Stocks in Focus;
Greenlam Industries Ltd fixes Feb 11, 2022 as record date for stock split
ASM Technologies and Hind High Vacuum form a Joint Venture for Semiconductor Equipment Manufacturing
Amber Enterprise: has entered into the definitive agreements with Pravartaka Tooling Services and acquired 60% stake in its equity share capital.
IFCI: has called an Extraordinary General Meeting on Feb. 24 to approve issue of equity shares aggregating upto Rs 100 crore by way of preferential allotment to Government of India
Ganesh Benzoplast Ltd to issue warrants at Rs. 103
Cantabil Retail India opens 7 new showrooms in January 2022
Shree Cement: commenced commercial production at its Clinker Grinding Unit having capacity of 3.0 MTPA set-up at Patas in Pune District of Maharashtra
Cadila Health ZydusUniverse has started the supplies of its COVID-19 vaccine ZyCoV-D, to Govt. It's a 3-dose vaccine administered on day 0, day 28 and day 56. The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
Dalmia Cement Bharat: added its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha
IMAGICAAWORLD to reopen from 04th February 2022
RattanIndia Enterprises Budget announcement will boost the drone industry
BPCL: The company has approved proposal for evaluating the option of putting up a Polypropylene unit at Kochi Refinery and to discontinue the Polyols project due to revised cost estimates are higher than the original estimate.
Amber Enterprises India acquires 60% stake in Pravartaka
Anupam Rasayan acquires stake in Tanfac Industries Ltd
Bharat Forge: along with Bharat Forge International has acquired additional 366,451 fully diluted equity shares of Tewa Motors pursuant to the conversion of the Convertible Loan Note. The shareholding in Tewa Motors has now increased from 34.45% to 39.71%.
Tata Teleservices: has changed its decision to convert AGR related interest into equity. Following a communication with Department of Telecommunication has informed the company that the NPV of the interest which is eligible for conversion into equity is only Rs.195.22 crore as against company’s calculation of Rs.850 crore. Therefore, the company has now opted for deferment of 4 years
Future Retail: has failed to pay Rs. 3,494.56 crore to consortium banks and lenders under the One Time Resolution agreement The
amount was due on Dec. 31
