STOCKS IN ACTION 21 MARCH
Wipro: The company appointed Anne-Marie Rowland as CEO of Capco effective April 1.
Torrent Power: The company signed a share purchase agreement with Solapur Transmission for the acquisition of a 100% stake to establish a transmission system for the evacuation of power from renewable energy projects in Maharashtra.
TVS Motor: The company approved the issue of cumulative non-convertible redeemable preference shares up to Rs 1,900 crore via bonus. It appointed Vijay Sankar and Shailesh Haribhakt as independent directors, effective March 20 and April 1, respectively.
Power Finance Corp: The company transferred unit Solapur Transmission to Torrent Power for Rs 7 crore.
Rail Vikas Nigam: The company emerged as the lowest bidder for a railway project worth Rs 167
crore for Southeastern Railway.
JSW Infrastructure: The company achieved a significant milestone as total cargo handled on a consolidated basis crossed 100 MMT.
Jupiter Wagons: The company acquired Bonatrans India for Rs 271 crore, becoming the first Indian rolling stock manufacturer with its own wheel plant.
Prince Pipes and Fittings: The company signed an agreement with Klaus Waren Fixtures and NM
Shah for the purchase of the 'Aquel' brand and other assets worth Rs 55 crore to set up an in-house manufacturing facility, resulting in building greater value in the bathware segment.
Kansai Nerolac Paints: The company opened a sales depot in Kannur, Kerala.
Aeroflex Industries: The company has increased its installed capacity to 13.5 million metres p.a. in phase 1 expansion and will increase to 16.5 million metres in phase 2 expansion with an investment of Rs 39 crore.
Himadri Specialty Chemical: The company acquired a 40% stake in Invati Creations for Rs 45.16
crore.
GE Power: The company received a purchase order worth Rs 8.95 crore from Bharat Aluminium and an order worth Rs 7.47 crore from Nuclear Power Corp.
Cyient: The company's JV with HAL-Infotech HAL-filed an application initiating the corporate insolvency resolution process before NCLT, Bangalore Bench.
ASM Technologies: The company announced a preferential allotment of shares and warrants amounting to Rs 170 crore.
Crompton Greaves: The company received an order from HAREDA for a water pumping system.
Sapphire Foods: NCLT approved the scheme of merger by absorption of Gamma Pizzakraft an
Gamma Pizzakraft with the company.
CROMPTON GREAVES: CO SECURES 4TH CONSECUTIVE ORDER FOR SOLAR WATER PUMPING SYSTEM FROM HAREDA || GETS ORDER WORTH OVER 90M RUPEES
CO SECURED LETTER OF EMPANELMENT FOR 2500 SOLAR PUMPING SYSTEMS IN MAHARASHTRA FROM MSEDCL
CO GETS LETTER OF EMPANELMENT FOR 1000 SOLAR PUMPING SYSTEMS IN RAJASTHAN
CO SAYS TOTAL VALUE OF LETTER OF EMPANELMENT RECEIVED WORTH ABOUT 850M RUPEES
SAKTHI FINANCE: BOARD MEETING ON MARCH 27 TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES VIA PRIVATE PLACEMENT BASIS || CO TO CONSIDER ISSUE OF REDEEMABLE, CUMULATIVE PREFERENCE SHARES ON PRIVATE PLACEMENT BASIS WORTH UP TO 150M RUPEES
@daytradertelugu
Wipro: The company appointed Anne-Marie Rowland as CEO of Capco effective April 1.
Torrent Power: The company signed a share purchase agreement with Solapur Transmission for the acquisition of a 100% stake to establish a transmission system for the evacuation of power from renewable energy projects in Maharashtra.
TVS Motor: The company approved the issue of cumulative non-convertible redeemable preference shares up to Rs 1,900 crore via bonus. It appointed Vijay Sankar and Shailesh Haribhakt as independent directors, effective March 20 and April 1, respectively.
Power Finance Corp: The company transferred unit Solapur Transmission to Torrent Power for Rs 7 crore.
Rail Vikas Nigam: The company emerged as the lowest bidder for a railway project worth Rs 167
crore for Southeastern Railway.
JSW Infrastructure: The company achieved a significant milestone as total cargo handled on a consolidated basis crossed 100 MMT.
Jupiter Wagons: The company acquired Bonatrans India for Rs 271 crore, becoming the first Indian rolling stock manufacturer with its own wheel plant.
Prince Pipes and Fittings: The company signed an agreement with Klaus Waren Fixtures and NM
Shah for the purchase of the 'Aquel' brand and other assets worth Rs 55 crore to set up an in-house manufacturing facility, resulting in building greater value in the bathware segment.
Kansai Nerolac Paints: The company opened a sales depot in Kannur, Kerala.
Aeroflex Industries: The company has increased its installed capacity to 13.5 million metres p.a. in phase 1 expansion and will increase to 16.5 million metres in phase 2 expansion with an investment of Rs 39 crore.
Himadri Specialty Chemical: The company acquired a 40% stake in Invati Creations for Rs 45.16
crore.
GE Power: The company received a purchase order worth Rs 8.95 crore from Bharat Aluminium and an order worth Rs 7.47 crore from Nuclear Power Corp.
Cyient: The company's JV with HAL-Infotech HAL-filed an application initiating the corporate insolvency resolution process before NCLT, Bangalore Bench.
ASM Technologies: The company announced a preferential allotment of shares and warrants amounting to Rs 170 crore.
Crompton Greaves: The company received an order from HAREDA for a water pumping system.
Sapphire Foods: NCLT approved the scheme of merger by absorption of Gamma Pizzakraft an
Gamma Pizzakraft with the company.
CROMPTON GREAVES: CO SECURES 4TH CONSECUTIVE ORDER FOR SOLAR WATER PUMPING SYSTEM FROM HAREDA || GETS ORDER WORTH OVER 90M RUPEES
CO SECURED LETTER OF EMPANELMENT FOR 2500 SOLAR PUMPING SYSTEMS IN MAHARASHTRA FROM MSEDCL
CO GETS LETTER OF EMPANELMENT FOR 1000 SOLAR PUMPING SYSTEMS IN RAJASTHAN
CO SAYS TOTAL VALUE OF LETTER OF EMPANELMENT RECEIVED WORTH ABOUT 850M RUPEES
SAKTHI FINANCE: BOARD MEETING ON MARCH 27 TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES VIA PRIVATE PLACEMENT BASIS || CO TO CONSIDER ISSUE OF REDEEMABLE, CUMULATIVE PREFERENCE SHARES ON PRIVATE PLACEMENT BASIS WORTH UP TO 150M RUPEES
@daytradertelugu
