The company being a holding Company did not participate in
the aforesaid buyback offer as result, the equity shares held by all other existing shareholders of AFAL have been purchased. Consequently. AFAL has become 100% Subsidiary Company of GPIL.
Posts in category Business Standard
Alok Ferro Alloys becomes wholly owned subsidiary company of Godawari Power & Ispat (09-09-2024)
Quick Wrap: Nifty FMCG Index gains 2.04% (09-09-2024)
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Nifty ends above 24,900; FMCG shares advance, VIX slides 6.43% (09-09-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex rose 375.61 points or 0.46% to 81,559.54. The Nifty 50 index added 84.25 points or 0.34% to 24,936.40.
Panacea Biotec freezes in 10% upper circuit; stock zooms 101% in 1 month (09-09-2024)
A combined 2.1 million equity shares of the company had changed hands till 02:50 PM, and there are pending buy orders for nearly 100,000 shares on the NSE and BSE.
Airtel Finance launches fixes deposits at interest rates up to 9.1% p.a. (09-09-2024)
The marketplace enables Airtel Finance to provide an assured return and fixed-income investment option on the digital platform that is built on top of Airtel’s Thanks App framework.
Time Technoplast bags LoA for supply of storage cascades (09-09-2024)
Time Technoplast informed that it has received a letter of acceptance (LoA) from a Government owned OMC for supply of storage cascades for an aggregate value of Rs 67.21 crore.
Shyam Metalics share gains 3% on 5-yr growth plans in steel, aluminium biz (09-09-2024)
The stock price climbed after the company’s management informed investors about its growth plans in its businesses of aluminium and stainless-steel products
VST Industries Ltd leads losers in ‘A’ group (09-09-2024)
Jupiter Wagons Ltd, Ashapura Minechem Ltd, Engineers India Ltd and ITD Cementation India Ltd are among the other losers in the BSE’s ‘A’ group today, 09 September 2024.
Japanese markets go down lower (09-09-2024)
The Nikkei average fell 0.48 percent to 36,215.75 after a near 6 percent slide last week. That marked its lowest close since Aug. 9.
China’s markets decline on weaker inflation data (09-09-2024)
Responding to Friday’s weak jobs data, U.S. Treasury Secretary Janet Yellen said that the U.S. economy remains strong and that recent months of cooler jobs data is a signal of a soft landing, not a recession.