Stock Market Latest News
Hindustan Aeronautics Limited: Stock Split 1 is to 2 Equity Share.
Hindustan Aeronautics the sub-division/ stock split of existing 1 (one) Equity Share of face value of Rs. 10/- each fully paid up into 2 (Two) Equity Shares of Rs. 51- each fully paid up. The Record Date for the purpose of sub-division of equity shares shall be Friday, the 29 th September, 2023, if sub-division is approved by the shareholders at AGM.
Sterlite Technologies implements an advanced communication system for Kochi Water Metro
Sterlite Technologies leading optical and digital solutions company, today announced that it has enabled a seamless communication system for the Water Metro in Kochi in the state of Kerala, India. STL has installed Neox Unified Communications solution for Kochi Water Metro.
Neox is equipped with state-of-the-art technology of IP telephony, Contact Centre, Automatic Call Distribution (ACD), IVRs and Centralized Voice Recording (CVR) module.
JBM Auto: JBM Ecolife Mobility Private Limited from Wholly Owned Subsidiary
JBM AutoLimited that JBM Ecolife Mobility Private Limited (‘JBMEco’), a wholly owned subsidiary of the Company has now become the subsidiary of the Company w.e.f. 26th June, 2023 pursuant to preferential allotment made by JBMEco to Mr. Nishant Arya, Individual Promoter of the Company
Further, please note that the Equity share holding of the Company in JBMEco has become to 83%.
Hindustan Unilever Resignation of Dr. Ashish Gupta as the Independent Director
Dr. Ashish Gupta has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on 26th June, 2023, citing pre-occupation and other personal commitments. Consequently, he shall also cease to be a Member of the Audit Committee, Risk Management.
Mr. Sanjiv Mehta
Mr. Sanjiv Mehta (DIN: 06699923), has tendered his resignation as the Chief Executive Officer & Managing Director of the Company, with effect from close of business hours on 26th June, 2023, pursuant to retirement from Hindustan Unilever Limited. Consequently,he shall also cease to be a Chairman of the Risk Management Committee and Member of the Stakeholders Relationship, Corporate Social Resp