Saket Lohia

2021-09-09 06:40:26 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday,8 September

1. Tejas Networks Ltd Preferential Allotment of Equity Shares and Share Warrant on a private placement basis

2. Adani Enterprises Ltd Successful Bidder in the tender invited by Nominated Authority, Ministry of Coal, Government of India

3. Cigniti Technologies Ltd Cigniti expands its global footprint in Central Europe with opening of an office in Czech Republic

4. Icici Lombard General Insurance Company Ltd Scheme of Arrangement with Bharti AXA General Insurance Company Limited ('Bharti AXA')

5. Larsen Toubro Infotech Ltd Scheme of Amalgamation between Syncordis Software Services India Private Limited and Ruletronics Systems Private Limited ('Transferor Companies'), wholly owned subsidiaries, with the Company

6. Adani Green Energy Ltd has raised US$ 750 million by allotment of USD denominated senior secured notes

7. Axis Bank Ltd has raised USD 600,000,000 through the issue and allotment of USD denominated, unsecured, 4.10% Basel III compliant, Additional Tier 1 Notes

8. Rashtriya Chemicals Fertilizers Ltd Setting Up Ofnano Urea (Liquid) Plant By RCF

9. Vinati Organics Ltd Scheme of Amalgamation with Veeral Additives Private Limited

10. Tata Consultancy Services Ltd Avianca Partners with TCS to Accelerate its Journey to the Cloud

11. Infosys Ltd Infosys and The Economist Group Announce Ambitious New Strategic Partnership Around Sustainability

12. Adani Power Ltd , has been declared as the successful bidder for commercial mining of Gondkhari coal block in Maharashtra

13. UTI Asset Management Company Ltd Investment in equity share capital of AMC Repo Clearing Limited

14. Sun Pharmaceutical Industries Ltd Sun Pharma’s foray into Nutrition Bar segment with the launch of Revital NXT

15. Godawari Power Ispat Ltd Proposal for Issue of Bonus Shares

16. Biocon Ltd enters into a settlement agreement with Celgene Corp Open / Comment

2021-09-08 06:28:29 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday,7 September

1. Jain Irrigation Systems Ltd Raise ~INR 270 Cr through issue of Ordinary Equity Shares and/or Equity Share Warrants on preferential allotment basis

2. E I D Parry India Ltd Board approved the setting up of a 120 KLPD Grain/Sugar Syrup/Molasses based Distillery at the Company''s Sankili unit in Andhra Pradesh.

3. Vidhi Specialty Food Ingredients Ltd embarks on Green Initiative by setting up 2 MW Solar Power Plant

4. Wipro Ltd and Securonix Announce Partnership to Deliver Managed Security Services

5. Tvs Motor Company Ltd announced their new distribution partnership with ETG Logistics (ETGL).

6. Mas Financial Services Ltd has entered into a strategic co-lending partnership with Bank of India for lending to MSME

7. Rail Vikas Nigam Ltd has entered into a MoU with NHAI represented by National Highways Logistics Management Limited, in connection with Construction of Multi Modal Logistics Parks

8. Embassy Office Parks REIT Approved the allotment of 3,000 rupee denominated,NCD with a of face value 1,000,000 per debenture, aggregating to Rs 300 Cr

9. IIFL Finance Ltd Board approved allotment of 1,000 NCDs aggregating to INR 100 Crores, on Private Placement Basis.

10. Lic Housing Finance Ltd India Post Payments Bank, LIC Housing Finance in Strategic Partnership for Offering Home Loan Products

11. Birlasoft Ltd Announces a Global, Strategic Partnership with Freshworks Inc. Open / Comment

2021-09-03 07:06:28 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday,2 September

1. RailTel Corporation of India Ltd has received a Contract from Directorate of Information Technology, Indian Air Force, Ministry of Defence for implementation of Secure OPS Network for value of Rs. 299.95 Crore

2. Hindustan Aeronautics Ltd Sub-division of equity shares of the Company

3. Atul Auto Ltd Acquisition of 70% equity share capital of Khushbu Auto Finance Limited

4. Reliance Industries Ltd Reliance Retail Ventures Limited (“RRVL”), has now taken sole control of Just Dial Limited

5. Rossari Biotech Ltd Acquisition of Tristar Intermediaries Private Limited

6. Gocl Corporation Ltd Acquisition of APDL Estates Limited

7. Bandhan Bank Ltd Non-Convertible Debentures (NCDs) of the Bank aggregating to Rs. 160 crore was issued and allotted

8. Irb Infrastructure Developers Ltd has emerged as a preferred bidder for Chittoor - Thachur Six Laning Highway Hybrid Annuity Project in Tamil Nadu

9. Granules India Ltd received licence from DRDO to manufacture and market of 2-DG

10. Vakrangee Limited has renewed its agreement with the Indian Bank to provide BC banking and end to end Financial Inclusion (FI) services for “Pan India” at Vakrangee Kendra outlets

11. Tata Power Co Ltd **Letter of Award from RUMSL for setting up of 330MW Solar Project in Madhya Pradesh

**12. Adani Green Energy Continues to Ramp Up Focus On ESG: Raises USD 750 Mn to fully fund equity needs for its under construction pipeline

13. Bajaj Healthcare Limited to start commercial production at Plot no. N 92, MIDC, Tarapur, of 'Nimesulide API

14. V Mart Retail Ltd Acquired 74 stores & assets of 'Unlimited' from Arvind Lifestyle Brands Ltd
15. BLS International signs contract with The Republic of Philippines Department of Foreign Affairs

16. Natco Pharma (Canada) Inc. announces the launch of Pr NAT-LENALIDOMIDE Capsules, the first generic alternative to Revlimid

17. Dr. Reddy''s Laboratories Canada announces the launch of Reddy-Lenalidomide, one of the first generic medications of its kind for the Canadian Market

18. Bajaj Electricals Ltd Acquired 147,061 (19.78%) equity shares of Nirlep Appliances Private Limited Open / Comment

2021-09-01 07:41:55 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday,31 August

1. Bharat Heavy Electricals Ltd secures largest ever order worth Rs 10,800 Crores from NPCIL for EPC of Turbine Island for 6 units of 700 MWe

2. Mastek Ltd Mastek partners with fulfillmenttools to deliver modern omnichannel fulfilment solutions to customers worldwide

3. CreditAccess Grameen Ltd Allotment of 1000 Non-Convertible Debentures on a Private Placement basis

4. Reliance Nippon Life Asset Management Ltd has subscribed for 6.17% of the paid up equity share capital of AMC Repo Clearing Limited

5. Shoppers Stop Ltd Sale of 100% equity shares held by the Company in Crossword Bookstores Limited, a wholly owned subsidiary

6. Wipro Ltd Wipro and HERE partner to provide location-based services and analytics for customers globally

7. Larsen Toubro Ltd L&T-owned Nabha Power wins Twin Awards at CII Energy Efficiency Summit 2021

8. DigiSpice Technologies Ltd Spice Money partners with Israel's leading fintech player, Tarya to launch community-led rural lend-tech platform

9. Shilpa Medicare Ltd Shilpa Medicare Limited has received DCG(i) approval for '2-Deoxy-2-Glucose' (Bulk & Oral Powder)

10. REC Ltd Amendment(s) in the Joint Venture Agreement of Energy Efficiency Services Limited, a Joint Venture Company of REC, PFC, POWERGRID and NTPC

11. Dr ReddyS Laboratories Ltd Dr. Reddy's Laboratories announces the launch of Chlordiazepoxide Hydrochloride and Clidinium Bromide Capsules, USP in the U.S. Market

12. Larsen Toubro Ltd L&T concludes the divestment of 99 MW Hydro Power Plant with Renew Power

13. Ntpc Ltd Unit-2 of 800 MW capacity of Darlipali Super Thermal Power Station, Stage-I (2 x 800 MW) is declared on commercial operation Open / Comment

2021-08-31 06:40:08 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday,30 August

1. Spice Mobility Limited A Joint Venture with 'Tarya Fintech Holdings Limited' (Tarya), a part of Israel's leading fintech group, for 'Lending Technology Platform' and other Technology Services business

2. Kotak Mahindra Bank Ltd has executed a Share Purchase Agreement for sale of 20,00,00,000 equity shares of Airtel Payments Bank Limited to Bharti Enterprises Limited

3. Yes Bank Ltd Sale of stake in YES Asset Management (India) Limited (“YESAMC”) and YES Trustee Limited (“YTL”), both wholly owned subsidiaries of YES Bank Limited

4. HDFC Asset Management Company Ltd has applied for 15% of the paid up equity share capital of AMC Repo Clearing Limited

5. Tvs Motor Company Ltd launches TVS 'Built To Order' platform

6. Acrysil Ltd Expansion of production capacity by an additional 160,000 Quartz Sinks p.a. through Greenfield Project at Bhavnagar in Gujarat

7. Larsen Toubro Ltd Sale of its entire stake in L&T Uttaranchal Hydropower Limited to ReNew Power Services Private Limited

8. Steel Strips Wheels Ltd has signed an agreement with Tata Steel Long Product Ltd. (TSPL) for rolling of Round bars of various grades for a period of 3 years

9. Tech Mahindra Ltd Acquisition of stake in AustinGiS

10. Granules India Ltd has Received Approval from the Health Canada for Acetaminophen Extended-Release Tablets

11. Ramkrishna Forgings Ltd Wins order from a Major Global Axle Manufacturer located in India for Warm Forging Business worth INR 120 million per annum

12. Anupam Rasayan India Ltd signs LOI worth Rs 135 Cr with Multinational Chemical Company

13. Man Infraconstruction Ltd is appointed as Developer by Maitri Park Co-operative Housing Society Limited; located at Chembur, Mumbai to undertake redevelopment work of its plot having area of about 9 acre

14. Pioneer Embroideries Ltd has Planned Expansion to add 8000 MT to its SPFY Capacity and Approx. Rs. 100 cr to Revenues

15. Bharti Airtel Ltd Issuance of equity shares of face value of Rs. 5/- each of the Company on rights basis Open / Comment

2021-08-28 06:48:24 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday,27 August

1. Tata Motors Ltd Scheme of arrangement between the Company and TML Business Analytics Services Limited

2. Nazara Technologies Ltd Acquisition of 10,000 equity shares of Rs 10/- each representing 100% of the issued and paid up share capital of OpenPlay Technologies Private Limited

3. Trident Ltd Raising of funds by way of Non-Convertible Debentures

4. Tech Mahindra Ltd Proposal for acquisition of 100% stake in AustinGiS

5. Max Healthcare Institute Ltd Acquired 100% equity stake in ET Planners Private Limited by Alps Hospital Limited, wholly owned subsidiary of the Company

6. Idbi Bank Ltd Proposal for sale of IDBI Bank''s entire holding of equity shares constituting 19.18% of the total equity share capital of Asset Reconstruction Company

7. Beml Ltd Issuance of Commercial Papers

8. Max Healthcare Institute Ltd acquires exclusive rights to aid development and provide medical services to a proposed 500 bed hospital in South Delhi

9. Max Healthcare Institute Ltd Acquisition of 100% equity stake in ET Planners Private Limited by Alps Hospital Limited, wholly owned subsidiary of the Company

10. Burger King India Ltd Potential Acquisition of Controlling Stake in Burger King Indonesia

11. Mahindra Mahindra Ltd Mahindra Defence to Manufacture Integrated ASW Defence Suite for Indian Navy

12. Rossari Biotech Ltd has completed the acquisition of 65% of the equity share capital

13. Pds Multinational Fashions Ltd Acquired 50% Equity Stake in Yellow Octopus Fashion Limited

14. Adani Green Energy Ltd Moody’s has assigned Ba3 with a stable outlook to the proposed foreign currency denominated bonds issuance by the Company

15. Genus Paper Boards Ltd Scheme of Amalgamation of NS Papers Limited and Genus Paper & Boards Limited

16. Aurobindo Pharma Ltd USFDA approval for Cyclophosphamide Injection

17. Adani Green Energy Ltd Proposed issuance of foreign currency denominated notes Open / Comment

2021-08-27 06:53:55 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday,26 August

1. Adf Foods Ltd Formation of the Step-Down Subsidiary in the USA

2. Computer Age Management Services Ltd is in the process of setting up an office at GIFT city to provide Asset Management Support Services for financial institutions which have set up / setting up operations in GIFT City

3. Hindustan Copper Ltd Fund raising by issue of shares through QIP and issue of Bonds/ Debenture on private placement basis

4. Vakrangee Limited and Punjab National Bank (PNB) entered into partnership to provide BC banking services for “Pan India” at Nextgen Vakrangee Kendra outlets

5. Mahindra Cie Automotive Limited has further subscribed to 7,434,000 equity shares of face value of Rs. 10/- each of ReNew Surya Alok Private Limited

6. Hero Motocorp Ltd has partnered with the district administration in Haridwar, Uttarakhand, to administer 10,000 doses of vaccines in a phased manner to the people in the city

7. Jindal Poly Films Ltd Acquired Jindal India Solar Energy Limited

8. Bharat Heavy Electricals Ltd Signed MoU between BHEL and JSC Rosoboronexport

9. Wipro Ltd and DataRobot Partner to Deliver Scalable Enterprise AI Solutions

10. Marksans Pharma Ltd USFDA approval for Acetaminophen Extended-Release Tablets USP, 650 mg

11. Tata Consultancy Services Ltd Standard Bank Selects TCS BaNCS Cloud for Digital Claims Transformation in Short Term Insurance

12. Spicejet Ltd finalises settlement with major lessor of MAX aircraft

13. Carborundum Universal Ltd has agreed to make a strategic investment in PLUSS Advanced Technologies Private Limited

14. Affle India Ltd Stock split of Company's One (1) equity share of face value of Rs. 10/- each into Five (5) equity shares of face value of Rs. 2/- each

15. Intellect Design Arena Ltd continues its winning streak by signing a Digital Transaction Banking transformation deal with a leading Islamic Bank in APAC

16. Wockhardt Ltd and Jemincare partner for novel respiratory antibiotic Nafithromycin Open / Comment

2021-08-26 07:37:34 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday,25 August

1. Control Print Ltd Acquired majority stake (80%) in the capital of said ICPL

2. Infosys Ltd Announces New Digital Development Centre in Toronto Region to Nurture Digital-Ready Workforce

3. Solara Active Pharma Science Ltd Scheme of Amalgamation of Aurore Life Science Private Limited , Empyrean Lifesciences Private Limited and Hydra Active Pharma Sciences Private Limited with the Company

4. Max Healthcare Institute Ltd approved an additional investment for an amount upto INR 50 Crores by way of subscription towards Rights Issue of equity shares of Alps.

5. Cipla Ltd Kemwell Biopharma announce execution of a joint venture agreement for developing, manufacturing and commercialising biosimilars

6. Muthoot Finance Ltd Belstar Microfinance Limited, a subsidiary has entered into definitive agreements today with its Promoters with a proposed primary equity infusion of Rs. 350 crore

7. Magma Fincorp Ltd Poonawalla Fincorp Limited (‘the Company’) signs MoU with Institute of Company Secretaries of India (ICSI) for special term loans to its members

8. Kaveri Seed Company Ltd Approved the proposal for the buyback for an aggregate amount not exceeding Rs 120 Cr at a price not exceeding Rs 850 per Share

9. Allied Digital Services Ltd has won a Six year contract valued at USD 88 million (INR 650 Crores) pure services business to transform IT operating model and infrastructure landscape

10. Gateway Distriparks Ltd Scheme of amalgamation amongst Gateway Distripark Limited, gateway East India Private Limited and gateway Rail Freight Limited Open / Comment

2021-08-25 06:42:25 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday,24 August

1. Adani Ports And Special Economic Zone Ltd Proposal of acquisition of 10.4% stake of Gangavaram Port Limited

2. Prestige Estates Projects Ltd Prestige Estates subsidiary acquires 70% equity stake in Shipco Infrastructure Private Limited

3. Anant Raj Global Ltd BREP will acquire two of the Company's wholly-owned subsidiaries, Goodluck Buildtech Private Limited (Goodluck) and Anant Raj Hotels Limited

4. Dishman Carbogen Amcis Ltd 's wholly owned subsidiary namely CARBOGEN AMCIS AG., Switzerland has entered into a co-investment agreement of more than CHF 4 million with a Europe based key client

5. Isgec Heavy Engineering Ltd Bags a Major Order for EPC Process Plant from a Prominent Refinery

6. Godrej Industries Ltd Acquisition of shares of Godrej Housing Finance Limited ('GHFL') and transfer of shares of Ensemble Holdings and Finance Limited

7. Wabco India Ltd Offer for Sale of equity shares of Rs. 5 each of WABCO India Limited by a member of its promoter group, namely ZF International UK Limited

8. Hdfc Bank Ltd Sold 23,11,000 Equity shares of face value Rs. 10/- each fully paid up held by the Bank in CDSL

9. Lupin Ltd Launches Luforbec 100/6 µg pMDI, first branded generic alternative to Fostair 100/6 µg pMDI for treatment of Asthma & COPD, in the UK

10. Infosys Ltd UCAS Announces Major Core Technology Contract with Infosys

11. Abb India Limited ABB expands manufacturing capacity for Low Voltage (LV) motors at its Faridabad facility, powered by renewable energy

12. Optiemus Infracom Ltd signed an MoU on a Strategic Partnership to form a unique alliance with Wistron Infocomm Manufacturing (India) to manufacture mobile devices, IT hardware and Automotive- EV products.

13. Maruti Suzuki India Ltd CCI has passed an order for the alleged contravention against the Company and has imposed a penalty for an amount of INR 200 crores on the Company Open / Comment

2021-08-24 06:40:07 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday,23 August

1. Karnataka Bank Ltd Plans to raise Rs.6000 crore via Debt

2. Adani Enterprises Ltd Incorporation of PLR Systems (India) Limited

3. Kabra Extrusiontechnik Ltd Battrixx associates with Wardwizard to power their electric two-wheelers

4. Infosys Ltd Infosys Foundation Inaugurates New Outpatient Department (OPD) Block at The Kidwai Memorial Institute of Oncology, Bengaluru

5. Indian Hotels Co Ltd Issue of Equity Shares by way of a Rights Issue for an amount not exceeding Rs. 3,000 crores

6. Hcl Technologies Ltd Signs Contract with Munich Re to Transform Digital Workplace Services in 40 Countries

7. Steel Strips Wheels Ltd has signed an MOU for close to $105 Mln from Western Hemisphere which would cover supply of Steel and Aluminum wheels for a minimum period of 3 years

8. Mangalore Refinery Petrochemicals Ltd Raise funds upto Rs. 5,000/- Crore (Rupees Five Thousand Crore) through issue of Non Convertible Debentures (NCDs)/ Bond

9. Cadila Healthcare Ltd gets 180-day exclusivity for Tofacitinib extendedrelease 22 mg tablets, announces final approval from USFDA

10. Tvs Motor Company Ltd TVS Motor Company launches TVS NTORQ 125 Race Edition in Bangladesh

11. Rattanindia Infrastructure Limited Formed wholly owned subsidiary of RattanIndia Enterprises Limited ('Company') for Drone business in India Open / Comment