| Escorts Kubota |
| Escorts Kubota will hold a meeting of the Board of Directors of the Company on 9 May 2024. |
| Setco Automotive |
| Setco Automotive has revised the meeting of the Board of Directors which was scheduled to be held on 17 April 2024. The meeting will now be held on 18 April 2024. |
| Ambuja Cements |
Ambuja Cements announced that the Adani family has fully subscribed to the warrants program in the Company by further infusing Rs 8,339 crore thereby infusing total amount of Rs 20,000 crore. Adani family have increased their stake in the Company by further 3.6% to 70.3%. This follows, the investment of Rs 5,000 crore on 18 October 2022 and Rs 6,661 crore on 28 March 2024, which was for part issuance of the shares.
The funds infusion will be instrumental to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical. Further, it shall also enable various strategic initiatives including debottlenecking capex to enhance operational performance, as well as bringing efficiencies across resources, supply chain. This shall also drive innovation and product enhancement through advanced technology integration for better service offerings to tap the growing requirements of the sector driven by the growth in the Indian economy. |
| Indian Hotels Co |
| Indian Hotels Company will hold a meeting of the Board of Directors of the Company on 24 April 2024. |
| Permanent Magnet |
| Permanent Magnets has received upgrade in credit ratings from Acuite Ratings and Research for banking facilities availed by the company as under:
Long term rating - ACUITE BBB-; Stable
Short term rating - ACUITE A3 |