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June 27, 2023
- STOCKS TO ACTION 26 JUNE
- Tata Consultancy Services: TCS said that the media report on the purported ‘recruitment scam’ is incorrect. It has launched a review to examine the allegations in the whistleblower complaint and media reports claiming a "recruitment scam." The issue relates to breaches of the company’s code of conduct by certain employees and vendors providing contractors. The review found that it does not involve
- HDFC Life Insurance: The company received a GST demand notice for Rs 942 crore. The demand pertains to the period from July 2017 to FY 2022, and the matter relates to the claiming of an input tax credit against the supply of services that the authority believes are ineligible for such claims. The company has deposited Rs 250 crore under protest.
- IPCA: The U.S. FDA has issued a Form 483 with eight observations to the company’s Pithampur facility in Madhya Pradesh.
- Yes Bank: The Board of Yes Bank approved raising Rs 2,500 crore through the issue of debt securities.
- Rail Vikas Nigam: The company bagged a project worth Rs 394.89 crore from Maharashtra Rail Corporation for the design and construction of an elevated metro viaduct. The project is expected to be executed in 30 months.
- Axis Bank: The RBI imposed a monetary penalty of Rs 30 lakh after the bank levied penal charges in certain accounts for late payment of credit card dues, even though the customers had paid the dues by the due date, through third-party platforms.
- Jammu & Kashmir Bank: RBI imposed a monetary penalty of Rs 2.5 crore for non-compliance with directions issued by RBI on the creation of a Central Repository of Large Common exposures across banks.
- Bank of Maharashtra: RBI imposed a monetary penalty of Rs 1.45 lakh for non-compliance with directions issued by RBI on Loans and Advances – Statutory and Other Restrictions.
- Zydus Lifesciences: The company’s subsidiary, Zydus Animal Health and Investments, has entered into an agreement to acquire a 6.5% stake in Mylab Discovery Solutions. It will buy the stake from Rising Sun Holdings for Rs 106 crore. The company aims to participate in the growing diagnostics space through increased penetration of in-clinic solutions with point-of-care testing devices.
- Bank Of Maharashtra: RBI imposes monetary penalty worth Rs 1.45 cr
- CITY UNION BANK : Boardmeet To Fix Agenda Items for AGM including Consider Raising of Capital
- PARAG MILK FOODS: LARGE TRADE SIXTH SENSE INDIA OPPORTUNITIES
- BUY 680,000 Shares @ Rs 121.23/ Share
- HDFC LIFE IRDAI Allows Transfer Of HDFC Stake In HDFC Life To Bank Unit
- Receives Rs 940 Crores GST Demand Notice For July 2017 To March 2022
- Deposited Rs 250 Crores Against GST Demand Under Protest
- ANTONY WASTE MANAGEMENT: LARGE TRADE THE MIRI STRATEGIC EMERGING MARKETS FUND LP
- BUY 627,332 Shares @ Rs 318.99/ Share
- SW SOLAR: LARGE TRADE SHAPOORJI PALLONJI AND COMPANY PRIVATE
- SELL 35,00,000 Shares @ Rs 295.25/ Share
- BNP PARIBAS ARBITRAGE
- BUY 800,000 Shares
- Adani Ports: Co Says Ranjitsinh B. Barad Tendered Resignation As Director Of Company
- Avantel: Approved Sub-Division Of One Share Into 5 Shares
- Artemis Medicare Services: Opened A New Centre Under Artemis Lite Brand, In Multi- Speciality Hospital Segment
- AU Small Finance Bank: Board Meeting On June 29 To Consider Raising Of Funds By Issue Of Shares || To Consider Borrowing/Raising Of Funds By Issue Of Debt Instruments
- Route Mobile: = Has Acquired 2600 Shares Of Unit Route Connect From Unit Call 2 Connect ||Holding Increased From 74% To 100% Of Equity Share Capital Of Route Connect
- Asian Paints: Co Acquired Further 11% Of Share Capital Of White Teak For 540m Rupees
- *Wardwizard displays its entire range of electric two & three wheelers at the 4th edition of Green Vehicle Expo in Bengaluru*
- Wardwizard Innovations & Mobility Ltd., an Indian manufacturer of electric vehicles under the brand 'Joy e-bike,' showcased its entire range of electric two and three-wheelers at the Green Vehicle Expo in Bengaluru.
- *They presented their first electric three-wheeler, Joy e-rik, and the recently launched high-speed electric scooter 'MIHOS' at the event.*
- In particular, *Karnataka holds significant importance as a strategic market, with Wardwizard Innovations & Mobility Ltd. experiencing a favourable customer response to their products in this region.*
- The company's objective is to expand awareness about their offerings within the state, strengthen their consumer relationships, and augment their overall presence. Currently, they have *established 33 touchpoints throughout Karnataka to meet the escalating demand for their products.*
- Promoters Sold Shares in these Companies in June Itself
- Mtar Tech 21.54 Lk @ 1891/Sh
- Sandur Mangenese 17,533 @ 1287/Sh
- Usha Martin 8.50 Lk Share @ 253/Sh
- Gati 1.20 Lk @ 121/Sh
- Indo Amine 16000 @ 122/Sh
- Pidilite 74,000 @ 2680/Sh
- Praveg 13 Lk @ 490/Sh
- Star Cem 10.8 LK @ 142/Sh
- Easy Trip 6.25 Cr Sh @ 42/Sh
