Shree Cement in focus on fund raising plan

Shree Cement said that the board meeting to be held on 19 October 2019 will also consider the raising of funds by way of issuance of equity shares, in one or more tranches, at such price or prices as may be permissible under applicable law by way of a qualified institutions placement. The announcement was made after market hours yesterday, 16 October 2019.

National Aluminium Company (Nalco) said that short supply of coal has severely impacted aluminium production of the company and also the cost of power, as the power purchased from the grid is costly as compared to the power produced by it at its CPP. The announcement was made after market hours yesterday, 16 October 2019.

Quess Corp has signed the Settlement cum Share Purchase Agreement with Trimax Smart Infraprojects (TSIPL) and Trimax IT Infrastructure and Services (Trimax IT). The announcement was made after market hours yesterday, 16 October 2019.

Edelweiss Financial Services informed that Kora Master Fund LP has received the approval of the Competition Commission of India for its proposed investments in Edelweiss Securities, a wholly owned subsidiary of the company. The announcement was made after market hours yesterday, 16 October 2019.

Zuari Agro Chemicals informed that the NPK Plant has been shut down due to non availability of raw material. The announcement was made after market hours yesterday, 16 October 2019.

Transformers and Rectifiers (India) has received orders for supply of transformers aggregating to Rs 158 crore. The announcement was made at fag end of the day's trading session yesterday, 16 October 2019.

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