Indian Hotels Co has infused US$ 11.5m as equity in its wholly owned subsidiary in Netherlands i.e. IHOCO BV on September 25, 2023. The investment amount will be used by IHOCO BV to further make investment in its subsidiary viz. United Overseas Holding Inc in USA to repay its debt & for other operational purposes.

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Kirloskar Pneumatic Company has allotted 20,000 equity shares under ESOP on 25 September 2023. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs. 12,93,49,780 comprising of 6,46,74,890 Equity Shares of Rs. 2/- each.

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Max Financial Services will hold a meeting of the Board of Directors of the Company on 31 October 2023.

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Shree Cement has allotted 70,000 secured, rated, redeemable, taxable, non-convertible debentures (NCDs) having face value of Rs.1 lakh each for cash at par aggregating to Rs. 700 crore on private placement basis.

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Wipro will hold a meeting of the Board of Directors of the Company on 18 October 2023.

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Finolex Industries has received affirmation in the long term rating at IND AA+; Stable and short term rating at IND A1+ from India Ratings and Research.

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Apar Industries will hold a meeting of the Board of Directors of the Company on 28 September 2023.

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Vama Industries will hold a meeting of the Board of Directors of the Company on 2 October 2023.

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Samvardhana Motherson International has received affirmation / assignment of credit ratings from CRISIL as under:

Long term rating - CRISIL AA+/Positive (Outlook revised from ‘Stable'; Rating Reaffirmed)

Short term rating - CRISIL A1+ (Reaffirmed)

Rs.1500 Crore Non convertible debentures - CRISIL AA+/Positive (Assigned)

Corporate credit rating - CRISIL AA+/Positive (Outlook revised from ‘Stable'; Rating Reaffirmed)

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Royal Cushion Vinyl Products announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 25 October 2023 .

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