Mazagon Dock Shipbuilders: The state-owned shipbuilding firm has signed a contract price Rs 1,600 crore with the Acquisition Wing of the Ministry of Defence for the development and supply of six next-generation offshore patrol vessels (NGOPVs) for the Indian Coast Guard (ICG).

BSE: The SEBI has granted its approval for the appointment of Pramod Agrawal as Chairman of the Governing Board of the inventory alternate, with impact from January 17, 2024. S. S. Mundra, Chairman and Public Curiosity Director, will probably be ending his time period on January 16, 2024.

Inox India (INOXCVA): The cryogenic tank manufacturing firm is ready to listing its fairness shares on the BSE and NSE. The ultimate subject worth has been fastened at Rs. 660 per share. Analysts anticipate the itemizing premium to be within the vary of 75–80 % over the difficulty worth.

UltraTech Cement: The nation’s largest cement firm, has entered right into a Share Subscription and Shareholders Settlement to accumulate 26 % of the fairness shares of Clear Max Terra for Rs 20.25 crore. Clear Max Terra is engaged within the era and transmission of renewable vitality. The acquisition is to fulfill the corporate’s inexperienced vitality wants, optimising vitality prices, and adjust to regulatory necessities for captive energy consumption underneath electrical energy legal guidelines.

ICICI Financial institution: The Reserve Financial institution of India has permitted the re-appointment of Sandeep Batra as Government Director of the financial institution with impact from December 23, 2023, to December 22, 2025. This renewed time period of two years is inside the five-year time period as beforehand permitted by the shareholders.

Cochin Shipyard: The general public sector enterprise firm has signed a contract price Rs 488.25 crore with the Ministry of Defence (MoD). The work bundle contains the restore and upkeep of the tools and programs onboard the naval vessel. The work on the identical has already commenced throughout Q2 FY24 based mostly on the Approval of Necessity (AoN) from MoD and is predicted to be accomplished by Q1 FY25.

Karur Vysya Financial institution: Rajesh E. T., the present Chief of Inside Vigilance, has been transferred to the Inspection and Audit Division to handle and develop the division’s software program purposes, efficient January 3, 2024. Therefore, Ajin Raj will take cost as Chief of Inside Vigilance of the financial institution, efficient January 3, 2024. Additional, the financial institution has determined to give up its Certificates of Registration as a service provider banker.

Embassy Workplace Parks REIT: International funding agency Blackstone bought its complete 23.5 % stake in Embassy REIT for round Rs 7,100 crore to varied international and home traders for Rs 316 apiece. Round 19 crore models of the REIT have been bought at a median worth of Rs 316 apiece to a number of traders, together with SBI Mutual Fund, ICICI Prudential MF, HDFC MF, Constancy Funds South East Asia Fund, Capital Group, and APAC Firm XXIII.

AstraZeneca Pharma India: The pharma firm will launch Enhertu in January 2024 in India. It obtained import and market permission in Kind CT-20 from the Medication Controller Basic of India for Tanstuzumab deruxtecan 100 mg/5 mL vial lyophilized powder for focus for answer for infusion (Enhertu) in Might this 12 months. Enhertu is indicated for the therapy of grownup sufferers with unresectable or metastatic HER2-positive breast most cancers who’ve obtained a previous anti-HER2-based routine.

Aptitude Writing Industries: The writing instrument manufacturing firm reported a 3.2 % sequential progress in internet revenue at Rs 33.2 crore for the quarter ended September FY24 and 4.2 % quarter-on-quarter progress in income at Rs 257 crore. EBITDA for the quarter was Rs 53.8 crore, up 2.9 % QoQ, however margin fell 30 foundation factors to twenty.9 % in Q2 FY24.

India Shelter Finance Company: Nippon India Mutual Fund has purchased 10,10,000 fairness shares within the reasonably priced housing finance firm through open market transactions for Rs 572.81 per share, and Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio bought 5,91,027 fairness shares for Rs 593.08 per share. BofA Securities Europe SA has internet purchased 5,11,016 shares within the firm for Rs 595.82 per share.

Landmark Automobiles: Bajaj Finance bought 3.2 lakh shares within the luxurious automobile retailer at Rs 805.58 per share, which amounted to Rs 25.77 crore.

Allcargo Logistics: The LCL (less-than-container load) quantity for November 2023 was marginally down 0.35 % as in comparison with November 2022 and remained flat (up 0.11 %) as in comparison with October 2023. From January 2023 onwards, the quantity contains ~1.5 % contribution from the brand new acquisition in Germany. The demand continues to stay subdued, reflecting a troublesome macroeconomic surroundings for world commerce. A significant decline was witnessed throughout key geographies of the Americas, LATAM, and Europe, whereas some enchancment was witnessed in APAC, led by China and India.

Nippon Life India Asset Administration: IndusInd Financial institution bought 1,78,57,355 fairness shares, or a 2.86 % stake within the firm, at Rs 445.35 per share, amounting to Rs 795.27 crore. SBI Mutual Fund bought 32,68,590 fairness shares on the identical worth, amounting to Rs 145.6 crore, and ICICI Prudential Mutual Fund purchased 47,01,405 fairness shares on the identical worth, amounting to Rs 209.4 crore.

Satin Creditcare Community: The microfinance establishment has introduced the completion of its certified institutional placement (QIP) and raised Rs 250 crore through the allotment of 1,08,36,584 fairness shares to certified institutional patrons for Rs 230.70 per share. The problem launched on December 14 obtained response from institutional traders comparable to ICICI Prudential Life Insurance coverage Firm, Bandhan Mutual Fund, and Bajaj Allianz Life Insurance coverage Firm, amongst others, and was oversubscribed 1.9 occasions.

Praveg: The eco-responsible luxurious resorts firm has obtained the work order for the event, operation, upkeep, and administration of no less than 50 tents at Agatti Island, Union Territory of Lakshwadeep. The work order is for 3 years and may very well be prolonged as much as one other two years. With the addition of this resort, Praveg will now have 9 properties in operation and 10 underneath improvement.

Shree OSFM E-Mobility: The corporate will listing its fairness shares on the NSE Emerge on December 21. The problem worth is Rs 65 per share. Its fairness shares will probably be out there for buying and selling within the trade-for-trade section.

Benchmark Laptop Options: The corporate will debut on the BSE SME on December 21. The problem worth is Rs 66 per share. The inventory will probably be within the trade-for-trade section for 10 buying and selling days.

Siyaram Recycling Industries: The corporate goes to listing its fairness shares on the BSE SME on December 21. The problem worth is Rs. 46 per share. The inventory will probably be within the trade-for-trade section for 10 buying and selling days.

Symphony: HDFC Mutual Fund Multi Cap Fund has purchased 6 lakh shares in Symphony at a worth of Rs 880 per share. Nonetheless, Swayat Buying and selling Co. was the vendor on this deal.

Shriram Pistons & Rings: Ace investor Sunil Singhania-backed Abakkus Development Fund-1, Abakkus Rising Alternatives Fund-1, Abakkus Development Fund-2, and Abakkus Asset Supervisor LLP bought 29.54 lakh fairness shares within the firm at a worth of Rs 1,103.6 per share, which amounted to Rs 326.01 crore. AL Mehwar Business Investments LLC (NOOSA) purchased 4,36,030 shares on the identical worth, however Ok S Kolbenschmidt GMBH bought 39 lakh fairness shares within the firm on the identical worth, amounting to Rs 430.4 crore.