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STOCKS IN ACTION 28 NOVEMBER L&T FINANCE HOLDINGS: Completes | stock market

STOCKS IN ACTION 28 NOVEMBER

L&T FINANCE HOLDINGS:
Completes the divestment of its Mutual Fund business  Receives Rs  3484 Crores As Consideration for
the sale and realised surplus cash balance of Rs 764 Crores in LTIML Proceeds to help accelerate drive towards retailisation

INDIAN ENERGY EXCHANGE: Approves Buyback Upto Rs 200/Shares Aggregating Rs 98 Crs Via OPEN-MARKET Route Max Can Buyback 49 Lakh Share Board Approves formation of a wholly-owned subsidiary company in India to explore the business opportunities in Carbon Market

LEMON TREE HOTELS: Signs License Agreement For A 42-Room Hotel In Jamshedpur Under Brand “Lemon Tree Hotel”  The Hotel Is Expected To Be Operational By End Of September, 2023

HERO MOTOCORP: To Revise/ Increase Prices Of Its Motorcycles and Scooters  Effective 01-December  Price Rise of Upto Rs 1500 Exact Quantum To Vary By Specific Models & Markets

SHRIRAM PROPERTIES: Wholly Owned Subsidiary Shriprop Builders Acquires 100% Equity Of Suvilas Realities  Suvilas Realities Is Developing 660 residential units in 6.29 Acres of Land in Bengaluru

PAYTM: RBI Has Asked Paytm Payment Services (PPSL) to not onboard any new online merchants for its payment services. Follows company not getting an authorisation from RBI to provide payment aggregator services  PPSL is a 100% subsidiary of One97

AMI ORGANICS: Signed a definitive multi-year, multi-million Eurp agreement with Finland's Fermion. Supply of an intermediate for their patented product. Spread across a 10-year horizon Expected to start contributing meaningfully to the Revenue from FY24

TIL: Board decides to increase the authorized share capital to infuse funds in the company. Brings in a strategic investor. Capital to be infused by Indocrest Defence Solutions, part of Gainwell Group

VENUS PIPES: LARGE TRADE Non-Promoter HEMANT RAJNIKANT SHAH Sold 6.5 Lakh Shares @ Rs 650/ Share. BNP PARIBAS ARBITRAGE Bought the entire chunk of 6.5 Lakh Shares

Hindustan Zinc: meet group of investors for non-deal road shows for disinvestment of residual GOI shareholding in HZL

IndiGo: plans to wet lease Boeing777 aircraft for the current winter schedule. The airline says that the CivilAviationMinistry has allowed it to WetLease aircraft for 6 months. IndiGo says that it is currently working on finalising the contract for the wet lease

Inox Wind: Vineet Valentine Davis resigns as Executive Director

Bajaj Finance: purchase up to 40% in Snapwork Technologies for Rs 93 cr

Karnataka Bank: Hyundai Construction Equipment India collaborate for financing machineries/equipment

Astrazeneca Pharma India: Co Has Received An Import And Market Permission In Form Ct-20 (Subsequent New Drug Approval) From The Cdsco  Receives Permission For Dapagliflozin (Forxiga) Tablets

Indus Towers: Raise Rupees 1500 Crores Through Non-Convertible Debentures (‘Ncd’s)

VA Tech Wabag: VA Tech Wabag And ADB Enter Into A Strategic Funding Tie Up; Adb To Invest 2b Rupees In Non-Convertible Debentures

J K Cement: Unit Commenced Cement Grinding Capacity Of 2 Mntpa At Manufacturing Facilities In Uttar Pradesh

Aarti Surfactants: Approved Rights Issue Of Partly Paid Up Share Upto 496m Rupees

Life Insurance Corporation: The company decreased its shareholding from 6.29% to 4.21% in DCM Ltd.

Emami Paper Mills: The company will consider appointment of an Interim Chief Financial Officer on Nov. 28.