Riddhi Siddhi Share Brokers News Channel
                                
                            
                            
                    
                                
                                
                                February 25, 2025 at 03:23 AM
                               
                            
                        
                            *India Daybook – Stocks in News*
*Texmaco Rail:* Company signs MoU with Nevomo for high-speed rail solutions and predictive track maintenance. (Positive)
*NTPC Green Energy:* Company signs deal to develop 20GW renewable projects in Madhya Pradesh (Positive)
*Biocon:* Company’s arm Biocon Biologics launches Yesintek Biosimilar in the United States. (Positive)
*Madhav Infra Projects:* Company announced the partial commissioning of a 12.5 MW solar power project out of 35 MWp total for GSECL in Gujarat. (Positive)
*USL/UBL:* Government is considering review of duties on import of alcohol; especially Scotch from the UK. (Positive)
*Shipping stocks:* India plans its own shipping fleet; wants to provide assured demand for ships built in the country from state-run firms: Mint (Positive)
*Bharti Airtel:* Tata Play, Airtel Digital TV in merger talks as DTH industry struggles amid streaming boom (Positive)
*Torrent Power:* Company Incorporation of Subsidiary Torrent Green Energy Pvt. Ltd. Incorporated entity To Focus on Renewable energy, including hydrogen, ammonia, and power generation/distribution. (Positive)
*CERA:* Mr. Ramesh Baliga Has Been Appointed As ‘Chief Business Officer- Polymers and Emerging Business India’ W.E.F. 24th February, 2025. (Neutral)
*Shelter Pharma:* Company’s board meeting on Feb 24, 2025, appointed CS Aarefa Kutub Kapasi as Company Secretary and Compliance Officer, effective Feb 24, 2025 (Neutral)
*Muthoot Capital:* Srikanth G Menon resigned as company Secretary and Compliance Officer and Chief Compliance Officer, effective Feb 28, 2025. (Neutral)
*APL Apollo:* Company announced that Charu Malhotra, Chief Brand Officer, resigned from her position, effective February 24, 2025. (Neutral)
*Hitech Corporation:* Company has announced the acquisition of 100% of the paid-up share capital of Thriarr Polymers Private Limited. (Neutral)
*Cosmo Ferrites:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Niharika Gupta, and effective April 18, 2025 (Neutral)
*Nureca Ltd:* Company’s board approved a plan to purchase land in India for manufacturing, R&D, and warehousing facilities.  The total investment will be up to Rs. 30 Crores. (Neutral)
 
*Welspun Specialty:* Company has set the record date for its rights issue as March 1, 2025. (Neutral)
*MPS:* Board meeting on Feb 28, 2025, to consider and approve potential fund-raising proposals, including equity share issuance or other equity-linked instruments. (Neutral)
    
*Tata Communications:* Company issued and allotted ₹465 Cr Commercial Paper. (Neutral)
*Ganesh Housing:* NDS family trust acquired 31.33 lakh shares through off market transaction on 20th February. (Neutral)
 
*Godrej Ind:* Anamudi Real Estate LLP has acquired 23.05 lakh shares of the company through open market purchase on 20th February. (Neutral)
   
*Steel Strips:* Company announced the resignation of Sandeep Sharma, Senior Executive Director (Commercial) (Neutral)
*LIC:* Company gets GST, interest & penalty notice of ₹57.3 crore for FY2020-21 (Neutral)
*Adani Energy:* Adani Electricity Mumbai tops three separate national rankings by the Ministry of Power in performance excellence, customer service, and overall performance. (Neutral)
*IREDA:* Company shareholders approve raising ₹5,000 crore via QIP (Neutral)
*ONGC:* Board approved investing ₹1,200 Cr in ONGC Green Limited (OGL) through a rights issue. (Neutral)
*LIC Housing:* Board Meeting to be held on 05-Mar-2025 to consider Fund raising. (Neutral)
*Akzo Nobel:* India's board approved the sale of its Powder Coatings business and R&D center for ₹2073 Cr and ₹70 Cr to promoter.  (Neutral)
*UPL:* UPL Global Ltd, UK, has made a further investment in Origeo Comercio de Produtos Agropecuarios S.A., a joint venture in Brazil. (Neutral)
*SBI Life:* Company appoints Dorababu Daparti as Deputy Chief Executive Officer of the company w.e.f. Monday, February 24. (Neutral)
*Shree Cement:* Company faces ₹41 crore GST demand over valuation, excess Input Tax Credit (Negative)