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STOCKS IN ACTION 6 SEPTEMBER

Jio Financial Services: The scrip will be excluded from the NSE Nifty 50 and other Nifty indices as of Sept. 7. Even if it hits the price band on Wednesday, the exclusion will not be deferred further.

Vedanta: The Zambian government has agreed to return ownership of Konkola Copper Mines to Vedanta Resources. Konkola Copper Mines assets have reserves of 16 million tonnes of copper.

GAIL India: The Central Bureau of Investigation has arrested KB Singh, Executive Director (ER & Projects), and a chief general manager of the company along with three others in an alleged bribery case of Rs 50 lakh in which favours were granted to a Vadodara-based company in the contract for two pipeline projects, PTI reported.

Union Bank of India, Bank of Baroda: The Indian Renewable Energy Development Agency (IREDA) has signed Memorandums of Understanding (MoUs) with the two lenders to co-finance renewable energy projects, including both established and emerging RE technologies.

NBCC (India): The construction company has signed an MoU with the Kerala State Housing Board for the development of a 17.9-acre land parcel of the board in Kochi. The project value is Rs 2,000 crore.

HDFC Asset Management Company: Amaresh Jena has resigned as Head of Marketing with effect from Sept. 8 on account of unavoidable personal reasons and exigencies.

Power Grid Corporation of India: The company was declared the successful bidder under the transmission system for evacuation of power from REZ in Rajasthan (20 GW).

Shriram Finance: The company approved and allotted senior, secured, rated, listed, redeemable, and taxable nonconvertible debentures (NCD) on a private placement basis for an issue size of Rs 75 crore plus a greenshoe option of Rs 150 crore.

SBI Card: adds new features to AURUM super premium credit card

Indian Renewable Energy Development Agency Ltd. (IREDA): has signed Memorandums of Understanding (MoUs) with UnionBankofIndia & BankofBaroda on September 5, 2023, to co-finance Renewable energy projects, including both established and emerging RE technologies

M&M FINANCIAL SERVICES: CO SAYS EXECUTED MASTER AGREEMENT FOR CO-LENDING WITH STATE BANK OF INDIA FOR PROVIDING PRIORITY SECTOR LOANS AND PERIODICAL ASSIGNMENTS OF LOAN PORTFOLIOS

NRB BEARINGS: EXCHANGE DISCLOSURES
Mirae Asset Mutual Fund
Bought Additional 31.94 Lakh Shares or 3.296% Stake Via Open Market On 4-September
Increases Holding from 4.348% to 7.644%

SBF FINSNCE: LARGE TRADE BAJAJ FINANCE LIMITED SOLD 82,50,000 Shares @ Rs 85/ Share

SAFARI INDUSTRIES:
LARGE TRADE
INVESTCORP PRIVATE EQUITY FUND II
SOLD 213,840 Shares @ Rs 3775/ Share
SBI LIFE INSURANCE COMPANY LTD
BUY 205,000 Shares

BIKAJI FOODS INTERNATIONAL:
LARGE TRADE
LIGHTHOUSE INDIA FUND III, LIMITED
SOLD 32,42,070 Shares @ Rs 480/ Share
PLUTUS WEALTH MANAGEMENT LLP
BUY 13,50,000 Shares

TATA POWER: Tata Motors Limited partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility

JUBILANT INGREVIA: Commercial Paper of Rs. 175 Crores issued on July 14, 2023, has been fully redeemed by the Company on September 05, 2023 i.e. the maturity date

SYRMA SGS: Completes Acquisition of Majority Stake in Johari Digital Healthcare Limited

MANGAKORE CHEMICALS & FERTILIZERS:
EXCHANGE DISCLOSURES
Promoter Pledge Additional 10 Lakh Shares
Take total pledge as % of share capital to 39.16%

USHA MARTIN: EXCHANGE DISCLOSURES
Promoter Usha Martin Ventures Sold 2 Lakh Shares via Open Market

NAZARA TECHNOLOGIES: BOARDMEET AGAIN
Meeting of the Board of Directors of the Company is scheduled on 07/09/2023 Tomorrow inter alia, to consider and approve Preferential issue of shares

TVS MOTORS: TVS To Unveil New Motorcycle
Buzz: Apache RTR 310 Set To Debut Today

KERNEX MICROSYSTEMS:
BOARDMEET TODAY
To Consider & Approve Raising of Funds Via Preferential Issue

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