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Global Cues
Eurozone CPI
RBI MPC Meeting minutes
The Federal Reserve releases minutes from its Jan. 31-Feb 1 policy meeting.
India Earnings : Mahindra CIE
Corporate Action
IRB Infrastructure Developers: Ex-date for Stock Split
Last day to buy to be eligible for dividend:
Kirloskar Oil Engines, Metropolis Healthcare, NCL Industries Ltd, Suprajit Engineering,
Other Events
ECB Governing Council meets in Inari, Finnish Lapland, for a non-monetary-policy meeting.
G20 finance and central bank deputies meeting co-chaired by Seth and RBI deputy governor Michael D Patra at Bengaluru
Revolt to reopen RV400 electric motorcycle bookings
CORPORATE EVENTS:
9:30am: New Delhi. Environment Minister Bhupendra Yadav, to inaugurate TERI’s World Sustainability summit 2023. Speakers include Guyana Vice President Bharrat Jagdeo; G20 Sherpa Amitabh Kant
10am: Mumbai. SEBI ED V.S. Sundaresan will be chief guest at ASSOCHAM 14th Capital Market Summit. Speakers include Sundararaman Ramamurthy, MD & CEO of BSE; Nilesh Shah, group president & MD of Kotak Mahindra AMC; Padmaja Chunduru, MD & CEO of NSDL; Ashishkumar Chauhan, MD & CEO of NSE
5:30pm: Gurgaon. GSV Ventures and Emeritus co-hosting the Fireside Chat with WCD Minister Smriti Irani on “All Eyes on India: Driving the Future of Learning and Workforce Skilling”
Balaji Amines conference call on 3Q FY23 earnings
4pm: Avanti Feeds hosts conference call to discuss on 3Q FY23 earnings
Oil & Gas Updates
Brent Crude at $82.81/bbl Vs $83.79/bbl
Singapore GRM at $6.3/bbl Vs $5.4/bbl
Asia Spot Gas prices at $14.3 /mmBtu Vs $15.92/mmBtu
FII/DII Data:
FIIs net Bought Rs 525.8 worth shares on Feb 21 (prov)
DIIs net sold Rs 235 cr worth shares on Feb 21
FII F&O Cash Data:
Index futures net buy Rs 966 cr
Index options net sell Rs 3978 cr
Stock futures net buy Rs 406 cr
Stock options net sell Rs 40 cr
Total FII net sell 2646 cr in F&O
F&O Ban:
Addition: Idea
Bulk/Block
Zee Learn Limited
Multiplier Share & Stock Advisors Private Limited Bought 20 Lakh Shares At Rs 3.85/sh
Patel Engineering Limited
Canara Bank Sold 17.88 Lakh Shares At Rs 0.3/Sh
CORPORATE ANNOUNCEMENTS
Sapphire Foods
Company to increase stake in Maldives-based GFIPL from 51% up to 75%
Gamma Island Food Private Ltd operates Pizza Hut and KFC restaurants in Maldives
BEL
BEL signs MoU with ADA, DRDO, for Advanced Medium Combat Aircraft programme
The MoU was announced on the sidelines of the “Bandhan” event held at Aero India 2023.
Hindustan Zinc
Shareholders meet on March 29 to approve transfer of amounts standing to the credit of the General Reserves to the Retained Earnings
Lemon Tree Hotels
Signed a Franchise Agreement for a 34 room property in Manali, Himachal Pradesh under the brand “Lemon Tree Hotel’.
Hotel is expected to be operational by June, 2023.
Kirloskar Oil Engines
La‐Gajjar Machineries Private Limited (LGM), a ‘Material Subsidiary’ of the Company
had entered into Memorandum of Understanding with Government of Gujarat on 20th February 2023,
for shifting of its existing manufacturing facilities at Sanand II, GIDC, Ahmedabad.
RIL
Reliance New Energy Limited (RNEL) (formerly known as Reliance New Energy Solar Limited), a wholly-owned subsidiary of the Company,
has today completed the purchase of 7,433 Common shares; 1,518 Series B1 Preferred shares; and 660 Series B2 Preferred shares of Nexwafe GmbH, for an aggregate consideration of EUR 7,55,684.
Petronet LNG Limited
Board has accorded their approval for extension of tenure of Shri Vinod Kumar Mishra as Director (Finance), the whole-time Key Managerial Personnel and Chief Financial Officer, for a further period of two years w.e.f. 18th April 2023
Biocon
Company has issued and allotted unlisted, secured, rated, redeemable, non-convertible debentures
of face value of INR 1,00,000/- (Rupees One Lakh only)
each on private placement basis in 3 (three) Series
Total Issue Size: Rs. 1070 cr
SBI
Bank has successfully raised Rs. 4,544 crore Non-Convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid Up Basel III compliant AT 1 Bonds at a coupon of 8.20% p.a
Issue Size Rs. 4,544 crore
Map My India
Further acquisition of stake on fully diluted basis of E-Chargeup Solutions Private Limited
For 13.53 lakhs
Mirza International
Approval of the Composite Scheme of Arrangement by Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj
1. Amalgamation of RTS Fashions Pvt Ltd (the Transferor Company) with and into Mirza International Ltd (the Transferee Company); and
2. De-merger of Branded Business/REDTAPE Business (the Demerged Business) of Mirza International Ltd (the Transferee Company) into Redtape Ltd (the Resulting Company) on going concern basis.
ITI Limited
Co has informed the Exchange regarding Appointment of Mr Rajesh Rai as Chairman & Managing Director of the company w.e.f. February 21, 2023
Dabur
Name of the step down whollyowned subsidiary company has been changed from “Asian Consumer Care Private Limited” to “Dabur Bangladesh Private Limited” w.e.f. February 16, 2023
ICICI Lombard General Insurance
Board of Directors of the Company have approved the appointment of Mr. Gaurav Arora as a Key Management Person (KMP)
Mr. Sanjay Datta, Chief-Underwriting, Reinsurance & Claims and a Key Management Person of the Company Mr. Datta shall be officiating his responsibilities till April 30, 2023
Board of Directors of the Company have approved the appointment of Ms. Vasundhara Bhonsle as a Key Management Person
Can Fin Homes
Smt Shamila M, General Manager and Key Managerial Personnel (KMP) of the Company has opted for voluntary retirement based on medical advice.
She will continue to function as the General Manager & KMP and discharge duties till the date of her ostensible relieving i.e., May 20, 2023
Railtel
ICRA Limited has reviewed the credit ratings on the bank facilities of the Company
and re-affirmed the earlier rating a
MPS Ltd
Approval for the scheme of merger between subsidiaries of MPS Limited.
Both the Companies i.e. E.I. Design and MPSI, in their Meeting of Board of Directors dated today, February 21, 2023
have considered and approved the Draft Scheme of Merger of E.I. Design into and with MPSI and other ancillary documents/ notices.
HCL Tech
HCL America Inc., a wholly owned step-down subsidiary of the Company incorporated under the laws of California, United States of America
had announced its proposal for a Cash Tender Offer for up to USD 125 million of its USD 500 million 1.375% Senior Notes (“Notes”)
that were issued with a maturity date of March 2026.
ADANI ENTERPRISES
Repays Rs 10 cr Of Commercial Papers
Intimation Of Repayment Of Commercial Paper
LIC Housing Finance
ICICI Pru MF increases stake from 5% to 7%
FORM AGENCIES
India Oil Refiner Faces Russian Payment Issues Due to Price Cap
India needs to invest ₹33,750 cr on lithium-ion battery production plants: Report
Northwest, central and west India to record max temp 3 to 5 deg above normal in next few days: IMD
India Asks Food Corp To Sell Wheat To Control Prices
India Ratings And Research Projects India To Grow At 5.9% In FY24
Indians Spent 10 Billion Dollars On International Travel From April To Dec Last Year
India Speaks Loudly, Carries Bigger Stick: New Economy Daily
India to Sell More Wheat in Open Market to Control Local Prices
Indian Govt Seeks to Buy 90M Tons of Unmilled Rice From Farmers
India Okays Quality Control Order for Cotton Bale Certification
G-20 Discussing Faster, Cheaper Cross Border Pay: RBI’s Sankar
Semiconductor manufacturing to start very soon in India: IT secretary
India and UK to deepen defence relations; Rajnath Singh invites UK industries to build in India
Rbi Sankar:Intl Payment System To Have Same Protection As Local
Indian investments in foreign stocks, property touch a record high in Dec
Indian economy likely to grow at 5.9% in FY24, says India Ratings
Indian Govt Seeks to Buy 90M Tons of Unmilled Rice From Farmers
INSIDER TRADE (Company, Category, No of shares, Mode of Acquisition)
AURIONPRO SOLUTIONS LTD.- Director- 4,000- Bought
Aurum PropTech Ltd- Director- 19,606- Bought
Geojit Financial Services Ltd- Directors Immediate Relative- 25,500- Bought
INFO EDGE (INDIA) LTD.- Designated Person- 250- Bought
Star Cement Ltd- Directors Immediate Relative- 1,889- Bought
WELSPUN INDIA LTD.- Trust- 1,39,220- Bought
Westlife Foodworld Ltd- Connected Person- 7,900- Bought
ZEN TECHNOLOGIES LTD.- Connected Person- 30,000- Bought
APAR INDUSTRIES LTD.-Designated Person- 541- Sold
Fusion Micro Finance Ltd- KMP- 5,000- Sold
Indigo Paints Ltd- Director- 1,301- Sold
KIRLOSKAR PNEUMATIC CO.LTD.- Designated Person- 2,000- Sold
MAHINDRA & MAHINDRA LTD.- Designated Person- 1,830- Sold
NGL FINE-CHEM LTD.- Promoter Group- 3,758- Sold
Nippon Life India Asset Management Ltd- Designated Person- 10,000- Sold
Privi Speciality Chemicals Ltd- Other- 7,500- Sold
Sasken Technologies Ltd- Other- 4,337- Sold
INFO EDGE (INDIA) LTD.- Designated Person- 3,032- Pledged
JINDAL STEEL & POWER LTD.- Promoter Group- 3,950- Pledge Released
