STOCKS IN ACTION 3 MAY
Bajaj Finance: The Reserve Bank of India lifted restrictions on the company's eCOM and online digital Insta EMI Card products with immediate effect.
Adani Energy: The company is in a pact with Windson Project to acquire Pointleap Projects for Rs 13.15 crore.
Max Estates: The company arm signed an agreement for a residential development project in Gurugram with a GDV potential of over Rs 9,000 crore.
UGRO Capital: The company plans to raise Rs 1,323 crore via CCDs and warrants and acquire
'MyShubhLife' for an aggregate consideration of Rs 45 crore.
Mazagon Dock Shipbuilders: The company received an international shipbuilding order worth $42 million to construct three hybrid-powered vessels.
Hindustan Unilever: HUL appointed Vipul Mathur as Executive Director, Personal Care, effective
June 1.
Wipro: The company will implement Wipro's Medicare Prescription Payment Plan platform for the upcoming open enrollment period.
Indian Energy Exchange: The company achieved 9,044 MU overall volume in April, marking a 14.1% YoY increase, and REC volume at 618 MU, up 211% YoY.
Jubilant Pharmova: The company appointed Harsher Singh as CEO of the Radio pharma business.
Gujarat Industries Power: The company entered into a loan agreement worth 2,832 crore with the national bank for financing infrastructure and development.
Moil: The company reported April production up 22% YoY and sales up 17% YoY.
KEl Industries: The company partnered with BRUGG to produce EHV cables up to 400 kV.
Zydus Lifesciences: The company to sell shares worth Rs 282 crore of JV Bayer Zydus Pharma
Bayer Zydus Pharma to cease to be a JV of the company post the stake sale.
Birla Corporation: The company approved the restructuring of the scope of the second phase expansion of the existing capacity of the grinding cement plant in Uttar Pradesh. The expansion will feature an investment of Rs 425 crore.
Suzlon Energy: The company approved the merger of Suzlon Global Services with the company
TVS Holdings: The company is to acquire the remaining 10.74% stake in Emerald Haven Realty from Sandwood Investments for Rs 41.16 crore.
Aptech: The board approved the amalgamation of Arm MEL Training and Assessments, Aptech Ventures, and Aptech Investment Enhancers to merge with the company.
Goodyear India: CFO Manish Mundra resigned effective June 30.
L&T TECHNOLOGY SERVICES: FORVIA AND CO AGREE STRATEGIC PARTNERSHIP ON ULTRA-LOW EMISSIONS ENGINEERING IN GERMANY AND INDIA || CONTRACT OF APPROXIMATELY €45M; FIVE-YEAR PARTNERSHIP
J K CEMENT: CO SIGNED WITH NOMINATED AUTHORITY OF MINISTRY OF COAL, COAL MINE DEVELOPMENT AND PRODUCTION AGREEMENT || CO SAYS AGREEMENT FOR WEST OF SHAHDOL (SOUTH) COAL BLOCK
HAPPY FORGINGS: CO WINS ORDER WORTH 350 CR RUPEES FOR SUPPLY OF E AXLE COMPONENTS FOR ELECTRIC SUVS IN THE US MARKET
NLC INDIA: CO SAYS IN MATTER OF DISPOSAL OF CO'S PLANT TO METRO MACHINERY TRADERS,ARBITRATOR AWARDED 1.25B RUPEES TILL DATE OF AWARDS
GujaratToolroom: acquires 65-acre land parcel in Gujarat to set up a green energy project at an investment of Rs 572 crore.
YesBank: receives a service tax demand order of over Rs 6.42 crore, including a penalty.
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