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STOCK MARKET UPDATES 15/04/2024



 

*    Coforge shareholders approve fundraising via QIP or issuance of shares, or other securities.

*    Bharti Hexacom: Sanjeev Kumar and Surajit Mandol resigned from the board effective today.

*    Bharti Hexacom: Sanjeev Kumar & Surajit Mandol resign from the company’s board with effect from April 12, 2024. Resigns due to termination of shareholders agreement upon the consummation of the IPO of the company.

*    Power Grid Corp: The company will consider raising Rs 12,000 crore via NCDs on a private placement basis in a board meeting on April 17.

*    Reliance Power: The company has transferred its 45 MW wind power project located in Maharashtra to JSW Renewable Energy for a consideration of Rs 132.39 crore.

*    Patanjali Foods: The company said segmental volume in Q4 experienced mid-single-digit growth (YoY) and revenue from the edible oil segment in Q4 showed modest single-digit growth compared to the previous quarter.

*    Mphasis signs strategic collaboration agreement with AWS to launch Gen AI foundry for financial services.

*    Zuari Industries: NCLT gave the nod to merge Zuari Sugar and Power with the company.

*    ISMT: The company received two orders worth Rs 343.7 crore from ONDC for the supply of casing pipes.

*    Granules: The U.S. FDA inspected at the Andhra Pradesh facility between April 8-12 and ended with zero observations.

*    Engineers India: The company signed an MoU with Detect Technologies for Al-based monitoring of construction sites.

*    Rail Vikas Nigam: The company received a letter of acceptance for works in connection with the new line project of Araria - Galgalia of N.F. Railway. The project cost is Rs 95 crore.

*    Ami Organics: The company approved the raising of funds up to Rs 500 crore through QIP.

*    Aster DM's board declares a special dividend of ₹118/share.

*    Air India temporarily suspends flights to Tel Aviv, says official.

*    Zaggle Prepaid: The company signed an agreement with Eversub India to provide employee expense & benefits management platform Zaggle Save.

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