Vodafone Idea share price: Stocks in the news: Voda Idea, Ambuja Cements, Blue Dart, Hind Copper and Elgi Equipments
: Mobile tower giant
is learnt to have asked debt-ridden Vodafone Idea to clear outstanding dues and pay every month on time for continuity of business post-November. The development comes after independent directors expressed concerns over the mounting dues of Vodafone Idea (VIL).
Ambuja Cements: The cement major controlled by billionaire Gautam Adani-led Adani Group, said it has created NDU over 50 per cent shareholding in its subsidiary ACC Ltd as collateral for loans taken by the company. The company has created a non-disposable undertaking (NDU) over 9.39 crore shares of ACC Ltd on September 26, 2022.
: The logistics solutions provider has announced average shipment price increase of 9.6 per cent for 2023 as compared to 2022. The general price increase will be effective from January 1, 2023.
: The state-owned metal miner approved a 23.2 per cent dividend for the financial year ended in March 2022. The company would make a total dividend payout of Rs 112.17 crore as approved in the 55th annual general meeting (AGM).
Elgi Equipments: The air compressor manufacturer’s subsidiary ELGi Compressors Europe said Italy-based Polselli has selected its water-injected AB Series screw air compressors of 45 kW to support its entire
production and bagging requirements. Polselli is a leading player in the quality milling sector and is in the production of flour.
: The chemicals company has opened its qualified institutional placement issue on September 28 after the approval of preliminary placement document. The floor price has been fixed at Rs 762.88 per share. It may offer a discount of up to 5 per cent on the floor price.
ITI: The telecom equipment firm has received Rs 80 crore against allotment of shares to the Government of India. The Board of Directors has approved allotment of 77,33,204 equity shares at Rs 103.45 per share to the President of India.
: The diagnostics chain said it will be adding 600 centres to its existing network of over 2,000 locations. The listed company said the expansion, for which it did not specify a capital expansion, will also foray into retail healthcare services.
: The state-owned lender is in the process of opening a special Vostro account with Russia’s Gazprombank for settlement of trade in Rupee against the backdrop of sanctions imposed by western countries on Russia following its invasion of Ukraine.
Edelweiss Financial Services: The financial services firm mulls raising up to Rs 400 crore through a public issue of bonds which opens next week. The base issue size is Rs 200 crore with an option to retain oversubscription up to Rs 200 crore. The company will issue secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each.
: The pharmaceuticals firm has received certification of suitability for Diphenhydramine hydrochloride, API in anti-histamine therapy, from European Directorate for the Quality of Medicines and HealthCare (EDQM).
: The IT services provider announced collaboration with Bentley Systems to provide 3D mapping capabilities for major cities across India. Bentley Systems is an infrastructure engineering software company.
SH Kelkar and Company: The personal care products firm’s subsidiary Keva Europe BV has acquired 19 per cent equity stake in Netherlands-based Provier Beheer BV, the holding company of Holland Aromatics BV. With this, Keva Europe BV now holds 81 per cent and the balance will be acquired in a span of two years.
: The consulting services provider said the board has approved the preferential allotment of 12,81,993 equity shares at an issue price of Rs 1,036.25 per share. With this, it has raised Rs 132.84 crore via preferential issue.
: The shipping company said the board of directors approved the appointment of Vipin Jain as Chief Financial Officer of the company. The appointment will be effective from October 1, 2022. Ranjit Singh has decided to step down from the post of Chief Executive Officer due to personal occupancy.
