Thursday, 3 October 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*Godawari Power:* Company has appointed Mr. K.V.S.N. Raveendra as Chief Operating Officer effective October 1, 2024 (Neutral)

*Veefin:* Company has acquired a 26% stake in Regime Tax Solutions Pvt Ltd (Tax Genie) through its subsidiary, Estorifi Solutions Pvt Ltd. (Neutral)

*South Indian Bank:* Provisional gross advances up 13.07% for quarter ended September, provisional total deposit rose 8.62% (YoY) (Neutral)

*Thermax:* Company’s unit Thermax engineering Singapore makes further investment in unit Thermax (Thailand), investment of Rs 259 million. (Neutral)

*Tata Consultancy Services:* Company has announced a record date for the second interim dividend, pending board approval on October 10, 2024. (Neutral)

*Vaibhav Global:* Company Entered Into Spa for Transfer of Entire Shareholding in Encase Packaging (Neutral)

*Varroc Engineering:* Company unit enter into power purchase agreement with Ampin energy C&I thirty; agreement for acquisition of 26% stake in SPVS for up to Rs 97.2 million (Neutral)

*NMDC:* September total production at 3.04 MT, September total sales 3.54 MT vs 3.11 MT (YoY). (Neutral)

*Dabur:* Company expected to post a mid-single digit decline in consolidated revenue for September quarter. (Neutral)

*ESAF Small Finance Bank:* Company has decided to engage M/S. KYNDRYL solutions as the master system integrator of the Bank (Neutral)

*ITC:* Arm ITC Infotech India acquires 100% shares of Blazeclan Technologies for ₹485 crore. (Neutral)

*Mankind Pharma:* CCI approves Mankind Pharma's proposed acquisition of Bharat Serums and Vaccines for Rs 13,630 crore. (Neutral)

*Reliance Infra:* Company to raise approx Rs 2,930 crore via foreign currency bonds (Neutral)

*Adani Enterprises:* Company is looking to raise about $1.3 billion through a QIP: Bloomberg. (Neutral)

*Coal India:* Company reports provisional 1% decline in #coal production to 50.9 million tonne in September. (Neutral)

*PVR:* Company opened 5-screen multiplex at Alveal Fun Savvy Mall, Coimbatore, Tamil Nadu. (Neutral)

*Spice Jet:* Company clears salary dues totalling Rs 120 crore for its employees over the past four months. (Neutral)

*HCG:* Company has completed the upfront acquisition of 51% equity share capital of Vizag Hospital (Neutral)

*Suzlon:* Company has been issued an advisory cum warning letter from both the NSE and BSE, concerning non-compliance with the SEBI. (Neutral)

*Dalmia Bharat:* Company to acquire 25.38% of equity share capital of Bijlee Kandasamy Private Limited (Neutral)

*All Cargo:* Company has considered and approved the sale of its 7.60% equities of Haryana Orbital Rail held by the Company to Allcargo Terminals Limited, Promoter Group Company for total consideration of Rs.115 crores. (Neutral)

*Zuari Ind:* Company has acquired 50% stake in Forte Furniture Products from Fabryki Mebli Forte S.A. (Neutral)

*Hindustan Zinc:* Company's mined metal production up 2% year-on-year. (Neutral)

*OLA:* Company sold 23965 vehicles in September vs 26928 vehicles MoM.

*Marico:* Company expects gross margins to decline annually.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

SEBI issues consultation paper to review SME IPO and disclosure norms. Some key points are as follows 1. Minimum application size shall be...