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20-03-2024 08:32 AM | Source: ARETE Securities Ltd
Nifty closed 238 points lower at 21,817.45 on Tuesday - ARETE Securities Ltd

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The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index after Nifty closed 238 points lower at 21,817.45 on Tuesday.

UltraTech Cement:

The composite scheme of arrangement with Kesoram Industries has been successfully executed, signifying a substantial landmark for both companies.

KIOCL:

In the pellet plant unit located in Mangalore, the company has successfully installed four vertical pressure filters, each boasting a capacity of 100 tons per hour.

Matrimony.com:

The board has sanctioned the re-appointment of Murugavel Janakiraman to the position of managing director for a term of three years, commencing on April 1.

Rushil Decor:

The establishment of the unit Rushil Modala Ply has been completed by the company, dedicated to the production and distribution of plywood and related products.

Narayan Hrudayalaya:

The company has sanctioned the issuance of 30,000 NCDs, aggregating to a sum of Rs 300 crore, through a private placement.

IFCI:

The firm has endorsed a preferential allotment of equity shares valued at Rs 500 crore to the government for the fiscal year 2024.

Persistent System:

The acquisition of a complete 100% stake in Persistent Systems U.K. from the Aepona Group has been finalized by the company.

Indiabulls Housing:

The board has authorized the release of a circular related to the offering of bonds in foreign currency.

Aditya Birla Capital:

The promoter is set to utilize the green shoe option for the shares of Aditya Birla Sun Life AMC.

Care Ratings:

The company's board has ratified the establishment of a fully owned subsidiary within GIFT City, Gujarat.

Apollo Hospital:

Apollo Hospital: The firm has reappointed Madhu Sasidhar as President and CEO of the Hospitals Division, with the new designation taking effect from April 1.

Samvardhana Motherson International:

The firm has declared the procurement of an 81% interest in Yachiyo 4W's operations and full equity ownership in Yachiyo India's manufacturing unit.

 

 

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