🔹 Minda Corporation signs an agreement with Turntide Technologies to form a joint venture for next-generation EV powertrain solutions.
🔹 Jagsonpal Pharmaceuticals board to meet March 12 to consider a share buyback proposal.
🔹 Paint, Oil Marketing & Aviation Stocks gain as crude oil prices cool, indicating possible relief from Russia-related sanctions pressures.
🔹 MSP Steel & Power sees investor interest with Ilex buying 8.04 lakh shares and Vinay Finvest purchasing 9 lakh shares.
🔹 ideaForge Technology begins drone flight testing programme for NATO.
🔹 Dixon Technologies (India) receives government approval for a joint venture with China’s HKC Overseas.
🔹 NTPC Green Energy commences operations of the second phase of the Andhra Solar PV project.
🔹 Arvind SmartSpaces sees Adi Pirojsha Godrej acquire 8.17 lakh shares.
🔹 Mahindra & Mahindra reports 13.1% YoY growth in production, reaching 94,550 units.
🔹 SJVN Limited’s Nathpa Jhakri Hydro Power Station crosses the milestone of 150 billion units of electricity generation.
🔹 Max Estates secures RERA approval for the Max One project in Noida after a 9-year delay.
🔹 Hinduja Global Solutions signs an MoU with Uttar Pradesh State Transport Corporation under Project GANGA to connect 20 lakh homes.
🔹 Defence stocks Bharat Dynamics Limited, Bharat Electronics Limited, and Data Patterns (India) in focus as Indonesia agrees to procure BrahMos missiles from India.
🔹 Torrent Power raises ₹2,000 crore through NCDs at 7.97% coupon via private placement.
🔹 Manorama Industries board to consider fund-raising proposal on March 12.
🔹 Lemon Tree Hotels signs agreement to operate a 76-room hotel in Uttar Pradesh.
🔹 National Stock Exchange of India announces six new stocks in F&O segment effective April 1, including Adani Power, Cochin Shipyard, Hyundai Motor India, Nippon Life India Asset Management, Vishal Mega Mart, and Motilal Oswal Financial Services.
🔹 Optiemus Infracom to invest ₹156 crore in subsidiary Optiemus Electronics.
🔹 Mahanagar Gas Limited acquires 26% stake in FPEL Reliant to develop a solar power plant in Maharashtra.
🔹 Suraj Industries acquires 20.01% stake in VRV Foods for ₹14.85 crore.
🔹 Tata Power to invest ₹50 crore for 40% stake in Dorjilung Hydro Power.
🔹 Sayaji Hotels signs hotel management agreement with Vicon Imperial.
🔹 Swan Defence and Heavy Industries promoter Hazel Infra plans to sell 5% stake via OFS.
🔹 GAIL (India) Limited appoints Rohit Mathur, Joint Secretary at the Ministry of Petroleum & Natural Gas, as Government Nominee Director.
🔹 Bajaj Finserv’s Bajaj General Insurance reports gross direct premium of ₹1,094 crore.
🔹 Tata Capital housing finance arm allots 1.3 crore shares worth ₹650 crore to the parent company.
🔹 TCPL Packaging signs agreement to acquire 26% stake in SPV Clean Max Hana.
🔹 Reliance Industries subsidiary Reliance Retail acquires ‘Pahadi Local’ brand.
🔹 AGI Infra completes QIP, allocating 28 lakh shares at ₹265 per share.
🔹 IDFC First Bank flagged by Chandigarh Municipal Corporation over a ₹116-crore security fraud case.
🔹 ASM Framework Updates
-
Jindal Poly Films added to Short-Term ASM.
-
Mahindra Logistics and Yatra Online removed from ASM framework.
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.
