13-06-2024 09:04 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start - ARETE Securities Lt

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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 58 points higher at 23,322 on Wednesday.

Whirlpool of India:

The company has entered into a joint marketing agreement withHindustan Unilever, where both will collaborate on marketingprograms, advertorials, and product sampling initiatives

Dalmia Bharat:

The company, through its unit Dalmia Cement Bharat, has partneredwith Blupine Energy to establish a 47-MW solar power plant inKarnataka.

360 ONE WAM:

The company has approved the acquisition of Money Goals Solutionsfrom Times Internet for Rs 366 crore, with the deal comprising a cashconsideration of Rs 86 crore and an allotment of 35 lakh shares atRs 779.93 per share.

Sundaram Finance:

The company’s unit, Sundaram Home Finance, is targeting adisbursement of Rs 300 crore in the emerging business segment.

Amber Enterprises India:

The company has acquired an additional 4.6% equity stake in IL JinElectronics (India) at a cost of acquisition of Rs 332.3 million.

Saksoft:

The company has executed a share purchase agreement to acquire a100% equity interest in Augmento Labs, with the deal valued at Rs 1 bn.

Sobha:

The company has approved a rights issue set to open on June 28 andclose on July 4, with the rights issue price set at Rs 1651 per share.

Exide Industries:

The company has invested approximately Rs 750 million through asubscription in the share capital of its unit, Exide Energy Solutions, ona rights basis.

PNB Housing Finance:

The company’s board meeting is scheduled for June 18 to consider aproposal for fund-raising up to Rs 100 billion through the issuance ofnon-convertible debentures on a private placement basis.

Muthoot Microfin:

The company’s USD 25 million greenshoe option was oversubscribed,leading to the announcement of the closure of a USD 113 million ECB.

TTK Prestige:

The company has committed to a total of Rs 150 million incompulsorily convertible debentures.

 

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