News Overview

The Board of NxtDigital at its meeting held on 16 March 2022 has considered and accorded in-principle approval for merger of Hinduja Leyland Finance HLFL a registered non-banking finance company NBFC into the company The proposed merger of HLFL will result in the company having assets aggregating over Rs 29000 crores and shareholders receiving shares of the merged entity as per share swap valuation

MMTC will hold a meeting of the Board of Directors of the Company on 23 March 2022

Emkay Taps Cutting Tools will hold a meeting of the Board of Directors of the Company on 17 March 2022

The Board of Oil India at its meeting held on 16 March 2022 has accorded its approval for investment in its subsidiary company – Numaligarh Refinery for implementation of petrochemical project ie polypropylene unit and its associated facilities at Numaligarh at an estimated capital cost of Rs 6555 crore The Board also approved the formation of a joint venture company between Assam Gas and Oil […]

Wipro has granted 64617 restricted stock units under the companys ADS Restricted Stock Unit Plan 2004 to its identified employees This grant is effective from 15 March 2022

Torrent Power has entered into a Share Purchase Agreement SPA and Shareholders Agreement SHA with Honble Administrator of the Union Territory of Dadra and Nagar Haveli and Daman and Diu Holding Entity and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation the SPV for purchase of 51Percentage Equity Share Capital of the SPV from the Holding Entity The SPV will be responsible […]

The Board of Wonderla Holidays at its meeting held on 16 March 2022 has approved the appointment of K Ullas Kamath DIN 00506681 as an Additional Independent Director of the Company for a period of five years commencing from 01 April 2022 subject to the approval of shareholders

SBI Cards Payment Services will hold a meeting of the Board of Directors of the Company on 22 March 2022

Max Healthcare Institute announced the resignation of Ananya Tripathi from the post of Non-Executive Director of the Company with effect from 14 March 2022 as a nominee of Kayak Investments Holding Kayak The Board of the company approved the appointment of Gaurav Trehan as an Additional Director with effect from 15 March 2022 as a nominee of Kayak

Carborundum Universal has allotted 4200 equity shares under ESOP on 17 March 2022 With this allotment the paid up equity share capital has increased to 189856703 equity shares of Re 1 each