Highlights of announcements by select companies on stock exchanges
NIFTY 50
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LARSEN & TOUBRO LTD
* Arm to buy stake in Intelliflux Controls INC
* Arm to buy stake in Intelliflux Controls for $2 mln
NIFTY 500
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CESC LTD
* To raise up to 1 bln rupees via 3-year NCDs
PIRAMAL ENTERPRISES LTD
* Arm bought 27.8% stake in Yapan Bio for 1 bln rupees
* Pharma arm buys 27.8% shr in Yapan Bio for 1 bln rupees
STRIDES PHARMA SCIENCE LTD
* Arm mfg Sputnik Light vaccine at commercial scale
* Got drug body OK to export Sputnik Light vaccine
* To export up to 50 mln doses of Sputnik Light vaccine
* Arm Stelis commissioned vaccine mfg unit at Bengaluru
* Bengaluru unit can make 720 mln vaccine doses/yr
* Sputnik Light to be ready for gobal mkts in Jan-Mar
V-GUARD INDUSTRIES LTD
* To merge Simon Group's India arm with co
* Simon Group's India ops merger deal at 273 mln rupees
Source : Eureka
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