News Overview

The Board of Ruchi Soya Industries at its meeting held on 10 April 2022 has accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurveda food portfolio in any manner on an arms length basis proposed transaction The Board also decided to change the name of the company to Patanjali Foods

Lasa Supergenerics announced that the Board of Directors of the Company at its meeting held on 11 April 2022 inter alia have recommended the final dividend of Rs 025 per equity Share ie 25Percentage subject to the approval of the shareholders

Intellect Global Transaction Banking iGTB the transaction banking specialist from Intellect Design Arena announced that Hanoi-headquartered VPBank has signed a major transformative deal to digitize and streamline its transaction banking offerings For Intellect this deal marks the tenth key digital banking transformation deal in Vietnam

Renaissance Global has granted 286000 stock options to the eligible employees of the RGL Group under RGL Employees Stock Option Plan 2021

Mukand Engineers will hold a meeting of the Board of Directors of the Company on 17 May 2022

Trishakti Electronics Industries announced that an Extra Ordinary General Meeting EGM of the Company will be held on 5 May 2022

Kesoram Industries has appointed Rohit Shah as Chief Financial Officer of the Company wef 11 April 2022 in place of Suresh Kumar Sharma who has tendered his resignation

Bharat Forge announced that ICRA has revised the credit rating of the company as follows Long term rating fund based facilities – ICRA AA; Stable reaffirmed Non convertible debentures of Rs 500 crore – ICRA AA; Stable reaffirmed Non convertible debentures of Rs 200 crore proposed – ICRA AA; Stable reaffirmed Issuer Rating – ICRA AA; Stable reaffirmed Short term rating non fund based facilities […]

Bank of Baroda has increased the Marginal Cost of Funds Based Lending Rates MCLRs across tenors by 5 bps with effect from 12 April 2022 as under Overnight – 650Percentage One month – 695Percentage Three month – 710Percentage Six month – 720Percentage One year – 735Percentage

JSW Utkal Steel JUSL a wholly-owned subsidiary of JSW Steel has today received the environmental clearance EC for setting up of a greenfield Integrated Steel Plant ISP of 132 million tonnes per annum MTPA crude steel from the Union Ministry of Environment Forest and Climate Change MoEFCC The capital expenditure for the modern green and environment-friendly integrated steel plant ISP project is expected to be […]