News Overview

Trade-Wings will hold a meeting of the Board of Directors of the Company on 7 March 2022

Punjab Sind Bank has received reaffirmation in credit ratings from ICRA as under Basel II Lower Tier II Bonds Rs 300 crore- ICRA AA-; Negative reaffirmed and withdrawn Basel III Additional Tier I Bonds Rs 1000 crore – ICRA A-; Negative reaffirmed Certificate of Deposits Rs 10000 crore – ICRA A1 reaffirmed

EID Parry India announced that the Board of Directors of the Company at its meeting held on 28 February 2022 inter alia have recommended the second interim dividend of Rs 55 per equity Share ie 550Percentage subject to the approval of the shareholders

Indian Overseas Bank announced that India Ratings and Research has assigned its rating as IND AA- Stable for the proposed issue of Rs 800 crore Tier II Bonds under Basel III and reaffirmed the rating as IND AA- Stable for Basel III Tier II Bonds of Rs 500 crore

Advik Capital will hold a meeting of the Board of Directors of the Company on 4 March 2022

ICICI Bank has allotted 141981 equity shares of face value of 2 each on 28 February 2022 under the Employee Stock Option Scheme ESOS

Siemens announced that Sunsole Renewables Mumbai India has today allotted 26Percentage of its paid-up equity share capital to the Company ie Siemens for a consideration of Rs 27 Million

Precision Containeurs will hold a meeting of the Board of Directors of the Company on 7 March 2022

Bharat Forge has completed the purchase of 23594274 equity shares of Kalyani Strategic Systems KSSL a subsidiary of the company from its existing shareholders resulting in an increase in the companys stake in KSSL from 51Percentage to 100Percentage Consequently KSSL has become a wholly owned subsidiary of the Company with effect from 28 February 2022

For consideration of Rs 265 cr