STOCKS IN ACTION 30 JUNE Bharat Petroleum: The company’s boar | Indian Stock Market

STOCKS IN ACTION 30 JUNE

Bharat Petroleum: The company’s board approved raising up to Rs 18,000 crore via rights issue.

PowerGrid: The company approved an aggregate investment of Rs 388.94 crore. It will invest in establishment of Telecom network for NTAMC at an estimated cost of Rs 164.38 crore, Western Region expansion scheme at an estimated cost of Rs 115.09 crore and ICT Augmentation at Navsari associated with integration of 7 GW RE power from Khavda RE park at an estimated cost of Rs 109.47.

Tata Communications: The company will acquire U.S. based Kaleyra at an aggregate cost of $100 million (Rs 820 crore). The company will be acquired with a gross debt of $224.9 million and net debt of $149.9 million in its books.

SBI Life Insurance: The company reappointed Mahesh Kumar Sharma as a Managing Director and CEO of the company.

HDFC: The company acquired 612 equity shares of Xanadu Realty, representing 5.46% of its paid-up equity share capital upon conversion of 938 compulsorily convertible debentures held by it in Xanadu. The shares are acquired at Rs. 4,08,501 apiece, aggregating to a total consideration of Rs. 25 crore

The Federal Bank: AP Hota will take charge as Part Time Chairman of the bank with effect from June 29, 2023 till Jan. 14, 2026 following the retirement of C Balagopal.

Zee Entertainment: The company has withdrawn its Expression of Interest in the resolution plan process for Reliance Broadcast Network.

Canara Bank: The bank approved Rs 7,500 crore by way of debt instruments.

Tata Chemicals: Life Insurance Corporation increased stake from 5.06% to 7.12%.

Dalmia Bharat: Dalmia Bharat Sugar and Industries demerges to form Dalmia Bharat Refractories.

Zydus Life gets tentative nod from USFDA for Palbociclib tablets, 75 mg, 100 mg, and 125 mg, which is used for treatingt a certain type of Breast Cancer

Micron have formally signed an MoU for setting up a semiconductor ATMP facility in Sanand today, and the letter of allotment has been handed over

RCap approves IndusInd International Holdings resolution plan

ICICIBank approves draft scheme of arrangement for delisting of ICICISecurities by issuing shares

MCX says, have decided to extend support services being rendered by 63Moons for 6 months starting July 1

NAVIN FLUORINE INTERNATIONAL: Consider Fund Raising Via QIP/ Public Issue/ Preferential Issue, etc

AMRUTANJAN HEALTH CARE To Consider Buy-Bank Proposal