Adani Group to launch open offer for NDTV

Spread the love



Stocks

Stock market essentials for November 22: Adani Group to launch open offer for NDTV

Photo : BCCL

Events Today :

New Listing:

Kaynes Technology

IPO Price: Rs 587/-

Syrma SGS anchor lock-in opens; around 3% of equity out of lock-in

Nykaa Block deal today : Lighthouse Seeks to sell 1.86 cr shares in Block Trade at maximum 2% discount

NDTV takeover: Adani Group to launch open offer on November 22: as per exchange filingFinance Minister Nirmala Sitharaman holds pre-budget meeting with Agriculture and Agro Processing Industry

Corporate Action

Vedanta to consider and approve Third Interim Dividend

Last day to buy Hindustan Zinc to be eligible for dividend – 4.7% dividend yield

Last day to buy Maharashtra Seamless to be eligible for bonus issue (1:1)

Last day to buy Mindtree prior to amalgamation (Record Date: Nov 24)

Mindtree –L&T Infotech MSCI Adjustment

Mindtree to be deleted

L&T Infotech to move to MSCI Global Standard Large Cap from MSCI Global Standard Mid Cap

Mindtree – outflow – $150-160 million – 6.2x average daily volume

L&T Infotech – inflow – $120-140 million – 6x average daily volume

Oil & Gas Updates

Brent Crude at $87.5/bbl Vs $88/bbl

Singapore GRM at $9/bbl Vs $8.3/bbl

Asia Spot Gas prices at $27.3/mmBtu Vs $26.3/mmBtu

FII/DII Data:

FIIs net sell shares worth Rs 1594 cr on Nov 18

DIIs net bought shares worth Rs 1263 cr on Nov 18

FII F&O Cash Data:

Index futures net sell Rs 761 cr

Index options net sell Rs 1068 cr

Stock futures net buy Rs 194 cr

Stock options net buy Rs 405 cr

Total FII net sell Rs 1230 cr in F&O

F&O Ban:

GNFC, IndiaBulls Hsg, PNB, SunTV

Addition: Escorts

Removed: Blarampur Chini, BHEL, Delta Corp

Bulk/Block Deal:

Quant Money Managers Limited Bought Archean 650000 @ 452.59

Ca Swift Investments Sold Delhivery 18404607 @ 330.02

Morgan stanley asia (singapore) pte. Bought Delhivery 4854607 @ 330

Saint Capital Fund Bought Easemytrip 2200000 @ 52.

CORPORATE ANNOUNCEMENT

Lupin

Lupin Foundation Signs MoU with the Government of Rajasthan to strengthen Healthcare system

MoU to address the prevalence of Cardiovascular Disease (CVD) and Chronic Obstructive Pulmonary Disease (COPD)

Blue Star

Kotak Mahindra Mutual Fund has acquired 0.66% of stake in Blue star taking the total stake to 5.04%

Housing Development Finance Corporation

To issue 7.79% secured redeemable NCDs on private placement basis at an issue size of Rs. 1900 crore

The proceeds will be utilized for financing / refinancing the housing finance business requirements

Bid will open on 23rd November 2022 and Redemption date is on 24th November 2032

Power Finance Corporation

Incorporated 2 Special Purpose Vehicle (SPV’s) for development of Independent Transmission Projects

SPVs have been incorporated as WoS of PFC Consulting Limited, a wholly owned subsidary of PFC

Shriram City Union

Record date for the purpose of Merger/HiveOff is November 30, 2022

Diamond Power Infra

To seek shareholders’ nod to raise borrowing limit to Rs 3000 cr

Vodafone Idea

Special resolution for Issue of securities on preferential basis was passed at the EGM

UCO Bank

Central Government appointed Shri Rajendra Kumar Saboo, Chief General Manager, Punjab National Bank as Executive Director in UCO Bank for a period three years

Kirloskar Electric Company

Company’s unit situated at Govenahalli has extended partial lay-off for 36 workmen out of 148 total workmen for a period of 60 days

MIC Electronics

Received order of Rs. 2 Crore from Ratlam Division S and T, Ratlam, Madhya Pradesh, (Western Railway)

Dhunseri Tea & Industries

Dhunseri tea will be acquiring three tea estates from Warren Tea limited at a consideration of Rs. 90 Crore

Canara Bank

Central Government has appointed Shri Ashok Chandra, Chief General Manager, Union Bank of India as Executive Director in Canara Bank for a period of three years

Thomas Cook

Announced the opening of its new wildlife resort in Pench National Park.

Resort boasts of a variety of stay experiences with 22 premier rooms, cottages, mud houses

Hi Tech Steel Pipes

Board Meeting on 24th November to consider fund raising through preferential issue of securities

Indian Bank

Central Government appointed Shri Mahesh Kumar Bajaj, General Manager, Indian Bank as Executive Director in Indian Bank

JK Paper

Board approved acquisition of Horizon Packs Pvt. Ltd. (HPPL) and Securipax Packaging Pvt. Ltd- (SPPL)

Acquisition to facilitate expansion of corrugated packaging business in terms of volume

85% shares of each of the entities to be acquired within 3 weeks of SPSHAs

Balance 15% to be acquired within a period of 3 years as per the respective SPSHAs.

In FY22, HPPL and SPPL had a consolidated Revenue of Rs. 832 Cr

Purchase consideration for acquisition of 85% of equity shares

HPPL will be Rs. 19.33 per equity share of Rs. 10 each and of SPPL will be Rs. 1256.95 per equity share of Rs. 100 each

Praveg Communication

Has received a Work Order from Department of Tourism for Development, Operation, Maintenance and Management of Tent City at Jampore Beach, Daman.

Biocon

Biocon Biologics (subsidiary of Biocon) have executed a Debt Facility Agreement amounting to US$1.2 billion

The proceeds shall be used for funding the acquisition of Viatris Inc.’s biosimilars business

Jubilant FoodWorks

Jubilant FoodWorks International Luxembourg, a step down wholly owned subsidiary of the Company approved incorporation of a wholly owned subsidiary company in Nepal.

Indian Bank

Reported Borrowal fraud exposure if ~60 cr( provided for ~52 cr)

BOB

Shri Lalit Tyagias Executive Director of Bank of Baroda for a period of three years

Union Bank

Shri Ramasubramanian S. assumes charge as Executive Director

Route Mobile

Route Mobile Limited Strengthens Its Presence In The Gcc (Gulf Cooperation Council) With Entry Into The Kingdom Of Saudi Arabia With Citc License Win”

Sadbhav Infrastructure Project

Mr. Rohit Modi as Chief Executive Officer (CEO) of the Company in the category of Key Managerial Personnel w.e.f. 21st November, 2022.

Resignation of Mr. Nitin R. Patel Director of the Company with immediate effect

Resignation of Mr. Vasistha C. Patel, Managing Director of the Company with immediate effect

SADBHAV ENGINEERING LTD. –

Mr. Rohit Modi has been appointed as Chief Executive Officer (CEO) of the Company in the category of Key Managerial Personnel w.e.f. 21st November, 2022.

WELSPUN INDIA/FROM AGNCIES

Approved sale of 2 units to MGN Agro Properties

FROM AGENCIES

Aurobindo Pharma aims to complete `2000 cr Pen-G plant in AP by March’24

Srcs say Elon Musk fires more Twitter sales staff to balance workforce: Agencies

Saudis deny report of discussions about OPEC+ oil-output hike: Agencies

India’s Big Plans for Cleaner Jet Fuel Face a String of Hurdles

India, EU ink pact on climate, quantum tech

Infra sector seeks public expenditure hike, GST rationalisation from FM Sitharaman

India Cancels Air Suvidha Forms For International Passengers

India, UK trade treaties to be ticked off

India’s Ethanol Output Set to Hit Record High in 2023: ISO

Tata Group Plans to Hire Expat Pilots for Air India

FSSAI proposes regulations for genetically modified food: PTI

Asset monetisation of `33,422 cr in FY23 so far, Coal Min leads with `17000 cr

Punjab Govt to install 300-megawatt solar power project

Tim Hortons plans to open 120 stores in next 3 years

Jio gets NCLT approval to acquire Reliance Infratel: PTI

India Announces Rules to Curb Fake Online Reviews

India’s food service market to reach USD 79.65 bn by 2028: Report

INSIDER TRADES

Category of person

Number of Securities Acquired/Disposed/Pledge etc.

Transaction Type ( Buy/Sale/Pledge/Revoke/Invoke)

Mode of Acquisition

Kirloskar Industries Ltd

Director

1000

Disposal

Market Sale

KOTAK MAHINDRA BANK LTD.

Connected Person

1000

Disposal

Market Sale

NIRLON LTD.

Promoter Group

5000

Disposal

Market Sale

SWAN ENERGY LTD.

Promoter Group

81500

Pledge

Pledge Released

INDO AMINES LTD.-$

Promoter Group

15000

Disposal

Market Sale

UNO Minda Ltd-$

Designated Person

1000

Disposal

Market Sale

PRIME FOCUS LTD.

Promoter & Director

2996190

Revoke

Pledge Released

Mahindra CIE Automotive Limited

KMP

15000

Disposal

Market Sale

ECLERX SERVICES LTD.

Trust

2441

Acquisition

Market Purchase

Quess Corp Ltd

Promoter & Director

50000

Acquisition

Market Purchase

L&T Technology Services Ltd

Designated Person

498

Disposal

Market Sale

Campus Activewear Ltd

Designated Person

348899

Disposal

Market Sale

ANALYST MEET

Dabur will be participating Kotak’s KIE India Consumer Forum on 22nd November 2022 at Trident Hotel

GMM Pfaudler will be participating in non-deal roadshows between Nov 22- Dec 05th in Singapore, UK and USA

Metro will be meeting Aviva Life, Nippon Mutual Fund, Incred wealth and Max Life on 24th November

Polycab will be meeting investors at Kotak India Consumer Forum and InCred Capital on 22nd November

Kabra Extrusion will be meeting JP Morgan, Phillips Capital and other group of investors on 22nd November

PI Industries will be meeting investors on November 22, 25th and 29th 2022

Rushil Decor will be meeting Param Capital on 22nd November 22

Hindware Home Innovation will be meeting a group of investors on 22nd November 22

Mahindra Holidays will be meeting Enam, Monarch on 24th Nov and other investors on 28th Nov

Brookfield to hold Analyst Meet and Asset tours between November 21 to November 23, 2022

Global Health will be meeting JM Financial Family Office on 22nd November

Rail Vikas Nigam will be meeting Investors between 22nd Nov till 30th November

JK Cement will be participating in a road show organised by Motilal Oswal on 24th and 25th November

IEX will be meeting group of investors between November 22- 24th 2022

IndusInd BankWill host an Investor Day Meet for buy-side analysts on November 22 , 2022 at Mumbai.

Sapphire Foods will be participating in Kotak Institutional Equities Consumer Forum 2022 on November 22

Syngene International to meet C Worldwide Asset Management on 23rd November

Tinna Rubber to meet investors for plant visit on Tuesday, November 22nd, 2022

Crisil will meet UTI MF on 25th November

Titan to meet HSBC Asset, Morgan Stanley and other group investors between 22nd Nov – 01st December

State Bank of India to meet investors at a conference organized by Motilal Oswal on 22nd November



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *