STOCKS IN ACTION 26 JUNE
Sanghi Industries: Promoter Ambuja Cements and Ravi Sanghi to sell up to 3.52% stake via OFS
Ambuja Cements is to sell up to 2.36% of the of the stake via OFS, and Ravi Sanghi is to offload up to 1.16%. The floor price of OFS has been set at Rs 90 per share. OFS is to open on June 26 for non-retail investors and on June 27 for retail investors.
NTPC: The company is to hold a board meeting on June 29 to consider raising funds up to Rs 12,000 crore via NCDs, subject to the approval of shareholders.
Zee Entertainment Enterprises: The NCLT permits the withdrawal of the implementation application filed for the Sony India merger.
Mindspace Business Parks REIT: The company raised Rs 650 crores from International Finance
Corp. via the issuance of sustainability-linked bonds.
Popular Vehicles And Services: The company's unit gets a show cause notice from the Tamil
Nadu Pollution Control Board for violation of water pollution regulations.
Borosil: The company raised Rs 150 crore via QIP and allotted 47.2 lakh shares at Rs 318 per share, which indicates a discount of 4.14% to the floor price.
IDBI Bank: Arun Bansal resigned as Executive Director and Head of Treasury (on contract)
effective June 25.
Vishnu Prakash R. Punglia: The company received a Rs 273.11 crore order from Uttar Pradesh
Jal Nigam.
Time Technoplast: The company received an additional order worth Rs 55 crore from Indian Oil Corporation for the supply of composite cylinders.
Gulshan Polyols: The company has started commercial operations of ethanol at their 250 KLPD capacity grain-based ethanol plant in Goalpara, Distt. Assam.
Yes Bank: The bank will consider raising funds via debt securities on August 23, 2024.
Mahindra and Mahindra Financial Services: Vivek Karve resigned as CFO effective October 31.
Mazagon Dock Shipbuilders: The Department of Public Enterprises approves the proposal for the grant of Navratna status to the company.
Rattanindia Enterprises: Vijay Nehra resigned as COO effective June 24.
ULTRATECH CEMENT: CO SAYS UAE UNIT MAKING PARTIAL CASH OFFER FOR ACQUIRING NOW 25% OF RAS AL KHAIMAH CO. FOR WHITE CEMENT AND CONSTRUCTION MATERIALS PSC || CO SAYS OFFER WAS REVISED FROM 31.6% STAKE TO 25% OF SHARE CAPITAL OF RAKWCT
INVENTURE GROWTH & SECURITIES: CO APPROVED RIGHT ISSUE SIZE OF 489.3M RUPEES RIGHT ISSUE PRICE 2.33 RUPEES PER SHR || CO APPROVED RIGHT ENTITLEMENT RATIO OF 1:4
ADANI GREEN ENERGY: CO EXEC SATS - PEAK DEBT REQUIREMENTS ESTIMATED AT $6B, ALREADY HAVE CREDIT DRAWING LINE OF $7B
@daytradertelugu
Sanghi Industries: Promoter Ambuja Cements and Ravi Sanghi to sell up to 3.52% stake via OFS
Ambuja Cements is to sell up to 2.36% of the of the stake via OFS, and Ravi Sanghi is to offload up to 1.16%. The floor price of OFS has been set at Rs 90 per share. OFS is to open on June 26 for non-retail investors and on June 27 for retail investors.
NTPC: The company is to hold a board meeting on June 29 to consider raising funds up to Rs 12,000 crore via NCDs, subject to the approval of shareholders.
Zee Entertainment Enterprises: The NCLT permits the withdrawal of the implementation application filed for the Sony India merger.
Mindspace Business Parks REIT: The company raised Rs 650 crores from International Finance
Corp. via the issuance of sustainability-linked bonds.
Popular Vehicles And Services: The company's unit gets a show cause notice from the Tamil
Nadu Pollution Control Board for violation of water pollution regulations.
Borosil: The company raised Rs 150 crore via QIP and allotted 47.2 lakh shares at Rs 318 per share, which indicates a discount of 4.14% to the floor price.
IDBI Bank: Arun Bansal resigned as Executive Director and Head of Treasury (on contract)
effective June 25.
Vishnu Prakash R. Punglia: The company received a Rs 273.11 crore order from Uttar Pradesh
Jal Nigam.
Time Technoplast: The company received an additional order worth Rs 55 crore from Indian Oil Corporation for the supply of composite cylinders.
Gulshan Polyols: The company has started commercial operations of ethanol at their 250 KLPD capacity grain-based ethanol plant in Goalpara, Distt. Assam.
Yes Bank: The bank will consider raising funds via debt securities on August 23, 2024.
Mahindra and Mahindra Financial Services: Vivek Karve resigned as CFO effective October 31.
Mazagon Dock Shipbuilders: The Department of Public Enterprises approves the proposal for the grant of Navratna status to the company.
Rattanindia Enterprises: Vijay Nehra resigned as COO effective June 24.
ULTRATECH CEMENT: CO SAYS UAE UNIT MAKING PARTIAL CASH OFFER FOR ACQUIRING NOW 25% OF RAS AL KHAIMAH CO. FOR WHITE CEMENT AND CONSTRUCTION MATERIALS PSC || CO SAYS OFFER WAS REVISED FROM 31.6% STAKE TO 25% OF SHARE CAPITAL OF RAKWCT
INVENTURE GROWTH & SECURITIES: CO APPROVED RIGHT ISSUE SIZE OF 489.3M RUPEES RIGHT ISSUE PRICE 2.33 RUPEES PER SHR || CO APPROVED RIGHT ENTITLEMENT RATIO OF 1:4
ADANI GREEN ENERGY: CO EXEC SATS - PEAK DEBT REQUIREMENTS ESTIMATED AT $6B, ALREADY HAVE CREDIT DRAWING LINE OF $7B
@daytradertelugu
