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Maruti Suzuki: August production was down 7.9% at 1.14 lakh units against 1.24 lakh units (YoY). Production volume an August was affected due to electronic components shortage.
McDowell Holdings Recovery Officer I DRT (Debt Recovery Tribunal) II continued to offload shares in the company, selling additional 1.1 lakh equity shares in the company at Rs 45.45 per share. However, Trilochan Kumar Gupta acquired 84,200 equity shares in the company at Rs 45.45 per share on the NSE, the bulk deals data showed.
Stove Kraft HSBC Global Investment Funds – Asia Ex-Japan Equity Smaller Companies acquired 5,37,112 equity shares in the company at Rs 929.85 per share. However, Sequoia Capital India Growth Investment Holdings I sold 8,05,915 equity shares in the company at Rs 932.92 per share on the NSE, the bulk deals data showed.
ICRA Life Insurance Corporation of India sold more than 2.07 lakh equity shares in the company via open market transaction, reducing shareholding to 5.81 percent from 7.96 percent earlier.
Bajaj Consumer Care ICICI Prudential Asset Management Company sold 1.5 lakh equity shares in the company via open market transaction, reducing shareholding to 3.83 percent from 3.93 percent earlier.
Wipro The company and Securonix announced partnership to deliver managed security services.
Shree Ganesh Remedies The company decided to enter into the share purchase agreement to acquire the 74 percent stake of Dhari Chemicals.
TVS Motor Company The company expanded and strengthened its presence in South Africa by announcing new distribution partnership with ETG Logistics (ETGL).