Zomato, Paytm
The Board of Zomato approved a share purchase and subscription agreement with Paytm operator One 97 Communications to acquire its entertainment and ticketing business.
Coal India
Coal India said it is actively pursuing acquisition of critical minerals, including lithium, in the domestic market and overseas and stressed that it would continue to take part in the auction of such blocks.
Zen Technologies
Zen Technologies has launched a qualified institutional placement (QIP) with the issue size at Rs 800 crore.
BEML
State-owned BEML signed a strategic memorandum of understanding (MoU) with the Directorate of Marine Engineering of the Indian Navy to develop advanced marine applications for defence.IREDA
Indian Renewable Energy Development Agency (IREDA) will consider raising funds up to Rs 4,500 crore via FPO/ QIP/rights issue/ preferential issue/ or other modes on August 29.
Welspun Enterprises
Welspun Enterprises arm Welspun Michigan Engineers gets letter of acceptance (LoA) for a project worth Rs 159.75 crore from BMC.
Alkem Laboratories
Promoter likely to sell 0.7% stake of Alkem Laboratories through block deals. The floor price is set at Rs 5,616, at a 3% discount to CMP, according to reports.
India Grid Trust
Sponsor, Esoteric II Pte to sell 17.32% stake of India Grid Trust through an offer for sale (OFS). The floor price was fixed at Rs 132 per share
Cyient
Promoter Cyient Ltd on Wednesday sold a partial stake in its listed subsidiary Cyient DLM through block deals. According to exchange data, Cyient has offloaded about 1.14 crore shares of 14.5% stake in the company
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