All You Need To Know Going Into Trade On April 3

  • UltraTech Cement: The corporate will make investments Rs 32,400 crore in the direction of ongoing capex over the following three years. It has commissioned two new items in Chhattisgarh and Tamil Nadu to surpass 150 MTPA capability.

  • Bharti Airtel: The corporate permitted the allotment of 1.38 crore shares to overseas foreign money convertible bondholders at a conversion worth of Rs 518 per share.

  • HCLTech: The corporate’s arm accomplished the divestment of a 49% stake in JV with US-based State Avenue. The arm obtained proceeds value $172.5 million for stake divestment, termination of providers, and settlement of contractual commitments.

  • JSW Power: The board permitted a fundraise of as much as Rs 5,000 crore through QIP at a flooring worth of Rs 510.09 per share.

  • Biocon: The corporate has accomplished the transaction of the switch of the enterprise of Biocon Biologics to Eris Lifesciences on a ‘droop sale’ foundation for Rs 1,242 crore, together with working capital changes.

  • Sunteck Realty: The corporate entered right into a long-term settlement to lease the second premium industrial constructing at BKC Junction, Sunteck Icon, to Bennett, Coleman, and firm. This can permit the corporate to generate income of near Rs 2,000 crore over the course of 29 years.

  • Anupam Rasayan: The corporate signed a letter of intent value practically Rs 743 crore with a Japanese multinational firm to produce two superior intermediates utilizing fluorination chemistry beginning in FY 2024–25.

  • Zee Leisure Enterprises: MD and CEO Punit Goenka takes the choice to implement a voluntary 20% discount in private remuneration.

  • Dhanlaxmi Financial institution: The corporate reported whole deposits at Rs 14,259 crore, up 6.8% YoY and whole advances at Rs 10,409 crore, up 5.6% YoY for This autumn.

  • Jammu and Kashmir Financial institution: The corporate signed an settlement with New India Assurance for servicing and soliciting their insurance coverage merchandise by the corporate’s department community.

  • Hindustan Zinc: The corporate reported mined metallic output at 2.99 lakh tonne, down 1% YoY and silver output at 6.1 million ounces, up 4% YoY for This autumn.

  • Shriram Properties: The corporate obtained a penalty order value Rs 447 crore for AY19 from the Chennai tax authority.

  • Zensar Applied sciences: The corporate’s arm, Foolproof Singapore, merged with itself and ceased to exist as a separate authorized entity efficient April 1.

  • PNC Infratech: The corporate signed Rs 117 crore settlement pacts with NHAI in the direction of one-time settlement of contractual disputes.

  • Ashiana Housing: The corporate offered all Gurugram undertaking items for Rs 440.32 crore.

  • PC Jeweller: Karur Vysya Financial institution has accepted a one-time settlement proposal submitted by the corporate to settle excellent dues.

  • Fast Heal Applied sciences: The enterprise arm of the corporate Seqrite introduced a strategic partnership with M. Tech Options to considerably develop its presence in India and solidify its place additional within the essential enterprise and authorities segments.

  • ESAF Small Finance Financial institution: The corporate has been operationalising its authorised seller class 1 licence with impact from April 2. Class 1 license: permission to deal in overseas alternate transactions.

  • Ramco Cements: The corporate has commissioned Line II and commenced industrial manufacturing on March. 31. The cement manufacturing capability of Line II is 0.90 million metric tonnes each year. The combination capability of the Odisha grinding unit has elevated to 1.Eight MTPA.

  • Nalco: The corporate reported solid metallic manufacturing at 4.6 lakh MT, metallic gross sales at 4.7 lakh MT and bauxite excavation at 76 lakh MT for FY24.

  • Olectra Greentech: The corporate prolonged its cooperation settlement with BYD Auto Trade for manufacturing and sustaining electrical buses till Dec. 31, 2030.

  • Manali Petrochemical: The corporate prolonged its engagement with Fortuna Public Relations for an additional two years, from April 1, 2024, to March 31, 2026. FPRPL will proceed to behave as public relations consultants for media and investor relations, company picture constructing, and associated issues.

  • Moil: The corporate achieved manufacturing and gross sales in FY24, with a 35% improve in manufacturing and a 30% improve in gross sales year-on-year.

  • Chalet Motels: The corporate permitted the issued worth for 1.26 crore shares to be allotted to QIBs at Rs 792 per share.

  • GE T&D INDIA: The corporate’s holding firm, GEC, has introduced the meant break up of GEC into GE Aerospace and GE Vernova. The power enterprise of GEC will likely be spun off beneath GE Vernova, efficient right this moment.

  • SONA BLW: The corporate obtained approval for a second hub wheel motor for electrical two-wheelers beneath the PLI scheme.

  • Droneacharya Aerial: The corporate obtained Rs 4.67 crore order for drone and geographic data system knowledge processing from the UK.

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