Stock Alert: Tata Motors, Ramco Systems, Reliance Inds, IREDA, Dixon Technologies

Last update: Sep 11, 2024 | 9:04 AM IST

Securities subject to F&O ban:

Aditya Birla Fashion & Retail (ABFRL), Balrampur Chini Mills, Bandhan Bank, Biocon, Chambel Fertilizers & Chemicals, Hindustan Copper, RBL Bank

Stocks worth watching:

Tata Motors said the Consolidated Commission of India (CCI) has approved the merger of Tata Motors Finance with Tata Capital.

Ramco Systems announced the launch of Aviation Software 6.0, enabling smarter aircraft management.

Ashoka Buildcon has finalised an agreement to transfer its entire 90% stake in ABL Indira Projects JV LLP for a consideration of Rs 5.44 crore to Indira Projects & Development (Tamnil Nadu).

IREDA said the International Financial Services Centres Authority (IFSCA) granted IREDA Global Green Energy Finance (IFSC), a wholly owned subsidiary of the company, provisional registration as a finance company in Gift City on September 4.

Reliance Industries announced that Reliance Retail Ventures and Delta Galil Industries have entered into a strategic partnership in India. Through the joint venture with Reliance Retail, Delta Galil will expand its presence in India and create an apparel innovation platform focused on the Indian market.

Genus Power Infrastructure has formed two wholly owned subsidiaries on September 10, 2024. The new subsidiaries are Genus Shekhawati Smart Metering Solutions SPV Private and Genus Marwar Smart Metering Solutions SPV private.

Jubilant Pharmovas’ Washington facility classifies the voluntary action as indicated by the U.S. Food and Drug Administration (USFDA).

Steel Strip Wheels has signed a supplementary shareholders agreement with Clean Max Asia, an associate company engaged in the production and distribution of renewable energy. The company will invest Rs 6.93 crore through the issue of emission rights to increase wind and solar capacity. Under the agreement, the additional power generated will be supplied exclusively to both companies.

Premier Explosive has signed an agreement with Astra Microwave for the joint development and sale of products.

Dixon Technologies (India) said the Competition Commission of India (CCI) has approved its proposal to acquire a minority stake in Aditya Infotech.

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First published: Sep 11, 2024 | 8:40 AM IST