Share Market Highlights 22 December 2023: Sensex climbs 241 pts to settle at 71,106; Nifty closes at 21,349

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LIC: Company got an exemption from the Department of Economic Affairs to achieve the 25 percent minimum public shareholding threshold within 10 years of listing

GMR Airports: Company entered into a binding agreement with the NIIF to invest Rs 675 crore in the upcoming airport at Andhra Pradesh.

MOIL: Company announced that production by December 20, crossed 16 lakh tonnes in CY2023.

Railtel: Company wins Rs 66 Cr order from Northeast Frontier Railway Construction.

Allcargo Logistics: Company has announced a scheme of arrangement where the ISC business will be demerged into a separate entity – Allcargo ECU. 

Brigade: Company announced that it has entered into a lease agreement with Sidvin Core-Tech India Private Ltd. Under the 10-year agreement, 

Infosys: Company signs 5-year collaboration with LKQ Europe (Distributor of automotive aftermarket parts) 

Signature Global: Company purchased the 8.31-acre land in Gurugram on 21 December 2023. 

Madras Fertilizers: Operations resumed at plant that was shutdown from Dec 4 Due to cyclone Michaung. 

Mining stocks: Mines Ministry to hold pre-bid conference for 1st tranche of rare minerals to auction. 

Lupin: Company has launched Softovac Liquifibre, a liquid laxative.

Kaynes Technology: Company has approved the allocation of 57.75 lakh equity shares as part of its QIP 

Tata Motors DVR: BSE & NSE approve cancellation of entire ‘A’ ordinary shares & allot ordinary shares of Tata Motors.

Bata India: Company said Pankaj Gupta will resign as Head of Retail and franchisee Operations and move to a global position in Bata group 

Suven Pharma: Himanshu Agarwal will be appointed as CFO of the company from January 2, 2024. 

Bank of Baroda: Bank said it raised ₹2,500 crore through the issuance of Basel III compliant tier II Bonds 

UPL: The Board meets to raise funds. 

Zomato: Company has denied reports that it acquired Shiprocket for $2 billion. 

Maruti Suzuki: NCLAT adjourned CCI matter, next listed for hearing on February 2, 2024. 

Coforge: Company has received an income tax demand notice of around Rs 122 crore 

MedPlus: Company has received an order from the Drugs & Control Authority on the suspension of its drug licence for five days