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STOCKS IN ACTION 13 JUNE

Tata Power: The company strengthens its nationwide e-bus charging network with high-capacity, fast charging points.

Firstsource Solution: Prasant Nadella has resigned as President and Chief Operating Officer and Senior Management Personnel of the company.

LT Finance: Shareholders of the company are to offer 8.82 crore shares at Rs 169.7 apiece, as per Bloomberg data.

Nestle India: The board approved the continuation of royalty payments at the current rate of 4.5% to the parent company.

Amber Enterprises: The company acquired an additional 4.6% stake in IL JIN Electronics for Rs 33 crore.

Dr. Reddy's Laboratories: The company's step-down subsidiary, Dr. Reddy's USA and Ingenus Pharmaceuticals have entered into a license agreement under which Dr. Reddy's USA has licensed from Ingenus the exclusive rights to commercialise cyclophosphamide injection RTD in the United States.

Arvind: The strike at Santej Plant is called off by workers. The potential revenue loss due to the strike is Rs 180 to Rs 200 crore.

Gensol Engineering: The company received a Gujarat Urja Vikas Nigam Limited 250 MW battery energy storage project worth Rs 1,340 crore to supply electricity on an "on-demand" basis to Gujarat State's DISCOMs during peak and off-peak hours.

Whirlpool of India: The company signed a three-year joint marketing pact with HUL for product marketing and advertorials.

Exide Industries: The company invested Rs 75 crore by subscribing to the right issue of subsidiary Exide Energy Solutions. The total investment stands at Rs 2,452.24 crore.

Sobha: The company approved the rights issue to open on June 28 and close on July 4 at a price of Rs 1,651 per share.

Bondada Engineering: The company received a work order worth Rs 939 crore from NLC India for setting up a 600 MW grid-connected solar power project, including the operation and maintenance for three years.

SAKSOFT: CO EXECUTED A SHARE PURCHASE AGREEMENT TO ACQUIRE 100% EQUITY INTEREST IN AUGMENTO LABS || DEAL FOR 1B RUPEES

TATA COMMUNICATIONS: CO ANNOUNCE FIVE-YEAR HOST BROADCASTING SERVICES DEAL WITH WORLD ATHLETICS

BLS INTERNATIONAL SERVICES: BLS INTERNATIONAL FZE HAS ENTERED INTO SHARE TRANSFER AGREEMENT TO ACQUIRE 99% EQUITY SHARES OF BALOZI LIAISON SERVICES

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