News Overview

Kirloskar Ferrous Industries has allotted 2500 rated listed unsecured redeemable Non-Convertible Debentures NCDs of the face value of Rs 1000000 each in two series of 1250 NCDs each aggregating to Rs 250 crore on a private placement basis to the identified investors

Rail Vikas Nigam will hold a meeting of the Board of Directors of the Company on 16 March 2022

Bandhan Bank has allotted 7181 equity shares of Rs 10 each under ESOP Post allotment the issued and paid-up equity share capital of the Bank stands increased from Rs 16107586860 comprising of 1610758686 equity shares of Rs 10 each fully paid-up to Rs 16107658670 comprising of 1610765867 equity shares of Rs 10 each fully paid-up

Cigniti Technologies announced that NelsonHall has recognized Cigniti as a market leader in AI Cognitive Application Security Testing Continuous Testing overall Quality Engineering as a High Achiever in Cloud Migration and as a Major Player in UX testing in the Quality Engineering NEAT charts

DCB Bank has allotted 300000 equity shares of Rs10 each today ie on 09 March 2022 pursuant to the terms of the Employee Stock Option Plan ESOP of the Bank Post this allotment Banks issued and paid up share capital has increased to 310976463 equity shares of Rs10 each

TARC will hold a meeting of the Board of Directors of the Company on 10 March 2022

Ramco Systems has allotted 60516 equity shares under various ESOP schemes Consequently the paid up equity share capital has increased from 30753405 equity shares of Rs10 each to 30813921 equity shares of Rs10 each

ITI has received credit ratings from ICRA as under Fund based Rs 2445 crore – ICRA BBB-; Stable ICRA A3 Non fund based Rs 202450 crore – ICRA BBB-; Stable ICRA A3

Spandana Sphoorty Financial has on 10 March 2022 approved the issuance of Rated Listed Secured Redeemable Non-Convertible Debentures having a face value of Rs 1000000 each aggregating upto Rs 35 crore on private placement basis

Future Market Networks announced that an Extra Ordinary General Meeting EGM of the Company will be held on 20 April 2022