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Friday 27 November 2020

Stocks in the news

AU Small Finance Bank: Bank made strategic investment of Rs 7.70 crore in NPCI, wherein 61,320 equity shares at book value of Rs 1,256 per share are allocated to the bank constituting around 0.44% shareholding of NPCI.


HFCL: Promoter entity MN Ventures acquired additional 5 lakh equity shares in the company via open market transaction.


Action Construction Equipment: Promoter Vijay Agarwal acquired further 6,500 shares in company via open market transaction.


Filatex India: Vrinda Bhageria, daughter of Madhu Sudhan Bhageria, Chairman and Managing Director acquired 7 lakh equity shares in company, increasing her stake to 2.06% via open market transaction.


Mahindra & Mahindra: Subsidiary Mahindra Holdings agreed to sell its entire 100% stake in Mahindra First Choice Services (MFCS) and Optionally Convertible Redeemable Preference Shares in Auto Digitech (ADPL) to TVS Automobile Solutions (TASL). M&M signed a Share Subscription Agreement for subscribing securities of TVS Automobile Solutions (TASL).


Tube Investments of India: Company acquired controlling interest in CG Power and Industrial Solutions via allotment of equity shares & warrants.



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