IGI Logo

The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index after Nifty closed 18 points lower at 24,123 on Tuesday.

Confidence Petroleum India:

The company says acquired 99.99% stake in Punjab Petroleum Corporation; cost of acquisition at 19.50 rupees per share.

Tara Chand Infralogistic Solutions:

The company has been awarded contract from Rashtriya Ispat Nigam worth INR 170 million.

Standard Capital Markets:

The company approved issuance of NCDs worth up to INR 4.02 billion on a private placement basis.

CDSL:

The company approved issuance of bonus shares in ratio 1:1.

KCP:

The company has approved the proposal of railway siding project along with input material handling equipment and system and cement grinding hydraulic roller press at Muktyala, NTR District, Andhra Pradesh.

Piramal Enterprises:

The company approves issuance of non-convertible debentures up to INR 1.8 billion; issuance of NCDs on private placement basis.

Sumit Woods:

The company says project to launch in August 2024, approximately 4 lakh sq. ft. with revenue potential of approximately around Rs. 350 crore.

Steel Exchange India:

The company says continuous casting machine has been successfully implemented and is ready for commissioning; increases company's installed capacity from 2,50,000 MTA to 3,60,000 MTA of billets.

Ajooni Biotech:

The company secures prestigious order worth Rs. 4.95 crore from one of Asia's largest and India's top 10 dairy suppliers.

Thyrocare Technologies:

The company says execution of business transfer agreement with Polo Labs; company would be acquiring Polo's diagnostic and pathological services business for a deal valued at INR 42.6 million.

RVNL:

The company wins order worth INR 133 crore.

Puravankara:

The company is providing a corporate guarantee for its subsidiary's proposed issuance of secured, rated, redeemable, NCDs worth up to INR 220 crore.

Nephro Care India:

The public issue was subscribed to 715.85x. The bids were led by institutional investors (245.14x), non-institutional investors (1,787.56x), and employee portion (20.44x).

HCLTech:

The company launches global delivery center in Patna; center to focus on delivery of IT and engineering services.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740