stock updates
🔸 Dodla Dairy Limited
The country delight dairy Limited (wholly owned subsidiary of Dodla Dairy Limited) commenced new manufacturing of Dairy plant at Kenya and the capacity of the new plant is 1,00,000 litres per day
🔸 Sobha Limited
The board considered and approved the issuance of equity shares of the Company for an amount not exceeding Rs2,000 crore by way of a rights issue to the eligible equity shareholders of the Company
🔸 ZEE Entertainment
The company conducted board Meeting to take note of merger termination notice by Sony
🔸 Hi-Tech Pipes Limited
Commissioning of Sanand Unit-II Phase-1 (Gujarat) AND Establishment of New Greenfield Unit-iI at Sikandrabad(U.P.)&SanandUnit-IIPhase-2 Gujarat
🔸 TCS
The company created Europe’s most modern post-trade platform with Euroclear Finland
🔸 Raymond
Raymond Limited has incorporated a wholly owned subsidiary company by the name ‘JKFEL Tools and Technologies Limited’ on January 22, 2024 for consolidation of Engineering Businesses
🔸 Tata Steel
The company approved the allotment of 8.65 crore shares to eligible shareholders of Tinplate Co. The company will allot shares at an exchange ratio of 33:10.
🔸 Cyient
The company’s US-based unit agreed to settle a civil class action anti-trust lawsuit for $7.4 million.
🔸 State Bank of India
The company acquired 6.35% of Canpac Trends.
🔸 Torrent Power
Mehta Family Trust acquired shares from the promoter family in an inter-se transfer without any change in control or management. The holding company’s stake will remain at 53.56%.
