STOCK MARKET NEWS 30 AUGUST
| Company | Announcement | Details |
|---|
| Anant Raj Limited | Acquisition Approval | 100% equity shares of Sheetij Properties Private Limited, New Delhi. Share Purchase Agreement to be entered. |
| Reetech International Cargo | Termination of Agreement | Terminated joint development agreement with AIM Infrastructure. Investment Agreement executed with AIM Infrastructure. |
| Great Eastern Shipping | Vessel Sale | Contracted to sell Supramax dry bulk carrier, Jag Rani. Delivery by Q3 FY 2025. |
| Sandur Manganese & Iron Ores Limited | Fund Raising Proposal | Board meeting on 6th Sep 2024 to consider raising funds via Non-Convertible Debentures, loans from banks, and institutions. |
| Interactive Financial Services Limited | Rights Issue | Raising funds up to Rs. 12 crores through rights issue to existing shareholders. |
| Authum Investment & Infrastructure Ltd | Fund Raising Proposal | Board meeting on 3rd Sep 2024 to consider raising funds through Qualified Institutions Placement or other securities. |
| NLC India | Joint Venture | JV with Rajasthan Rajya Vidyut Utpadan Nigam for lignite-based thermal power station and renewable power projects up to 2,000 MW. |
| Jai Corporation | Buyback Approval | Buyback of 1.65% stake at Rs 400 per share. Record date: 10th Sep 2024. |
| S.J.S. Enterprises Limited | Solar Power Agreement | Agreement with SEPL and SOPL for supply of 3MWp solar power. Subscription of 10,50,000 Class A Equity Shares of SOPL. |
| Cranex Limited | Fund Raising Proposal | Board meeting on 3rd Sep 2024 for issue of equity shares/convertible warrants or other instruments through preferential issue. |
| Infosys | Collaboration with Nvidia | Expansion of collaboration with Nvidia for generative AI-powered telco solutions based on Nvidia NIMs. |
| Technocraft Industries (India) | Buyback Dates | Buyback opens on 2nd Sep 2024 and closes on 6th Sep 2024. |
| Shipping Corporation of India | GST Demand | Received GST demand and penalty order worth Rs 160 crore from the Mumbai tax authority. |
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