Stocks in Focus;
Choice International: The company will consider rights issue on Jan. 14
Sharat Industries Ltd board to consider rights issue on Jan 18, 2022
Nupur SME bunus 1 : 10
Kirloskar Oil Engines: Invested 7.49b Rupees Towards Rights Issue Of Unit Arka Financial Holdings
India Steel Works forms committee to finalize terms of rights issue
Federal Bank: Co Unit FedFina gets board approval for IPO
IMFA board allots 2,69,77,053 bonus shares
RAMINFO Ltd to acquire CCPS of Karkinos Healthcare
DB Realty: The company has called for an extraordinary general meeting on Feb. 2 to alter the articles of association and increase authorized share capital from Rs 375 crore to Rs 450 crore taking equity shares from Rs 300 crore to Rs 37 crore. It has also proposed to issue fully convertible warrants on preferential basis.
RITES: The company has signed memorandum of understanding with SMEC group to explore infrastructure opportunities
DLF clocks sales worth INR 1500 crores for its initial offering in ONE Midtown
KPI Global: The company commissioned 2.964 MW solar power project under Captive Power Producer segment
Ultratech Cement: The company has commissioned Line II of the Bara Grinding Unit in Uttar Pradesh taking its total cement manufacturing capacity in India to 114.55 mtpa
Orosil Smiths India Ltd to open 1st apparel showroom in Noida
Hindalco: Novelis, a wholly owned subsidiary of the company, will build $365 million aluminum recycling plant in U.S. with annual capacity of about 240,000 metric tons of sheet ingot. It is expected to commence operations in 2024
Federal Bank launches instant 30-minutes loan approval portal for MSMEs
The Great Eastern Shipping company: The company bought back 30,000 shares at Rs 310.01 from Kotak Securities.
Tata Teleservices: The company has decided to convert interest related to AGR dues of Rs 850 crore into equity. The government will hold approx. 9.5% stake as per company’s estimates. In October, the company had decided to opt for deferment of these dues.
Shriram Transport Finance: The company has raised $475 million Fixed Rate Senior Secured 144A Reg S Bond
Ugro Capital: The company recorded total disbursements at Rs 414 crore in December 2021 as compared to Rs 319 crore in November. As a result, the overall AUM as on December 2021 stood at Rs 2,590 crore, up 97% since March 2021 and 130% since December 2020
Indian Railway Finance Corporation: The company updated its global medium term note programme by increasing the principal amount of notes that may be issues from $4,000,000,000 to $7,000,000,000
