SBI, HDFC, Deepak Nitrite in focus

Image
Capital Market
Last Updated : Dec 15 2021 | 9:04 AM IST

SBI said that the Executive Committee of Central Board of the bank has accorded approval for exploring possibilities to offload 6% stake of the bank in SBI Funds Management Private Limited through IPO route.

HDFC said it has invoked 50 lakh shares pledged by Ansal Housing to recover its dues from the company.

Deepak Nitrite said that the meeting of the board of directors of the company is scheduled on 22 December 2021 to consider and approve raising of funds.

Mold-Tek Packaging said the company has launched QIP issue yesterday, 14 December 2021 and approved the floor price of Rs 722.40 per share for the QIP.

Aptus Value Housing Finance India said that the credit ratings agency ICRA had upgraded the company's long-term rating to '[ICRA] AA- (Stable)' from '[ICRA] A+ (Stable)'.

Sandhar Technologies has inaugurated its manufacturing facility at Nalagarh, Himachal Pradesh for manufacturing of sheet metal components.

GR Infraprojects said the project "Development of Purvanchal Expressway (Package-IV) from Sidhi Ganeshpur to Sansarpur in Uttar Pradesh on EPC basis" has been provisionally completed.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2021 | 8:54 AM IST

Next Story