The company receives a corporate agent license from IRDAI - ARETE Securities Ltd
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The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 183 points higher at 23,721 on Tuesday.
Tata Steel:
The company acquired 1,25,00,000 equity shares of face value ?10 each, aggregating to ?12.5 crore in Indian Foundation for Quality Management.
JTEKT India:
The company has evaluated and approved a capacity expansion for CVJ Forging Child Part with a proposed capacity expansion of approximately 1.4 million units.
GR Infraprojects:
The company approved a non-binding counter offer for the acquisition of a 100% equity stake in GR Aligarh Kanpur Highway by Bharat Highways InvIT.
Tech Mahindra:
The company's plan of merger of its unit HealthNxt Inc. with its parent company Tech Mahindra (Americas) has been approved.
Kalpataru Projects:
The company wins an order worth ?2,333 crore.
Milkfood:
The company approved the issue of bonus shares in the ratio of 1:1.
Hitachi Energy:
The company wins an order worth ?790 crore.
Balaxi Pharmaceuticals:
The company expands global reach with strategic hospital partnerships in Angola and tender business success in Latin America.
Ravindra Energy:
The company will sell its stake in its subsidiary and will receive a consideration of an aggregate amount of ?69.70 crore in respect of the sale.
Muthoot Microfin:
The company receives a corporate agent license from IRDAI, enabling it to offer tailored insurance plans to its customer base.
Inventure Growth & Securities:
The company approved a rights issue size of ?489.3 million at a rights issue price of ?2.33 per share. The approved rights entitlement ratio is 1:4.
Time Technoplast:
The company received an additional order for the supply of composite cylinders for a total value of ?550 million.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
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