STOCKS IN ACTION 6 November
Tata Steel: The record date in the matter of the scheme of amalgamation amongst the company and Tata Steel Long Products is Nov. 17. Tata Steel will issue and allot full paid-up equity shares to the shareholders of TSLP on the record date in the ratio of 67 equity shares of Rs 1 each for every 10 equity shares of Rs 10 each held in TSLP.
Indian Oil Corp: Company gets approval from NCLT's Mumbai Bench for the acquisition of a 100% stake in Mercator Petroleum.
Infosys: The company and Spirit AeroSystems inaugurated their dedicated centre for aerospace engineering excellence in Richardson, Texas.
Elpro International: The company has acquired 33,650 shares of HDFC Bank at an acquisition cost of Rs 5.01 crore.
Cigniti Technologies: MD CV Subramanyam resigns w.e.f. November 3, citing personal reasons
Greaves Cotton: The company sold its land located in Pune to Runal Developers LLP for a total consideration of Rs 284 crore.
Restaurant Brands Asia: The company executed a facility agreement with Axis Bank. The agreement is for availing a secured term loan facility for up to Rs 150 crore.
JSW Infrastructure: The board has approved the acquisition of Marine Oil Terminal Corp. along with its Fujairah Branch by JSW Terminal Middle East; the transaction has an enterprise value of $187 million. The board has also approved the purchase of a container train operator licence from Sical Multimodal and Rail Transport.
Ethos: The board approved fund raising via QIP at the issue price of Rs 1,547 per equity share, which is at a discount of 4.95% to the floor price of Rs 1,627.49 per equity share.
Adani Ports: 27% YoY growth in cargo volumes during October 2023 Targeting 200 MMT milestone in cargo volumes during FY25
Arvind Fashions: intends to utilise the proceeds to invest in growth of its brands portfolio and repayment of debt.
@daytradertelugu
Tata Steel: The record date in the matter of the scheme of amalgamation amongst the company and Tata Steel Long Products is Nov. 17. Tata Steel will issue and allot full paid-up equity shares to the shareholders of TSLP on the record date in the ratio of 67 equity shares of Rs 1 each for every 10 equity shares of Rs 10 each held in TSLP.
Indian Oil Corp: Company gets approval from NCLT's Mumbai Bench for the acquisition of a 100% stake in Mercator Petroleum.
Infosys: The company and Spirit AeroSystems inaugurated their dedicated centre for aerospace engineering excellence in Richardson, Texas.
Elpro International: The company has acquired 33,650 shares of HDFC Bank at an acquisition cost of Rs 5.01 crore.
Cigniti Technologies: MD CV Subramanyam resigns w.e.f. November 3, citing personal reasons
Greaves Cotton: The company sold its land located in Pune to Runal Developers LLP for a total consideration of Rs 284 crore.
Restaurant Brands Asia: The company executed a facility agreement with Axis Bank. The agreement is for availing a secured term loan facility for up to Rs 150 crore.
JSW Infrastructure: The board has approved the acquisition of Marine Oil Terminal Corp. along with its Fujairah Branch by JSW Terminal Middle East; the transaction has an enterprise value of $187 million. The board has also approved the purchase of a container train operator licence from Sical Multimodal and Rail Transport.
Ethos: The board approved fund raising via QIP at the issue price of Rs 1,547 per equity share, which is at a discount of 4.95% to the floor price of Rs 1,627.49 per equity share.
Adani Ports: 27% YoY growth in cargo volumes during October 2023 Targeting 200 MMT milestone in cargo volumes during FY25
Arvind Fashions: intends to utilise the proceeds to invest in growth of its brands portfolio and repayment of debt.
@daytradertelugu
