Bajaj Auto

Bajaj Auto has approved the buyback of shares worth up to
Rs 2,500 crore. The two-wheeler major intends to buy back 5.43 million shares,
amounting to 1.88% of its paid-up capital via the open market at Rs 4,600 per
share.

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Cipla

The pharma company has acquired an additional stake for
nearly Rs 26 crore in digital tech company GoApptiv Private to raise its
shareholding to 22.02%, the company said. The investment will be made in equity
shares and Compulsorily Convertible Preference Shares and is likely to be
completed within 30 days or such other date mutually agreed upon between the
parties, Cipla said in a regulatory filing.

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Bank of Baroda

Public sector lender Bank of Baroda said it will raise Rs
5,000 crore by issuing long-term infrastructure bonds. The board of directors
in its meeting held on June 27 approved the proposal for issuing long-term
bonds for financing infrastructure projects and affordable housing worth around
Rs 5,000 crore, the bank said in a regulatory filing.

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Aurobindo Pharma

The company has received a warning letter from the
Securities Exchange Board of India (SEBI) for non-disclosure of details related
to an ongoing USFDA audit of the company’s Unit-1 and observations made by the
US Food and Drug Administration (USFDA) between the period 2019 to 2022,
Aurobindo Pharma Ltd (APL) said in a regulatory filing.

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Star Health and Allied Insurance

The health insurance company has entered into a Corporate
Agency agreement with IDFC FIRST Bank, for the distribution of its health
insurance solutions to the bank’s customers.

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Bilcare

The company board has appointed Shreyans Bhandari as an
Additional Director and Chairman and Managing Director of the company. He is
the son of Mohan Bhandari, earlier Chairman, and MD, who is now appointed as
Chief Executive Officer.

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Sterling Tools

Sterling Tools’ subsidiary Sterling Gtake E-mobility (SGEM)
forayed into the E-LCV segment. This will help SGEM to strengthen its presence
across various E-mobility segments. Starting with supplies to a single Electric
2W customer a year ago, the company now has confirmed orders from more than 10
customers.

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Indian Card Clothing

The company board has declared a special interim dividend
of Rs 25 per share on the face value of Rs 10 each for the financial year
2022-23. The board has also approved acquiring the balance 40% equity stake in
Garnett Wire, UK – a foreign subsidiary of the company, from the Joint Venture
Partner – Joseph Sellers & Son Limited.

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Capri Global Capital

APV Tradesol Pvt Ltd and PACs sold a 2.05% stake in the
company through open market transactions. With this, their shareholding in the
company stands decreased to 6.102%, down from 8.157% earlier.

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Brigade Enterprises

Brigade Group has signed a joint development agreement to
develop 2.1 million square feet of residential apartments in Chennai. Brigade
targets revenue of Rs 6,000 crore from its residential business over the next 5
years in the city.