News Overview

Man Infraconstruction announced that Parag K Shah Promoter ceased to be the Chairman of the Company He will continue to serve as Non-executive Director and has been designated as Chairman Emeritus of the Company; and Berjis Desai Non-Promoter has been classified as Non-Independent Nonexecutive Director and appointed as Non-executive Chairman of the Company The change in directorate is effective from 01 January 2022

Kewal Kiran Clothing announced that Bhavin Sheth CFO has resigned from the services of the company with effect from 31 January 2022

Ashok Leyland sold 12518 units in December 2021 compared to 12760 units in December 2020 recording a decline of 2Percentage Domestic sales declined 3Percentage to 11493 units in December 2021

Indowind Energy will hold a meeting of the Board of Directors of the Company on 7 January 2022

UPL announced that it has raised a second tranche of USD700 Million sustainability linked loan SSL on 31 December 2021 with a reduction of interest cost by 35bps and an opportunity for a further reduction of 5bps on achievement of sustainability indicators agreed with the banks The first tranche of USD750 million was raised in March and April 2021 Of the USD145 billion the debt […]

Shri Bajrang Alliance has signed a Letter of Intent with Franwork Brands for opening of 100 QSRQuick Service Restaurant for the Calendar Year 2022 This is the Asia Largest integrated franchise solution Company since 1999 and the first company to introduce develop franchising market in India and an absolute authority on franchising licensing and retailing It has served leading corporations like McDonalds Pizza Hut KFC […]

NCC has receives five orders totaling to Rs 1898 crore in month of December 2021 Out of this three orders of Rs 988 crore pertain to Building Division and balance two orders of Rs910 crore pertain to Water Division These orders are received from State Government agencies and do not include any internal orders

Repco Home Finance announced that the tenure of Yashpal Gupta DIN 00033484 as Managing Director Chief Executive Officer of the Company has ended on 02 January 2022 Accordingly he ceased to be the Managing Director CEO of the Company with effect from the end of business hours on 02 January 2022

Suraj Industries will hold a meeting of the Board of Directors of the Company on 8 January 2022

Maruti Suzuki India produced 152029 units in month of December 2021 compared to 155127 units in December 2020 The company said that the shortage of electronic components had a minor impact on the production of vehicles during the month