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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 189 points higher at 22,336.4 on Monday.

UltraTech Cement:

The company disclosed the acquisition of a grinding unit and captive railwaysiding from India Cement for ?315 crore, and plans to invest an additional?504 crore to expand the capacity of two units.

Patel Engineering:

The company has received board approval to initiate the QIP issue, settingthe floor price at Rs 59.5 per share. This represents a 10% discount to theprevailing market price. Additionally, the company is considering offering afurther discount of up to 5% on the established floor price.

Redtape:

The company has begun online operational activities from its newlyestablished warehouse located in Bhiwandi.

Patanjali Foods:

The company has established two wholly owned subsidiaries, ContemporaryAgro and Rishikrishi Farming, with an investment of Rs 20 lakh for each.

Indian Overseas Bank:

The company is set to raise funds amounting to Rs 1,000 crore through debtinstruments and a substantial Rs 5,000 crore through equity.

KP Energy:

The company has received an order for a 9 MW wind power project fromBhathwari Technologies.

Wipro:

The company has announced the voluntary dissolution of its step-downunit, Synchrony Global, effective today.

PSP Projects:

The company has sanctioned fundraising through a QIP at a floor price of?682.59 per equity share.

HAL:

The company announced the signing of a Transfer of Technology agreementwith National Aerospace Laboratories for the production of theBismaleimide Engine Bay Door, intended for the series production of theLight Combat Aircraft Tejas Mk1A.

Vodafone Idea:

The company’s FPO attracted global institutional investors, achieving fullsubscription at ?18,000 crore with QIBs at 1.23x, NIIs at 1.93x, and retail at 42%.

Magnum Ventures:

The company has approved the issuance of 7.5 million warrants at an issueprice of ?60 each

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