InterGlobe Aviation
Promoters, including co-founder Rakesh Gangwal and the Chinkerpoo Family Trust, are set to offload shares worth ₹7,028 crore via a block deal. The offer price is fixed at ₹5,808 per share, about 4% lower than the last closing.
Biocon
Its subsidiary has received tentative USFDA approval for Sitagliptin Tablets, used to improve glycemic control in adults with type 2 diabetes mellitus.
JSW Steel
The company has received a certificate of incorporation for its new JV, APJSW Private Ltd, with Andhra Pradesh Mineral Development Corporation.
Hubtown
The board has approved the amalgamation of Distinctive Realty and Nitant Real Estate with Amazia Developers, and subsequently with Hubtown.
BSE Ltd.
Subsidiaries BSE Investments and BSE Administration & Supervision will merge with BSE Technologies to streamline operations.
SBI Cards
Signed an agreement with Flipkart to launch a co-branded credit card, strengthening its retail partnership.
United Breweries
Announced a ₹90 crore investment to expand capacity by 0.4 million litres at its Nizam Brewery in Telangana.
SMS Pharma
Received a USFDA Establishment Inspection Report with a No Action Indicated (NAI) status for its central laboratory in Hyderabad.
Oil India
Entered into a joint venture with BPCL for City Gas Distribution in Arunachal Pradesh.
Power Grid Corp
Approved implementation of NERES-XXIII, a north-eastern expansion project, at a cost of ₹209.4 crore.
Nazara Technologies
Subsidiary Kiddopia Inc signed a loan pact of up to ₹8.73 crore with its UK arm.
Sportskeeda Inc and Nazara Tech (Mauritius) also signed loan pacts of ₹5 crore and ₹4 crore, respectively, with their UK subsidiaries.
Muthoot Finance
Priced $600 million fixed-rate notes at 6.375% due 2030, under its $2 billion Global Medium-Term Note Programme.
Zaggle Prepaid
Signed a five-year deal with Standard Chartered Bank to provide its prepaid payments platform to corporate clients.
Utkarsh Small Finance Bank
Reported ₹1,241 crore disbursements in its micro-banking portfolio (GLP: ₹9,079 crore) and ₹1,028 crore disbursements in non-micro banking (GLP: ₹10,145 crore).
VIP Industries
Promoters to sell 4.54 crore shares, triggering an open offer and leading to a change in company control.
HG Infra
Subsidiary achieved financial closure for a ₹781.11 crore NH-47 road upgradation project in Gujarat (Narol Junction to Sarkhej Junction).
Dr Agarwal’s Eye Hospital
Approved amalgamation of Dr Agarwal’s Health Care with itself, and preferential allotment of 1.3 lakh shares to AHCL at ₹5,270 per share.
Manappuram Finance
Signed a deal worth ₹4,384 crore with BC Asia Investments, which will invest ₹2,192 crore for 9.29 crore shares at ₹236 each and join as a co-promoter.
Adani Energy Solutions
Incorporated a new wholly owned subsidiary, Adani Energy Solutions Step-Fifteen.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.