Indian Overseas Bank: The business plans to raise equity and debt worth up to Rs 5,000 crore and Rs 1,000 crore, accordingly.
Patel Engineering: The board decided to launch the QIP issuance at a floor price of Rs 59.5 per share, which represents a 10% reduction in comparison to the going rate. A discount of up to 5% on the floor price may be given by the business.
Wipro: With effect from today, Synchrony Global, the company’s step-down unit, has been voluntarily disbanded.
Hero MotoCorp: Arun Jaura, the CTO, left his job on April 30.
IndusInd Bank: In partnership with Circularity Innovation Hub India, the business started a trial program for digital currency that can be programmed at the central bank level.
Kabel R R: With effect from today, the Board accepted Dinesh Aggarwal’s dismissal as CEO. The company’s MD, Shreegopal Rameshwarlal Kabra, will assume the duties and responsibilities of the CEO.
KP Energy: Bhathwari Technologies placed an order with the company for a 9 MW wind power project.
Pantanjali Foods: For a total of Rs 20 lakh, the business established two fully owned subsidiaries, Rishikrishi Farming and Contemporary Agro.
HPL Electric and Power: The business introduced HPL Fans, a new product, across the Middle East, Africa, and SAARC nations.
Redtape: From its new warehouse in Bhiwandi, the company started conducting online business.
INOX WIND: A board meeting is scheduled for April 25 to discuss the issuance of bonus equity shares to company shareholders.
CHIEF TECHNOLOGY OFFICER (CTO) ARUN JAURA SAYS THE CO IS HERO MOTOCORP: RESIGNS W.E.F. APRIL 30
A board meeting on April 26 to discuss raising funds through private placement of non-convertible debt is scheduled for MUFIN Green Finance.
WIPRO: CO SAYS THE CO’S STEPDOWN UNIT HAS BEEN VOLUNTARILY DISSOLVED, SYNCHRONY GLOBAL SDN. BHD.
For More Visit: https://paisainvests.com/blog/
Disclaimer: The articles on PaisaInvests.com are solely for educational purposes. While we endeavor for accuracy, we make no guarantees regarding completeness or reliability. Readers are advised to conduct their own research and seek professional advice before making any financial decisions. We are not liable for any loss or damage incurred from the use of information provided. Additionally, we do not control the content of external websites linked within our articles.
