News Overview

The company has restarted Urea Production from April 15, 2022 and expected to stabilize production by April 20, 2022.

The Board has approved the issuance of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds up to a total amount of Rs50,000 crore.

This will result in an increase of Rs10,000 to Rs63,000 on the ex-showroom prices across the range.

The Placement issue price of Rs101.10 per equity share represents a discount of 4.96% to the applicable floor price of Rs106.38 per equity share calculated in accordance with applicable SEBI regulations.

States’ total expenditure is budgeted to increase moderately in FY23, likely to be driven by a significant slowdown in capex (average growth of 21 states is 13.8%), while revenue spending should remain compressed (average: 8.5%).

The app also ensures efficient and seamless delivery with its ‘Direct to Home’ feature.

The Global Ayush Investment & Innovation Summit, to be held at Mahatma Mandir in Gandhinagar, Gujarat will be inaugurated by Honourable Prime Minister of India.

The delegation comprised industry representatives from most of the Export Promotion Councils and senior government officials.

The company plans to add 2nd denim line with 10 Mn Mtr per annum capacity which will commence at the start of H2FY23.

Here is the important stock market news to watch out for today.