Stocks To Watch

Punjab National Bank: The government has extended the term of office of Shri Sanjay Kumar, Executive Director of the bank, for a period beyond September 19, 2021, and also extended CH.S.S. Mallikarjuna Rao, Managing Director & Chief Executive Officer of the bank for a period beyond September 18, 2021.

Nazara Technologies: The company to make strategic investment for the proposed acquisition of 100% stake in OpenPlay Technologies from its existing shareholders i.e. Sreeram Reddy Vanga and Unnati Management Consultants LLP, for Rs 186.41 crore, in one or more tranches.

SRF: Gujarat Pollution Control Board (GPCB) has issued a revocation order under Air (Prevention and Control of Pollution) Act, 1981 for resumption of operations in P2 and the two other allied plants with immediate effect.

Dalmia Bharat: Subsidiary Dalmia Cement (Bharat) signed three Memorandum of Understandings with the Government of Jharkhand to invest Rs 758 crore in the state.

INOX Leisure: The company commenced the commercial operations of a Multiplex Cinema Theatre taken on Lease basis, located at Jaipur, Rajasthan, which has 3 screens and 585 seats. It is now present in 69 cities with 154 Multiplexes, 651 screens and a total seating capacity of 1,48,021 seats across India

UCO Bank: Government extended the term of office of Atul Kumar Goel as Managing Director and Chief Executive Officer of the bank for a period of two years. Manaksia Steels: Investor Ekta Halwasiya added additional 3,34,626 equity shares in the company at Rs 38.63 per share on the NSE, the bulk deals data showed.

GOCL Corporation: The company has entered into an agreement with Squarespace Infra City for sale of 44.25 acres land at Kukatpally, Hyderabad, for Rs 451.79 crore. The transaction is expected to be completed in 3-6 months. The remaining land of about 32.09 acres will continue under the Joint Development Agreement with Hinduja Estates (HEPL) for development based on approvals.