Corporate Action

Balkrishna Inds

Balkrishna Industries will hold a meeting of the Board of Directors of the Company on 25 September 2021.


CESC announced that a proposal for issue of secured non-convertible debentures aggregating upto Rs. 400 crore, will be considered by a Committee of the Board of Directors of the Company at its meeting to be held on 28 September 2021.


Housing Development Finance Corporation has allotted 3,64,752 equity shares of Rs. 2 each of the Corporation under ESOP on 23 September 2021. Post the above allotment, the paid-up share capital of the Corporation is Rs. 36 I ,59,05,902 consisting of 180,79,52,951 equity shares of Rs. 2 each.

Larsen & Toubro

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has been bestowed with 3 Gold Awards by the American Society of Safety Professionals (ASSP - Kuwait Chapter) for exemplary performance in the field of Health, Safety a Environment (HSE) for projects in Kuwait.

The awards are part of the ASSP Gulf Cooperation Council HSE Excellence Awards 2021 and L&T Hydrocarbon has won Gold for both ongoing projects i.e., TL-5 (New 48" Crude Transit Line) and NSGEP (40" a 30" North Strategic Gas Pipeline) in the following categories:

- 4 HSE Excellence in the 'Sector' category
- Environment Excellence
- Management of Driving Safety

Mipco Seaml Ring

Mipco Seamless Rings (Gujarat) announced that the 41st Annual General Meeting (AGM) of the company will be held on 30 September 2021.


Vedanta announced its intention to delist its American depositary shares (ADSs) representing its equity shares from the NYSE and to terminate its ADS program. The Company also intends to deregister such ADSs and the underlying equity shares and terminate the reporting obligations pursuant to the U.S. Securities Exchange Act of 1934, as amended upon satisfying the relevant criteria. The Company intends to file a Form 25 with the SEC on or about 29 October 2021 to delist its ADSs from the NYSE.

Shree Cement

Shree Cement has received reaffirmation in credit ratings from CARE as under:

Commercial paper - CARE A1+
Long term bank facilities - CARE AAA; Stable
Short term bank facilities - CARE A1+
Issuer rating - CARE AAA (Is); Stable


Wipro has allotted 10,05,840 equity shares under ADS Restricted Stock Unit Plan 2004 on 22 September 2021 pursuant to exercise of ESOPs.


Acrysil has signed famous Bollywood celebrity ‘Vaani Kapoor' for new marketing campaign of its ‘Carysil' Brand. Under the ‘Carysil' brand, company sells lifestyle kitchen sinks and built-in appliances. The association of Vani Kapoor will help the company to strength its brand position and create a brand recall for lifestyle products among the youth.


Cholamandalam Investment & Finance Company has allotted 47,920 equity shares of Rs.2/] each to employees who have exercised their options under the employees stock option scheme.