STOCKS IN ACTION 18 MAY

Wipro: The company has appointed Sanjeev Jain as its chief operating officer in place of Amit
Chaudary.

Dr. Reddy's Laboratories: USFDA completed inspection at Visakhapatnam facilities between May 8 and May 17 and issued Form 483 with 2 observations.

Nestle India: The majority of shareholders rejected the company's proposal to raise the royalty
fee.

Dalmia Bharat: The company's arm commenced production at the Tamil Nadu cement plant of 1
MTPA. The company's total cement manufacturing capacity is now at 45.6 MTPA.

Centrum Capital: The board approved the appointment of Shailendra Apte as CFO effective June
1 in place of Sriram Venkatasubramanian.

Delhivery: The board approved the liquidation of the UK-based arm Delhivery Corp. and also approved the incorporation of the wholly owned subsidiary Delhivery Robotics India.

BANK OF BARODA: CO SIGNED MOU FOR INCORPORATION OF CCIL IFSC AND EQUITY CONTRIBUTION OF 6.125% IN COMPANY || CO WILL ACT AS A 'CLEARING HOUSE' AND 'SYSTEM PROVIDER' FOR PROVIDING FOREIGN CURRENCY SETTLEMENT SYSTEM SERVICES IN GIFT CITY

SPML INFRA: CO SIGNED MASTER RESTRUCTURING AGREEMENT WITH NATIONAL ASSET RECONSTRUCTION CO || CO HAS TO PAY 9.67 BLN RUPEES IN 10 YEARS TO NARCL

APOLLO TYRES:
CO TO ACQUIRE 5.09% SHAREHOLDING OF GREEN INFRA WIND ENERGY GENERATION

INDIA BANKING SECY: BANKS STUDYING DRAFT PROJECT FINANCE GUIDELINES OF RBI || INDIA GOVT SOURCE: NOT AWARE OF DISCUSSION ON GIVING UP PROPOSED PRIVATISATION OF PUBLIC SECTOR BANKS

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