Here are the stocks that are in news today:
Wockhardt: Company received zero 483 observation from USFDA for its Bioequivalence Centre in Aurangabad, Maharashtra after inspection during June 10-12.
Reliance Home Finance: PWC’s observations are completely baseless and unjustified. PWC has acted prematurely without even statutory discussions with the Audit Committee.
Ceat has entered into share subscription and shareholders’ agreement with E-Fleet Systems for making investment of not exceeding Rs 4 crore in E-Fleet
Nagarjuna Fertilizers and Chemicals: Syed Shahabuddin, Nominee Director (State Bank of India) resigned from the position.
Hindalco Industries: Company fixed June 14 as the record date for the purpose of interest payment on secured redeemable non-convertible debentures.
Veto Switchgears and Cables: Company realised an amount of $1 million against an unsecured loan to its wholly owned overseas subsidiary Veto Overseas Private F.Z.E.
PI Industries: CRISIL reaffirmed its long-term rating at AA/Positive and further reaffirmed the short-term rating at A1+ in respect of the various banking facilities availed by the company.
TGB Banquets and Hotels: Board meeting is scheduled on June 21 to consider proposal to restructure the existing business model of the company and for that purpose to negotiate with various parties for operating / managing various properties owned by others and also to sell, lease, liquidate, transfer any immovable property of the company.
Trent: Board meeting is scheduled on June 18 to consider proposal for raising of funds through issue of equity shares or other securities.
Wipro: Company opened new state-of-the-art digital and technology center in Minneapolis.
Nagarjuna Fertilisers – Syed Shahabuddin, Nominee Director (State Bank of India) resigned as director
Federal Bank‘s board meeting on June 20 to consider issue of bonds worth Rs 500 crore on private placement basis
Cox & Kings Financial Service: Matangi Gowrishankar, Independent Director, has tendered her resignation from the company.
Intellect Design Arena: Subsidiary SFL Properties Private Limited has been divested to a third party for a sale consideration of Rs 20.50 crore at arms length basis.
Canara Bank floats RFP to select BRLMs/merchant bankers to raise equity through QIPSubscribe to Moneycontrol Pro and gain access to curated markets data, exclusive trading recommendations, independent equity analysis, actionable investment ideas, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more.