with NBCC for effective implementation of consultancy services, asset monetization activities, and corporate social responsibility activities.

New India Assurance: AS Rajeev has resigned from the board of the company with immediate effect.