1. Block Deal Alert: PVR Inox’s block deal involves Plenty PE Fund and Multiples PE selling shares in the range of Rs 1750-1770 per share.
2. KFin Tech Block Deal Alert:
– Probable Seller: Promoter General Atlantic
– Sale Price: Rs 490 per share
– Total Deal Size: Rs 830 crore or up to 10% stake
3. Dhruv Consultancy Services:
– Shortlisted as a consultant for West Urban Corridor Development Projects in Nepal.
4. Dilip Buildcon:
– Received Letter of Acceptance for a project with a cost of Rs 2.70 billion.
5. Titagarh Rail Systems:
– Raised Rs 7 billion through QIP.
6. Adani Enterprises:
– Dilution of stake in Atharva Advanced Systems and Technologies Ltd; stake reduced to 56%.
7. Bank of Maharashtra:
– Allotted Basel III compliant Tier II bonds worth Rs 2.59 billion.
8. Xpro India:
– Board meeting on Dec 19 to consider raising funds.
9. Aditya Birla Capital:
– Incremental investment of Rs 510 million in Aditya Birla Sun Life Insurance Company.
10. Redtape:
– Commencement of operational activity from newly constructed warehouse in Unnao.
11. Anant Raj:
– Approved preferential issue of fully convertible warrants worth up to Rs 500 million.
12. LTI Mindtree:
– Opened a new delivery center in Mexico City.
13. Dr. Reddy’s Lab:
– Debuted on Dow Jones Sustainability World Index and secured ‘Gold Medal’ status from Ecovadis.
14. Ami Organics:
– Unveiled new manufacturing facility in Ankleshwar, Gujarat.
15. Sterling and Wilson Renewable Energy:
– Received settlement amount of $30.54 million from Jinko Solar Co.
16. Texmaco Rail & Engineering:
– Received order worth Rs 13.74 billion for manufacture and supply of 3,400 boxns wagons.
17. Exide Industries:
– Invested Rs 1 billion in unit Exide Energy Solutions; total investment in EESL stands at Rs 17.80 billion.
18. Paisalo Digital:
– Board meeting on Dec 19 to raise funds through NCDs and/or commercial papers via private placement.
19. Mazagon Dock Shipbuilders:
– Launched Saurshakti, India’s fastest solar-electric boat in collaboration with Navalt Solar Electric Boat Pvt. Ltd.
20. IRB Infrastructure Trust:
– To pay upfront concession fee of Rs 16.83 billion to NHAI.
21. Infosys:
– Board meeting on Jan 11, 2024, to consider Q3 results.
22. PB Fintech:
– Income Tax officials visited Paisabazaar; business operations continue as usual.
23. Indian Overseas Bank:
– Raised one-year MCLR to 8.75% from 8.70% effective Dec 15.
24. Satin Creditcare Network:
– Launched QIP with floor price at Rs 242.81 per share.
25. Jayaswal Neco Industries:
– Kotak Strategic Situations India Fund invested Rs 1,500 crore; part of Rs 3,200 crore financing for refinancing existing debt.
26. Jammu & Kashmir Bank:
– Raised Rs 750 crore via QIP; approved closure on Dec 14.
27. Bhel:
– Entered into a Memorandum of Understanding with Central Manufacturing Technology Institute for collaboration on technology development.
28. Vedanta:
– Board meeting on Dec 19 to consider the proposal for issuance of non-convertible debentures on a private placement basis.
29. Genus Power Infrastructures:
– Won order worth Rs 10.26 billion.
30. Shreyas Shipping And Logistics:
– Signed a Memorandum of Agreement for sale of one vessel, M.V. SSL Delhi.
31. Stocks in F&O Ban List:
– Balrampur Chini Mills, Delta Corp, Hindcopper, Ibulhsgfin, Indiacem, Manappuram Finance, Sail, Zeel.
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