Stocks in News post Market closure 👀
HERO MOTOCORP LTD : company JOINS THE ONDC NETWORK .
Maruti Suzuki India Limited : The Company is introducing 2 new variants in FRONX.
1) MARUTI FRONX ISS DELTA+ (O) 1.2L 5MT ESP -RS 8,93,000
2) MARUTI FRONX ISS DELTA+ (O) 1.2L AGS ESP - RS 9,43,000 .
Rail Vikas Nigam Limited : Company has received Letter of Acceptance from Southern Railway for Provision of Automatic Block Signaling system in Jolarpettai Junction to Erode Junction of Salem Division in Southern Railway. Order Size RS. 2,39,09,95,615.92.
Transwarranty Finance Limited : Board has approved for raising of the funds.
TUBE INVESTMENTS OF INDIA LIMITED : The Board approved long-term borrowing up to Rs. 350 Cr. by way of term loan and/or by way of issue of privately placed secured non-convertible debentures, in one or more tranches, if required, to meet the Company's fund requirements for FY 2024-25.
VIKRAM THERMO (INDIA) LIMITED : The Board has been fixed 21st May, 2024 as the new/ revised record date for the purpose of the Scheme of Arrangement between Vikram Thermo (India) Limited and Vikram Aroma Limited for determining the entitlement of the equity shareholders of Vikram Thermo (India) Limited to receive, pursuant to the scheme, fully paid up equity shares of VAL in the ratio of 10:1.
Cochin Shipyard Limited : CSL secured a Large order from a European Client for construction of Hybrid Service Operation Vessel (Hybrid SOV).Order value 500-1000crores.
Capital Services Limited : Board has approved issuance of 200 units of Commercial Paper (CP) of INR 5,00,000/- each, aggregating to INR 10,00,00,000/- (Indian Rupees Ten Crores only) at a yield of 8.60% p.a., having maturity date of February 7, 2025.
PRESSURE SENSITIVE SYSTEMS (INDIA) LIMITED : Board meeting to be held on 18th may 2024 for the purpose of raising of funds.
Rudra Ecovation Limited : Board meeting to be held on 18th may 2024 for raising of funds.
TCM LTD : The company Entering into a MOU with M/s Biogenix Inc Pvt Ltd for contract manufacture of various reagents used in diagnostic laboratories for various tests on behalf of TCM Limited .
Vedanta: The company will consider raising funds via the issue of equity shares via FPO, rights issue or other means on May 16. Unit Cairn Oil and Gas's reserves and resources portfolio grew by 19% YoY to 1.4 billion barrels of oil equivalent
Zomato: Arm ZPPL will voluntarily surrender the certificate of authorization issued by RBI to operate as an online payment aggregator and also withdraw the application to operate as the issuer of pre-paid payment instruments
Shriram Finance: The board approved the sale of the entire stake in Shriram Housing Finance to Mango Crest & Warburg Pincus. Warburg Pincus to buy a unit for Rs 4,630 crore
Coromandel International: The company, through its arm, acquired an additional 7% stake in Chennai-based drone manufacturing company Dhaksha Unmanned Systems for Rs 150 crore.
Manali Petrochem: The company board approved setting up additional manufacturing facilities in western India
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