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The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 24 points lower at 22,642.75 on Tuesday.

Shyam Metallics:

The company has initiated a new production line for stainless-steel hotrolled coils at its Odisha facility.

ICICI Prudential:

The company has been issued a GST order valued at Rs 20.5 crore by theGujarat tax authorities for the fiscal year 2019.

Exide Industries:

The company announced the acquisition of a 26% stake in Clean MaxArcadia for Rs 5.3 crore.

Welspun Living:

The company has received NCLT approval for the amalgamation schemeinvolving its 5 wholly owned subsidiaries.

PB Fintech:

The company has established PB Pay Pvt as a wholly owned subsidiary.

Shoppers Stop:

The company has entered into a collaboration with EaseMyTrip to offersponsored holidays.

Maruti Suzuki India Ltd.:

The company has ramped up the production capacity at its Manesarfacility by 1 lakh units, reaching a total capacity of 9 lakh units annually.

Gland Pharma:

Lakumi Trust and Nicomac Machinery divested a combined 4.9% stakein the company for Rs 1,411 crore through open market transactions.

Craftsman Automation:

The company is establishing a new green field plant in Rajasthan with aninitial investment of Rs 150 crore to enhance its presence in northernIndia and support growth across its diverse business segments.

IndusInd Bank: The company’s promoters are set to acquire a 60% stake in Invesco’sIndian operations, with Invesco retaining a 40% stake post-deal.

Dixon Technologies (India):

The company is set to acquire a 50.10% stake in Ismartu India, a leaderin electronics and mobile device manufacturing, for an initial sum ofRs 238.36 crore.

Edelweiss Financial Services Ltd.:

The company has launched a public issue of Secured Redeemable NonConvertible Debentures valued at ?200 crore, with an option to extendup to ?100 crore, offering a yield of up to 10.46% per annum.

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