Vedant Fashions, Tech Mahindra, Burger King in focus

Image
Capital Market
Last Updated : Feb 16 2022 | 9:04 AM IST

Vedant Fashions: Shares of the celebration wear maker will debut on the bourses today. The final issue price has been fixed at Rs 866 per share.

Tech Mahindra: The wholly owned subsidiary of the company viz., Tech Mahindra (Singapore) Pte. has approved the proposal to acquire 80% equity shares in Geomatic.ai Pty for a consideration of A$6m.

Burger King India: The company has closed its qualified institutional placement issue and finalised the issue price at Rs 129.25 per share, a discount of 5% to the floor price of Rs 136.05 per share.

Torrent Power: The company has completed transaction of acquisition of 100% equity share capital of Visual Percept Solar Projects Private Limited.

Wheels India: Ratings agency ICRA has downgraded its long term rating for bank lines to 'A-', from 'A' earlier while keeping outlook stable. The rating agency also downgraded its short term rating for bank lines to 'A2+', from 'A1' earlier.

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: Feb 16 2022 | 8:45 AM IST

Next Story