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.
Jubilant FoodWorks: Prateek Rashmikant Pota, the company’s CEO and whole time director, has resigned. He has resigned as CEO and Whole Time Director of the company in search of opportunities outside Jubilant FoodWorks.
CESC: Completed the sale and transfer of shareholding. The firm said that the transaction for sale and transfer of 100 per cent shareholding in Surya Vidyut to Torrent Power has been completed. The company and its 6 subsidiaries have entered into a share purchase agreement with Torrent Power.
Lupine: Got approval from the USFDA. The pharma company has received approval from the USFDA for the use of a new drug for oral solution USP, Vigabatrin.
Dhanvarsha Finvest: The board has approved raising funds. The board has approved raising Rs 88.65 crore by issuing equity shares and warrants on preferential basis to non-promoters.
Inox Wind: Promoter has pledged equity shares. Promoter Inox Wind Energy pledged 12.2 lakh equity shares of the company on March 9.
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Gail (India): The board has approved the second interim dividend. The Board has approved the payment of second interim dividend of Rs 5 per equity share for the financial year FY22. The record date for eligibility of shareholders for payment of dividend has been set as March 22.
Hindalco Industries: ICICI Prudential MF sold shares. ICICI Prudential MF through its various schemes sold 11.81 lakh equity shares in the company through open market transactions on March 9. With this, its stake in the aluminum company has come down from 3.07 per cent to 3.01 per cent.
Kesar Petroproducts: The company has appointed a new CFO. The board has appointed Jignesh Dinesh Desai as the Chief Financial Officer (CFO) of the company.
KSE: Godrej Agrovet acquires additional stake. Godrej Agrovet bought 1,612 equity shares in the company through open market transactions. With this its shareholding has increased to 7.01 percent from 6.96 percent.
Shree Ganesh Remedies: The company became the highest bidder. The company has been declared the highest bidder for the e-auction of Jaiswal Pharmachem’s assets with a bid of Rs 26 crore.
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