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Tata Power Company Share: The company's share fell 0.16 percent to close at Rs 439. The company said that it had signed an agreement with Adaro International (Singapore) to supply coal to the Trombay power plant. The company claimed $22.9 Cr and Adaro International (Singapore) claimed $10.6 Cr. Agreed to resolve the dispute with Adaro International (Singapore) through arbitration.

 


Geojit Financial Services Share: Company's stock closed at Rs 152, down 6 percent. Rights issue approved. Under this, new shares are issued to existing shareholders in a fixed ratio. The company often resorts to rights issue to raise funds. Rights shares are sold to the shareholder according to the number of shares he holds. The rights issue is 1:6. 2 rights shares will be sold to the investor for 6 shares. To make the rights issue attractive, their price is kept lower than the current market price. The company's capital increases by issuing a rights issue.

 

 

Infosys Share: The company's stock rose 0.25 percent to close at Rs 1897. The company told the exchange that it will invest Rs 17 crore in SpaceTech startup GalaxEye Space Solutions.

 

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Suven Life Sciences Share: The company's stock closed down 3 per cent at Rs 150. The company appointed Vivek Sharma as Executive Chairman. Vivek brings tremendous CDMO and leadership expertise to Suven, which he gained in his roles as CEO of Piramal Pharma Solutions (2014-19).

 

 

RBI has removed the restrictions imposed on IIFL Finance's gold loan business with immediate effect. RBI gave this information on 19 September (today). The company says that gold loan will start again as per the laws and regulations. The company's stock fell 6 per cent to close at Rs 497 on Thursday. Let us tell you that the Reserve Bank of India (RBI) had taken strict action in March 2024 and banned the gold loan business of IIFL Finance. RBI has taken this action due to material supervisory concerns. However, the company will continue to service its existing gold loan portfolio. Then RBI had said that if satisfactory results come after the special audit, then IIFL Finance can be given relief.

 

Ge T&D India Share: The company's stock fell 5 percent to close at Rs 1606. The OFS has received a good response. Now the company can increase its size. 4 million shares of the company will be reserved for allocation to retail investors.

 

 

Balkrishna Industries Share: The company's share rose 1.5 percent and closed at Rs 3081. The company said that the work of expansion of 30000 MTPA has been completed. The company started an advanced material plant.

 

Kirloskar Brothers Share: The company's stock rose half a percent to close at Rs 1625. Kanni said that the company signed an agreement with Kolhapur Steel to acquire 26% share capital of Sunsure Solarpark Nineteen.

 

 

Jyothy Labs Share: The company's stock rose half a percent and closed at Rs 544. The company told the exchange that it has bought the brand QUICLO of SMARTWASH SOLUTIONS. With this, the company has entered the laundry business.

 

Phoenix Mills subsidiary Casper Realty Pvt Ltd wins bid for 2 plots in Mohali, Punjab for Rs 891 crore

 

 

ABBOTT INDIA- Signed patent license agreement with Takeda for sale of Vonoprazan

 

EMS company received an order of Rs 681 crore. The company said that it will raise Rs 400 crore through QIP. The company's stock rose 10 percent and closed at Rs 832.

 

 

HUDCO-Housing And Urban Development Corp Ltd Share: The company's stock fell 4 percent to close at Rs 229. Loan growth expected. The company will benefit from PMAY 2.0.

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Shriram Finance Share: The company's stock closed down 1.25 percent at Rs 3530. The company's board meeting approved and allotted subordinated, unsecured, rated, listed, redeemable, taxable NCDs. The issue size is Rs 150 crore.

 

 

Rane Holdings acquires remaining 51% stake in JV company Rane NSK Steering Systems Japan

 

VST Industries: Radhakishan Damani sold 1 lakh shares in VST Industries at an average price of Rs 439.05 per share. Damani had earlier sold 1 lakh shares in the company on September 17.

 

 

Reliance Infra: The board approved raising funds up to Rs 3,000 crore through QIP. The board approved the issuance of 12.56 crore shares or warrants at Rs 240 per share, which will raise a total amount of Rs 3,014.4 crore.

 

IDFC First Bank: The Reserve Bank of India (RBI) has approved IDFC First Bank to re-appoint V. Vaidyanathan as MD, CEO. On Thursday, the company's stock closed at Rs 74 with a gain of 1.66 percent.

 

 

Indian Overseas Bank: Government bank Indian Overseas Bank (IOB) has received an income tax refund of Rs 123.87 crore. The bank said that it has received an order from the Income Tax Department under section 250 of the Income Tax Act 1961, informing about the refund of Rs 123.87 crore. This refund including interest is related to the assessment year 2021-22.

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