STOCKS IN ACTION 2 DECEMBER
PB Fintech: SoftBank’s SVF India Holdings is offering 22.8 million shares of the company at a floor price of Rs 440.2 each in a block trade, Bloomberg News reported citing terms of the deal.
SJVN Green Energy: signs MoU with Grid Corporation of Odisha for developing 1000 MW Hydro Electric Projects & 2000 MW Solar Power Project These projects will attract an investment of Rs 20,000 cr
NLC India: signs MoU with Govt of Odisha for Renewable Energy to set up Ground Mounted/Floating solar power projects, pumped hydro storage projects, green
hydrogen projects and other renewable projects
MOIL: Manganese ore production in November at 1.2 lakh tonnes, up 60% (MoM) Manganese ,ore sales last month grew 82% (MoM)
Tata Power: To set up 1,000 EV charging points and 1 lakh Solar Pumps in Odisha.TataPower will also set up Microgrids, Rooftop, Floating Solar and Pumped Hydro in Odisha in the next 5 years
Oberoi Realty: shareholders approve purchase of premises by company from Oasis Realty
NMDC: The government has invited expressions of interest to divest its 50.79% stake in the company. The company also reported a rise in production and sale of iron ore during November.
ONGC/Reliance Industries/GAIL: The government halved windfall tax on domestic crude to Rs 4,900 per tonne and reduced levy on diesel exports to Rs 6.5 per litre.
Hindustan Unilever: The company has formed an ESG committee to assist the board in overseeing the company’s strategy relating to ESG and sustainability matters.
Man Infraconstruction: Suketu R Shah resigned from the position of Joint Managing Director of the company, with effect from Dec.
Delta Corp: Co Says Govt Of Goa Issued Order For Payment Of License Fee For Shut Down Periods With Interest Co Says Will Be Pursuing Legal Remedies Against Order Says No Impact On Profit And Loss Account Or Financial Position Of Company Or Its Unit
Kotak Mahindra Bank: Co Allotted Non-Convertible Bonds Up To 15b Rupees On Private Placement Basis
Yes Bank: The Reserve Bank of India allowed Advent and Carlyle to pick up 9.99% stake each in Yes Bank on a conditional basis.
Punjab National Bank: Says Allotted Basel III Compliant Tier-II Capital Bonds Aggregating To 40b Rupees Allotment Of Basel III Compliant Tier-II Capital Bonds At A Coupon Of 7.89% P.A. On Private Placement Basis
Krishna Institute Of Medical Sciences: Co Acquired Additional Stake Of 4.07% In Unit KIMS Hospital Enterprises Shares Acquired At 200 Rupees Per Share
Ashiana Housing: Co Entered Into Development Agreement To Develop A Group Housing Project With Approximate Saleable Area Of 4.00 Lakh Sq. Ft At Village Murlipura, Jagatpura, Jaipur (Rajasthan)