Stocks in News: ZYDUSLIFE, INDUSIND, LARSEN, MAHINDRA, VADILALIND, SUPREMEPETRO, IMFA
AHMEDABAD, 19 MARCH:
Zydus Lifesciences: Company receives final approval from USFDA for Apalutamide Tablets, 60 mg. (Positive)
IMFA: Company signed a Share Subscription and Shareholders Agreement with JSW Green Energy One Ltd & JSW Green Energy Seven Ltd. (Positive)
Avenue Supermarts: Company opened 2 new stores, 1 in Adoni, Kurnool and 1 in Haralur, Bengaluru, Total store count is now 398. (Positive)
Bajaj Auto: Company approves re-appointment of Rajiv Bajaj as MD & CEO for another 5 years from April 1. (Positive)
Supreme Petrochem: Company announced the acquisition of Xmotd Polymers Pvt. Ltd., acquiring 100% of its equity shares. (Positive)
Steel companies: DGTR recommends 12% safeguard duty on non-alloy & alloy steel flat products for 200 Days (Positive)
Brigade Enterprises: Company and Gruhas, the investment platform co-founded by Nikhil Kamath and Abhijeet Pai, announced the launch of a dedicated fund for property technology and sustainability-driven startup. (Positive)
Dr Reddy’s Lab: Alvotech & Dr Reddy’s announce FDA acceptance of biologic license application for AVT03. (Positive)
BPCL: Collaborates with BluJ Aerospace, ANERT, and CIAL to Launch the World’s First Hydrogen-Powered VTOL Aviation Ecosystem (Positive)
IndusInd Bank: Ashok Hinduja: Will propose new CEO names to RBI from Sept (Agencies). (Neutral)
Hindustan Zinc: Company has been fined ₹5.42 lakh each by the BSE and the NSE for non-compliance with board composition norms. (Neutral)
Bharti Airtel: Company secures shareholder nod for infrastructure sale to Indus Towers. (Neutral)
TVS Supply Chain Solutions: Andrew Jones resigns as, CEO, Europe of TVS Supply Chain Solutions, UK w.e.f. May 31, 2025. (Neutral)
L&T: Company to consider fund raising by way of debt issue on March 21, 2025. (Neutral)
Nazara Technologies: Company acquired 8.97% equity shares of Absolute Sports for ₹69.17 Cr. (Neutral)
JSW Infrastructure: Company announced the redemption of Commercial Papers (CP) on their due date, March 18, 2025. (Neutral)
GSS Infotech: Company announced the appointment of Mr. Sonu Kumar as Chief Financial Officer. (Neutral)
Canara Bank: Raised ₹4,000 Cr through 7.46% Tier II bonds. (Neutral)
Oriental Rail: Company announced securing an order from Integral Coach Factory (ICF), Chennai, and Indian Railways. The order is valued at Rs 1.89 cr (Neutral)
Mahindra & Mahindra Financial: India Ratings & Research Pvt Ltd reaffirmed the company’s credit rating on Mar 17, 2025. (Neutral)
Dynamic Services: Company announced a new work order from The West Bengal Power Development Corporation Limited. The total order value is Rs 3.74 Cr. (Neutral)
Vadilal Industries: Company announced the continuation of Mr. Rajesh R. Gandhi and Mr. Devanshu L. Gandhi as Managing Directors. (Neutral)
Coromandel Agro Products: Company announced the retirement of CFO Mr. Satyanarayana Kothuri, effective Mar 18, 2025. (Neutral)
ESAF Small Finance Bank: Bank to consider fund raising via issuance of NCDs (Tier II Bonds) on preferential basis on March 21. (Neutral)
ZF Commercial: Company announced the resignation of Mr. Hariprasad Rayapalyam, Vice President and Head – Legal, effective March 18, 2025. (Neutral)
LIC: Company Issues Clarification, Says Is In Advanced Talks With a Standalone Health Insurance Company to Acquire Substantial Stake. (Neutral)
BMW Industries: Company announced the resignation of Independent Director Mr. Dilip Kumar Mandal. (Neutral)
Kerala Ayurveda: Company announced the resignation of Ms. Jyothi Gulecha from the position of Company Secretary & Compliance Officer (Neutral)
Ecoboard Industries: Company’s board appointed Tanuja Anand Deshpande as Company Secretary & Compliance Officer on Mar 18, 2025. (Neutral)
SAL Steel: Company’s board meeting on Mar 18, 2025, appointed Radhika P. Soni as Company Secretary & Compliance Officer, effective Mar 18, 2025. (Neutral)
Ador Welding Ltd: Company has received reaffirmed credit ratings from CARE Ratings Limited for its bank facilities. Reaffirmed with a CARE A+ rating and Stable outlook. (Neutral)
Westlife Food: Company elevates Akshay Jatia as CEO of the company w.e.f. March 18, 2025. (Neutral)
GR Infraprojects: Company gets letter of acceptance for a National Highways Authority of India (NHAI) project worth ₹4,262.78 crore (Neutral)
NTPC: Company to Issue ₹4,000 Crore Unsecured Debentures (Neutral)
AGI Infra: Ex-Dividend date today, Interim dividend Rs 0.5/Sh (Neutral)
PFC: Ex-Dividend date today, Interim dividend Rs 3.5/Sh (Neutral)
Nibe Ordnance: Company received notification from Munition India Limited regarding the cancellation of a Letter of Intent for the supply of 155 mm M107 Empty Shells. (Negative)
Ola Electric: Transport Department received complaint against Ola Electric. (Negative)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
