Earlier, the company stated that the acquisition is at a price of Rs1,400 per share, totalling Rs296 crore.
Among sectors, IT, banks, auto and metal indices witnessed selling, while media, PSU banks, realty indices are in the green.
With an AUM of over Rs29,000 crore and a pan-India presence in 1,550 locations across 23 states and two union territories, HLFL is one of India's leading NBFCs.
Recently, JSA has been granted Environmental Clearance to expand its existing foundry operations at SIPCOT.
TPEML will lease back the land and buildings of the Powertrain unit to FIPL in order to facilitate the operation of its Powertrain manufacturing facilities.
CIM Tools is engaged in specialized machining and sub-assembly of components for the aerospace industry.
Suprajit has used a portion of cash available with the Company and balance through debt to complete this transaction.
Carnot is expected to support the company’s strategy by developing information technology solutions for its products, customers, and businesses.
Ashok Leyland (+0.96%) emerged as the top gainer adding near 1% despite an overall weak index.
The initial subscription amount of Rs1 lakh towards subscribing to 10,000 equity shares at face value of Rs10/- each.
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