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Stocks in News Today

October 1, 2021

Zee Entertainment: The National Company Law Tribunal directed Zee Entertainment to consider a requisition made by the company’s top investors to call an extraordinary general meeting and comply with Section 100 of the Companies Act.

Maruti Suzuki: Owing to a supply constraint of electronic components due to the semiconductor shortage situation, the company is expecting an adverse impact on vehicle production in October 2021 in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat in Gujarat. It is currently estimated that the total vehicle production volume across both locations could be around 60% of normal production. neerajjoshi5014

TCS: The company board may consider second interim dividend on October 8.

Max Healthcare: SBI Mutual Fund raises stake in the company to 6.44%.

Sun Pharma Advanced Research Company: Shareholders approved the appointment Anilkumar Raghavan, as the Manager and Whole-time Key Managerial Personnel of the company, designated as Chief Executive Officer (CEO).

Phillips Carbon Black: The company launched its Qualified Institutional Placement issue on September 30, and approved the floor price at Rs 255.85 per share. neerajjoshi5014

Adani Green Energy: Subsidiary Adani Renewable Energy (MH) Energy has completed acquisition of 100% of the share capital and all the securities of Vento Energy Infra from Essel Green Energy.

Remi Edelstahl Tubulars: CRlSIL has reaffirmed its rating outlook on the long term (fund based) facilities for Rs 15.00 crore as BB-/Stable and has reaffirmed its rating outlook on the short term (non-fund based) facilities for Rs 33.25 crore as A4+. neerajjoshi5014

NBCC (India): The company has been awarded the work order for construction of District and Central Drug Warehouse, under National Health Mission (NHM), Lucknow.

Jain Irrigation Systems: The company’s subsidiary Jain International Trading BV, Netherlands completed the restructuring of $200 million bonds.

Grauer & Weil (India): Vinod Haritwal has tender his resignation from the post of CEO of the company.