News Overview

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Syngene International announced that ICRA has placed its ICRA AA and ICRA A1 rating on the Companys long-term and short-term banking facilities respectively on Watch with Developing Implications following the rating action on the debt facilities of the holding Company Biocon

The Board of Spandana Sphoorty Financial at its meeting held on 18 March 2022 has appointed Shalabh Saxena DIN 08908237 as Managing Director and Chief Executive Officer of the Company for a period of 5 five years with effect from 19 March 2022

BEML will hold a meeting of the Board of Directors of the Company on 22 March 2022

EKI Energy Services will hold a meeting of the Board of Directors of the Company on 28 March 2022

Gati has granted 3105000 Employees Stock Appreciation Rights ESARs to eligible employees under Gati – Employees Stock Appreciation Rights Plan 2021

Captain Technocast will hold a meeting of the Board of Directors of the Company on 21 March 2022

ITC has allotted 355840 ordinary shares of Re 1 each upon exercise of 35584 Options by Optionees under the Companys Employee Stock Option Scheme Consequently with effect from 17 March 2022 the Issued and Subscribed Share Capital of the Company stands increased to 12323255931 divided into 12323255931 Ordinary Shares of 1 each

Ambuja Cements announced the resignation of Praveen Kumar Molri DIN07810173 Nominee Director Non-Executive Non-Independent representing Life Insurance Corporation of India LIC from the directorship of the Company wef 17 March 2022 pursuant to the withdrawal of his nomination by LIC

Tech Mahindra has allotted 454667 equity shares of Rs 5 each under ESOP on 18 March 2022 With this allotment the paid up equity share capital has increased to 971833479 aggregating Rs 4859167395