Larsen & Toubro, Himatsingka Seide, MM Forgings, Birlasoft, VA Tech Wabag, Home First Finance Company India, and Voltamp Transformers: Officials of these companies will attend B&K Securities Annual Investor Conference - Trinity India 2022.
Greaves Cotton: The company will update on the investment agreement in Greaves Electric Mobility, in its investor and analyst call.
Aether Industries: The specialty chemical manufacturer will make its debut on the bourses on June 3. The issue price has been fixed at Rs 642 per share.
Fiem Industries: Elevation Capital V FII Holdings sold a 2.16 percent equity stake in the company via open market transactions on June 1. With this, its shareholding in the company stands reduced to 6.59 percent, down from 8.75 percent earlier.
Pharmaids Pharmaceuticals: Promoter Sadhanala Venkata Rao offloaded a 7.75 percent equity stake in the company via open market transactions on June 2. With this, Rao's shareholding in the company stands reduced to 22.39 percent, down 30.14 percent earlier.
Prudent Corporate Advisory Services: Promoter Rameshchandra Chimanlal Shah and persons acting in concert (PACs) acquired 4.25 lakh equity shares in the company via open market transactions on June 2. With this, their shareholding in the company stands increased to 57.81 percent, up from 56.78 percent earlier.
UltraTech Cement: The cement major announced Rs 12,886 crore towards increasing capacity by 22.6 mtpa with a mix of brownfield and greenfield expansion. This would be achieved by setting up integrated and grinding units as well as bulk terminals. The additional capacity will be created across the country. Commercial production from these new capacities is expected to go on stream in a phased manner by FY25.
MTAR Technologies: The defence company has entered into a Share Purchase Agreement with sellers and GEE PEE Aerospace & Defence Private Limited for the acquisition of 100 percent stake in GEE PEE Aerospace & Defence. The acquisition cost is Rs 8.82 crore.
Wardwizard Innovations & Mobility: The electric two-wheeler brand Joy e-bike maker sold 2,055 units in May 2022. With that, the company has clocked a growth of 329 percent as compared to May 2021, when the company had sold 479 units. WardWizard recently forayed into the highspeed scooter segment with Wolf+, Gen Next Nanu+ and fleet management electric scooter Del Go.
