Money Purse {మనీ పర్స్ }

IIFL Finance: The RBI lifted its restrictions imposed in March on gold loans businesses. The company can now resume sanctioning, disbursal, assignment, securitisation, and sale of gold loans Dhruv Consultancy Services Limited : Company in association with Tritia Engenharia Lda has received the “Letter Of Contract Award” (LOA) towards the Consultancy Services in form of evaluation of High Crash Locations, Design of Roads Improvements, Preparation of Tender Documents, Support to ANE, IP during the Bidding Period and Supervision of the Implementation of the Works from the office of Director General – Departamento De Aquisicoes, Mozambique .The contract price for the said Project will be Rs. 4,18,39,853 including taxes. EMS Limited : Company has receipt the lowest bidder (L-1) status as its biggest tender awarded by Kolkata Municipal Corporation. The estimated order value is approximately Rs. 68149.43 lakhs(681.49crores) including Operations & Maintenance of 15 years. And also The company approved raising up to Rs 400 crore via QIP. Laxmi Organic Industries Limited : Company will set up a synthetic organic chemical manufacturing unit in Jagatsinghpur. & Company approached the Odisha Government for a parcel of land to explore the possibility of establishing a facility, no investment decision has been finalized and approved. Our decision will be based on land availability and a thorough feasibility assessment. Tega McNally Minerals Limited, a wholly owned material subsidiary of the Company has received a demand order for collection of state tax along with interest and penalty.Tax liability – Rs. 80,16,728/-; Interest – Rs. 73,40,628/-; Penalty- Rs. 8,01,673/-. BGR Energy Systems Limited : The Company has received Rectification order from the Deputy Commissioner of GST, Raipur, Chattisgarh, with “NIL” tax. Cargosol Logistics Ltd : Company is expanding its fleet to support the significant rise in road transportation driven by a growing customer base. This strategic move enhances our capacity to handle increased volumes, ensuring timely deliveries and operational efficiency. Hariom Pipe Industries Limited : Board meeting to be held on September 24, 2024, to approve for fund raising in various matters including QIP. EMS Limited : Board Approved Raising of funds by way of issuance of equity shares of the Company having face value of Rs. 10/- each, for an aggregate amount not exceeding ₹ 400 Crores by way of qualified institutions placement (‘QIP’) in one or more tranches . The Phoenix Mills: The company’s unit Casper Realty was declared the highest bidder for two city-centric plots in Mohali, Punjab. Abbott India: The company is in a non-exclusive agreement with Takeda Pharma to market and distribute Vonoprazan drugs in India Datamatics Global Services Limited : Dextara Digital (UK) Private Limited which is the Step-down Subsidiary of the Company based in UK has been dissolved. SKY INDUSTRIES LIMITED : Board has approved the purchase of land admeasuring 17049.00 sq. mts situated at Khattalwada, Taluka-Umbergaon, District-Valsad, Gujarat from an unrelated third party seller for setting up of greenfield project as a part of the Company’s expansion plan. The Company is in the process of executing definitive agreement(s) in accordance with the applicable laws and procedural requirements. Agreement Size -Rs. 6.82 Crore . Lemon Tree Hotels Limited : Company opening of Lemon Tree Resort, Mussoorie. This managed hotel is the tenth property of the group in Uttarakhand.This resort will feature 44 well-appointed rooms and suites, Citrus Café – a multi-cuisine coffee shop, event spaces and other public areas. The resort will also feature a well-equipped fitness centre and banquet facility in the second phase. Tata Power: The company sought arbitration in dispute with Adaro International over coal supply. Adaro made a claim of $106 million, and Tata Power made a counterclaim of $230 million. Power Grid Corp.: The company was declared a successful bidder for the Khavda transmission project in Gujarat

The Company has acquired from NSK Ltd., Japan (‘NSK’) the entire balance 51% equity stake in the joint venture company viz.;M/s. Rane NSK Steering Systems Private Limited (‘RNSS’). Pursuant to the acquisition, RNSS has become a Wholly Owned Subsidiary (100%) of the Company and would be renamed as Rane Steering Systems Private Limited’. D & H MIDDLE EAST FZE : The wound up of a wholy owned Subsidiary company named D & H MIDDLE EAST FZE ,in Dubai, UAE incorporated in Dubai. Wipro Limited  : Cloudsocius DMCC - Dubai, stepdown subsidiary of Company, has been voluntarily dissolved and the Company received confirmation of the aforesaid dissolution from the Dubai Multi Commodities Centre (“DMCC”) Authority EFC Ltd: Ek Design Industries Limited (‘Ek Design’) Unlisted Subsidiary of the company is proud to announce the commencement of Commercial Production at Ek Design Factory spread over 3 Acres of land at Fursungi, Pune. Williamson Financial Services: an order dated 18.09.2024 has been passed against the Company by the Hon’ble Bombay High Court. As per the order, to jointly and severally pay a sum of Rs.33,20,76,377.69 along with interest @ 18% p.a. and other charges Global Surfaces Ltd: Global Surfaces FZE ("GS FZE"), a wholly owned subsidiary of Global Surfaces Limited has announced the Global launch of its product “Quartzites” in a showcase event held in Dubai on September 19, 2024. Whirlpool: Board of Directors of Whirlpool of India Limited (Company) at their meeting held on 19th September, 2024 accorded their approval for acquisition of further 9.56% of the issued and paid up share capital of the Company’s subsidiary, Elica PB Whirlpool Kitchen Appliances Private Limited (Subsidiary) and accordingly the Company has executed a share purchase agreement in this regard. Post completion of the acquisition, the Company would hold ~96.81% shares of the Subsidiary. NTPC: The company received investment approval for Darlipali project at an estimated cost of Rs 11,131 crore and received investment approval for Sipat project at an estimated cost of Rs 9,791 crore Reliance Infra: The company approved raising up to Rs 3,014 crore via preferential issue of shares. It will also seek shareholder's nod to raise another Rs 3,000 crore. IDFC Bank: The bank received RBI approval for re-appointment of V Vaidyanathan as MD and CEO for three years Geojit Financial: The company approved rights issue at Rs 50 per share to issue 1 share for every 6 held by eligible holders. Sula Vineyards: The company launches Sula Merlot priced at Rs 895. From https://t.me/moneypurseadv

Stocks in News post Market closure 👀 AU Small Finance Bank: The bank partnered with Niva Bupa to offer health insurance products. HUDCO: The company said it has the potential for extending loan assistance in the range of Rs 75,000 crore to Rs 1 lakh crore under Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) scheme guidelines Sandur Manganese: The Karnataka pollution board granted consent of operation for the company’s manganese and iron ore mines for the enhancement of manganese ore production from current 0.43 MTPA to 0.55 MTPA Jyothy Labs: The company acquired laundry service brand Quiclo from Smartwash Solutions along with its software and customer database for Rs 70 lakh to strengthen its laundry service business and customer base in Hyderabad VELOX SHIPPING AND LOGISTICS LIMITED : The company has adopted a new set of Memorandum of Association (MOA) and Articles of Association (AOA) which has been approved by the Registrar of Companies. Thomas Cook: The company inaugurated its new franchise outlet in Chennai. The new Chennai outlet expands the company's network to 9 locations in the city and 15 across Tamil Nadu. Balkrishna Industries Limited : The Company has completed the capex for 30,000 MTPA of high value of advanced carbon material and commissioned the plant. Shraddha Prime Projects Limited : The Company announces the launch of its new redevelopment project, SHRADDHA PRATHAM, located at Magathane, Borivali East, Mumbai. Tata Communications Limited : Company has issued and allotted Commercial Paper aggregating to an amount of ₹250 crores. Unitech Limited  : The Company Acquired the 9,37,500 equity shares in M/s Unitech Holdings Limited, a wholly-owned subsidiary of M/s Unitech Limited, on rights issue basis. for aggregating amount to Rs. 15.00 Crores. KIRLOSKAR BROTHERS LIMITED : The Company along with The Kolhapur Steel Limited, its wholly owned subsidiary, have entered into a Share Subscription and Shareholders Agreement (SSHA) for acquisition of 26% of equity share capital (upto Rs. 50 Million) of Sunsure Solarpark Nineteen Private Limited. This investment is intended for the purpose of solar power captive consumption CESC LTD. : Purvah Green Power Private Limited, a Subsidiary of the Company has incorporated the Wholly Owned Subsidiary Companies .they are LKP Renewable Private Limited (2)DRP Renewable Private Limited (3) SKG Renewable Private Limited. Geojit Financial Services Limited : Board Approved Right issue.Rights Issue Price: Rs. 50 per equity share  & b) Rights entitlement ratio: one equity share for every six equity shares held by eligible equity shareholders of the Company as on the record date. i.e., ratio of 1:6. LTIMindtree Limited : The Company has received demand Order from the Office of the Principal Commissioner of Central Tax, Bengaluru issued by Joint Commissioner. Ramky Infrastructure Limited : Company has received an award under the "Most Admired Emerging Company in Water Infrastructure " Category at the "Times Group 9th edition of ET NOW Infra Focus Awards 2024 ". Infosys Limited : Company has agreed to invest in SpaceTech startup, GalaxEye up to INR 17 Crores (approximately US$ 2.0 million) as part of Infosys Innovation Fund . Cinerad Communications Limited : Board approved the Draft Letter of Offer in relation to the Rights Issue of the Company to be filed with BSE Limited (the “Stock Exchange”) for their in-principle approval for listing of the Rights Equity Shares on their exchanges. Cosmic CRF: The company’s unit bagged an order worth a gross value of Rs. 127 crore for supply of cold-formed steel sheet piles. UNIPHOS ENTERPRISES LIMITED : Company would be availing Loan not exceeding Rs. 50 Crores for business / general corporate purpose. The same will be secured by pledge of 22,25,000 equity shares ofUPL Limited held by the Company that constitutes 5.63% of Company's aggregate holding in equity shares of UPL Limited.