Latest news with #AdityaBirlaFashion&Retail
Business Standard
2 days ago
- Business
- Business Standard
Stock Alert: Mastek, Kaynes Tech, Kamat Hotels, Uno Minda, Natco Pharma
Securities in F&O ban: Aditya Birla Fashion & Retail (ABFRL), Biocon, Central Depository Services (CDSL), HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 20 June 2025. Stocks to Watch: Mastek announced the launch of a comprehensive suite of AI solutions and services aimed at accelerating AI innovation and driving enterprise-wide AI adoption. Kaynes Technology Indias board approved raising funds via QIP with floor price of Rs 5,625.75 per share, marking a 1.67% discount to the last closing price. Kamat Hotels (India) has entered into shareholders arrangement agreement to acquire control in Ilex Developers & Resorts. Uno Mindas board approved the detailed project report (DPR) for setting up its new manufacturing facility of the casting division at Sambhaji Nagar, Aurangabad to carter the increasing demands of OEMs for casting parts in EV Vehicles. Axiscades Technologies has signed a strategic memorandum of understanding (MoU) with Aldoria, a European leader in space surveillance and situational awareness (SSA), aimed at bolstering Indias ability to monitor, manage, and secure its space assets amidst growing global activity in orbit. Natco Pharma informed that the U.S. Food and Drug Administration (USFDA) had conducted an inspection at its pharma division located in Kothur, Hyderabad, India, which was conducted from June 9th June 19th, 2025. The company has received 7 (Seven) observations in the Form-483. Sudarshan Pharma Industries board approved the proposal for raising Rs 1,500 crore through various instruments via different modes. United Spirits announced taking a majority controlling stake in NAO Spirits at an enterprise value of Rs 130 crore ($15.2 million), resulting in NAO Spirits becoming a subsidiary of the company.
Business Standard
4 days ago
- Business
- Business Standard
Stock Alert: Ugro Capital, Heranba Inds, Polycab India, EMS, Manba Finance
Securities in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 18 June 2025. Stocks to Watch: Ugro Capital has executed a share purchase agreement with Profectus Capital (Profectus) to acquire 100% stake of profectus for total consideration of Rs 1,398.60 crore. Heranba Industries chief financial officer (CFO), Rajkumar Bafna has tendered his resignation with effect from closing business of 30 June 2025. Polycab India has executed an agreement with BSNL as the project implementation agency (PIA) for design, supply, construction, installation, upgradation, operation and maintenance of middle mile network of Bharat Net in Karnataka, Goa and Puducherry Telecom Circle against Package No. 4 amounting Rs 6,447.54 crore (inclusive of GST). EMS has secured the lowest bidder status by UP Jal Nigam (Urban) for construction of various components for sewerage and sewage treatment scheme zone-1 Fatehpur, Uttar Pradesh. The order is worth Rs 183.81 crore. Sanghvi Movers informed that Ministry of Corporate Affairs has approved the change of name of wholly owned subsidiary company from Samo Renewables to Sangreen SioRenew with effect from 17 June 2025. Neuland Laboratories compliance officer has received an administrative warning letter from deputy general manager, SEBI regarding violation of SEBI (Prohibition of Insider Trading) Regulations, 2015) by a designated person. Manba Finances board will meet on Friday, 20 June 2025 to consider issuing debt securities upto Rs 200 crore on a private placement basis. Bombay Stock Exchange (BSE) informed that SEBI has approved Thursday as the revised expiry day for its derivatives contracts.
Business Standard
5 days ago
- Business
- Business Standard
Stock Alert: Zee Entertainment, Hikal, NTPC, Biocon, Hyundai Motor India
Secutries in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manapurram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 17 June 2025. Stocks to Watch: Zee Entertainments board approved the proposal to raise Rs 2,237 crore from promoter entities via issuing 16.95 crore warrants at issue price of Rs 132 per share. The warrants are proposed to be allotted to Altillis Technologies and Sunbright Mauritius Investments. Biocons board approved the issuance of qualified institutional placement (QIP) of Rs 4,500 crore at floor price of Rs 340.20 per equity share. Hikal has successfully passed the Brazilian Health Regulatory Agencys (ANVISA) GMP audit for its manufacturing unit located at Jigani in Bengaluru, Karnataka. The inspection, carried out by ANVISA, Brazil GMP (good manufacturing practices), was for multiple APIs which occurred from April 14th to April 18th, 2025. Hyundai Motor India has successfully commenced production of Passenger Vehicle Engines at its manufacturing facility Talegaon Plant located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase-II Expansion, Pune, Maharashtra, with effect from 16 June 2025. NTPCs board has scheduled a meeting on 21 June 2025, to consider the issuance of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (bonds/NCDs) aggregating upto Rs 18,000 crore, subject to approval of shareholders.
Business Standard
6 days ago
- Business
- Business Standard
Stock Alert: NTPC, Arkade Developers, ITC, Spicejet, Sun Pharma, Syngene Intl
Securities in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Energy Exchange (IEX), Indian Renewable Energy Development Agency (IREDA), Manapurram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 16 June 2025. Stocks to Watch: NTPCs board has scheduled a meeting on 17 June 2025 to raise Rs 4,000 crore through debt securities on a private placement basis. The company plans to issue unsecured non-convertible debentures (NCDs) amounting to Rs 4,000 crore through private placement at a coupon of 6.89% p.a. Arkade Developers has acquired a 6.28 acre freehold land parcel for a total consideration of Rs 172.48 crore including stamp duty, marking its foray into the Thane real estate market. The projected gross development value (GDV) is Rs 2,000 crore having a RERA saleable area of 9.26 lakh sq. ft., the project launch is slated for early 2026. NATCO Pharma said that the U.S. Food and Drug Administration (FDA) had conducted an inspection at the API manufacturing plant located in Mekaguda, Hyderabad, India, which was conducted from 09 to 13 of June 2025. Syngene International said that the United States Food and Drug Administration (US FDA) conducted a good clinical practices (GCP) compliance inspection of the companys facility located at Semicon Park, Bengaluru, from 09 to 13 of June 2025. Adani Enterprises has announced that its wholly owned subsidiary, Agneya Systems (ANIL), has incorporated a new wholly owned subsidiary named Astraan Defence. The newly incorporated subsidiary operates in the defence sector and will be engaged in the manufacturing of primers, propellants, ignitors, explosives, and ammunition of various types and calibers. Lemon Tree Hotels has announced the signing of a new property in Itanagar, Arunachal Pradesh. The property will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. Sun Pharmaceutical Industries announced the appointment of Kirti Ganorkar as the managing director to succeed Dilip Sanghvi, with effect from 1 September 2025. Meanwhile, USFDA conducted a good manufacturing practices (GMP) inspection at companys Halol facility (Gujarat, India) from 02 June to 13 June 2025. At the conclusion of the inspection, the USFDA issued a Form-483, with 8 observations. ITC has acquired 100% stake in Sresta Natural Bioproducts (SNBPL) for total consideration of Rs 400 crore. In addition, consideration of up to Rs 72.50 crore is payable in the next 24 months. Spicejets consolidated net profit surged 168.92% to Rs 341.88 crore on 16.08% jump in revenue from operations to Rs 1,395.96 crore in Q4 FY25 over Q4 FY24
Business Standard
13-06-2025
- Business
- Business Standard
Stock Alert: Jubilant Pharmova, Canara Bank, Torrent Power, DCM Shriram, CSB Bank
Securities in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, Hindustan Copper, Indian Energy Exchange (IEX), Indian Renewable Energy Development Agency (IREDA), RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 11 June 2025. Stocks to Watch: Jubilant Pharmovas board approved the sale and transfer of its active pharmaceutical ingredients (API) business on a slump sale basis to Jubilant Biosys, a wholly-owned subsidiary. The API business of the company achieved turnover of Rs 609 crore, representing 8.35% of the consolidated turnover for the financial year ended 31st March 2025. Canara Banks board has approved the capital raising plan for the financial year 2025-26 amounting upto Rs 9,500 crore by way of debt instruments (Additional Tier I/Tier II Bonds). Torrent Powers wholly owned subsidiary, Torrent Green Energy has emerged as successful bidder under competitive bidding and has received letter of award from Solar Energy Corporation of India (SECI) on June 11, 2025 for setting up of 300 MW Wind power project under Wind Tranche-XVIII. The estimated investment for the project is Rs 2,650 crore. DCM Shrirams board has approved signing of a definitive agreement to acquire a 100% stake in wholly owned subsidiary, Hindusthan Speciality Chemicals for Rs 375 crore, to enter into Epoxy & Advanced Materials space, as a downstream integration of Epichlorohydrin (ECH). Dixon Technologies (India) has executed a joint venture agreement with Signify to enable formation of a joint venture company in India to carry on the OEM business of lighting products and accessories. The shareholding of the JV Co. will be held in equal proportion (50:50) by the Company and Signify CSB Bank announced that Reserve Bank of India (RBI) has approved the reappointment of Pralay Mondal as managing director & CEO of the bank for a period of three years with effect from September 15, 2025.
