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Birla Corporation on Thursday announced that it approved the allotment of 1500 AA rated, secured, redeemable Nonconvertible Debentures and subsequently raised Rs 150 crore on a private placement basis.

Quantic India’s NBFC and FinTech Excellence Awards 2022 to Focus on Digital Transformation Acceleration and Customer Experience

The tentative date of unveiling the new product is February 21, 2022, the company said.

The Company has fixed Wednesday, March 02, 2022 as the Record Date for bonus shares.

Utilties stocks were trading in green, with the S&P BSE Utilities index increasing 27.44 points or 0.83% at 3333.16 at 09:52 IST.

The Board also approved the share exchange ratio for the proposed transfer.

MX Studios aims to leverage MX Player’s scale and consumer insights to drive creative excellence through content creation and solutions, tailored to cater to the pulse of Indian audiences.

Power stocks were trading in the positive zone, with the S&P BSE Power index rising 34.44 points or 0.89% at 3923.06 at 09:52 IST.

Capital Goods stocks were trading in green, with the S&P BSE Capital Goods index increasing 143.47 points or 0.51% at 28465.07 at 09:52 IST.

The short-term rating has also been reaffirmed at ‘CRISIL A1’.