Saket Lohia

2021-07-30 06:42:42 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

29 July

1. Tejas Networks announces a strategic investment from Panatone Finvest Limited, a subsidiary of Tata Sons Private Limited, for a controlling stake in the company

2. Salzer Electronics has incorporated a JV SALZER KOSTAD EV CHARGERS PRIVATE LIMITED

3. Tata Teleservices and Zoom Partner to Provide Unified Communications Solutions to Enterprises

4. Goodluck India Allotment of 7,50,000 Equity shares of the face value of Rs. 2 each at an issue price of Rs. 75.00 each

5. LT Infotech Wins PTC Partner Network Award for Transformation in Manufacturing Operations

6. Poonawalla Fincorp strengthens its leadership team with new appointments

7. Privi Speciality Chemicals to Enter into a Joint Venture with Givaudan S

8. Prism Cement announced Divestment of the Company's entire holding of 51% of the paid-up equity share capital in Raheja QBE General Insurance Company Limited, a material subsidiary, to Paytm Insuretech Private Limited

9. UTI AMC has Appointed Chief Investment Officer and Head of Equity

10. Timex India launches its First Made in India Smartwatch

11. Alkem Labs - US FDA had conducted a remote and virtual Bio-Analytical inspection of the Company’s Bioequivalence Center located at Taloja, Maharashtra from 26th July, 2021 to 28th July, 2021. At the end of the inspection, no Form 483 was issued. Open / Comment

2021-07-29 06:54:35 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

28 July

1. Sanofi India Ltd Slump Sale and transfer of the Nutraceuticals business of the Company

2. Shilpa Medicare announces receipt of confirmation of WHO - GENEVA approval for API, Tenofovir Disoproxil Fumarate, a medication used to treat chronic hepatitis B

3. Airtel has discontinued its Rs 49 entry level Prepaid recharge. The Company’s Prepaid packs will now start from the Rs 79 Smart Recharge

4. Heritage Foods has Appointed Mr. Srideep Nair Kesavan, as Chief Executive Officer (CEO) of the Company

5. Embassy Office Parks REIT Fund raising by way of issuance of rupee denominated, listed, rated, secured/unsecured, redeemable, transferrable non-convertible debentures aggregating up to Rs. 4,600 crores

6. G R Infraprojects Limited has been emerged as L-1 bidder for 'Development of 6-lane Amritsar-Bathinda Greenfield section of NH-754A'

7. Jasch Industries Ltd Scheme of Arrangement amongst Jasch Industries Limited ('Demerged Company')and Jasch Gauging Technologies Limited

8. Rupa Company Ltd Scheme of Arrangement between Oban Fashions Private Limited ('Demerged Company') and Rupa & Company Limited

9. Kddl Ltd Company has acquired 1,00,000 fully paid equity shares of Rs. 10 each at a price of Rs 200 per share from the existing shareholder of Ethos Limited

10. Isgec Heavy Engineering Ltd Isgec Hitachi Zosen Limited, subsidiary and joint venture Company Bags Breakthrough Order for a PTA Reactor

11. Srf Ltd Appointment of Mr. Prashant Yadav as President & CEO Project and is doing Expansion of Fluorocarbon Refrigerant Gas Capacity, with backward integration into key raw material, at Dahej at an estimated cost of Rs. 550 Crores.

12. Dhanuka Agritech Ltd has New Product launched by the Company

13. Wabco India Ltd Company has signed a MoU with the Government of Tamil Nadu for this proposed expansion project

14. Trident Ltd Company has expanded its Yarn Segment and also commenced its commercial operations. Open / Comment

2021-07-28 06:38:46 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday 27 July
1. Tata Communications launches IZOTM Financial Cloud platform in India

2. Happiest Minds wins Golden Peacock Business Excellence Award 2021

3. Moneyboxx appoints Mr. Praveen Gupta as Chief Impact Officer

4. ABB to divest Mechanical Power Transmission division (Dodge) to RBC Bearings for $2.9 billion

5. Balkrishna Paper Mills has Allotted 4,00,000 - 6.5% Non-Cumulative Redeemable Preference Shares of Rs.100 each for cash at par on preferential basis

6. ICICI Lombard and Dr. Reddy’s collaborate for pilot launch of first-of-its-kind integrated and cashless digital health solution in India

7. Jay Bharat Maruti Proposal for issuance of securities for an amount not exceeding Rs. 150 Crores

8. Asi Industries announced Slump sale of the Engineered Stone Division of the Company to Marudhar Rocks International Private Limited for 84.5 Cr

9. Godawari Power Ispat has Proposed for setting up of Integrated Steel Plant with a capacity of 1.5 to 2 Million Tons of Flat Products

10. Filatex India Increasing polycondensation capacity by 50 TPD and putting up additional manufacturing facilities for 120 TPD of Polyester Partially Oriented Yarn at Dahej plant

11. Karnataka Bank announced Raising capital through QIP

12. Vst Industries announced Appointment of Mr. Aditya Deb Gooptu as Managing Director & CEO

13. Cyient Limited Company has signed a definitive agreement to acquire the 100% stake in WorkForce Delta (WFD), a global consultancy company Open / Comment

2021-07-27 06:40:44 Street Brief!
By Saket Lohia
https://t.me/saketlohia5
24 & 25 July

Sri kalahasti Pipes has taken shut down of its Mini Blast Furnace (MBF) from 25th July, 2021 (AN) for about 18 days to complete commissioning of new Blast Furnace to increase the capacity from 3,00,000 TPA to 4,00,000 TPA

Sun Pharma and Cassiopea SpA Announce Signing of License and Supply Agreements for Winlevi (clascoterone cream 1%) in US and Canada

Kilitch Drugs Green field project in Ethiopia under the name Kilitch Estro Biotech PLC has started commercial production of Cephalosporins Injectable line

Shree Renuka Sugars - Raising of funds through Qualified Institutional Placement (QIP

Jindal Stainless announced Enhancement of capacity from 1.10 MTPA to 2.10 MTPA at Company's plant located at Jajpur, Odisha

Vinati Organics Factory operations at the Unit at Mahad have been temporarily halteddue due to unprecedented and persistent rain

Equitas Holdings Board has approved a Scheme of Amalgamation between Equitas Holdings Limited and Equitas Small Finance Bank

Biocon Biologics Partners with Adagio Therapeutics to Advance Antibody for the Prevention and Treatment of COVID-19

Prataap Snacks has announced Commencement Of Commercial Production At New Unit Of The Company

IDFC First Bank Proposal for raising funds by way of issuance of debt securities, on private placement basis Open / Comment

2021-07-26 06:33:39 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

24 & 25 July

1. Indusind bank is Raising funds through debt securities or equity instruments or convertible debt securities for an aggregate amount not exceeding INR 30,000 cr

2. Avantel has received order for an amount Rs. 7.80 Cr from IHQ, MoD (Navy) for AMC of Satcom Systems

3. Palred Technologies - pTron launches country's first Made-in-India Active Noise Cancellation TWS Earbuds with Pooja Hegde

4. Jindal Steel has announced Divestment of Company’s entire equity interest (representing 96.42% of the issued and paid up capital) in Jindal Power Limited Open / Comment

2021-07-24 15:40:48 Hi Everyone!
will be sharing some practical fundamental insights on a cyclical company's Investing. The meet is tomorrow, 25th July - 4 to 5 PM.
Please see the link to join : http://bit.ly/delta-investing-register Open / Comment

2021-07-24 06:57:59 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

23 July Saturday

1. Kpit tech has received NCLT Approval for merger of Impact Automotive Solutions Limited, with the Company

2. Federal Bank approved the allotment of 10. 48 Cr shares at the issue price of Rs. 87.39/-

3. JSW Steel is doing Strategic investment of approximately INR 750,00,00,000 in JSW Paints Private Limited

4. Jubilant Life Sciences has Demerger of the Active Pharmaceutical Ingredients (API) undertaking of Jubilant Generics Limited

5. Navkar Corp Approved the setting up of Inland Container Depot and Private Freight Terminals near Mundra or Pipava or Northern Maharashtra

6. Lasa Supergenics reported Fire accident occurred today in our Plant situated at Mahad, Dist Raigad

7. Kirloskar Industries - Avante Spaces Limited have considered and approved the revised plan in respect of mixed-use development on its land parcels at Kothrud, Pune

8. Bajaj Corp has launched a new Product "Bajaj 100% Pure Coconut Oil."

9. Nectar life has proposed Sale of Non Core Assets/ Core Assets to repay Loans.

10. Dynamatic Technologies has concluded the sale of the foundry business assets of its wholly owned subsidiary JKM Ferrotech Limited , to M/s. Danblock Brakes India Private Limited Open / Comment

2021-07-23 06:29:33 Street Brief! By Saket Lohia https://t.me/saketlohia5 Wednesday 21 July 1. Zydus has announced that European Medicines Agency has granted Orphan Drug Designation to Saroglitazar Mg for the treatment of patients with Primary Biliary Cholangitis (PBC) 2.… Open / Comment

2021-07-22 06:39:59 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday 21 July

1. Zydus has announced that European Medicines Agency has granted Orphan Drug Designation to Saroglitazar Mg for the treatment of patients with Primary Biliary Cholangitis (PBC)

2. Goldiam International announced Buyback up to 6,65,248 equity shares of the Company at a price of Rs. 675/- for an aggregate amount not exceeding Rs.44,90,42,400/-

3. UGRO Capital launches ‘Pratham’, a ₹ 1,000 Cr MSME Co-lending Program in partnership with Bank of Baroda

4. Granules Pharmaceuticals, Inc. Clears US FDA Audit.The FDA issued two minor observations during the audit.

5. Brightcom is approved to be a certified Google MCM (Multi Customer Management) partner

6. Zydus Cadila receives tentative approval from the USFDA for Ibrutinib Tablets.

7. Airtel and Intel announce collaboration to accelerate 5G in India

8. Rajratan Global has signed a MOU with Government of Tamil Nadu for setting up a new manufacturing facility for Tyre Bead Wire in the state.

9. Kesoram Industries Ltd Issue of fully paid Equity Shares on preferential basis through private placement to Usinara Trading and Services Private Limited.

10. Sterling Tools - E-Mobility Segment bags an order worth INR. 60 Cr for High Speed Electric 2W application

11. Sangam India Approved expansion program for installation of 32832 spindles for manufacture of cotton yarn with total cost of the project be Rs. 137.25 Crore

12. Allcargo to Voluntarily delist the Equity Shares from the stock exchanges BSE and NSE. Open / Comment

2021-07-21 06:30:57 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday 20th July

1. Wonderla Hyderabad is all set to open from 5th August

2. Glenmark Pharmaceuticals has completed Filing and approval of the Red Herring Prospectus of its wholly owned subsidiary "Glenmark Life Sciences Limited"

3. Isgec Bags a Significant Order for Soda Ash Project from Russia

4. Premier Explosives has entered into an agreement for Transfer of Technology with Thorimba Global Ltd., a foreign company

5. IRCON has completed 100 km track linking out of 372 km stretch entrusted by Dedicated Freight Corridor Corporation of India Ltd

6. Can Fin Homes to raise funds by way of issue of equity shares through qualified institutions placement

7. Dcm Shriram announced Capital expenditure of Rs. 145 Crores for the following expansion at DCM Shriram Ltd., Sugar Unit.

8. Wipro to Invest $1 Billion to Expand Cloud Transformation Capability, Launches Wipro FullStride Cloud Services

9. NBCC was awarded with the work for Construction of National Sports University at Imphal, Manipur on EPC mode, valuing Rs. 400 crore.

10. BDL Flagged off Medium Range Surface to Air Missile.

11. Som Distillery Approved a proposal of fund raising through a Rights Issue. Open / Comment