STOCKS IN ACTION 23 MAY
FSN E-Commerce: The board approved the acquisition of the western wear and accessories business from Nykaa Fashion, approved the transfer of a 100% stake held in luminar Media to Nykaa Fashion and gave principal approval for the merger of luminar Media into Nykaa Fashion.
AllCargo Logistics: The company's arm, ECU Worldwide, acquired a 25% stake in Fair Trade for €2.9 million.
Jubilant Foodworks: The company approved a further investment of Rs 30 crore in the
Bangladesh unit.
Oil India: The company signed a new long-term definitive agreement for the transportation of additional petroleum products through OIL's Numaligarh-Siliguri Product Pipeline following the commissioning of the Numaligarh Refinery Expansion Project.
Powergrid: The board approved raising up to a Rs 5,000 crore term loan / credit line from the
Consortium of Bankers.
@daytradertelugu
FSN E-Commerce: The board approved the acquisition of the western wear and accessories business from Nykaa Fashion, approved the transfer of a 100% stake held in luminar Media to Nykaa Fashion and gave principal approval for the merger of luminar Media into Nykaa Fashion.
AllCargo Logistics: The company's arm, ECU Worldwide, acquired a 25% stake in Fair Trade for €2.9 million.
Jubilant Foodworks: The company approved a further investment of Rs 30 crore in the
Bangladesh unit.
Oil India: The company signed a new long-term definitive agreement for the transportation of additional petroleum products through OIL's Numaligarh-Siliguri Product Pipeline following the commissioning of the Numaligarh Refinery Expansion Project.
Powergrid: The board approved raising up to a Rs 5,000 crore term loan / credit line from the
Consortium of Bankers.
@daytradertelugu
