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The Board of UPL at its meeting held on 02 March 2022 has approved the proposal to buy-back fully paid-up equity shares of face value of Rs 2 each for an aggregate amount not exceeding Rs 1100 crore for a price not exceeding Rs 875 per share Subject to the market price of the equity shares being equal to or less than the Maximum Buyback […]

Religare Enterprises announced a milestone achievement that it has become debt free by repaying Rs 18550 crore that it owned to its subsidiary Religare Finvest Further the company plans to enter new strategic sectors including asset reconstruction alternate investment funds insurance broking and digital wealth management

Bajaj Auto sold 316020 units in month of February 2022 compared to 375017 units in February 2021 recording a decline of 16Percentage Total sales include domestic sales of 112747 units and exports of 203273 units lower by 32Percentage and 3Percentage respectively compared to corresponding month of the previous year The companys production of 2-wheelers dropped by 16Percentage to 279337 units while production of commercial vehicles […]

Ganesh Benzoplast will hold a meeting of the Board of Directors of the Company on 7 March 2022

Sequent Scientific announced that Alivira Sade Animal Brazil a wholly owned subsidiary of the company has completed the acquisition of 100Percentage stake in Nourrie Sade e Nutrio Animal Nourrie With this acquisition Nourrie has become a wholly owned subsidiary of Alivira Sade Animal and consequently of the company The acquisition was made for a consideration of BRL 27 million USD 5 million SeQuent had originally […]

The Board of Page Industries at its meeting held on 01 March 2022 has approved the transition of Sunder Genomal to the role of Non-Executive Chairman with effect from 1 June 2022; and appointment of V S Ganesh Executive Director and Chief Executive Officer as Managing Director with effect from 1 June 2022 subject to the approval of shareholders of the Company

Manav Infra Projects will hold a meeting of the Board of Directors of the Company on 7 March 2022

Lupin announced the launch of Sevelamer Hydrochloride Tablets 800 mg having received an approval from the United States Food and Drug Administration FDA The product will be manufactured at Lupins facility in Nagpur India Sevelamer Hydrochloride Tablets 800 mg is a generic equivalent of Renagele Tablets 800 mg of Genzyme Corporation

Hindustan Petroleum Corporation has issued Unsecured Redeemable Non-Convertible Non-Cumulative Taxable Debentures of Rs1000000 each aggregating to Rs1500 crore on private placement basis on 28 February 2022 for funding of refinancing of existing borrowings andor funding of capital expenditure of the Issuer including recoupment of expenditure already incurred andor for any other purpose in the ordinary course of business of the Issuer

Poonawalla Fincorp announced that with effect from 02 March 2022 the registered office of the company has shifted from Kolkata West Bengal to Pune Maharashtra The registered office address is 601 6th Floor Zero One IT Park Survey No 791 Ghorpadi Mundhwa Road Pune 411 036 Maharashtra