STOCKS IN ACTION 18 JUNE

Bharti Airtel: The company prepaid Rs 7,904 crore to clear deferred liabilities for spectrum acquired in 2012 and 2015. The company fully prepaid all deferred liabilities w.r.t. spectrum acquired in 2012 and 2015.

Adani Enterprises: Promoters increased their stake in the company to 73.95% from 71.93% after acquiring 2.02% equity between September 2023 and June 2024.

SBI: The company will raise MCLR by 10 bps across tenures effective June 15.

Jubilant Pharmova: The company's US-based arm to voluntarily prepay a term loan worth Rs 626
crore and the company's arm to invest $50 million to expand its radiopharmacy network in the
US

RVNL:
The company emerged as the lowest bidder for a project worth Rs 160 crore from East Coast Railway.

Life Insurance Corp: LIC has clarified that no formal proposal has been initiated to enter the health insurance market.

Adani Power: The company incorporated a wholly owned subsidiary in Singapore.

InterGlobe Aviation: The company amended its existing pact with Pratt & Whitney affiliate International Aero Engines, IAE, to give compensation to the company for the unavailability of engines.

Rites: The company signed a MoU with Damodar Valley Corp. for innovation in rail infrastructure.

Supriya Lifescience: CEO and KMP Rajeev Kumar Jain will be retiring from the services effective June 14 on attaining the age of superannuation.

Blue Dart: The company appointed Dipanjan Banerjee as Chief Commercial Officer.

Elgi Rubber: The company's Brazilian subsidiary has executed an agreement for the sale of land to Sergio Augusto Pimentel Zeraik, Brazil for Rs 4.5 crore.

Pidilite Industries: The company's Industria Chimica, Italy Joint Venture ICA Pidilite entered into an agreement with ICA for licensing of certain UV technology from ICA.

Vashu Bhagnani Industries:
The company signed a deal with Pooja Leisure and Lifestyle for the transformation of commercial buildings in Juhu.

INOX Wind: The company incorporated four wholly-owned subsidiaries.

Alembic Pharma: gets FDA Final Approval for Icatibant Injection, 30 mg/3 mL (10 mg/mL) Single-Dose Prefilled Syringe. This is the first peptide product approval from the USFDA received by the company
Alert | Icatibant injection is used in treatment of acute attacks of hereditary angioedema (HAE) in adults 18 years of age and older

Godawari Power and Ispat share buyback: Board approves ₹301 crore repurchase at ₹1,400 per share

Wipro: extends its partnership with Hanesbrands an apparel brand, to further drive its digital transformation, business growth, & enhance long-term profitability

NLC India: expects power demand to grow by 9% annually; targets ₹15,000 crore FY25 revenue

ALLCARGO TERMINALS: CO SAYS CFS VOLUMES FOR MAY 2024 INCREASED 2% OVER MAY 2023 || CO SAYS PORT VOLUMES HAVE SHOWN A MARGINAL INCREASE IN MONTH OF MAY 2024 OVER PREVIOUS MONTH

NTPC: BOARD OF DIRECTORS OF NHPTL HAS APPROVED TRANSFER OF 1,31,63,750 SHARES FROM CO TO POWER GRID CORPORATION OF INDIA || POST-TRANSACTION EQUITY HOLDING OF NTPC IN NHPTL BECOMES 12.50% FROM 20%; ACCORDINGLY, NHPTL CEASES TO BE AN ASSOCIATE COMPANY OF NTPC

HFCL: CO SAYS EXEMPTED FROM ANTI-DUMPING DUTIES BY EUROPEAN COMMISSION

VISHNU PRAKASH R PUNGLIA: CO GETS ORDER WORTH 909M RUPEES

COROMANDEL INTERNATIONAL: ICAR-NBSS&LUP SIGNS MOU WITH CO TO DEVELOP SOIL TEST BASED NUTRIENT ADVISORY FOR FARMERS OF MAHARASHTRA

KBC GLOBAL: CO HAS BEEN AWARDED A SUB CONTRACT OF CIVIL ENGINEERING JOB OF SOFT INFRASTRUCTURE SEGMENT WORTH US$20MILLION BY CRJE (EAST AFRICA) LTD

HCL TECH:
CO TO CONSIDER Q1 RESULTS AND DIVIDEND ON JULY 12,2024

PURAVANKARA: CO ACQUIRES LAND IN EXISTING GOA PROJECT FOR 900M RUPEES FROM WHOLLY OWNED SUBSIDIARY || GDV VALUE 2,59,000 SQ FT ,7000 RUPEES PER SQ FT RATE

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