IGI Logo

The markets are expected to open marginally lower today as trends inGIFT Nifty indicate a negative start for the broader index after Nifty closed3 points higher at 22,335.70 on Tuesday.

Shree Cement:

Company entered in asset purchase agreement with Starcrete LLP,acquiring five ready-mix concrete plants in Maharashtra for Rs 33.5 crore.

SRF:

Company established SRF Middle East, a wholly owned subsidiary basedin Dubai, dedicated to trading refrigerant gases.

Muthoot Capital:

Company collaborated with Greaves Cotton's division, Greaves Finance,through their dedicated EV lending platform, evfin, to provide financingfor electric two-wheelers throughout India.

Ethos:

The company has decreased its ownership in Silvercity Brands AG to35%, down from a previous 100%.

Signature Global India:

Through its subsidiary, the company has initiated the new project“Orchard Avenue-3” in Gurugram, encompassing a total of 235 unitsover an area of 1.66 acres.

Welspun Living:

The firm has obtained the sanction from the NCLT, Hyderabad Bench forthe merger of five entities into its structure and is currently pendingconsent from the NCLT, Ahmedabad Bench.

Allcargo Logistics:

For the month of February, the company’s LCL volume saw a 7% YoYincrease, while the FCL volume experienced a 5% YoY rise.

Oriental Rail Infrastructure:

The company has secured an order worth Rs. 1,249 crore from theMinistry of Railways for the manufacturing and supply of 3,055 BOXNHLwagons

Aurobindo Pharma:

Eugia Pharma has resumed the distribution of aseptic products and isset to commence commercial production from aseptic lines in a stagedapproach starting from the upcoming week.

Vakrangee:

The Reserve Bank of India has extended the company’s license foroperating white-label ATMs.

Gensol Engineering:

The firm has established Gensol Clean Energy as a fully ownedsubsidiary.

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

SEBI Regn. No.: INM000012740