Share Market Highlights 14th July 2023: Nifty50 closes at 19,413.75
Adani projects: The company has fully paid off the Commercial Notes of Rs 30 crore on the due date i.e. 13th July.
Tata Contacts: The company will consider a proposal to issue an unsecured, redeemable, non-convertible note on a private placement basis on July 19.
JBM Auto: JBM Auto and its subsidiaries will supply 5,000 electric buses for government transport projects in Gujarat, Haryana, Delhi, Telangana, Orissa and more. It will also supply many Fortune 500 companies.
Aster DM Healthcare: The company’s unit, Aster DM Healthcare FZC, has acquired the remaining 20% stake in Premium Healthcare for Rs.5.18 crore.
Vikas Nigam Railways: Rail Vikas Nigam has been awarded a reward letter worth Rs 808 crore from the National Highways Authority of India for the rehabilitation and upgrading of some sections of National Highway 53 in Odisha. The project will be implemented within 24 months.
Samvardhana Motherson International: The company has completed the acquisition of a 51% stake in Saddles International Automotive & Aviation Interiors, a luxury auto upholstery manufacturer.
Lloyds of Metals and Energy: Lloyds Metals and Energy has received listing and trading approval from NSE to list its Rs 50.48 crore shares from July 17.
Patanjali Foods: The Company will not exercise the option to oversubscribe the offer to sell an additional 2% stake. Promoter Patanjali Ayurved announced the sale of 7% stake, or Rs 2.53 crore share.
Craft stove: Balaji AS has been relieved of the position of Chief Financial Officer with effect from closing business hours on 13th July 2023.
GMR for Energy and Urban Infrastructure: GMR smart electricity distribution company has received an order from Purvanchal Vidyut Vitran Nigam Ltd. and Dakshinanchal Vidyut Vitran Nigam Ltd. To install and maintain 75.69 lakh smart meters in Purvanchal and Dakshinanchal districts of Uttar Pradesh.
Ahluwalia Contracts (India): The company has received a project worth Rs 199.58 crore from Indian Financial Technology and Allied Services for civil structures, interfaces and related offshore development work for the Computing and Cyber Security Training Institute in Bhubaneshwar, Orissa, to be executed within 20 months.
Polo Coin for Industry and Financial Technology: The company has agreed to raise up to Rs 2,500 crore for its proposed agriculture processing project and data center project at MIDC. It will raise the amount by issuing equity shares or other instruments through the issuance of one or more preferential issues on a private placement basis, rights issues, QIPs, or a combination of any of them.
deep industries: The company has signed a partnership agreement with Euro Gas Systems SRL to supply oilfield equipment to the oil and gas industry. Euro Gas acquired 26% of the shares of Deep Onshore Drilling Services, the joint venture company, with Deep Industries owning the remaining 74%.