*Manbro Industries:* Company appointed Mr. Sajan Jain as its Company Secretary, effective December 20, 2024. (Neutral)
*Uflex:* Company further acquires 8.26% stake in Amplus Phoenix Energy for Rs 5.43 Cr. (Neutral)
*Concord Control:* Company CFO Mayank Modi, Resigned on 20th Dec, 2024. (Neutral)
*Urja Global:* Company received a Care BB-; Stable issuer rating from CARE Ratings Limited on Dec 20, 2024. (Neutral)
*IDBI Bank:* Board meeting on Dec 31 to consider long term rupee bond borrowings up to Rs 100 billion from Domestic market for FY 2024-25 and FY 2025-26. (Neutral)
*AGI Greenpac:* Company to raise up to Rs 1,500 crore via preferential issue, QIP & other modes (Neutral)
*BPCL:* Company Buys Its First Argentinian Crude Oil Cargo, For Feb Arrival (Neutral)
*Reliance Ind:* Arm Reliance Digital Health enters into agreements to acquire 45% stake in US-based Health Alliance Group for $10 million. (Neutral)
*NHPC:* Company to invest Rs 5,500 cr in Bihar for Solar Energy and Green Hydrogen Projects. (Neutral)
*Piramal Enterprises:* Company board approves raising funds up to Rs 2,000 crore via QIPs in one or more tranches (Neutral)
*Adani Power:* Company is considering Rs 20,000 crore investment in a Bihar ultra-supercritical thermal power plant, potentially creating 13,500 jobs. (Neutral)
*AU Small Finance Bank:* Company gets RBI nod to reappoint Harun Rasid Khan as 'part-time' Chairman (Neutral)
*Muthoot Microfin:* Thomas Muthoot, MD of company hands over reins of Muthoot Pappachan Group to son Thomas Muthoot John. (Neutral)
*Axis Bank:* Company is introducing changes to its credit card fees, effective December 20, 2024 (Neutral)
*Hyundai Motor:* Company's board has approved and recommended the reappointment of Unsoo Kim as Managing Director. (Neutral)
*Kalpataru:* Company will consider prepayment of NCDs issued by the company on a private placement basis on December 24. (Neutral)
*Tata Steel:* Dutch regulators have threatened Tata Steel Netherlands with substantial fines and potential closure of a coke plant in IJmuiden. (Neutral)
*Zuari:* Company has issued a Letter of Comfort to ICICI Bank Limited in respect of the working capital term loan facilities aggregating to Rs. 300 million (Neutral)
*Refex:* Ministry of Corporate Affairs has approved the incorporation of wholly owned subsidiary of the Company in the name of, Venwind Refex Power Limited (Neutral)
*Canara Bank:* Canara Bank Tanzania Limited, a wholly owned subsidiary of Canara Bank has transferred its assets and liabilities to Exim Bank Tanzania Limited (Neutral)
*Rattan India:* Increase investment in Neorise Technologies from AED 1M to AED 5M. (Neutral)
*Insurance stocks:* GST Council defers decision on any tax change in insurance premiums including life & health (Neutral)
*Zomato/Swiggy:* GST matter on food delivery apps deferred (Neutral)
*Banco Products:* Fixes 30 Dec as record date for bonus issue (Neutral)
*PVR Inox:* GST Council recommends 5% GST on ready to eat popcorn mixed with salt & spices if not pre-packaged, 12% on pre-packaged and labelled, 18% on caramel popcorn (Neutral)
*Aviation stocks:* States not comfortable on bringing ATF under purview of GST (Neutral)
*Coforge:* Company completed the acquisition of a 54% stake in Cigniti technologies limited for rs 1,415 per share, expanding its IT services portfolio and global presence (Neutral)
*Cartrade:* 18% GST imposed on margin value of 2nd hand car sale (Negative)
*Orient Paper:* Company announced that Mr. Ashwin J. Laddha resigned as Managing Director & CEO, effective December 20, 2024. (Negative)
*Marico/ Bajaj Consumer:* Union Cabinet hikes milling Copra MSP to ₹11,582/Quintal. (Negative)
*Reliance Infra:* Company received an arbitral award, ruling in favor of Aravali Power Company Private Limited (APCPL) in an EPC contract dispute. (Negative)
*Uflex:* Company further acquires 8.26% stake in Amplus Phoenix Energy for Rs 5.43 Cr. (Neutral)
*Concord Control:* Company CFO Mayank Modi, Resigned on 20th Dec, 2024. (Neutral)
*Urja Global:* Company received a Care BB-; Stable issuer rating from CARE Ratings Limited on Dec 20, 2024. (Neutral)
*IDBI Bank:* Board meeting on Dec 31 to consider long term rupee bond borrowings up to Rs 100 billion from Domestic market for FY 2024-25 and FY 2025-26. (Neutral)
*AGI Greenpac:* Company to raise up to Rs 1,500 crore via preferential issue, QIP & other modes (Neutral)
*BPCL:* Company Buys Its First Argentinian Crude Oil Cargo, For Feb Arrival (Neutral)
*Reliance Ind:* Arm Reliance Digital Health enters into agreements to acquire 45% stake in US-based Health Alliance Group for $10 million. (Neutral)
*NHPC:* Company to invest Rs 5,500 cr in Bihar for Solar Energy and Green Hydrogen Projects. (Neutral)
*Piramal Enterprises:* Company board approves raising funds up to Rs 2,000 crore via QIPs in one or more tranches (Neutral)
*Adani Power:* Company is considering Rs 20,000 crore investment in a Bihar ultra-supercritical thermal power plant, potentially creating 13,500 jobs. (Neutral)
*AU Small Finance Bank:* Company gets RBI nod to reappoint Harun Rasid Khan as 'part-time' Chairman (Neutral)
*Muthoot Microfin:* Thomas Muthoot, MD of company hands over reins of Muthoot Pappachan Group to son Thomas Muthoot John. (Neutral)
*Axis Bank:* Company is introducing changes to its credit card fees, effective December 20, 2024 (Neutral)
*Hyundai Motor:* Company's board has approved and recommended the reappointment of Unsoo Kim as Managing Director. (Neutral)
*Kalpataru:* Company will consider prepayment of NCDs issued by the company on a private placement basis on December 24. (Neutral)
*Tata Steel:* Dutch regulators have threatened Tata Steel Netherlands with substantial fines and potential closure of a coke plant in IJmuiden. (Neutral)
*Zuari:* Company has issued a Letter of Comfort to ICICI Bank Limited in respect of the working capital term loan facilities aggregating to Rs. 300 million (Neutral)
*Refex:* Ministry of Corporate Affairs has approved the incorporation of wholly owned subsidiary of the Company in the name of, Venwind Refex Power Limited (Neutral)
*Canara Bank:* Canara Bank Tanzania Limited, a wholly owned subsidiary of Canara Bank has transferred its assets and liabilities to Exim Bank Tanzania Limited (Neutral)
*Rattan India:* Increase investment in Neorise Technologies from AED 1M to AED 5M. (Neutral)
*Insurance stocks:* GST Council defers decision on any tax change in insurance premiums including life & health (Neutral)
*Zomato/Swiggy:* GST matter on food delivery apps deferred (Neutral)
*Banco Products:* Fixes 30 Dec as record date for bonus issue (Neutral)
*PVR Inox:* GST Council recommends 5% GST on ready to eat popcorn mixed with salt & spices if not pre-packaged, 12% on pre-packaged and labelled, 18% on caramel popcorn (Neutral)
*Aviation stocks:* States not comfortable on bringing ATF under purview of GST (Neutral)
*Coforge:* Company completed the acquisition of a 54% stake in Cigniti technologies limited for rs 1,415 per share, expanding its IT services portfolio and global presence (Neutral)
*Cartrade:* 18% GST imposed on margin value of 2nd hand car sale (Negative)
*Orient Paper:* Company announced that Mr. Ashwin J. Laddha resigned as Managing Director & CEO, effective December 20, 2024. (Negative)
*Marico/ Bajaj Consumer:* Union Cabinet hikes milling Copra MSP to ₹11,582/Quintal. (Negative)
*Reliance Infra:* Company received an arbitral award, ruling in favor of Aravali Power Company Private Limited (APCPL) in an EPC contract dispute. (Negative)