Saket Lohia

2022-02-07 06:21:54 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Saturday-Sunday, 5-6 Feb
1 Gujarat Sidhee Cement- Approved a Scheme of Amalgamation of the Company with Saurashtra Cement Limited

2 High Energy Batteries- Board deferred the proposal to Sub - divide existing Equity share of Rs.10/- each.

3 Ujjivan Small Finance Bank- Appointment of CFO and CS of the Bank

4 Ujjivan Small Finance Bank- Approved the issuance of equity shares upto Rs. 600 Cr including premium through Qualified Institutional Placement

5 Narayan Hrudayalaya- Decided not to renew the agreement with Imperial Hospital and thereby wind up its operations in Chittagong, Bangladesh wef 4th Feb 22.

6 Ashoka Buildcon- ABL Consortium has received Letter of Acceptance cum Work Order for a Project worth Rs.1,046 Cr.

7 Gulf Lubricant- To consider and approve proposal to Buyback the fully paid-up equity shares on February 09, 2022. Open / Comment

2022-02-05 08:02:53 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 4 Feb

1 Rattanindia Infra- Appointment of Mr. Chandramouli Venkataraman as CEO

2 Gati Ltd- Appointed Mr. Anish T Mathew as a Chief Financial Officer

3 Ultracab India- Recommended Bonus issue in ratio of 1:2 and share split in ratio of 1:5

4 Fdc Ltd- To consider proposal for buyback of fully paid up equity shares of the Company on February 09, 2022.

5 Integra Engineering- Appointment of Mr. Bhavin Kariya as a Chief Executive officer

6 Mangal Credit- Resignation of Mr. Naval Maniyar from the post of Director and Chief Financial Officer

7 Ugar Sugar- Received Environmental Clearance for expansion for 645 KLPD on sugarcane juice / syrup to Ethanol.

8 Virinchi- Recommended issue of Bonus Share in the ratio of 1:1 Open / Comment

2022-02-04 06:07:37 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 3 Feb

1 Shree Ganesh Biotech- To consider and approve the declaration of issue of bonus shares on 07/03/2022.

2 Apollo Tyres Apollo Tyres partners with Tata Power to deploy EV charging stations at its Commercial & Passenger Vehicle Zones across India.

3 Radico Khaitan- Expansion in Rampur and Greenfield Project in Sitapur, UP

4 Emami Ltd- Approved the buyback of the equity shares at a price not exceeding Rs. 550 for an aggregate amount not exceeding Rs. 162.0 Cr

5 Ipca Lab- One plant out of the two plants being set-up for manufacturing of Drug Intermediates has commenced production.

6 Black Rose- Mr. Ambarish Daga has been appointed as Joint Chief Financial Officer.

7 Godrej Properties- Subscribe to 10% of the issued and paid up capital of D B Realty Limited for an aggregate amount of approximately Rs 400 Cr.

8 Nahar Polyfilms- Company's expansion plan of setting up new BOPP project with capacity of 30000 TPA has been implemented in full.

9 Moral Overseas- Proposal for setting up a spinning unit of 18864 spindles for producing yarn at its existing Sarovar Plant (M.P.) with estimated outlay of Rs.122. 94 Cr.

10 East Industries- Appointment of Mr. Manish Gupta as Chief Financial Officer

11 Sahyadri Industries- Set up of new unit for manufacturing of Non Asbestos Cement Board having a capacity of 72,000 MTPA Open / Comment

2022-02-03 06:17:54 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 2 Feb

1 Cadila Healthcare- Started the supplies of its COVID-19 vaccine ZyCoV-D, to the Government

2 Ducon Infratechnologies- Ducon Received Order Valued At Inr 125-150 Cr From Nalco

3 Max Ventures- Divestment of balance 51% stake in its packaging business for ~Rs. 628 Cr

4 MBL Infra- Arbitration Award for a sum exceeding Rs 60 Cr.

5 Gokul Agro- Resignation of Mr. Manish Kella from the post of CFO

6 Jubilant Foodwork- Sub-division/split of existing equity share from FV 10 to FV 2.

7 Easy Trip- India Innovation Hub and Dubai Silicon Oasis Partner with EaseMyTrip and HSBC to Support Tech-Startups

8 Gokul Agro- Expansion by setting up of a refinery unit with proposed capacity of 1400 TPD

9 Bharat Dynamics- BDL Signs Contract for Supply of Konkurs-M Anti-Tank Missiles to Indian Army

10 Computer Age- Launch of Insta Purchase to enhance the service experience of investors in liquid and overnight scheme categories.

11 CEAT- CCI has imposed penalty of 252.16 Cr on CEAT Open / Comment

2022-02-02 06:16:08 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 1 Feb

1 ITD Cementation- Company has won new orders worth ~Rs 900 Cr.

2 HG Infra- Company has received the Letter of Award from NHAI for 844 Cr

3 Bajaj Consumers- Company has launched a new Products 'Natyv Soul - Pure Argan Oil from Morocco and Natyv Soul- Oil from Californian Almonds'.

4 Shree Ajit Pulp- Company has achieved highest ever production 9566 MT in Jan 22

5 Panacea Biotech- Sale, transfer or disposal of its domestic business assets constituting its pharmaceutical formulations brands in India and Nepal.

6 Start Cement- Mr Sanjay Gupta CEO resigned, Mr Sajjan Bhajanka CMD will act as a CEO.

7 Ceinsys Tech- Mr. Chanchal Bhaiyya has tendered his resignation from the post of CFO

8 Anupam Rasayan- Approved the acquisition of 24.96% of the total equity shareholding of and joint control of Tanfac Industries.

9 Shree Cement- Company has commenced commercial production at its Clinker Grinding Unit having capacity of 3.0 MTPA

10 ASM Technologies- Company and Hind High Vacuum form a Joint Venture for Semiconductor Equipment Manufacturing.

11 Magadh Sugar- Company has commenced commercial production of Ethanol at its Greenfield Distillery at Sidhwalia. Open / Comment

2022-02-01 06:11:28 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 31 Jan

1 Tajgvk Hotels- Renewal of the Hotel Operating Agreement for Vivanta Begumpet hotel for further period of 10 years

2 Infibeam Avenues- Approved Issue of 1 Bonus Share for every 1 Equity Share held (in the ratio of 1:1).

3 Alkem Lab- Enters into an exclusive license agreement with Johns Hopkins University

4 Navneet Education- Appointed Mr Kalpesh Dedhia, as new CFO of the Company at place of Mr Deepak L Kaku.

5 Apar Industries- Board appointed Mr Ramesh Seshan Iyer as a CFO of the Company

6 Subex- Appointment Of Mr Sumit Agarwal As Chief Financial Officer Of The Company

7 Tata Steel Long- Identified as the winner of the bidding process to acquire a 93.71% equity stake in the 1 million ton per annum Neelachal Ispat Nigam Limited.

8 Gateway Distriparks- Company ceases to be the Operations and Management Contractor of Punjab Conware CFS

9 Easy Trip- Appointment of Mrs. Nutan Gupta as Chief Executive Officer

10 Arc Finance- To consider the proposal for sub- division of shares of face value of Rs. 10/- each to Rs. 1/- each on 11th February, 2022. Open / Comment

2022-01-29 07:13:09 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 28 Jan

1 Rajratan Global- Approved sub-division / stock split of existing 1 Equity Share of Rs. 10/- each fully paid up into 5 Equity shares of Rs. 2 each

2 Kriti Industries- Appointment of Mrs. Vinita Puntambekar as CFO and KMP of the Company

3 Chambal Fertilizers- Approved setting up a plant for manufacture of Technical Ammonium Nitrate with a capacity of approximately 2,20,000 MT

4 Mishtann Foods- Setting up India's biggest Grain Based Ethanol project of 1000 KLPD in Gujarat.

5 NIIT Ltd- Approved the Composite Scheme of Arrangement between NIIT Limited and NIIT Learning Systems

6 Navin Fluorine- Company entering into $410 Million multi-year contract with a global company.

7 EKI Energy- Won a tender from Indore Smart City Development Limited

8 Birla Tyre- Demerger of the PCR Business and allied activities of Birla Tyres Limited into Birla Tyre Radials.

9 Gokladas Export- Company has commenced commercial production at a new manufacturing unit

10 Oriental Veneer- Secured an order worth INR 2018.20 Million from Indian Railway for manufacturing and supplying 'Wagons'. Open / Comment

2022-01-28 06:10:05 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 27 Jan

1 Wipro- Wipro appoints Badrinath Srinivasan as Managing Director for Southeast Asia.

2 BEL- BEL and Hyperion Global Group have entered into a contract to develop, manufacture and supply IoT devices for the US market.

3 M&M- Mahindra enters the e-cart segment with the launch of Electric 3-wheeler e Alfa Cargo

4 L&T- Company is partnering with IIT Madras for collaborative research in the field of 5G.

5 Rama Phosphate- Commencement Of Commercial Production Of Single Super Phosphate (SSP) At Nimbahera Plant

6 Praxis Home- Appointment of Mr. Samlr Kedia as a Chief Financial Officer

7 Kirloskar Oil- Mr. Sanjeev Nimkar has resigned from the position of the Managing Director

8 KPR Mills- To consider proposal for Buy-back of the fully paid up Equity Shares on February 07, 2022.

9 Vishal Fabric- Recommendation of issue of Bonus Equity Shares in the proportion of 2 share for every 1 Equity Share

10 TVS Motor- Acquisition of 75 % of total shareholding in Swiss E-Mobility Group (Holding) AG e-bike player in Switzerland

11 IIFL Finance- Appointment Mr. Arun Kumar Purwar as Chairman of the Board. Open / Comment

2022-01-27 06:02:07 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 26 Jan

1 Rites Ltd- Signs MoU for promoting Multimodal Transport System.

2 Mangal Credit- Mr. Naval Maniyar has tendered his resignation as Director and Chief Financial Officer

3 SRF- Decided to appoint Mr. Vellayan Subbiah, Non-executive Independent Director as Chairman.

4 JB Chemicals- Acquisition of a portfolio of brands, for use and commercialization within India, from Sanzyme Private Limited

5 Future Enterprise- Decided to sell 25% stake in General Insurance business to its JV partner. Open / Comment

2022-01-26 08:11:10 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 25 Jan

1 IndiaMART- Announced its participation in the Series B Investment Round of Simply Vyapar Apps Private Limited of Rs 217.6 Cr

2 SKM Egg export- Company commenced its First Export of Fresh eggs to Dubai during Jan 2022

3 Sterlite Tech- Announced INR ~170 Cr deal through a partnership with India's largest power distribution company, Powergrid Corporation.

4 AksharChem- Resignation of Mr. Amit D. Soni, as Chief Financial Officer

5 LGB Forge- Mr. Vinothkumar Rajendran has stepped down from the position of the Chief Financial Officer

6 SRF- Approved project to create Pharma Intermediate Plant and Aluminium Foil Manufacturing.

7 Shri Dinesh Mills-* Execution of Term Sheet for sale of part of the surplus Industrial Land

8 Cipla- Slump sale of India based US business undertaking to Cipla BioTec Limited and Consumer business undertaking to Cipla Health Limited on a slump sale basis.

9 Brightcom Group- Approved issue of (2:3) two Bonus Shares for every three equity shares.

10 Allcagro Logistics- Approved appointment of Mr V S Parthasarathy as the Vice Chairman of the Company.

11 ICRA- Appointment of Mr. Amit Kumar Gupta as a Chief Financial Officer. Open / Comment