Stocks in News
DreamFolks Services: DreamFolks Services will make its grant debut on the bourses on September 6. The issue price has been fixed at Rs 326 per share.
Commercial Syn Bags: The stock will be in focus as the board of directors of the company has declared dividend at Rs 2.10 per share. The dividend will be paid to 1.27 crore equity shareholders of the company and total 6,07,500 warrants holder subject to conversion into equity shares. The record date for the payment of said dividend has been fixed as September23.
DCW: The company has made the payment towards the early partial redemption of 900 NCDs (out of 35,000 NCDs) having face value of Rs 1 lakh each.
Narayana Hrudayalaya: The stock will be in focus as it has signed an agreement with Shiva and Shiva Orthopaedic Hospital Private Limited and its promoters to subscribe to the optionally convertible debentures (OCDs). These OCDs are worth Rs 80 crore. With this, the company is going to acquire Shiva's orthopedic and trauma hospital (Sparsh Hosur Road' unit), situated at Narayana Health City campus, Bengaluru. Narayana Hrudayalaya will subscribe to the OCDs on completion of the conditions in the agreement with closure date expected to be on or before December 31, 2022.
Delhivery: SBI Mutual Fund acquired more than 1.07 lakh equity shares in the company via open market transactions on September 1. With this, its stake in the company increased to 5%, up from 4.98% earlier.
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