By earn stock updates
Airtel
The company has prepaid Rs. 8,325 crores to the Department of Telecom (Government of India) towards part prepayment of the deferred liabilities pertaining to spectrum acquired in auction of year 2015 which were at an interest cost of 10%.
Man Industries Limited
The board has granted approval for raising of funds through issuance of Equity Shares, Convertible Shares Warrants through Preferential Issue, Qualified Institution Placement (QIP), Right Issue or a combination thereof to raise an amount up to Rs. 250 Crores
L.G.Balakrishnan & Bros Limited
The board will meet on 29th January, 2024 to consider the proposal for raising of funds by way of issue of warrants convertible into equity shares through preferential issue basis to person(s) belonging to Promoter/ Promoter Group
AU Small Finance Bank
CCI approves merger of Fincare Small Finance Bank with the bank
Religare Enterprises
CCI approves Religare Enterprises stake acquisition by Burman Family
Lupin
The pharma major received tentative approval from the USFDA for its abbreviated new drug application for Rivaroxaban Tablets
Rallis India
The company approved proposal for a capacity addition of 2000 MT per annum of the existing Pendimethalin Plant at Dahej SEZ unit which is expected to be completed in a phased manner by FY25
ICRA
The company approved to join the Association of Indian Rating Agencies by way of subscribing to their shares up to 20% of the paid-up share capital of the Association of Indian Rating Agencies
KEI Industries
The company approved the voluntary liquidation of unit KEI Cables Australia.
Godrej Properties
Jamshyd Godrej resigned as non-independent director of the company after attaining the age of 75
