Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
On March 22, the board will consider paying interim dividend on equity shares for the financial year 2022. The record date for payment of interim dividend has been set as March 30.
The company has incorporated a wholly owned subsidiary – Gufic UK – into the business to expand its pharmaceutical business in the United Kingdom.
The board will consider raising funds by issuing NCDs on private placement basis on March 22.
The specialty and fine chemicals maker has received board approval for a capital expenditure of Rs 350 crore in Phase 1 for its greenfield project at Pakhajan (Dahej) in Gujarat. The company intends to manufacture lubricant additives and rubber chemicals in this new facility in Phase 1 with a total capacity of 15,500 metric tonnes per annum.
Indiabulls Housing Finance
The board will consider raising funds through bonds in one or more tranches on a private placement basis on March 22.
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The company has bagged two prestigious contracts from Public Health Engineering Department, Churu (Rajasthan) Region.
The board will consider the proposal to issue equity shares on a rights basis to the existing shareholders on March 29.
The board has approved an interim dividend of Rs 3 per share.
Glaxosmithkline Pharmaceuticals
The company has completed a transaction with GlaxoSmithKline Asia Private Limited for the sale of its trademarks belonging to the brands ‘lodex’ and ‘Ostocalcium’ in India.
The firm said that its subsidiary Numaligarh Refinery will invest Rs 6,555 crore for the implementation of the petrochemical project at Numaligarh in Assam. Board Petroleum and Natural Gas Regulatory Board [Petroleum and Natural Gas Regulatory Board [PNGRB] It also approved the formation of a Joint Venture Company between Assam Gas Company (AGCL) and Oil India (OIL) for the three geographies proposed by the
This company will form a joint venture with Shanghai Highly (Group) Company’s wholly owned Highly International (Hong Kong).
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