Highlights of announcements by select companies on stock exchanges NIFTY 50

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Highlights of announcements by select companies on stock exchanges NIFTY 50

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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