News Overview

U H Zaveri announced that an Extra Ordinary General Meeting EGM of the Company will be held on 31 March 2022

Hindustan Petroleum Corporation has issued Unsecured Redeemable Non-Convertible Non-Cumulative Taxable Debentures of Rs1000000 each aggregating to Rs1500 crore on private placement basis on 28 February 2022 for funding of refinancing of existing borrowings andor funding of capital expenditure of the Issuer including recoupment of expenditure already incurred andor for any other purpose in the ordinary course of business of the Issuer

Solar Industries India announced that CRISIL Ratings has reaffirmed the rating CRISIL AAStableCRICIL A1 for the bank facilities and commercial papers of the company

Lupin announced the launch of Sevelamer Hydrochloride Tablets 800 mg having received an approval from the United States Food and Drug Administration FDA The product will be manufactured at Lupins facility in Nagpur India Sevelamer Hydrochloride Tablets 800 mg is a generic equivalent of Renagele Tablets 800 mg of Genzyme Corporation

Tube Investments of India announced that the Board of TI Clean Mobility a wholly owned subsidiary has today 2 March 2022 allotted 99500000 equity shares of Rs 10 each to the Company viz Tube Investments of India pursuant to subscription to the rights issue by the Company

Shriram City Union Finance has allotted 61215 equity shares under ESOP on 02 March 2022

The Board of Page Industries at its meeting held on 01 March 2022 has approved the transition of Sunder Genomal to the role of Non-Executive Chairman with effect from 1 June 2022; and appointment of V S Ganesh Executive Director and Chief Executive Officer as Managing Director with effect from 1 June 2022 subject to the approval of shareholders of the Company

Mphasis has allotted 27970 equity shares under ESOP on 01 March 2022

Ganesh Benzoplast will hold a meeting of the Board of Directors of the Company on 7 March 2022

Piramal Enterprises has allotted 1250 secured rated listed redeemable principal protected market link non-convertible debentures having face value of Rs 10 lakh each aggregating to Rs 125 crore on private placement basis on 02 March 2022