STOCKS IN ACTION 25 JUNE
Satin Creditcare Network: The company has agreed to raise up to Rs 5,000 crore through non-convertible debentures. The microlender has also approved the appointment of its chief financial
officer.
Sun Pharmaceutical Industries: The company successfully completed the merger of Taro Pharmaceutical Industries with its subsidiary company.
As part of this merger, Sun Pharma acquired all outstanding ordinary shares of Taro other than those already held by Sun Pharma or its affiliates.
Shalby: The company has terminated its franchise agreement with Madhuban Orthopaedic and Multispecialty Surgical Hospital due to a breach of various terms and conditions of the agreement by the ranchisee. There will not be any significant financial impact on the company's financial position.
Craftsman Automation: The company signed a MoU with Sunbeam Lightweighting Solutions and
Kedaara Capital to acquire the whole or part of the business of Sunbeam.
Borosil Renewables: The company opened QIP and set the floor price at Rs 331.75 per share, which indicates a discount of 4.6% to the stock's previous close.
RBL Bank: The bank will consider a fund-raising proposal through QIP on June 27.
AU Small Finance Bank: The financial institution to consider raising funds through QIP on June 27.
ZEE ENTERTAINMENT ENTERPRISES: CO INCORPORATES WITH ZMKL (ZEE MEDIA KENYA LTD) WITH AN OBJECTIVE OF PURSUING BROADCASTING BUSINESS TO LAUNCH THE FTA CHANNEL IN KENYA AND EAST AFRICA.
INDIA MINES SECY: 21 CRITICAL MINERALS BLOCKS PART OF FOURTH TRANCHE VALUED AT 830 BLN RUPEES
S H KELKAR: CO UNIT ENTERED INTO SHARE PURCHASE AGREEMENT FOR SALE OF 40% STAKE HELD BY KFL IN NUTASTE FOOD AND DRINK LABS || DEAL FOR 125.1M RUPEES VALUING THE BUSINESS AT 310M RUPEES
CHEMPLAST SANMAR: CO APPROVED RAISING OF FUNDS WORTH UPTO 10B RUPEES
SHALBY: CO TERMINATED FRANCHISE AGREEMENT WITH MADHUBAN ORTHOPEDIC AND MULTISPECIALTY SURGICAL HOSPITAL
ASTER DM HEALTHCARE: OLYMPUS CAPITAL ASIA INVESTMENTS CUTS STAKE IN CO BY 9.01% TO HOLD 1.09% STAKE - EXCHANGE FILING
@daytradertelugu
Satin Creditcare Network: The company has agreed to raise up to Rs 5,000 crore through non-convertible debentures. The microlender has also approved the appointment of its chief financial
officer.
Sun Pharmaceutical Industries: The company successfully completed the merger of Taro Pharmaceutical Industries with its subsidiary company.
As part of this merger, Sun Pharma acquired all outstanding ordinary shares of Taro other than those already held by Sun Pharma or its affiliates.
Shalby: The company has terminated its franchise agreement with Madhuban Orthopaedic and Multispecialty Surgical Hospital due to a breach of various terms and conditions of the agreement by the ranchisee. There will not be any significant financial impact on the company's financial position.
Craftsman Automation: The company signed a MoU with Sunbeam Lightweighting Solutions and
Kedaara Capital to acquire the whole or part of the business of Sunbeam.
Borosil Renewables: The company opened QIP and set the floor price at Rs 331.75 per share, which indicates a discount of 4.6% to the stock's previous close.
RBL Bank: The bank will consider a fund-raising proposal through QIP on June 27.
AU Small Finance Bank: The financial institution to consider raising funds through QIP on June 27.
ZEE ENTERTAINMENT ENTERPRISES: CO INCORPORATES WITH ZMKL (ZEE MEDIA KENYA LTD) WITH AN OBJECTIVE OF PURSUING BROADCASTING BUSINESS TO LAUNCH THE FTA CHANNEL IN KENYA AND EAST AFRICA.
INDIA MINES SECY: 21 CRITICAL MINERALS BLOCKS PART OF FOURTH TRANCHE VALUED AT 830 BLN RUPEES
S H KELKAR: CO UNIT ENTERED INTO SHARE PURCHASE AGREEMENT FOR SALE OF 40% STAKE HELD BY KFL IN NUTASTE FOOD AND DRINK LABS || DEAL FOR 125.1M RUPEES VALUING THE BUSINESS AT 310M RUPEES
CHEMPLAST SANMAR: CO APPROVED RAISING OF FUNDS WORTH UPTO 10B RUPEES
SHALBY: CO TERMINATED FRANCHISE AGREEMENT WITH MADHUBAN ORTHOPEDIC AND MULTISPECIALTY SURGICAL HOSPITAL
ASTER DM HEALTHCARE: OLYMPUS CAPITAL ASIA INVESTMENTS CUTS STAKE IN CO BY 9.01% TO HOLD 1.09% STAKE - EXCHANGE FILING
@daytradertelugu
