26-06-2024 09:10 AM | Source: ARETE Securities Ltd
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.

 

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