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Infosys Limited : Infosys Collaborates with TDC Net to Accelerate Digital TransformationAims to modernize TDC Net’s IT infrastructure, improve customer experience, and optimize cost.
Virtuoso Optoelectronics Limited : The Company has incorporated a Wholly Owned Subsidiary Company with the name Virtuoso Polymers Private Limited (“VPPL”) on July 29, 2024.
Tanla Platforms Limited : The United States Patent and Trademark Office (USPTO) has granted two new patents to Tanla Digital Labs Private Limited, a wholly owned subsidiary of Tanla Platforms Limited. These patents are focused on enhancing the security of SMS communication.
Thinkink Picturez Ltd : The Company has revised the Record Date and has fixed August 09, 2024 as the Revised Record Date for the purpose of determining the eligibility of Shareholders for sub-division/ split of existing 1 Equity Share of Face Value of Rs. 5/- each each fully paid up to into 5 Equity Shares of face value of Re. 1/- each each fully paid up.
Firstsource : Company launches Firstsource relAIto drive digital transformation for clients.
SAT INDUSTRIES LIMITED : The Company has executed the Shareholders’ Agreement , and has successfully completed the acquisition of first tranche i.e., 13,17,720equity shares equivalent to 51 % of the issued and paid-up share capital of M. R. Organisation Limited based out of Ahmedabad from the existing Shareholders of the Investee Company.
Oriental Rail Infrastructure Limited : Company has secured order worth Rs. 1,92,22,200/- from ‘Modern Coach Factory (MCF), Raebareli, Indian Railways’
Supra Pacific Financial Services Limited: Board meeting is postponed from Aug 1st to Aug 5th, To Approval of fund raising.
Nazara Technologies Limited : Based on the intimation received from Next Wave Multimedia Private Limited a subsidiary of the Company, the acquisition of all the Intellectual Property rights pertaining to the “UTP – Ultimate Teen Patti” casual freemium card game / software and associated trademarks from U Games Private Limited has been completed, upon payment of the final tranche of the consideration of INR 1,00,00,000 inclusive of applicable taxes, in cash.
Jindal Stainless Limited : Board approved raising of funds .
Piramal Pharma Limited : The Board granted its approval for sale of Company’s unit comprising of a plot of land and factory premises situated at A-159, MIDC, Wagle Industrial Estate, to Sankalpan Architects Private Limited (“Buyer”), for a proposed consideration of Rs. 9 Crores approx. and for execution of a Memorandum of Understanding with the Buyer.
NTPC LTD : Consequent upon successful commissioning and due approvals, second and last part capacity of 26 MW out of 40 MW Ayodhya Solar PV Project (Uttar Pradesh) of NTPC Green Energy Limited (a wholly-owned subsidiary of NTPC Limited), is declared on Commercial Operation. And also the Board meeting to be held on Aug 2nd 2024 ,To consider fund raising.
Scanpoint Geomatics Limited : Board Approved the issue of fully paid-up Equity Shares of the face value of ₹2/- each for an amount not exceeding Rs. 50 crores to all the eligible equity shareholders of the Company, as on the record date on a rights basis (“Rights Issue”).
eMudhra Limited : eMudhra Inc, wholly owned subsidiary company of eMudhra Limited has concluded and signed definitive agreements to acquire 100% ownership interest of Sendrcrypt Technologies Inc, USA, a email security product and solutions company for a consideration of US $ 3 million.
Mangalam Organics Limited : The Bombay High Court on Monday, July 29, 2024, passed an order in respect of trademark infringement suit against the Patanjali Ayurved Ltd and imposed ₹4.5 crore costs on Patanjali Ayurved Ltd. for alleged violation of its 2023 ad-interim order that restrained Patanjali from selling camphor products.
Beat The Street | Stock Market News, [31-07-2024 08:32]
Garden Reach Shipbuilders & Engineers Limited : M/ s Medha Servo Drives Pvt. Ltd., Hyderabad, for the joint manufacture of advanced electrical/ electronic equipment and systems to be manufactured under the joint brand name of Med ha Servo Drives Pvt. Ltd. and GRSE.
KRANTI INDUSTRIES LIMITED : The company has received purchase order (Sample Order) from its new customer named as Kalyani Technoforge Limited.
Almondz Global Securities Ltd. : Holding Company namely, Avonmore Capital & Management Services Limited has filed Draft Letter of Offer (DLOF) before the Stock Exchanges for raising funds up to Rs. 4900 Lakhs by way of Rights Issue.
Macrotech Developers Limited : Board Approved scheme of merger Roselabs Finance Limited (“RFL”),1) National Standard (India) Limited (“NSIL”) and Sanathnagar Enterprises Limited (“SEL”)(RFL, NSIL and SEL together referred to as “Transferor Companies”) with Macrotech Developers Limited (“Transferee Company” or “the Company”’ or “MDL”) and their respective shareholders (“the Scheme”).
Vedanta: The company received the go-ahead from 75% of its secured creditors for its planned split into six independent listed companies. The company has received a tax demand of Rs 1,289.1 crore from the National Faceless Assessment Centre for the assessment year 2021
BLS International Services Limited : Board meeting to be held on aug 5th to raising of funds.
MERCURY EV-TECH LIMITED : The Scheme of Merger (‘Scheme’), involving merger of wholly-owned subsidiary companies namely EV Nest Private Limited with Mercury EV-Tech Limited .
Paras Defence and Space Technologies Limited : The Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry has granted Industrial license to M/s. Paras Defence and Space Technologies Limited (“the Company”) for establishing an Industrial undertaking for manufacturing of the 1) Holographic Sights 2. Infrared based cooled and uncooled Thermal Vision Devices: Cameras.
ITCONS E-Solutions Limited : The company has entered into loan grant agreement with M/s Mahhaguru Navgrah Private Limited.
REC Ltd : After receipt of necessary consideration by REC Power Development & Consultancy Limited (“RECPDCL”), a wholly owned subsidiary of REC, the entire shareholding of NERGS-I Power Transmission Limited, comprising of 50,000 equity shares, held by RECPDCL, has been transferred at par value along with all its assets and liabilities on July 30, 2024 to the successful bidder selected through tariff based competitive bidding process.
Indus Towers: the Board of Directors of the Company at its meeting held today, i.e., July 30, 2024 has considered and approved the buyback of up to 5,67,74,193 equity shares, representing approximately 2.107% of the total number of equity shares in the paid-up share capital of the Company, at a price of INR 465/- per equity share in the tender route
Dhanuka Agritech Ltd: the Board of Directors of the Company is scheduled to be held on Friday, 2 nd August, 2024, inter-alia, to consider and approve Un-audited Standalone and Consolidated Financial Results of the Company for the Quarter ended 30th June, 2024. And also to consider the proposal for buyback of fully paid-up equity shares of the Company through Tender Offer route
Lloyds Engineering Works Ltd. : The company is pleased to announce the acquisition of 77% of Techno Industries Private Limited (TI) via a share purchase agreement
HFCL : The company Develops Critical Defense Technologies Indigenously with Focus on Exports
Mehai Technology Ltd: the Board at its meeting held today has approved Raising of funds through issue of Convertible Equity Share Warrants (“Warrants”) to the Promoters, Promoter Group and other Public Investors on Preferential Basis by issuing up to 2,80,00,000 Warrants convertible in one or more tranches to equity shares of ₹10/- each of the Company at a price of ₹35/- (including premium of ₹25/-) for each Warrant subject to necessary Shareholders’ approvals
Beat The Street | Stock Market News, [31-07-2024 08:32]
Quint Digital Limited : the Company has completed the acquisition of the stake held by 360 One Seed Ventures Fund- Series 2
Hindustan Zinc: The company received an income tax demand worth Rs 1,170 crore for AY 2021. This demand is based on identical disallowances and additions imposed in previous years and the company has secured favourable orders from the Income Tax Appellate Tribunal on these same issues in earlier years
Mahindra and Mahindra Finance: The board approved raising up to Rs 1,500 crore via bonds. The size of the issue is Rs 250 crore, with a green shoe option up to Rs 1,250 crore.
Adani Energy: The company opened QIP at a floor price of Rs 1,027.1 per share
Power Grid: The company reported that the Rs 40,000 crore undersea interconnection deal with the Middle East is incorrect. The company has not made any assertions, and no such negotiations have occurred
Samvardhana Motherson International: The company will consider fundraising on August 2.
Marico: The company received a 142 crore income tax demand for AY 21 on account of various transfer pricing adjustments made. The company plans to file a rectification application.
South India Bank: The board approved raising up to Rs 750 crore through QIP or other means
