News Overview

Shree Securities will hold a meeting of the Board of Directors of the Company on 16 December 2022

The Board of PNB Housing Finance at its meeting held on 29 November 2022 has approved the draft letter of offer dated 29 November 2022 to be filed with the Securities and Exchange Board of India NSE and BSE for the proposed rights issue of the company for an amount not exceeding Rs 2500 crore

GMM Pfaudler announced that the companys wholly owned subsidiary GMM Pfaudler US Inc USA has incorporated a joint venture company with JDS Manufacturing Inc in USA named GMM Pfaudler JDS LLC and has completed the acquisition of 51Percentage shareholding of GMM Pfaudler JDS LLC on 28 November 2022

NMDC has fixed prices of iron ore with effect from 30 November 2022 as under i Lump Ore 655Percentage 6-40mm @Rs 4100 per ton ii Fines 64Percentage -10mm @ Rs 2910 per ton

Apollo Hospitals Enterprise has approved the issuance of 1050 listed unsecured non-convertible debentures of Rs 10 lakh each aggregating to Rs 105 crore on private placement basis The deemed date of allotment is 09 December 2022

India Motor Parts Accessories has completed the acquisition of 5 lakh equity shares of CAPL Motor Parts subsidiary of the company With this acquisition the companys stake in CAPL Motor Parts increases by 10Percentage to 100Percentage CAPL Motor Parts has become the wholly owned subsidiary of the company

The Board of Greenpanel Industries through resolution by circulation on 29 November 2022 approved the winding up of the Companys wholly owned subsidiary WOS namely Greenpanel Singapore Pte Ltd pursuant to the rules and regulations of its host country The Board also approved write off the investment in the WOS to the extent of impairment of the asset due to accumulated losses of the WOS

Trade-Wings announced that the Annual General Meeting AGM of the company will be held on 28 December 2022

AU Small Finance Bank has allotted 118087 equity shares of face value of Rs 10 each on 29 November 2022 under ESOP The paid-up equity share capital of the Bank will accordingly increase from Rs 6663162090 to Rs 6664342960

Kirloskar Pneumatic Company announced the sad demise of Vikram S Kirloskar DIN 00007907 Non-Executive Director and Promoter of the Company on 29 November 2022 at Bangalore