Wednesday, 15 June 2022

@AlliesFin Serve Stock Market's Post

Stocks in News post Market Hours :

1)ASIAN PAINTS LIMITED : Company has subscribed to 51% of the equity share capital of Weatherseal Fenestration comprising of 10,409 equity shares of Rs. 10 each at a premium of Rs. 18,091 per share, issued on preferential basis for an aggregate cash consideration of Rs. 18,84,13,309

2)NLC IndiaLtd, Engineers India : NLCIL appoints Engineers India Ltd as Project Management Consultant for Methanol Project

3)GPT Infraprojects Limited : Company has incorporated a new subsidiary at Republic of Ghana for manufacture of concrete sleepers.

4)G R Infraprojects Ltd : GR BANDIKUI JAIPUR EXPRESSWAY PRIVATE LIMITED" wholly owned subsidiary of the Company has executed the concession agreement with the National Highways Authority of India on 14th June 2022

5)SUKHJIT STARCH & CHEMICALS LTD : Company has successfully commissioned Hydrogen Generating Plant from Biogas produced from biomass/ process effluent at its new manufacturing unit commissioned at Phagwara (Punjab)

6)Inda National Ltd : subsidiary Kineco Ltd's -Patent for "Eccentric Assembly for Sliding Door", invented by its Rail Divisions' in house R&D team

7)Sigachi Industries Limited : Company has incorporated a wholly owned subsidiary in Dubai, UAE, under the name of “SIGACHI MENA FZCO” as a Free Zone Company in compliance with the regulations issued by the Dubai Integrated Economic Zones Authority (DIEZA)

8)Pacheli Industrial Finance : Board meeting On June 18 to approve the following:
I. To consider Right Issue and raise funds for expansion.
2.To consider acquiring purpose
and Epand In hosphality business.

9)Tarson Products Limited : Company has entered into a Memorandum of Understanding (MOU) dated 14th June, 2022, with Board of Radiation & Isotope Technology, Government of India (BRIT) in relation to setting up of Gamma Radiation Processing Plant of the Company at Amta, Howrah, West Bengal for captive consumption purpose

10)Shriram City Union Finance Limited : approved the issue of Secured Rated Listed Redeemable Principal Protected Market Linked Non-Convertible Debentures (PP-MLD) of face value of % 10,00,000/- each for an amount of Rs 50 crores(“Base Issue size”)with green shoe option upto Rs 250crores agercgating up to 3000 PP-MLDs amounting to Rs 3,00,00,00,00/-as one or more issuances, in one or more tranches either as fully paid up or partly paid-up on private placement basis

11)Moneyboxx : MoneyBoxx Finance advances its financial inclusion drive by expanding in Haryana

12)Wipro to quadruple the number of employees in Norway
With increased local investment, Wipro is positioning itself as a core part of the business eco-system in Norway

13)Cipla : Cipla and DNDi launch child-friendly 4-in-1 antiretroviral treatment for young children living with HIV in South Africa

14)DEV INFORMATION TECHNOLOGY LTD : DEV IT bags order worth Rs. 2.52 crore for Online Integrated Portal for Farmers (RajKisan Saathi) comprising of services related to agriculture, horticulture, seed certification, seed corporation, and agriculture marketing.

15)Arihant Superstructures Limited: approved allotment of 10,00,000 (Ten Lacs) Senior, Secured, Unrated, Unlisted, Redeemable, Non-convertible Debentures (NCDs) to Indian Real Estate Investment Fund totally aggregating to Rs. 10,00,00,000/ - (Rupees Ten Crores Only) having Face Value of Rs. 100 (Rupees Hundred Only) each on Private Placement basis

16)Praveg Communications : the Company has received a Letter of Award (“LoA”) dated June 13, 2022 from Tourism Corporation of Gujarat Limited (TCGL) for “Development of Site at Adalaj, Gandhinagar, Gujarat as a Themed Destination”

17LIC: The company’s stake in Hero MotoCorp has increased from 9.163% to 11.256%. It has also increased its stake in Hindustan Unilever to 5.008%.

18)NTPC: The company has started commercial operations for 15 MW out of 56 MW Kawas Solar PV Project at Kawas, Gujarat, taking its total operational capacity to 54,666.68 MW.
By: via @AlliesFin Serve Stock Market

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