The company`s unit is in the process of subscribing to 99.93% of the sharecapital of BLS International Peru SAC - ARETE Securities Ltd
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The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 36 points higher at 22,502 on Friday.
Bharti Airtel:
The company has repaid its $550 million bond due May 20, 2024, from cashreserves, aligning with its debt reduction strategy at the HoldCo level,amidst currency devaluation impacts on its African operations.
Global Health:
The company plans to expand its healthcare facilities by adding 47 wardbeds in Lucknow in Q1 FY25, along with 2 additional ICUs (56 beds), adialysis extension (23 beds), and a chemo daycare (17 beds) in Patna in H1FY2025.
Kalpataru Projects International:
The company has been awarded EPC contracts by Aramco for the MGS-3project, with the deal valued at SAR 3.4 billion, approximately equivalent to?7552 crores.
Indian Railway Finance Corp:
The company has approved resource mobilization for FY2024-25, planningto raise up to ?500 billion from both domestic and international markets.
BLS International Services:
The company’s unit is in the process of subscribing to 99.93% of the sharecapital of BLS International Peru SAC.
Krishna Institute of Medical Sciences:
The company has executed an agreement to invest up to ?712.8 million inKIMS Hospital Bengaluru through subscription to preference shares.
Apollo Pipes:
The company has approved the commissioning of a new manufacturingplant in Mirzapur with an annual production capacity of 30,000 metric tons.
Tata Motors:
The company’s subsidiaries, TPEM and TMPV, have partnered with BajajFinance to offer financing programs for passenger and EV dealers.
Trident:
The company has announced the commissioning of an additional 5.9 MWProoftop solar power project at its Budhni facility in Madhya Pradesh,bringing the total installed capacity of the solar power plant to 40.9 MWP.
Signet Industries:
The company has approved a fund-raising initiative of ?490 million througha rights issue of shares.
Phoenix Mills:
The company has updated on the acquisition of a 6.56-acre land parcel inWhitefield, Bangalore, which is currently in the planning and design stage,with the land valued at ?230 crores.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
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