All You Need To Know Going Into Trade On Oct. 9

All You Need To Know Going Into Trade On Oct. 9


  • Oswal Agro Mills: The company updates resignation of Narinder Kumar as CEO and Whole-Time Director.

  • Paradeep Phosphates: The company’s board approved NCLT-sanctioned merger scheme between Mangalore Chemicals and Fertilizers and the company.

  • Aditya Birla Capital: The company launches AI-powered features and innovations on its flagship omnichannel direct-to-consumer platform ABCD.

  • Bondada Engineering: The company commissions seventy-eight point three megawatt of solar projects in Tamil Nadu and Maharashtra.

  • Kirloskar Electric Company: The company executes supplementary agreement to sell property in Hubli.

  • IIFL Finance: The company appoints Girish Kousgi as Managing Director and CEO of its arm IIFL Home Finance.

  • Coal India: The company enters into a pact with IRCON International for development of rail infrastructure.

  • Panorama Studios International: The company executes a pact with Vintage Creative Media to distribute theatrical and non-theatrical rights of Marathi film ‘Yakshini’.

  • SML Isuzu: The company approves change of name to ‘SML Mahindra’ from ‘SML Isuzu’.

  • Bombay Stock Exchange: The company appoints Viral Davda as Chief Information Officer effective Nov. 4.

  • Marine Electricals (India): The company updates that Bombay High Court upholds arbitral award against GE Power Conversion.

  • Crompton Greaves Consumer Electricals: The company gets Rs 51.6 crore order for supply of solar rooftop from Telangana body.

  • Saatvik Green Energy: The company to launch UDAY Series ‘On-Grid Solar Inverters’ on Oct. 9.

  • EPL: The company updates that Anand Kripalu retires as Managing Director and Global CEO effective December 31 and appoints Hemant Bakshi as CEO designate effective Oct. 13.

  • Escorts Kubota: The company to invest up to Rs 2,000 crore on existing plants in Haryana by 2031.

  • Adani Power: The company is seeking consent for approval of additional amount of Rs 2,000 crore for an already approved Material Related Party Transaction.

  • Cholamandalam Investment and Finance Company: The company approves conversion of thirty thousand seven hundred compulsorily convertible debentures into twenty-two lakh forty thousand shares at conversion rate of Rs 1,369.05 per share.

  • Lupin: The company plans to build a manufacturing unit in Florida with projected cumulative investment of $250 million.

  • Ashoka Buildcon: The company acquires forty-four lakh five hundred thousand Class A CCDs and one crore Class B CCDs worth up to Rs 882 crore.

  • Uniparts India: The company’s board will meet on October 13 to consider a special interim dividend.

  • PVR Inox: The company launches India’s first luxury dine-in cinema at multiplex at M5 Ecity Mall in Bengaluru.

  • IRB Infrastructure Developers: The company to acquire eleven crore ninety lakh units of IRB InvIT Fund for up to Rs 753 crore.

  • Centum Electronics: The company has entered into a Memorandum of Understanding with Garden Reach Shipbuilders and Engineers for advancing indigenous capability in high-technology navigation systems for the Indian Navy.

  • HFCL: The company gets an order worth Rs 303 crore for supply of optical fiber cables from a renowned international customer.

  • GR Infraprojects: The company gets a Letter of Award worth Rs 290 crore from Jharkhand body for construction of Giridih Bypass Road.

  • Garuda Construction: The company gets work order worth Rs 144 crore for civil works of redevelopment project in Mumbai.

  • Hyundai Motor India: The company gets relief by Income Tax Appellate Tribunal with regards to miscellaneous petition; relief granted by ITAT will result in refund.

  • Dr Agarwal’s Health Care: The company completes acquisition of 12.25% stake of its arm Aditya Jyot Eye Hospital for Rs 6.25 crore.

  • Narayana Hrudayalaya: The company incorporates arm Narayana Hrudayalaya UK.

  • UGRO Capital: The company approves the issuance of three lakh non-convertible debentures worth up to Rs 300 crore on private placement basis.

  • IRB InvIT Fund: The company launches QIP of Rs 3,000 crore, deal can be upsized by another Rs 250 crore. Indicative offer price of Rs 60 per unit at 2.8% discount to CMP.

  • Sun Pharmaceutical Industries: The company approves scheme of arrangement involving amalgamation of five arms.

  • Triveni Turbine: The company updates that promoter Nikhil Sawhney Trust acquires additional 26.6% stake in Subhadra Trade. Promoter’s total stake in Subhadra Trade and Finance now stands at 63.3%. Subhadra Trade and Finance holds 27.28% in Triveni, hence promoter gains indirect control.

  • Insolation Energy: The company incorporates wholly-owned arm MGNJ Green Infra to set up solar power plants.



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