Stocks to watch today — May 11, 2023

Oil India Limited (OIL) It acquired a 50 per cent stake in WorldAce Investment Limited (WIL) in Cyprus through its wholly owned subsidiary, Oil India International BV (OIL BV) in the Netherlands, from PetroNeft Resources (PR), an Irish company. The remaining 50 percent of WIL is owned by PR.

WIL owns 100 percent of the shares in Stimul-T LLC, a registered Russian legal entity, which owns and operates License 61 (Oil Block) in the Tomsk region of the Russian Federation.

Stimul-T LLC, the owner and operator of the Oil Block, has reported that it has filed a voluntary application to Russia’s bankruptcy administration on May 10, 2023, due to the inability to pay its creditors’ debts.

Larsen and Toubro Announced that Non-Executive Chairman AM Naik has decided to step down from the position. SN Subrahmanyan, CEO and Managing Director, has been re-appointed as Chairman and Managing Director of the company effective October 1, 2023, L&T said in the exchange filing.

HDFC Bank On Wednesday the markets regulator said Securities and Exchange Board of India (SEBI) gave its final approval to the proposed change in control of HDFC AMC. This approval will help pave the way for the consolidation of HDFC into HDFC Bank, which is expected to be completed by the third quarter of this fiscal year.

board of directors Godrej Consumer Products Ltd Agreed to raise funds by issuance of uninsured NCDs, listed and/or unlisted, totaling up to Rs 5,000 crore on special placement in one or more tranches.

Last month, GCPL announced the acquisition of the FMCG business controlled by Singhania Raymond Along with Park Avenue, Kamasutra and Premium brands for Rs 2,825 crore.

Macleod Russell India Limited And financial services firm IL&FS Group is engaged in negotiations for an out-of-court settlement, and may agree to pay around 60 percent of the amount owed in a mixture of cash and assets, said a source close to the development.

The IL&FS Infrastructure Debt Fund (IIDF), part of the IL&FS Group and financial creditor to McLeod, has filed an Application under Judgment of IBC v McLeod Russel India Ltd with the National Companies Law Tribunal, Kolkata Bench.

IIDF filed the petition against the company for default of Rs. 347.4 crore on 12th November 2019, principal amount of which is about Rs. 252.66 crore.

Lehar Footwears Ltd has received approval for an advertising campaign and a proposal for brand promotion with an investment of ₹ 18 crore for three years, along with government of India assistance of ₹ 9 crore for a period of three years, as per the guidelines under ‘Brand Promotion for Indians’ Brands in The footwear and leather sector is the sub-plan of the Indian Footwear and Leather Development Program (IFLDP). The balance amount of Rs 9 crore will be invested by the company.

The Zydus Group has received an Facility Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for the inspection conducted at the manufacturing facility of Zydus Lifesciences Limited located in Muraya, Ahmedabad, from January 23 to 27.

The examination was a PAI of transdermal patch products. The audit ended with no notes. shares Cadilla Healthcare You will stay in focus.

Vikas Nigam Railways Ltd Received a Letter of Acceptance (LOA) from the Mumbai Metropolitan Area Development Authority for the design, manufacture, supply, installation, testing and commissioning of two 110kV receiving substations. RVNL participated in a consortium with Siemens Indiawhich is the principal partner with a 60 percent stake, and RVNL as a consortium partner with a 40 percent stake.

Sanofi India The board of directors announced Wednesday that the company’s board of directors has agreed to spin off the consumer healthcare business into a wholly owned subsidiary of the company. The spin-off company will be called Sanofi Consumer Healthcare India Limited, which will be a wholly owned subsidiary of Sanofi India.

The Company’s consumer healthcare business includes assets, liabilities, and all other aspects of the consumer healthcare business including brands such as Allegra, Combiflam, DePURA, Avil, and others.

Evaluate the results

  • Aditya Birla Capital.

  • Ajmera Realty.

  • AKI.

  • Alkylamine.

  • Asian paints.

  • Balrampur Chinni.

  • Condiment seats.

  • GVS Bliss.

  • bls.

  • CARE evaluation.

  • DCW.

  • Dipak nitrite.

  • Dubai Internet City India.

  • Escher Motors.

  • Everest Industries.

  • FGP.

  • Gillette.

  • GSPL.

  • Infrared gas to liquids.

  • Thought design.

  • Kirloskar Brothers.

  • Laboratories of Dr. Lal Path.

  • Newland Lab.

  • They ask.

  • Palash Securities Trading.

  • PTC India Finance.

  • religary.

  • Reshrobe.

  • Shankara Building Products.

  • Siemens.

  • South Indian Bank.

  • Tiger Logistics.

  • Tracxn Technologies.

  • Triveni Glass.

  • Udaipur Cement.

  • Ujjivan SFB.

  • Zensar Tech.