Property Abroad
Blog
Stocks that will be active today: September 27, 2023.

Stocks that will be active today: September 27, 2023.

Stocks that will be active today: September 27, 2023.
Stocks that will be active today: September 27, 2023.

Suzlon Energy has informed the stock exchanges that Dilip Shanghvi and his partners have decided to terminate their agreement with Suzlon in accordance with the terms of the contract. The Company's investment group, Dilip Shanghvi and Associates, entered into an Amended and Restated Shareholders Agreement on February 28, 2020 with the Company and its founders. The termination of the agreement will not affect the company's operations. In a related development, Hiten Timbadia, a representative of the investment group, resigned as a director of the company effective September 26. However, they will remain shareholders of the company.

Kirloskar Oil Engines (KOEL) has announced the launch of its range of CPCB IV+ compliant generators. Focused on delivering high performance, cost-efficiency and environmental responsibility, the new generators meet the latest emission norms set by the Central Pollution Control Board (CPCB).

DCM Shriram's Fenesta has announced a significant expansion of its uPVC extrusion facility in Kota, Rajasthan. As part of this expansion, Fenesta has successfully installed 2 extrusion lines and 1 blending line to increase the production capacity of uPVC extrusion.

The Ministry of Chemicals and Fertilizers has granted its approval to acquire up to 76.1% of the shares in Suven Pharmaceuticals Limited Berhyanda Limited, Cyprus, by transferring 50.1% of the company's shares from the founders of Jasti Property and Equity Holdings Private Limited and acquiring 26% of the shares from public shareholders through a mandatory open offer.

Blue Star acquired 4.9 million shares of its subsidiary Blue Star Climatech for Rs 49 million through a right issue of shares. The investment will help the subsidiary repay certain debts and fund its expansion plans.

Life Insurance Corporation of India's (LIC) stake in Container Corporation of India has increased from 4.994% to 5.023% of the company's paid-up capital.

Prataap Snacks informed the stock exchanges that the State GST Tax Authority has conducted a search and seizure at a manufacturing site in Bangalore under the Central Goods and Services Tax Act, 2017 (CGST Act). The company provided full support to the employees and provided the clarifications and details requested by them. Plant operations were not affected and continued as usual.

New Delhi Television Limited has been informed by the Ministry of Information and Broadcasting (MIB) of its intention to grant permission to transmit and receive high definition news and current affairs channels, namely NDTV 24x7 HD, NDTV India HD and NDTV Profit HD.

3i Infotech Limited has been awarded a contract by Ujjivan Small Finance Bank Limited for providing end user (workstation) support services.

Recommended real estate
Buy in Cyprus for 212458£

Sale flat in Paphos 267 697,00 $

2 Bedrooms

2 Bathrooms

106.93 м²

Buy in Cyprus for 134550€

Sale flat in Iskele 141 277,00 $

2 Bedrooms

65 м²

Buy in Cyprus for 155000€

Sale townhouse in Peyia 162 750,00 $

2 Bedrooms

1 Bathroom

100 м²

Buy in Cyprus for 360000£

Sale villa in Esentepe 453 600,00 $

4 Bedrooms

168 м²

Buy in Cyprus for 151438£

Sale flat in Larnaca 190 811,00 $

3 Bedrooms

1 Bathroom

90 м²

Buy in Cyprus for 299995£

Sale villa in Karshiyaka 377 993,00 $

3 Bedrooms

106 м²

The total contract value is around Rs 39.55 crore plus one-time transition costs of Rs 35 lakhs spread over 5 years. The contract is for a period of 5 years from October 1, 2023 to September 30, 2028, with an option to extend by mutual agreement.

Shyam Metalics and Energy has informed the stock exchanges to enter the energy saving sector to produce high quality aluminum foil for lithium-ion battery production. High quality aluminum foil is a key component of lithium-ion batteries.

IndusInd Bank announced its multi-year partnership with the International Cricket Council (ICC) as a global partner for the highly anticipated ICC Cricket World Cup 2023 and future ICC Men's events.

Birla Estates Pvt Ltd, a wholly owned subsidiary of Century Textiles and Industries Limited and the real estate arm of Aditya Birla Group, has successfully sold phase 1 of the Birla Trimaya project within 36 hours of its launch. With bookings of 556 units, amounting to approximately Rs 500 crore, the company has consolidated its position in the luxury residential real estate market in Bangalore. Birla Trimaya, a 52-acre land parcel, is located in North Bangalore and is a joint partnership with M. S. Ramaiah Realty LLP.

The board of directors of Vinny Overseas Ltd has approved and recommended an increase in the authorized share capital from Rs 25 crore to Rs 50 crore, subject to approval of the members in a general meeting. The Board also approved raising funds through the right to issue shares up to 23.26 lakh equity shares of face value of Rs 1 lakh each in the ratio of 1:1 i.e. at an issue price of Rs 2 per share, for a total amount of Rs 46.52 crore.

Comment