STOCKS IN ACTION 23 APRIL
Indian Overseas Bank: The company will raise up to Rs 1,000 crore via debt and Rs 5,000 crore
via equity.
Patel Engineering: The board approved the opening of the QIP issue at a floor price of Rs 59.5 per share, which is a 10% discount to the current market price. The company may offer a discount of
up to 5% on the floor price.
Wipro: The company's step-down unit, Synchrony Global, has been voluntarily dissolved effective
today.
Hero MotoCorp: CTO Arun Jaura resigned from his position effective April 30.
IndusInd Bank: The company launched the pilot of programmable central bank digital currency in collaboration with Circularity Innovation Hub India.
R R Kabel: The Board approved the termination of Dinesh Aggarwal as CEO, effective today. The roles and responsibilities of the CEO will be taken over by Shreegopal Rameshwarlal Kabra, MD of the company.
KP Energy: The company received a 9 MW wind power project order from Bhathwari
Technologies.
Pantanjali Foods: The company incorporated two wholly owned subsidiaries, Contemporary Agro and Rishikrishi Farming for Rs 20 lakh each.
HPL Electric and Power: The company launched a new product, HPL Fans, in SAARC countries, the Middle East and African countries.
Redtape: The company commenced online operational activity from its new warehouse situated in Bhiwandi.
INOX WIND: BOARD MEETING ON APRIL 25 TO CONSIDER ISSUANCE OF BONUS EQUITY SHARES TO SHAREHOLDERS OF COMPANY
HERO MOTOCORP: CO SAYS CHIEF TECHNOLOGY OFFICER (CTO) ARUN JAURA RESIGNS W.E.F APRIL 30
MUFIN GREEN FINANCE: BOARD MEETING ON APRIL 26 TO CONSIDER RAISING OF FUNDS BY PRIVATE PLACEMENT OF NON-CONVERTIBLE DEBENTURES
WIPRO: CO SAYS SYNCHRONY GLOBAL SDN. BHD., STEPDOWN UNIT OF CO HAS BEEN VOLUNTARILY DISSOLVED
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