24 March 2022 – Trading Activity & Stock Market Updates – SIP Calculator

24 March 2022 – Trading Activity & Stock Market Updates

Ruchi Soya Industries

Follow-on public offer will open for subscription on March 24.

GPT Infraprojects

The company has bagged an order valued at Rs 118 crore. This contract is a joint venture of which GPT’s share is 51 percent.

Filatex India

The board on March 29 will consider the proposal for the buyback of fully paid-up equity shares of the company.

Nelco

Nelco and Omnispace announced a strategic cooperation agreement to enable and distribute 5G non-terrestrial network (NTN), direct-to-device satellite services. The collaborative effort will expand the reach of 5G using satellite communication throughout India and South Asia.

CSB Bank

The Reserve Bank of India has approved the appointment of Pralay Mondal as interim Managing Director and CEO of CSB Bank. The appointment will be for a period of three months with effect from April 1, 2022, or till the appointment of a regular Managing Director & CEO in the bank, whichever is earlier.

Triveni Turbine

Subsidiary Triveni Turbines DMCC has signed an agreement for the acquisition of 70 percent equity shares of TSE Engineering Pty Ltd (TSE). TSE is registered under the laws of South Africa and is engaged in high precision engineering repairs and servicing of machinery in sugar and other industrial plants in the South African Development Community (SADC) region.