Adani Power: Ardour Investment Holding acquired 1.93% between Sept. 26 and Nov. 16. Emerging market Investment DMCC acquired 0.13% on Sept. 29. Promoters now hold 71.14% of the company.
Elecon Engineering: Elecon Middle East FZCO, Dubai, has incorporated its wholly owned subsidiary, 'Elecon Radicon Africa'.
Newgen Software: The board on Nov. 27 will consider and recommend a proposal for the issue of bonus shares.
Tamilnad Mercantile Bank: ED orders the bank to transfer the 3.31% stake held by MGM Maran in favour of the Director of Enforcement. The ED had attached assets worth Rs 205 crore to MGM Maran and his associates under PMLA in 2016.
BhartiAirtel: Department Of Telecom, Hyderabad, imposes penalty of ₹1,07,000 on company for alleged violation of subscriber verification norms
South Indian Bank: hikes lending rates by 5 bps across tenures w.e.f. November 20, 2023
Softbank: sells 1.83 cr shares of Delhivery at an avg price of Rs 403.51/sh
Cipla: gives guarantee of ZAR 945 million to First Rand Bank, South Africa
Guarantee for extending general banking facilities to subsidiary Medpro Pharma
SATIN CREDITCARE:
Boardmeet To Consider Fund Raising Via NCDs
RATEGAIN TRAVEL TECHNOLOGIES:
Boardmeet To Consider and determine the issue price for QIP
OBEROI REALTY:
Executes an Agreement for Sale with Ireo Residences and others for acquiring land admeasuring approx 14.816 Acres at Sector 58, Gurugram, Haryana
Consideration for the transaction is in the form of event/ time linked monetary consideration of upto Rs 597 Crore Company’s entitlement from the project at full potential estimated upto 2.6 Million square feet of FAR
Transaction marks the Company’s foray into the NCR region Intends to primarily develop a luxury residential group housing project on the said land
ZEN TECHNOLOGIES:
SECURES NEW ORDER
Announces the receipt of an export order valued at US $ 5.12 Million (Approximately Rs 42 Crores) Order comprising state-of-the-art simulators, is from a friendly nation
KAYNES TECHNOLOGY INDIA:
Board Approves Raising Funds Upto Rs 1400 Crores Via Preferential Allotment/ QIP/ Rights Issue/ FPO
BIRLA CORPORATION:
GETS API LICENCE
Informs that the American Petroleum Institute grants License to the Company’s Cement Plant at Chanderia namely, Birla Cement Works, to use official API monogram on manufactured products viz. API Well Cement Class G w.e.f. 17th November, 2023
Company intends to participate in the tender process to cater to the needs of the oil exploration entities
DELHIVERY:
LARGE TRADE SVF DOORBELL (CAYMAN) LIMITED SELL 1,83,05,480 Shares @ Rs 403.51/ Share
JINDAL STAINLESS:
LARGE TRADE HYPNOS FUND LIMITED SELL 17,50,000 Shares @ Rs 477.25/ Share Promoter JSL OVERSEAS LIMITED
BUY 17,50,000 Shares
VEDANTA: CRISIL DOWNGRADES
Crisil Ratings has downgraded its ratings on the longterm bank facilities and debt instruments of the Company to ‘CRISIL AA-’ from ‘CRISIL AA’
And placed these ratings on ‘Rating Watch with Developing Implications’ from ‘Rating Watch with Negative Implications’
@daytradertelugu
Elecon Engineering: Elecon Middle East FZCO, Dubai, has incorporated its wholly owned subsidiary, 'Elecon Radicon Africa'.
Newgen Software: The board on Nov. 27 will consider and recommend a proposal for the issue of bonus shares.
Tamilnad Mercantile Bank: ED orders the bank to transfer the 3.31% stake held by MGM Maran in favour of the Director of Enforcement. The ED had attached assets worth Rs 205 crore to MGM Maran and his associates under PMLA in 2016.
BhartiAirtel: Department Of Telecom, Hyderabad, imposes penalty of ₹1,07,000 on company for alleged violation of subscriber verification norms
South Indian Bank: hikes lending rates by 5 bps across tenures w.e.f. November 20, 2023
Softbank: sells 1.83 cr shares of Delhivery at an avg price of Rs 403.51/sh
Cipla: gives guarantee of ZAR 945 million to First Rand Bank, South Africa
Guarantee for extending general banking facilities to subsidiary Medpro Pharma
SATIN CREDITCARE:
Boardmeet To Consider Fund Raising Via NCDs
RATEGAIN TRAVEL TECHNOLOGIES:
Boardmeet To Consider and determine the issue price for QIP
OBEROI REALTY:
Executes an Agreement for Sale with Ireo Residences and others for acquiring land admeasuring approx 14.816 Acres at Sector 58, Gurugram, Haryana
Consideration for the transaction is in the form of event/ time linked monetary consideration of upto Rs 597 Crore Company’s entitlement from the project at full potential estimated upto 2.6 Million square feet of FAR
Transaction marks the Company’s foray into the NCR region Intends to primarily develop a luxury residential group housing project on the said land
ZEN TECHNOLOGIES:
SECURES NEW ORDER
Announces the receipt of an export order valued at US $ 5.12 Million (Approximately Rs 42 Crores) Order comprising state-of-the-art simulators, is from a friendly nation
KAYNES TECHNOLOGY INDIA:
Board Approves Raising Funds Upto Rs 1400 Crores Via Preferential Allotment/ QIP/ Rights Issue/ FPO
BIRLA CORPORATION:
GETS API LICENCE
Informs that the American Petroleum Institute grants License to the Company’s Cement Plant at Chanderia namely, Birla Cement Works, to use official API monogram on manufactured products viz. API Well Cement Class G w.e.f. 17th November, 2023
Company intends to participate in the tender process to cater to the needs of the oil exploration entities
DELHIVERY:
LARGE TRADE SVF DOORBELL (CAYMAN) LIMITED SELL 1,83,05,480 Shares @ Rs 403.51/ Share
JINDAL STAINLESS:
LARGE TRADE HYPNOS FUND LIMITED SELL 17,50,000 Shares @ Rs 477.25/ Share Promoter JSL OVERSEAS LIMITED
BUY 17,50,000 Shares
VEDANTA: CRISIL DOWNGRADES
Crisil Ratings has downgraded its ratings on the longterm bank facilities and debt instruments of the Company to ‘CRISIL AA-’ from ‘CRISIL AA’
And placed these ratings on ‘Rating Watch with Developing Implications’ from ‘Rating Watch with Negative Implications’
@daytradertelugu
