Today Latest News and Updates in Finance and Stock Market
Godrej Properties Limited has further increased its stake in equity share capital of Godrej Home Constructions Limited
Godrej Properties Limited (‘the Company’) has further increased its stake in equity share capital of Godrej Home Constructions Limited (formerly known as Godrej Home Constructions Private Limited) (“GHCL”) from 74% to 100%. Pursuant to the said acquisition, GHCL has become a Wholly Owned Subsidiary of the Company with effect from June 02, 2023.
PI Industries Acquisition of 100% shareholding of Therachem Research Medilab
Acquisition of 100% shareholding of Therachem Research Medilab (India) Private Limited by PI Health Sciences Limited, a wholly owned subsidiary of PI Industries Limited (“PIHSL”) from its previous shareholders i.e. Therachem Research Medilab LLC, an entity incorporated in Alabama, USA (“TRM US”), Dr. Pooran Chand and Ms. Namita Bansal.
Acquisition of 100% shareholding of Solis Pharma chem by PIHSL from its previous shareholders i.e. TRM US and Mr. Atul Agarwal.
Acquisition of certain identified assets of TRM US by PI Health Sciences USA, LLC, a step down owned subsidiary of PIHSL.
Tata Chemicals (Soda Ash) Partners from a partnership to a (LLC) resulting in change of name to Tata Chemicals (Soda Ash)
- Conversion of Tata Chemicals (Soda Ash) Partners from a partnership to a limited liability company (LLC) resulting in change of name to Tata Chemicals (Soda Ash) Partners LLC
- Merger of two intermediate holding entities i.e. TC (Soda Ash) Partners Holdings and TCSAP LLC into Tata Chemicals (Soda Ash) Partners LLC
- Merger of an intermediate holding entity i.e. Valley Holdings Inc. into Tata Chemicals North America Inc.
Hero MotoCorp Revs Up with the Highly Anticipated Enriched HF Deluxe Series
The HF-Deluxe is available at Hero MotoCorp showrooms across the country at attractive prices of Rs. 60,760/- for Kick Variant and Rs. 66,408/- for Self-Variant.
Wipro has fixed Date for Buyback of Equity shares
That the Board of Directors have approved the buyback of equity shares by the Company
Company has fixed Friday, June 16, 2023 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.
Mahindra & Mahindra Financial Services- May 2023 Updates
In May 2023, we estimate the overall disbursement at approximately Rs. 4,150 crores delivering a 39% YOY growth.
Healthy disbursement trends have led to Business Assets at approximately Rs. 85,500 crores, growth of ~ 3.3% over March 2023. T
he Collection Efficiency was at 96% for May 2023 (against 95% for May 2022). Stage-3 and Stage-2 assets continued to remain range-bound compared to March 2023.
Mindspace Business Parks REIT allotment of 50000 securities pursuant to Non Convertible Securities
Executive Committee of the Manager at its meeting had inter-alia, approved the raising of funds by Mindspace REIT for an aggregate principal amount of up to INR 500,00,00,000 (Indian Rupees five hundred crore) by way of private placement.
In this connection, we wish to inform you that the issue price of proposed Debentures was discovered on the basis of multiple yield allotment method through the accordingly Mindspace REIT has received consideration of INR 500,28,75,000 against the aggregate principal amount of up to INR 500,00,00,000.
The Executive Committee meeting held today i.e. June 2, 2023 has approved the allotment of 50,000 listed, rated, secured, non-cumulative, taxable, transferable, redeemable nonconvertible debentures of INR 1,00,000/-each (Indian Rupees one lakh only) aggregating to INR 500,00,00,000/- (Indian Rupees five hundred crores) on a private placement basis.
Mahindra & Mahindra – Swaraj Tractors launches a new Compact Light Weight Tractor Range ‘Swaraj Target’
Tractors from this new range will set new benchmarks in this category and open new customer segment for growth.
Packed with Power & advanced technology the new tractors will boast many first-in-segment features.
Swan Energy Limited Mr. Satya N. Tripathi, President – Finance, designated as the Key managerial personnel
Mr. Satya N. Tripathi, President – Finance, designated as the Key managerial personnel (KMP) with effect from 31st May, 2023,
ICICI Bank has allotted 950,422 equity shares
ICICI Bank has allotted 950,422 equity shares of face value of ` 2 each on June 2, 2023 under the ICICI Bank Employees Stock Option Scheme-2000.
Today Latest News and Updates in Finance and Stock Market
Anmol India Limited Issue of Bonus hares
Recommending Issue of Bonus Shares in the ratio of 4:1, i.e. 4 (Four) Equity Shares of Rs. 10/- each for every 1 (One) Equity Share of Rs. 10/- each, held by the shareholders of the Company as on the record date, subject to the approval of shareholders
