Stocks that will see action today (June 15)
Engineers India Limiteda PSU from Navratna under the Ministry of Petroleum and Natural Gas, has been engaged as Project Management Consultant by NLC, a PSE from Navratna under the Ministry of Coal, for its flagship project A 1,200 TPD Lignite to Methanol, the first of its kind in India.
Bharti Airtel Ltd entered into an agreement to acquire 62,58,000 (14.304 percent) shares of Avaada MHAmravati Private Limited, a special purpose entity created for the purpose of owning and operating the captive power plant, in accordance with the regulatory requirement in captive energy consumption under the Electricity Acts.
Asian Paints Ltd. made a pact with the promoters of Weatherseal Fenestration Private Limited – Harish Munireddy and Pratibha SB and Weatherseal Fenestration – to buy a 51% stake for ₹18.84 crore.
Sukhjit Starch and Chemicals Ltd has successfully commissioned a hydrogen production plant from biogas produced from biomass/process effluents at its new manufacturing unit in Phagwara (Punjab). The hydrogen produced will for the moment be consumed in a captive manner by the company, it specifies in a notice to the stock exchanges.
GR Bandikui Jaipur Expressway Private Ltd, a wholly owned subsidiary of GR Infraprojects Ltd, signed the concession contract with the National Highways Authority of India. The project is for the construction of a four-lane Greenfield highway spur between Delhi-Vadodara Greenfield highway near Bandikui and Jaipur to Bharatmala Pariyojana Phase-1 in Rajasthan in hybrid annuity mode.
The board of directors of GNP housing finance approved the issuance of non-convertible debentures totaling up to ₹2,000 crore on a private placement basis.
The advice of Financial Spandana Sphoorty approved the issuance of non-convertible debentures up to ₹40 crore on a private placement basis. These NCDs will be issued at a face value of up to ₹10 lakh per debenture.
cipla and non-profit research and development organization DNDi launched a child-friendly 4-in-1 antiretroviral treatment for young children living with HIV in South Africa. This combination treatment was developed by Cipla and the Drugs for Neglected Diseases (DNDi) initiative.
June 15, 2022