Wednesday, 19 March 2025

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

*India Daybook – Stocks in News*


*Zydus Lifesciences:* Company receives final approval from USFDA for Apalutamide Tablets, 60 mg. (Positive)

*IMFA:* Company signed a Share Subscription and Shareholders Agreement with JSW Green Energy One Ltd & JSW Green Energy Seven Ltd. (Positive)

*Avenue Supermarts:* Company opened 2 new stores, 1 in Adoni, Kurnool and 1 in Haralur, Bengaluru, Total store count is now 398. (Positive)

*Bajaj Auto:* Company approves re-appointment of Rajiv Bajaj as MD & CEO for another 5 years from April 1. (Positive)

*Supreme Petrochem:* Company announced the acquisition of Xmotd Polymers Pvt. Ltd., acquiring 100% of its equity shares. (Positive)

*Steel companies:* DGTR recommends 12% safeguard duty on non-alloy & alloy steel flat products for 200 Days (Positive)

*Brigade Enterprises:* Company and Gruhas, the investment platform co-founded by Nikhil Kamath and Abhijeet Pai, announced the launch of a dedicated fund for property technology and sustainability-driven startup. (Positive)

*Dr Reddy’s Lab:* Alvotech & Dr Reddy’s announce FDA acceptance of biologic license application for AVT03. (Positive)

*BPCL:* Collaborates with BluJ Aerospace, ANERT, and CIAL to Launch the World's First Hydrogen-Powered VTOL Aviation Ecosystem (Positive)

*IndusInd Bank:* Ashok Hinduja: Will propose new CEO names to RBI from Sept (Agencies). (Neutral)

*Hindustan Zinc:* Company has been fined ₹5.42 lakh each by the BSE and the NSE for non-compliance with board composition norms. (Neutral)

*Bharti Airtel:* Company secures shareholder nod for infrastructure sale to Indus Towers. (Neutral)

*TVS Supply Chain Solutions:* Andrew Jones resigns as, CEO, Europe of TVS Supply Chain Solutions, UK w.e.f. May 31, 2025. (Neutral)

*L&T:* Company to consider fund raising by way of debt issue on March 21, 2025. (Neutral)

*Nazara Technologies:* Company acquired 8.97% equity shares of Absolute Sports for ₹69.17 Cr. (Neutral)

*JSW Infrastructure:* Company announced the redemption of Commercial Papers (CP) on their due date, March 18, 2025. (Neutral)

*GSS Infotech:* Company announced the appointment of Mr. Sonu Kumar as Chief Financial Officer. (Neutral)

*Canara Bank:* Raised ₹4,000 Cr through 7.46% Tier II bonds. (Neutral)

*Oriental Rail:* Company announced securing an order from Integral Coach Factory (ICF), Chennai, and Indian Railways. The order is valued at Rs 1.89 cr (Neutral)

*Mahindra & Mahindra Financial:* India Ratings & Research Pvt Ltd reaffirmed the company's credit rating on Mar 17, 2025. (Neutral)

*Dynamic Services:* Company announced a new work order from The West Bengal Power Development Corporation Limited. The total order value is Rs 3.74 Cr. (Neutral)

*Vadilal Industries:* Company announced the continuation of Mr. Rajesh R. Gandhi and Mr. Devanshu L. Gandhi as Managing Directors. (Neutral)

*Coromandel Agro Products:* Company announced the retirement of CFO Mr. Satyanarayana Kothuri, effective Mar 18, 2025. (Neutral)

*ESAF Small Finance Bank:* Bank to consider fund raising via issuance of NCDs (Tier II Bonds) on preferential basis on March 21. (Neutral)

*ZF Commercial:* Company announced the resignation of Mr. Hariprasad Rayapalyam, Vice President and Head – Legal, effective March 18, 2025. (Neutral)

*LIC:* Company Issues Clarification, Says Is In Advanced Talks With a Standalone Health Insurance Company to Acquire Substantial Stake. (Neutral)

*BMW Industries:* Company announced the resignation of Independent Director Mr. Dilip Kumar Mandal. (Neutral)

*Kerala Ayurveda:* Company announced the resignation of Ms. Jyothi Gulecha from the position of Company Secretary & Compliance Officer (Neutral)

*Ecoboard Industries:* Company’s board appointed Tanuja Anand Deshpande as Company Secretary & Compliance Officer on Mar 18, 2025. (Neutral)

*SAL Steel:* Company’s board meeting on Mar 18, 2025, appointed Radhika P. Soni as Company Secretary & Compliance Officer, effective Mar 18, 2025. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

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