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According to a Thursday attachment notice from Sebi, Chandrakant Bhargav Gole has been ordered to pay back the firm the sum of Rs5.74 crore plus 15% interest per year, or Rs12.53 crore, that was obtained through the sale of redeemable cumulative preference shares (RCPS) to investors.

Total Operating Income rise 9.02% to Rs 3843.09 crore

Federal Bank rose 1.69% to Rs 98.95 after the private bank posted a 63.5% rise in standalone net profit to Rs 600.66 crore in Q1 FY23 from Rs 367.29 crore in Q1 FY22.

Basic materials stocks were trading in red, with the S&P BSE Basic Materials index falling 29.02 points or 0.61% at 4721.08 at 13:47 IST.

Sales rise 780.54% to Rs 842.68 crore

Sales rise 41.67% to Rs 0.17 crore

This agreement, initially centred on Librela, paves the way for development and manufacturing of other molecules in the coming years.

With effect from 15 July 2022

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 264.16 points or 0.97% at 26904.25 at 13:47 IST.

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 298.49 points or 1.86% at 15785.64 at 13:47 IST.