Investors Meetings on June 7
CarTrade Tech: Officials of the company will be interacting with investors & analysts
Meghmani Finechem: Officials of the company will meet Taurus Asset Management.
Krishna Institute of Medical Sciences: Officials of the company will meet various investors in Singapore.
Motherson Sumi Wiring India: Officials of the company will meet analysts and investors in non-deal roadshows in UK and Europe.
Eicher Motors: Officials of the company will meet SBI Life Insurance Company.
Gati: Officials of the company will meet DSP Mutual Fund.
Stocks in News
Veljan Denson: The company has signed share purchase agreement to acquire 100% shareholding in Adan Holdings, for 1.4 million pounds. Aban holds stake in hydraulics and engineering companies in UK. The said acquisition will be completed by August 2022.
Equitas Small Finance Bank: The small finance bank reported 22% YoY growth in Q1FY23 gross advances at Rs 21,699 crore and the sequential increase was 5%, while deposits growth was 19% YoY and 8 percent QoQ at Rs 20,386 crore.
Deep Industries: The company has received Letter of Awards from ONGC, for charter hiring of 1000 HP mobile drilling rigs for Ahmedabad asset for a period of 3 years. The total estimated value of the said awards is $19.02 million or Rs 150.24 crore.
PBA Infrastructure: The company said the board has approved voluntary delisting of equity shares of the company from NSE, but equity shares would remain to be listed on the BSE.
East West Holdings: The company has entered into Share Purchase Agreement with Unique Airfreight Express and Logistics Private Limited. It will acquire 37.5% stake in Unique Airfreight Express in the first tranche and the remaining 62.5% stake will be acquired within a period of 1 year. The cost of acquisition is Rs 4 crore.
Titagarh Wagons: HDFC Asset Management Company sold 2.15% stake or 25.7 lakh shares in the company via open market transactions on July 4. With this, HDFC AMC reduced its shareholding in the company to 7.02%, down from 9.17% earlier.
City Union Bank: The bank said the board of directors approved raising further capital through QIP route to the tune of Rs 500 crore subject to shareholder approval.