News Overview

Huhtamaki India announced that the Board of Directors of the Company at its meeting held on 28 February 2022 inter alia have recommended the final dividend of Rs 1 per equity Share ie 50Percentage subject to the approval of the shareholders

Panacea Biotec announced that the asset purchase agreement has been executed on 28 February 2022 for the sale of pharmaceutical formulation brands of the companys material subsidiary Panacea Biotech Pharma in India and Nepal to Mankind Pharma for an aggregate consideration of Rs 1827 crore

Tube Investments of India has allotted 44184 equity shares under ESOP With this allotment the paid up equity share capital has increased from Rs 192906037 to Rs 192950221

Max Financial Services announced that Max Life Insurance Company Max Life a material subsidiary of the company has incorporated a wholly owned subsidiary named Max Life Pension Fund Management Max Life will infuse Rs 55 crore in the newly incorporated pension fund company

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

Veeram Securities announced that an Extra Ordinary General Meeting EGM of the Company will be held on 1 April 2022

Jaiprakash Power Ventures has received revision in credit rating from CRISIL BBB- ; Stable to CRISIL BBB- ; Positive for long term bank facilities of the company

Wockhardt will hold a meeting of the Board of Directors of the Company on 3 March 2022

Manav Infra Projects will hold a meeting of the Board of Directors of the Company on 7 March 2022

Trident has redeemed commercial paper aggregating Rs 50 crore on 02 March 2022