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Indian Share/Stock Market Latest News Today 28 August 2024

In this blog, we will cover all the important today’s Indian Share/Stock Market Latest News from the eyes of a long term investor. Here we will cover all the Indian Share/Stock Market Latest News regarding Order update, Latest Order Book, Fund Raise (QIP, Preferential etc.), Split, Bonus, Buyback etc. This blog will cover latest news regarding Indian share market.

Every current or potential long term investor of Indian companies should follow this page and be updated regarding their portfolio stock company’s latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback. This blog will give you glimpse of which are the stocks/shares are in news for today.

Click here to track latest news of your portfolio stocks.

Indian Share/Stock Market Latest News Today Regarding New Orders Update-

JSW Energy received Letter of Award from Maharashtra State Electricity Distribution Company Limited for 200 MW Wind-Solar Hybrid Power Project.
PNC Infratech has been declared L1 (First Lowest) bidder in a highway cum bridge project cost of Rs. 380.0 crores.
RailTel Corporation of India Ltd. has received the work order from Eastern Railway for Works amounting to Rs. 70,93,58,570 (Including Tax).
Insolation Green Energy Private Limited has bagged purchase order for the supply of Solar 24.985 MW PV Modules worth of Rs. 34,21,08,979.6.
DEE Development Engineers Limited has bagged a Purchase Order from the L&T Energy Hydrocarbon worth of INR 26,58,87,943/-
Roto Pumps Ltd has bagged an International order worth of USD 1,416,444 Equivalent ₹ 11.89 Crores.
Apollo Micro Systems has received 2 orders. One order is worth Rs. 10.90 crores from M/s. Bharat Dynamics Limited and another order from Controllerate of Naval Armanent (OF) for a value of Rs. 5.73 crores.
Adroit Infotech L.L.C. FZ bags order worth Rs. 37.76 million from Empresa Nacional De Bilhética Integrada, Angola through associate Adroit Infotech Lda Angola for sap brim.
Relicab Cable Manufacturing Limited has received the contract of MM S/C Cable totaling to 1,17,596.06 USD ($) i.e. INR 98.78 lakhs approx. (including tax).

Indian Share/Stock Market Latest News Today Regarding Corporate Action-

The Board of Directors of the Arex Industries Ltd in their meeting held on 27″ August, 2024 has fixed September 7, 2024 as record date for the proposed buy-back offer.
Indo Cotspin Limited has fixed Friday, 6th, September, 2024 as the “record date” for the purpose of determining the eligibility of shareholders for issuance of Bonus Shares in the ratio of 7:10.
Onesource Ideas Venture Ltd has fixed Friday, 13th, September, 2024 as the “record date” for the purpose of determining the eligibility of shareholders for purpose of Sub Division/Split of the Equity Shares of the Company from face value 10 to face value 1.

Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition and Capex-

Paras Defence and Space Technologies Limited at its meeting held on today i.e Tuesday, August 27, 2024 has inter alia approved the Raising of funds, aggregating up to Rs. 2,00,00,00,000/- (Rupees Two Hundred Crores Only) through Qualified Institutions Placement (“QIP”).
EPACK Durable Limited‘s Board of Directors have approved acquisition of additional 24% equity stake in Epavo Electricals Private Limited for Rs. 14.352 Crores.
Kilburn Engineering Ltd. raised about Rs. 300 crores via way of preferential method.
Asian Energy Services Limited to raise up to ~Rs 160 crores Via Preferential Issue of Warrants.
Vipul Organics Limited has considered and approved raising of funds through issue of fully paid up equity shares on rights basis to the existing equity shareholders of the Company for an amount aggregating upto Rs. 25 crores.
Silverline Technologies Ltd has approved issuance of up to 9,80,00,000 equity shares of face value of Rs. 10/~ each to the proposed allottees, at a price of Rs. 10 per Equity Share aggregating to Rs.98,00,00,000/on a preferential basis.
Gayatri Highways Limited (the “Seller”) has proposed to sale of 49% of Equity Share Capital ie., around 22,74,719 Equity Shares held by the Company along with its nominees in HKR Roadways Limited to VINCI Highways SAS (“VINCI”) for cash consideration of Rs. 123.66 Crores.
SRU Steels Limited has fixed Saturday, August 31,2024 as the record date for the purpose of determining the equity shareholders who shall be entitled to receive the Rights Entitlement in the Rights Issue.

Indian Share/Stock Market Latest News Today-

Jio Leasing Services Limited (JLSL), a wholly owned subsidiary of the Jio Financial Services Limited, has informed the Company that it has today invested in 6,75,00,000, 8.1% Cumulative Optionally Convertible Preference Shares of Rs.10/- each of Reliance International Leasing IFSC Limited (RILIL) for cash at par, aggregating Rs. 67.50 crore.
UPL Limited informed stock exchange regarding acquisition of additional stake in PT Excel Meg Indo.
Aditya Birla Capital Limited (“the Company” or “ABCL”) has made an investment of Rs. 300 Crores (Rupees Three Hundred Crore) on rights basis, in the equity shares of Aditya Birla Housing Finance Limited (“ABHFL”).
Zydus Lifesciences receives final approval from USFDA for Amantadine extended-release capsules 68.5 mg and tentative approval for 137 mg.
Awfis signs largest managed aggregation deal of 3 Lakh Sq. Ft. with Nyati Group.
Wipro forms new partnership to strengthen its enterprise AI-ready platform.
Infibeam Avenues Ltd’s Phronetic.AI unveils women’s safety feature in ‘AI Facility Manager’ for CCTVs.
Suven Life Sciences announces FDA acceptance of Investigational New Drug (IND) and grant of study may proceed letter to initiate Phase-1 clinical trial of SUVN-I6107, a True Muscarinic M1 Receptor Positive Allosteric Modulator (M1-PAM).

Popular Vehicles and Services Limited‘s 100% step down subsidiary Prabal Motors Private Limited has inaugurated a new 4 bay facility service workshop in GUT/Survey No 45/k, Laxmi Chowk, Jirewadi Taluk, Beed- 431122 in the state of Maharashtra.
Zee Entertainment, Culver Max Entertainment and Bangla Entertainment reach a comprehensive settlement to conclude all disputes related to Merger Co-operation Agreement.
Datamatics partners with Microsoft to Build AI Solutions through Copilots.
We would like to inform the exchange(s) that the Zomato Limited has completed the acquisition of OTPL and WEPL on August 27, 2024.
GE T&D India Limited informed to exchange(s) about the temporary disruption of Operations at Vadodara Plant due to heavy Rain fall & water logging.
Shilpa Medicare Ltd announces the approval of its second NDA [505(b)(2)], injectable product- Bortezomib Injection, by USFDA.
Khoobsurat Ltd has received Delisting Approval from Metropolitan Stock Exchange of India Limited MSEIL.

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Disclaimer-

All these information regarding Latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback News are directly derived from the updates provided by the companies to the India Stock Exchanges ie NSE and BSE. we are sharing these information for the ease of fundamental research of your portfolio stock companies. We (www.finofreedom.com) are not recommending to buy or sell of any of these company’s Shares/Stocks.

If you want to invest any of the above discussed company’s shares/stocks based on shared information then please consult your financial advisor before taking any decision. We (www.finofreedom.com) will not be responsible for any of your investment outcome either profit or loss in case you take any decision based on these information.