🔸 MSCI Index Rejig
Global index aggregator MSCI will announce its February 2024 restructuring on Tuesday. Companies that are included and excluded in the index will be in focus
🔸 Mahindra and Mahindra
The company reported total production at 1.01 lakh units vs 76,421 units, year-on-year. Total sales stood at 72,198 units vs 61,326 units and total exports at 1,746 units vs 3,009 units for the month of January.
🔸 RVNL
The company emerged as the lowest bidder from Madhya Pradesh Paschim Kshetra Vidyut Vitran Co. for the supply, installation, testing and commissioning of the new 11 KV line. The size of the order is Rs 106 crore
🔸 V Guard Industries
The company’s unit started commercial production of inverter batteries at the Hyderabad plant. The company had invested Rs 35 crore in the project via internal accruals.
🔸 JSW Energy
The company’s unit received a Letter of Acceptance for 500 MW wind capacity from Solar Energy Corp
🔸 Lemon Tree Hotels
The company has signed a licensed agreement for upcoming hotel in Telangana under the Company’s brand Lemon Tree Resort
🔸 Kalyani Steel Ltd
The Company has been declared as successful bidder for acquisition of assets of kamineni steel & power India private limited
🔸 Hatsun Agro Product Limited
The company is foraying in to the “100% fruit juice segment with the brand name of ‘Imiyo’ commencing the Commercial Production.
🔸 LIC
The company has increased its shareholding in “SBI Cards & Payments Services Limited” from 4.99% to 5.02% of the paid-up capital of the said Company.
🔸 Malu paper mills ltd
The board took note of Release of 51% pledge shares of promoters & promoter group and exit from CDR package.
🔸 I G Petrochemicals Limited
The company’s new brownfield manufacturing facility with a capacity of 53,000 MTPA of Phthalic Anhydride situated at Taloja Industrial Area, Maharashtra has commenced its production from today