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STOCK MARKET UPDATES




*    Care Ratings: The board approved the incorporation of a wholly-owned subsidiary in GIFT City, Gujarat. 

*    UltraTech Cement: The composite scheme of arrangement between Kesoram Industries and UltraTech Cement has been successfully completed, marking a significant milestone for both companies.

*    Aditya Birla Capital: Promoter to exercise a green shoe option for shares of Aditya Birla Sun Life AMC.

*    Tata Consultancy Services: The U.S.-based Central Bank selected TCS BaNCS to update core technology infra.

*    KIOCL: The company installed four vertical pressure filters in the pellet plant unit at Mangalore, with the capacity of each filter at 100 tn/hr.

*    GPT Healthcare: The company reported revenue of Rs 96.6 crore, up 4% YoY, and net profit of Rs 11.5 crore, up 37.4% YoY for Q3 FY24.

*    Shakti Pumps: The board approved the QIP of up to Rs 200 crore at a floor price of Rs 1,272.09 per share.

*    Matrimony.com: The board approved the reappointment of Murugavel Janakiraman as managing director for three years, effective April 1.

*    Rushil Decor: The company incorporated the unit Rushil Modala Ply for the manufacturing and sale of plywood and allied products.

*    SKF India: The company appointed Mukund Vasudevan as President of the Industrial Region, India and Southeast Asia.

*    Aurobindo Pharma: The company received USFDA approval for the Mometasone Furoate Monohydrate nasal spray.

*    Apollo Hospital: The company redesignated Madhu Sasidhar as President and CEO of the hospital's Division, effective April 1.

*    Narayan Hrudayalaya: The company approved an allotment of 30,000 NCDs worth Rs 300 crore on a private placement basis.

*    Patanjali Foods: The company issued a clarification that the Supreme Court order relates to ads for ayurvedic products and medicines from Patanjali Ayurved and has no bearing on the company.

*    Protean eGov: Technologies Sudeep Bhatia resigns as CFO of the company w.e.f. June 14, 2024.

*    Deccan Gold Mines: Unit Deccan Gold Tanzania has discovered gold and lithium reserves in Tanzania, a significant step towards the company's strategy to diversify into critical minerals.

*    NBCC: The company's subsidiary, HSCC (India), has secured a Rs 14 crore work order for lab equipment procurement for the Himachal Pharma Testing Lab.

*    VodafoneIdea: ATC Telecom to convert optionally convertible debentures issued by the company amounting to ₹1,440 crore into equity shares of the company.

*    Persistent System: The company acquired a 100% shareholding of Persistent Systems U.K. from Aepona Group.

*    Samvardhana Motherson International: The company has announced the acquisition of an 81% stake in the Yachiyo 4W business and 100% equity capital in Yachiyo India manufacturing.

*    IFCI: The company has approved a preferential issue of equity shares worth Rs 500 crore to the government for FY24.

*    Indiabulls Housing: The board approved offering a circular for foreign currency-denominated bonds.

*    Jayaswal Neco Industries: The company says the New Delhi Court discharged the company from coal block cases.

*    SBI cards: declares an interim dividend of ₹2.50/sh for FY24.

*    Time Technoplast: The company gets approval from peso for manufacturing of high-pressure type-IV composite cylinder, prototype for hydrogen.

*    Jio Financial Services: The Company subscribed to 40M equity shares of Jio leasing services for cash at par aggregating 400M Rupees for its business purposes.


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