STOCKS IN ACTION 26 July
Larsen & Toubro: The conglomerate has agreed to buy back 3.33 crore shares, equal to 2.4% equity capital, at a maximum price of Rs 3,000 per share, aggregating up to Rs 10,000 crore. Retail investors hold about 21.78%, and L&T Employees Trust holds 13.70%. The company has made an additional investment of up to Rs 506 crore in its unit, L&T Energy Green Tech. The conglomerate also inked a pact to acquire the entire 40% shareholding held by Sapura Nautical Power in the joint venture L&T Sapura Offshore.
Piramal Ent to consider share buyback proposal on July 28
Satin Creditcare Network: Board Meeting on July 28 to Consider Fund Raising by Issuance of Non-Convertible Debenture on Private Placement Basis
Union Bank of India: The lender has entered into a strategic partnership with IBM to act as a system integrator in its digital push. The bank has embarked on Project Sambhav to create a Digital bank.
UTI AMC: Names Vinay Lakhotia as CFO
Asian Paints appoints R. Seshasayee as chairman of the company
Asian Granito: Closure of production of ceramic tiles (tuff guard) at Idar plant
SpiceJet: Engine 1 of SpiceJet Aircraft Q400 caught fire during engine maintenance work at Delhi Airport
Can Fin Homes employees of Ambala Branch committed fraud, estimated amount is ₹38.53 cr, says company
@daytradertelugu
Larsen & Toubro: The conglomerate has agreed to buy back 3.33 crore shares, equal to 2.4% equity capital, at a maximum price of Rs 3,000 per share, aggregating up to Rs 10,000 crore. Retail investors hold about 21.78%, and L&T Employees Trust holds 13.70%. The company has made an additional investment of up to Rs 506 crore in its unit, L&T Energy Green Tech. The conglomerate also inked a pact to acquire the entire 40% shareholding held by Sapura Nautical Power in the joint venture L&T Sapura Offshore.
Piramal Ent to consider share buyback proposal on July 28
Satin Creditcare Network: Board Meeting on July 28 to Consider Fund Raising by Issuance of Non-Convertible Debenture on Private Placement Basis
Union Bank of India: The lender has entered into a strategic partnership with IBM to act as a system integrator in its digital push. The bank has embarked on Project Sambhav to create a Digital bank.
UTI AMC: Names Vinay Lakhotia as CFO
Asian Paints appoints R. Seshasayee as chairman of the company
Asian Granito: Closure of production of ceramic tiles (tuff guard) at Idar plant
SpiceJet: Engine 1 of SpiceJet Aircraft Q400 caught fire during engine maintenance work at Delhi Airport
Can Fin Homes employees of Ambala Branch committed fraud, estimated amount is ₹38.53 cr, says company
@daytradertelugu
