Katerra owes Yes Bank ₹521 Crore and was forced into corporate insolvency last year. This indicates that Yes Bank's exposure to Katerra has nearly recovered to 40%.
Details regarding the seller(s) were not disclosed. In a separate bulk deal on the BSE, Abakkus Asset Manager LLP bought shares of rice milling company LT Foods for ₹55 Crore through an open market transaction.
This transition follows a planned strategy initiated since October 2023. K. Hari Prasad, the current President of Apollo Hospitals, to retire on March 31 after serving for 27 years.
The company notified the stock exchanges that the proposed purchase does not come under the ambit of the related party transaction and that the promoter, promoter group, or group companies are not interested in the corporation being bought.
Ramky Infrastructure's subsidiary, Srinagar Banihal Expressway (SBEL), reached a one-time debt settlement with lenders for ₹1,245.49 Crore.
According to the regulations, an upper layer NBFC must list after three years of notification. The RBI notified Tata Sons in September of 2022.
The decision was made based on feedback from vegetarian customers. However, the move received both praise and criticism from users online.
The company had submitted its draft papers on December 29, 2023, outlining an IPO comprising a fresh issue of shares worth Rs 300 crore alongside an offer-for-sale of 29.95 lakh equity shares by promoters.
Foreign institutional investors (FIIs) were net buyers of shares valued at ₹1,421.48 Crore, while domestic institutional investors (DIIs) purchased stocks worth ₹7,449.48 Crore on March 19, as per provisional data from the NSE.
The board meeting, scheduled for today on March 20, will focus on the proposal to issue bonus shares to existing shareholders.

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