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February 24, 2022

Wipro | The technology major said it has joined the global partnership network of o9 Solutions.

Indus Towers | Vodafone PLC is expected to sell 2.4 percent stake in the company worth $200 million. The stake sale will take place through a block deal today and offer range is Rs 227-231 per share, which is up to 10 percent discount to current market price. The offer size is about Rs 1,440 crore.

Sun Pharmaceutical Industries | The company will acquire anti-acne brand Alchemee for $90 million.

Vedanta | The company’s Board of Directors on March 02, 2022, will consider and approve Third Interim Dividend on equity shares, if any, for the Financial Year 2021-22.

L&T Finance Holdings | Citigroup Global Markets Mauritius & CBNA London has offloaded a 4.88 percent equity stake in the company through open market transactions on February 21. With this, their shareholding stands at 3.87 percent now, down from 8.75 percent earlier.

Sanofi India | The final dividend of Rs 181 per equity share for the year ended December 2021 has been approved by the board of directors. In addition, the firm has also declared a special dividend of Rs 309 per share for the year.

Piramal Enterprises | The firm said the Committee of the Board of Directors on February 28 will consider the fundraising by the issue of non-convertible debentures up to Rs 100 crore along with an option to retain oversubscription up to Rs 400 crore. With this, the total fundraising via NCDs would be Rs 500 crore on a private placement basis.