Stocks that will see action today-July 14, 2023

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Patanjali Foods He revoked his greenshoe option to offer it for ongoing sale. The issue was subscribed twice on the first day of the offering, which was opened to non-individual investors only.

GBM Automotive Limited Its subsidiaries have won orders for around 5,000 electric buses to supply to various STUs in Gujarat, Haryana, Delhi, Telangana, Odisha etc. and many Fortune 500 companies along with leading companies in the country. Various applications such as city bus, staff bus, runway bus, etc. will be delivered in both 9m and 12m categories for these orders.

Deep Industries It entered into a joint venture arrangement with Euro Gas Systems SRL to supply oilfield equipment to the oil and gas industry in India. Euro Gas has acquired a 26 per cent stake in Deep Onshore Drilling Services Private Limited (a joint venture company), a subsidiary of Deep Industries, which will own 74 per cent.

GMR Smart Electricity Distribution Private Limited, a subsidiary of Corporation GMR Power and Urban Infra Limited, received letters of intent from Purvanchal Vidyut Vitran Nigam Limited and Dakshinanchal Vidyut Vitran Nigam Limited, to implement the smart metering project. GSEDPL will install, integrate and maintain 75.69 lakh smart meters in the specified area. The project will be implemented over a period of 10 years.

Aster DM Healthcare FZC, a physical subsidiary of Aster DM Healthcare Limited, had acquired the remaining 20 per cent stake in Premium Healthcare Limited on 12 July. Pursuant to said acquisition, Premium Healthcare Limited becomes a wholly owned subsidiary of Aster DM Healthcare FZC.

Innovators Facade Systems Limited has received orders worth Rs. 52.25 crore for the design, supply, fabrication and installation of facade works.

board of directors The happiest of minds It will meet on Friday to consider fundraising plans.

Indrayani Biotech Limited’s Wholly owned subsidiary IBL Healthcare Ltd (IBLHL) intends to acquire controlling stakes in Peekay Mediequip Limited, a company that was under CIRP. The process to acquire Rs 2.21 crore, constituting 36.92 per cent equity shares of PML with a face value of Rs 2.50 per share, has commenced as first tranche and will be subject to transfer approval by the Chennai-based NCLT Board of Directors.

board of directors Nakoda Industries Group Limited has agreed to raise funds of Rs 49 crore via rights issue.

Vikas Nigam Railways Ltd Awarded LOA for rehabilitation and upgrade of Chandikhole-Paradip section of Odisha in HAM mode. The cost of the project is Rs 808.48 crore.

board of directors WS Industries India Ltd Agreed to sell/transfer immovable property (6.53 acres of land) to its wholly owned subsidiary WS Insulators Private Limited for development of IT/IT enabled services/parks.

board of directors mega soft He agreed to sell/transfer/dispose of the Company’s interest in the property located at Knowledge Capital, Nanakramguda Village, Serilingampally, Ranga Reddy District, Telangana, subject to approval by the members of the Company through Postal Ballot.

Evaluating the results: Alfred Herbert, Amal, Pandan Bank, CCL Products, Coromandel Engineering, Den Networks, GTPL Hathway, Infomedia, JSW Energy, JustDial, Kesoram Industries, Tata Steel Long Products, TTL Enterprises, Unichem Lab, Vandana Knitwear, Virinchi and VST Industries.