Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business

Man Industries (India) Ltd on Monday settled with capital markets regulator Sebi a case concerning alleged delayed and inadequate disclosure regarding the initiation of a forensic audit.
The matter was settled after the company paid Rs 8.79 lakh towards the settlement amount, according to an order passed by the Securities and Exchange Board of India (Sebi).
The order came after the company filed an application with Sebi, requesting the settlement of the adjudication proceedings initiated through a show-cause notice in August last year.
“Specified proceedings initiated against the applicant (Man Industries) vide Show Cause Notice dated August 3, 2022 are disposed of in terms… of the Settlement Regulations on the basis of the settlement terms,” Sebi said in its order.
The regulator had initiated a forensic audit in respect of Man Industries for the financial years 2014-15 to 2020-21. The receipt of the intimation was acknowledged by the applicant through an email dated November 25,

Stock Market Live Updates: Broader markets, however, exhibited outperformance against benchmark indices. Nifty Midcap 100 and Nifty Smallcap 100 indices gained up to 0.6 per cent

Capital markets regulator Sebi on Monday asked market infrastructure institutions (MIIs) to set up and operate a common Online Dispute Resolution Portal (ODR Portal).
The portal will harnesses online conciliation and online arbitration for resolution of disputes arising in the Indian securities markets.
The MIIs– stock exchanges, depositories and clearing corporations– will have to make joint efforts to develop and operationalize the ODR Platform, Sebi said in a circular.
All listed companies, specified intermediaries and regulated entities– collectively called market participants — in the securities market will have to enroll on the ODR Portal.
“The MIIs shall, in consultation with their empanelled ODR Institutions, establish and operate a common ODR Portal,” Sebi said.
Disputes between investors and listed companies, specified Intermediaries and regulated entities would come under the ambit of ODR.
With regard to initiation of the dispute resolution process, Sebi said that

Financial services company Societe Generale on Monday bought shares of private lender Bandhan Bank for Rs 382 crore through open market transactions.
According to the bulk deal data available with the BSE and National Stock Exchange (NSE), Societe Generale purchased 85.51 lakh shares on the BSE and 89.23 lakh shares on the NSE.
The shares were acquired at an average price of Rs 218.60 apiece on both bourses, taking the combined transaction size to Rs 382 crore.
Details of the sellers could not be ascertained.
Shares of Bandhan Bank rose 3.22 per cent to close at Rs 224.10 on the NSE and gained 2.88 per cent to settle at Rs 223.30 on BSE.
In a separate transaction, Plutus Wealth Management acquired 22.10 lakh shares of Eris Lifesciences for Rs 173 crore through open-market transactions.
Plutus Wealth Management bought a total of 22.10 lakh shares in two tranches, as per the data available with the NSE.
The shares were purchased in the range of Rs 783-783.03 per piece, taking the