*India Daybook – Stocks in News*
*Shree Renuka:* Expanded capacity for ethanol production, from 720 KLPD to 1250 KLPD, is expected to go on stream by Dec (Positive)
*AIA Engineering:* SAL Steel enters into a supply agreement for 3 years with AIA Engineering (Positive)
*Oil upstream stocks:* Govt reduces windfall tax on Crude to Rs 10,500/Tonne. (Positive)
*Exide Ind:* NCLT approves the scheme of amalgamation between Exide Life Insurance and HDFC Life Insurance. (Positive)
*Ambuja Cement:* Company appoints Ajay Kapur is CEO and Gautam Adani is Chairman (Positive)
*Aviation stocks:* Domestic airline passenger traffic rose 51% YoY in August, mainly due to a low base (Positive)
*STAR:* Company allots approximately 1.51 lakh shares of face value of Rs 10 each to Karuna Business Solutions. (Positive)
*Deepak Fertilisers:* The Vanguard Group Inc through Vanguard Emerging Markets Stock Index Fund A Series of V I E I F bought 6,88,921 equity shares (Positive)
*ACC:* Company names Karan Adani Chairman and Non-Executive Director. (Positive)
*Welspun Corp:* Company received order for supply of 785 miles or 100,000 MT of High Frequency Induction Welding (HFIW) pipes. (Positive)
*TVS Elec:* Signed Share subscription agreement with Swiftomatics services (Positive)
*Defense stocks:* Indian army invites tenders to procure emergency defence procurement (Positive)
*Mindhani:* Company secured an order of Rs. 185 Cr (Positive)
*Kernex Micro:* Issue of 13.65 Lakh Shares on Preferential Basis To Promoters & Non-Promoters (Positive)
*M&M:* Ontario Teachers to acquire 30% stake in Mahindra Susten for Rs 711 cr at an equity value of Rs 2,371 crore (Positive)
*Hercules:* Board meet on September 23 to consider demerger. (Positive)
*Granules:* Granules India proposed share buyback offer will open on Sep 27 and close on Oct 11. (Neutral)
*Maruti:* Company recall 5,002 super carry vehicles manufactured between May 4-July 30, 2022 (Neutral)
*Ambuja Cements:* Issue of 47.75 cr warrants at Rs 418.87 per share. (Neutral)
*Adani Power:* Company withdraws its delisting offer (Neutral)
*Tata Power:* Resurgent Power Ventures Pte. Ltd completes acquisition of South East UP Power Transmission Company Limited (Neutral)
*PayTM:* Funds frozen by ED don't belong to them, clarifies Paytm (Neutral)
*Motherson Wiring:* INTEGRATED CORE STRATEGIES sold 16794202 shares of Company.
*Lemon Tree:* INTEGRATED CORE STRATEGIES sold 5228379 shares of Company
*Asahi India Glass:* INTEGRATED CORE STRATEGIES sold 1580220 shares of Company
*Aptus Value:* INTEGRATED CORE STRATEGIES sold 2652173 shares of Company
*Ansal Housing:* HDFC sold 631059 shares of Company
*Indus Towers:* Bimal Dayal has tendered his resignation as Managing Director & CEO of the company and as a Director from the Board
By: via @AlliesFin Serve Stock Market
