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Harsha Engineers Worldwide: The biggest producer of precision bearing cages is scheduled to make its Dalal Road debut on Monday as the corporate raised Rs 755 crore through its preliminary stake sale by promoting shares within the vary of Rs 314-330 crore between September 14-16.
Bharat Petroleum Company: The state-owned oil advertising and marketing agency mentioned it has signed an settlement with Brazilian nationwide oil firm Petrobras for sourcing crude oil from the Latin American nation as a part of plans to diversify its sourcing wants.
imports a big quantity of crude oil which is became gas at its three oil refineries.
Britannia Industries: The board of administrators of the FMCG main has elevated Varun Berry to Govt Vice-Chairman and Managing Director of the corporate, and appointed Rajneet Kohli as Govt Director & Chief Govt Officer, with rapid impact. Rajneet Kohli will report back to Varun Berry.
: The state-owned coal miner will signal agreements with three public sector enterprises — Bharat Heavy Electricals (
), (IOCL) and (India)– with the intention to arrange 4 floor gasification tasks.
Redington India: Apple’s latest telephone iPhone 14 shall be made in India as the worldwide tech
bets large on the manufacturing prowess of the world’s second-biggest smartphone market after China. The made-in-India iPhone 14 will start to achieve native prospects within the subsequent few days.
: The promoter of agrochemicals firm offloaded 10 lakh shares of the agency for Rs 315 crore by way of open market transactions. The shares have been picked up by a clutch of home mutual funds (MFs), overseas traders and an insurance coverage firm.
Sterlite Applied sciences: Mihir Modi has tendered his resignation as Chief Monetary Officer and key managerial personnel of the IT firm. He shall be relieved from his duties with impact from October 15.
Embassy Workplace Parks REIT: Blackstone will promote a stake price as much as $400 million in Embassy Workplace Parks REIT, India’s largest actual property funding belief, through block offers, and Abu Dhabi’s sovereign wealth fund is more likely to choose up a minimum of half of the stake that Blackstone is to promote, reported Reuters.
: The non-banking finance firm has raised Rs 40.35 crore by way of its non-convertible debentures difficulty. The board members have authorised an allotment of 402 non-convertible debentures of face worth of Rs 10,03,924 every with a maturity on April 1, 2024, on a personal placement foundation.
: The fintech & cost infrastructure firm has consolidated its worldwide enterprise to aggressively faucet and increase its world digital cost gateway infrastructure market. It plans to extend its world play within the digital funds area by going aggressively with its flagship model CCAvenue.
Goa Carbon: The economic equipment agency mentioned the board of administrators will meet on September 29 to think about elevating of funds by way of difficulty of fairness shares to the present fairness shareholders. The fund elevating shall be by way of rights difficulty.
: The pharmaceutical firm has accomplished its sale of 19.97 per cent fairness shares in Optimus Medication to Sekhmet Pharmaventures. Accordingly, it has obtained cost in the direction of completion of sale of first tranche.
: The state run utility agency mentioned its board has authorised elevating Rs 1,200 crore through a rights difficulty of 240 crore shares. The Securities Concern Committee of the Board. at its assembly authorised the rights difficulty. The corporate will elevate Rs 1,200 crore by way of issuance of 240 crore shares with face worth of Rs 2 every at a problem worth of Rs 5 per share.
: The specialty chemical firm has resumed its operations at its Mahad plant in Maharashtra. It can proceed to extend the capability utilisation in subsequent few weeks. The plant was shut down for 21 days to undertake upkeep actions.
SM Gold: Vikasa India EIF I Fund-Incube International Alternatives has picked up 51,000 fairness shares within the BSE listed jewelry firm at a mean worth of Rs 40.15 apiece, transaction is valued at about Rs 20.5 lakh, the majority deal knowledge from the bourses confirmed.
A Infrastructure: The cement firm has obtained letter of intent from MP Industrial Improvement Company for allotment of 1.01 lakh sq. meters land. It is going to be establishing a big manufacturing unit.
GG Engineering: Uttam Kumar has resigned as Chief Monetary Officer of the motor and generator manufacturing firm, citing private and unavoidable circumstances.
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