Tata Steel

Tata Steel Chairman N Chandrasekaran said the company,
after completing the acquisition, will boost the operation of Neelachal Ispat
Nigam Limited to a rated capacity of 1.1 million tonnes per annum within the
next year. However, the boosting up of the operations of Neelachal Ispat Nigam
Limited (NINL) would be subject to obtaining statutory clearances.

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Glenmark Pharmaceuticals

The Mumbai-based company said it has acquired the approved
generic versions of certain over-the-counter drugs from Wockhardt Limited in
the US for an undisclosed amount. The move is expected to strengthen the
acquirer’s OTC presence in the US. The acquisition includes the approved
abbreviated new drug applications (ANDAs) for famotidine tablets, 10 mg, and 20
mg, used to treat and prevent ulcers in the stomach and intestine, the company
said in the statement.

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State Bank of India

The country’s largest public-sector lender has entered into an agreement for the investment of Rs 4 crore in equity shares of Perfios Account Aggregation Services Private Limited, the NBFC account aggregator. This investment would be subject to approval from the Reserve Bank of India (RBI). SBI will hold a 9.54% stake in Perfios Account Aggregation Services.

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Route Mobile

The company informed exchanges that the board has approved
the proposal of buyback of equity shares of the company up to Rs 120 crore at a
price of up to Rs 1,700 per share. At maximum buyback price (Rs 1,700), and
maximum buyback size (Rs 120 crore), the size of maximum buyback shares would
be 7.05 lakh equity shares, which is 1.12% of paid-up equity.

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Jammu & Kashmir Bank

The private lender said the board has approved raising of equity capital up to Rs 500 in one or more tranches, and additional Rs 1,500 crore via debentures on a private placement basis.

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Orient Bell

Orient Bell Limited has announced the on-time completion of
two projects involving a CAPEX of Rs 20 crore GVT Tile plant capacity in
Sikandrabad (UP) has increased by 0.7 million square meters (MSM) per annum.
Additionally, there was a conversion of the Dora Plant (Bharuch District,
Gujarat) from Ceramic Floor to Vitrified Floor with incremental volume
potential being around 1.2 MSM per annum.

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Hazoor Multi Projects

The company has secured a work order from Nagpur Mumbai
Super Communication Expressway Ltd for the execution of change of scope work in
district Ahmednagar of package-11 on EPC mode for Rs 14.11 crore.

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Godawari Power & Ispat

The company has purchased 37.79 lakh equity shares of Alok
Ferro Alloys (AFAL) at a fair value consisting of 78.96% of the paid-up capital
of AFAL. AFAL is involved in ferro alloys with captive power generation, having
operations in Raipur, Chhattisgarh only.

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Shri Bajrang Alliance

The company has entered into an agreement with LULU Group
International LLC, Abu Dhabi for the supply of GOELD frozen food items in
Middle East Markets (UAE, KSA, etc.) and also through their India network. The
purchase orders for the first 2 lots have been received.