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We are not SEBI registered,
Contact: Daytradertelugu@gmail.com
SpiceJet: The company will pay Rs 22.5 crore to Kalanithi Maran by Tuesday, completing the total payment of Rs 100 crore.
L&T Fin: Bain Capital to sell stake up to $102 million (₹850 Cr) in L&T Fin via block deals. Floor price is set at Rs 129.72/sh, 0.6% discount to CMP. Total shares on the blocks are likely at 6.5 cr (2.62% Eq)
There will be 90-day lock-in period following this block
Bain Capital (BC Invsts) held 4.04% stake in L&T Fin as of June 2023
Tata Steel: Reappointment of TV Narendran as Chief Executive Officer and Managing Director approved along with his payment of remuneration
TVS Motor: reappoints K N Radhakrishnan as Director & CEO effective October 23, 2023
MAHANAGAR GAS: THE GOVERNMENT PENSION FUND GLOBAL SELL 10,65,000 Shares @ Rs 1050.16/ Share
OnRadar REDINGTON INDIA:
APPLE EVENT ‘WONDERLUST’ @ 10:30 PM IST Apple Inc’s New Product Unveiling of the Year gets underway
To introduce the iPhone 15, New Smartwatches and the latest AirPods
RISHABH INSTRUMENTS:
BANDHAN MUTUAL FUND BUY 276,022 Shares @ Rs 451.29
QUANT MUTUAL FUND BUY 400,000 Shares @ Rs 462.23
NIPPON INDIA MUTUAL FUND BUY 10,00,000 Shares @ Rs 457.09
@daytradertelugu
L&T Fin: Bain Capital to sell stake up to $102 million (₹850 Cr) in L&T Fin via block deals. Floor price is set at Rs 129.72/sh, 0.6% discount to CMP. Total shares on the blocks are likely at 6.5 cr (2.62% Eq)
There will be 90-day lock-in period following this block
Bain Capital (BC Invsts) held 4.04% stake in L&T Fin as of June 2023
Tata Steel: Reappointment of TV Narendran as Chief Executive Officer and Managing Director approved along with his payment of remuneration
TVS Motor: reappoints K N Radhakrishnan as Director & CEO effective October 23, 2023
MAHANAGAR GAS: THE GOVERNMENT PENSION FUND GLOBAL SELL 10,65,000 Shares @ Rs 1050.16/ Share
OnRadar REDINGTON INDIA:
APPLE EVENT ‘WONDERLUST’ @ 10:30 PM IST Apple Inc’s New Product Unveiling of the Year gets underway
To introduce the iPhone 15, New Smartwatches and the latest AirPods
RISHABH INSTRUMENTS:
BANDHAN MUTUAL FUND BUY 276,022 Shares @ Rs 451.29
QUANT MUTUAL FUND BUY 400,000 Shares @ Rs 462.23
NIPPON INDIA MUTUAL FUND BUY 10,00,000 Shares @ Rs 457.09
@daytradertelugu
STOCKS IN ACTION 12 SEPTEMBER
Reliance Industries: KKR will invest Rs 2,069.5 crore in the company's subsidiary, Reliance Retail Ventures, increasing its stake to 1.42% from 1.17%. The deal values the retail giant at Rs 8.36 lakh crore.
ICICI Bank: The private lender has received the RBI's nod for the re-appointment of Sandeep Bakhshi as MD and CEO for three years with effect from Oct. 4.
NTPC: Subsidiary NTPC Green Energy, signed an MoU with Nayara Energy to explore opportunities in the green hydrogen and green energy space for captive usage.
Larsen & Toubro: The company has increased the buyback price to Rs 3,200 from Rs 3,000 apiece, while the number of shares has been reduced from 3.33 crore to 3.12 crore.
Power Grid Corp: The company won the bid for a 20 GW inter-state transmission project in Rajasthan on a build, own, operate, and transfer (BOOT) basis.
Lupin: The drugmaker plans to enter into a business transfer agreement with subsidiary Lupin Manufacturing Solutions to carve out two active pharmaceutical ingredient manufacturing sites at Dabhasa and Visakhapatnam and select R&D operations, including fermentation, at Lupin Research Park, Pune. The consideration expected to be received is Rs 750–850 crore, and the deal is likely to be entered int
Torrent Power: In a clarification on media reports, the company said it has received confirmation from the members of the promoter group that no plans to create any pledge over the promoter's shares in the company are under consideration.
Krishna Institute of Medical Sciences: Subsidiary KIMS Hospital Enterprise has acquired a further equity stake of 13.24% in Kondapur Healthcare for Rs 20 crore. The total stake now stands at 19.86%.
Laurus Labs: The company signed a share purchase agreement with a promoter and other shareholders of Laurus Bio for 37,641 equity shares through secondary purchase for Rs 71.6 crore. With this acquisition, the company's shareholding in Laurus Bio will become 87.58% on a fully diluted basis.
TVS Supply Chain Solutions: The board has agreed to acquire equity shares of three of the company's wholly owned subsidiaries: TVS Logistics Investments UK, TVS Logistics Investments Inc. USA, and TVS Supply Chain Solutions Pte. Ltd., Singapore, for an aggregate cost of Rs 450 crore. The time period for the completion of investment in these overseas subsidiaries is Nov. 30. Further, it has reporte
Gravita India: The Government of India has upgraded the status of the company from "Three Star Export House" to "Four Star Export House". This recognition will help company in ease of doing businesses, easier facilitation of various export licensing norms, relaxation of business norms being issued by the government, various export-related benefits, and self-recognition among categories of export h
Shyam Metalics and Energy: The promoters have opted to exercise the oversubscription option to the extent of 30.43 lakh equity shares, representing 1.19% of the share capital in addition to the 1.30 crore shares. The total offer size will be up to 1.61 crore shares, of which 16.09 lakh shares will be available as part of the offer for the retail category on T+1 day, Sept 12.
ION Exchange: Indraneel Dutt has been appointed CEO with immediate effect.
Gufic Biosciences: The drugmaker has received approval from TGA, Australia, and ANVISA, Brazil, for Parecoxib 40mg injection for short-term treatment of acute pain and post-operative pain in adult patients.
Reliance Industries: KKR will invest Rs 2,069.5 crore in the company's subsidiary, Reliance Retail Ventures, increasing its stake to 1.42% from 1.17%. The deal values the retail giant at Rs 8.36 lakh crore.
ICICI Bank: The private lender has received the RBI's nod for the re-appointment of Sandeep Bakhshi as MD and CEO for three years with effect from Oct. 4.
NTPC: Subsidiary NTPC Green Energy, signed an MoU with Nayara Energy to explore opportunities in the green hydrogen and green energy space for captive usage.
Larsen & Toubro: The company has increased the buyback price to Rs 3,200 from Rs 3,000 apiece, while the number of shares has been reduced from 3.33 crore to 3.12 crore.
Power Grid Corp: The company won the bid for a 20 GW inter-state transmission project in Rajasthan on a build, own, operate, and transfer (BOOT) basis.
Lupin: The drugmaker plans to enter into a business transfer agreement with subsidiary Lupin Manufacturing Solutions to carve out two active pharmaceutical ingredient manufacturing sites at Dabhasa and Visakhapatnam and select R&D operations, including fermentation, at Lupin Research Park, Pune. The consideration expected to be received is Rs 750–850 crore, and the deal is likely to be entered int
Torrent Power: In a clarification on media reports, the company said it has received confirmation from the members of the promoter group that no plans to create any pledge over the promoter's shares in the company are under consideration.
Krishna Institute of Medical Sciences: Subsidiary KIMS Hospital Enterprise has acquired a further equity stake of 13.24% in Kondapur Healthcare for Rs 20 crore. The total stake now stands at 19.86%.
Laurus Labs: The company signed a share purchase agreement with a promoter and other shareholders of Laurus Bio for 37,641 equity shares through secondary purchase for Rs 71.6 crore. With this acquisition, the company's shareholding in Laurus Bio will become 87.58% on a fully diluted basis.
TVS Supply Chain Solutions: The board has agreed to acquire equity shares of three of the company's wholly owned subsidiaries: TVS Logistics Investments UK, TVS Logistics Investments Inc. USA, and TVS Supply Chain Solutions Pte. Ltd., Singapore, for an aggregate cost of Rs 450 crore. The time period for the completion of investment in these overseas subsidiaries is Nov. 30. Further, it has reporte
Gravita India: The Government of India has upgraded the status of the company from "Three Star Export House" to "Four Star Export House". This recognition will help company in ease of doing businesses, easier facilitation of various export licensing norms, relaxation of business norms being issued by the government, various export-related benefits, and self-recognition among categories of export h
Shyam Metalics and Energy: The promoters have opted to exercise the oversubscription option to the extent of 30.43 lakh equity shares, representing 1.19% of the share capital in addition to the 1.30 crore shares. The total offer size will be up to 1.61 crore shares, of which 16.09 lakh shares will be available as part of the offer for the retail category on T+1 day, Sept 12.
ION Exchange: Indraneel Dutt has been appointed CEO with immediate effect.
Gufic Biosciences: The drugmaker has received approval from TGA, Australia, and ANVISA, Brazil, for Parecoxib 40mg injection for short-term treatment of acute pain and post-operative pain in adult patients.
