Saket Lohia

2022-02-18 06:02:38 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 17 Feb

1 Garvita India- Its refined lead got approval from MCX as deliverable.

2 M&M- Decided to transfer its agricultural facilities business to its 100% subsidiary, Ryono Engineering Co. Ltd.

3 Rites- RITES, IIT-Madras sign MoU for marine infra works

4 Kabra Extrusion- Battrixx will be supplying the advanced range of lithium-ion battery packs with smart batteries designed by BGauss for its range of high-speed e-two-wheelers

5 Geecee Ventures- Mr. Ashish Ranka - Chief Financial Officer of the Company has given resignation

6 HAL- Office of Joint Commissioner of Income Tax has allowed R&D Expenditure of Rs.638.33 Cr as capital expenditure, resulting in refund of Rs.710.36 Cr.

7 Vascon Engineers- Completed the acquisition of 92% shareholding in River Shore Developers Private Limited

8 CSB Bank- Appointment of Mr. Pralay Mondal as the Deputy Managing Director of the Bank Open / Comment

2022-02-17 06:01:16 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 16 Feb

1 Thinkink Picturez- Company has collborated with Jio Studios Original for a web series name The Great Wedding of Munnes

2 Burger King- Approved share issue to QIB at Rs 129.25 per share.

3 Nitta Gelatin- Board has nominated Mr. Mohammed Hanish IAS Principal Secretary Industries (II), Government of Kerala as Director and Chairman on the Board

4 Innovators Facade- Company has been awarded the Work Order of approx. Rs. 70 (plus) crores

5 Tilaknagar Industries- Commenced production of brands of French multinational Pernod Ricard India Private Limited at its Shrirampur bottling facility.

6 Modi Natural- Company is setting up a state-of-the-art distillery, which has a production capacity of 210 KLD.

7 GRP- GRP has increased its production capacity of Engineering Plastic Division and Polymer Composite Division.

8 Sahyog Multibase- Best Crop Science has been granted License for indigenous manufacturing of Spiromesifen Technical.

9 Jubilant Ingrevia- Commissions new facility for Diketenes & Derivatives on 16th Feb. Open / Comment

2022-02-16 06:12:24 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 15 Feb

1 ACC- ACC announced successful commissioning of 1.6 MTPA Grinding Unit (GU) at Tikaria in the State of Uttar Pradesh

2 Indusind Bank- IndusInd Bank to facilitate digital transactions on National Agriculture Market (e-NAM) for Agri Value chain participants

3 Ramkrishna Forging- Newly commissioned Warm Forging Plant Successfully starts dispatching of products to India's leading axle manufacturer.

4 Sunshield Chemicals- Approved project to enhance existing antioxidant plant capacity, debottlenecking of EO / Theic unit

5 Alankit Ltd- Mr. Yash Jeet Basrar, Independent Director of the Company is appointed as the Chairman of the Company

6 Repco Home- Appointment of Smt.K.Lakshmi as Chief Financial Officer

7 A2Z Infra- Company received contract from NBCC for 64.72 Cr. Open / Comment

2022-02-15 06:31:30 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 14 Feb

1 Rattanindia Enterprise- Launch of its all-digital, financial aggregator platform, BankSe on the popular android mobile platform.

2 Asian Oilfield- Asian Joint Venture receives LOA for Hura CHP worth Rs. 128 Crores from Eastern Coalfields Limited

3 Cineline India- Appointment of Mr. Ashish Kanakia as Chief Executive Officer (CEO) of the Company

4 Pennar Industries- Pennar Industries bags orders worth INR 647 Crores

5 A Infrastructure- Signing of MOU with Jharkhand Govt. for setting up of new project for Asbestos Cement Sheet and Flat Board

6 Zuari Global- Resignation of Mr. Soundararaghavan Rangachari as Director, MD and Mr Athar Shahab promoted from JMD to MD.

7 Greenply Industries- Appointment of Mr. Nitin Kalani as the Chief Financial Officer (CFO) and Key Managerial Personnel Open / Comment

2022-02-14 06:16:16 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Saturday-Sunday, 12-13 Feb


1 Adani Power- Deed of Settlement singed with Gujarat Urja Vikas Nigam to resolve all disputes pertaining to Power Purchase Agreements.

2 Waree Renewable- Company has entered into MOU with AES (India) to locally manufacturing, upgradation, marketing and development of innovative “MAVERICK ” solar module.

3 Electrosteel Casting- Appointed Mr. Ashutosh Agarwal as a Whole-time Director and Chief Financial Officer.

4 Dilip Buildcon- Divestment of equity stake of the company in 10 Hybrid Annuity Model projects

5 Orchid Pharma- Capital expenditure amounting up to Rs.50 Cr for the manufacturing facility of the Company at Alathur.

6 Thyrocare- Appointed Mr. Rahul Guha as Managing Director & CEO of the Company.

7 Capri Global- Setting up of new line of business i.e Gold loan by opening of ~1,500 Gold Loan branches in next 5 years.

8 Grasim Industries- Commissioned a new line of 300 Ton Per Day capacity of VSF (Line 5) at Grasim Cellulosic Division. Open / Comment

2022-02-12 08:23:18 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 11 Feb

1 Sarthak Metals- Acquisition of land for the expansion of business

2 Sapphire Foods- Approved Scheme of Merger by absorption of Gamma Pizzakraft and Gamma Pizzakraft (Overseas) with Sapphire Foods

3 Arvind Fashion- Company has appointed Mr. Piyush Gupta, as the Chief Financial Officer of the Company.

4 Godrej Industries- Further investment of 2000 Cr in Godrej Properties and 500 Cr in Godrej Agrovet.

5 Arc Finance- Sub-division of equity shares of the Company in ration of 1:10

6 Ashoka Buildcon- Emerged as the Lowest Bidder (L-1) for the Project, the Bid Value of which is Rs.692.50 Cr.

7 Novartis- Company is entering into an exclusive sales and distribution agreement with Dr. Reddy's Laboratories of its Established Medicines

8 Ujjivan Financials- Mr. Sanjeev Barnwal has tendered his resignation from his existing position of CEO and Company Secretary

9 Poonawalla Fincorp- Company reinstated Mr. Abhay Bhutada as its Managing Director with effect from 12 February 2022.

10 Honeywell Automation- Resignation of Mr. Amit Kumar Tantia as the Chief Financial Officer

11 Birla Corp- Wall Putty Plant of RCCPL Pvt. Ltd. inaugurated at Maihar, Madhya Pradesh Open / Comment

2022-02-11 06:28:52 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 10 Feb

1 Persistent System- Entered into an Agreement with Data Glove IT Solutions to acquire its assets.

2 Gulf Oil- Acquisition of the equity stake in TechPerspect Software Private Limited

3 Dilip Buildcon- Received LOA for a new EPC Project 'Construction of tunnels T14, T15 and T16 in district Bilaspur of Himachal Pradesh

4 Subex- Ethio Telecom selects HyperSense for 5G Business Assurance

5 Sterlite Tech- Expanded its partnership with Netomnia, one of the fastest growing network operators in the United Kingdom

6 Vikash Multicorp- Order for supply 30000+ Gas Meters from Gujarat Gas Limited to Genesis-company's recent acquisition

7 Kesar Enterprise- Expansion of the Company''s Distillery capacity to 80KLPD Multi Pressure Distillation plant from 45 KLPD

8 Stride Pharma- Approved an updated scheme of amalgamation for merger of Vivimed Life Sciences Private Limited

9 Jtekt- Appointment of Mr. Hitoshi Mogi, as Chairman & Managing Director of the Company

10 Lemon Tree- Appointed Mr. Niten Malhan, Non-executive Independent Director as Chairperson Open / Comment

2022-02-10 06:13:52 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 9 Feb

1 Gulf Oil- Approved Buy back at a price of Rs 600.

2 Glenmark- Launches Nitric Oxide Nasal Spray (FabiSpray ) in India for the Treatment of Adult Patients with COVID-19 in partnership with SaNOtize

3 Abott India- Appointment of Mr Vivek V Kamath as an Additional Director and Managing Director of the Company

4 Bosch- Appointment of Mr. Guruprasad Mudlapur as a Director and as a Joint Managing Director

5 Ramky Infra- Agreement for execution of 'Construction of 6 STPs of 480.50 MLD Capacity along South of Musi River under Sewerage Improvement Project

6 Sundaram Clayton- Appointed Mr R Gopalan, Non-Executive Independent Director, as Chairman

7 Phillip Carbon- Approved Sub-division of Equity Share having a face value of Rs. 2/- each into one (1) Equity Share of face value of Re. 1/- each

8 FDC- Approved Buyback of Equity Shares at a price of Rs.475/- for an aggregate amount not exceeding Rs.137.75 Cr

9 Solara Active Pharma- Appointment of Mr. Rajender Juvvadi Rao as Managing Director & Chief Executive Officer Open / Comment

2022-02-09 06:19:28 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 8 Feb

1 Wockhard- Wockhardt gets CDSCO nod for exporting up to 100 million doses of Sputnik Vaccines

2 Tata Comm- Eclat Media Group selects Tata Communications to bring global sports to pan-Asian viewers

3 The Investment Trust- Appointment of Subbiah Manickam as Chief Financial Officer of the Company

4 Cigniti Technologies- Appoints Software Industry Leaders Vinay Rawat as CRO and Sairam Vedam as CMO.

5 HFCL- Signed a distribution agreement for its ''IO'' line of next generation products, with Ingram Micro India Private Limited

6 Vindhya Telelinks- Receipt of Letter of Award (LOA) for EPC Projects for 3787 Cr

7 Eaxxaro Tiles- Expansion of Manufacturing facility at Talod Plant of Company with 30 Cr capex.

8 KPI Gobal- Received the biggest single order for executing solar power project of 25 MWdc capacity

9 J Kumar Infra- Appointment of Mr. Praveen Bhandari, as Chief Financial Officer

10 Saregama Ltd- To consider proposal for sub-division of the Equity shares on Thursday, February 24, 2022.

11 Mayur Uniquoters- Buyback of fully paid up Equity Shares of the Company at a price of Rs 650 for an aggregate amount not exceeding Rs. 40.6 Cr Open / Comment

2022-02-08 06:26:33 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 7 Feb

1 Rattanindia Infra- Revolt Motors expands its dealership presence in Uttar Pradesh opens its 21st dealership.

2 Sonata Software- Company partners with Microsoft in its launch of ‘Microsoft Cloud for Retail’.

3 Thyrocare Technologies- Appointment of Mr. Rahul Guha as the Managing Director & Chief Executive Officer

4 Shiva Texyaran- Appointment of Sri S K Sundararaman as Managing Director

5 Minda Industries- Increasing stake in Minda Koise from from 70% to to 77.5%

6 KPR Mills- Approved Buyback of the fully paid-up equity shares of the Company at a price of Rs. 805/

7 Waree Renewable- Company has received a letter of award (LOA) from India-focused Renewable Energy Group

8 TVS Motors- Appointed Prof Sir Ralf Dieter Speth, Non-Executive Director as Chairman

9 Gujarat Alkalies- Appointed Shri Harshad Patel as Managing Director

10 TCPL Packaging- Appointment of Mr. Jitendra Jain as Chief Financial Officer Open / Comment