Lisl News Desk - Lakshmishree News

Torrent Pharma Shares Dip After CDSCO Flags Shelcal 500 in Quality Test

Torrent Pharmaceuticals’ shares opened slightly lower on September 27 after the Central Drug Standards Control Organisation (CDSCO) reported that Shelcal 500, one of its popular calcium supplements, failed a quality test. Torrent Pharma refuted the findings, asserting that they did not manufacture the batch of Shelcal 500 flagged by CDSCO and is “spurious.” The company […]

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Shivalik Bimetal Sees Rs 500 Crore Block Deal with 81.8 Lakh Shares Traded

Lisl News Desk / Indian Market

On September 27, a block deal involving 81.8 lakh shares of Shivalik Bimetal Controls worth Rs 500 crore was executed at a floor price of Rs 611 per share, which represents a near one percent discount from the previous closing price. Details regarding the buyers and sellers involved in the deal are yet to be

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IT Services Provider Mouri Tech Files for Rs 1,500-Crore IPO with SEBI

Lisl News Desk / Indian Market

Mouri Tech, an IT solutions and services provider, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 1,500 crore. The IPO will include a fresh issue of equity shares valued at Rs 440 crore and an offer-for-sale (OFS) worth Rs 1,060 crore by

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Allcargo Gati announces 10% General Price Increase from January 1, 2025; shares rise 3%

Lisl News Desk / Indian Market

Logistics firm Allcargo Gati Ltd (formerly Gati Ltd) on September 26 announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. “This is the first price revision since Allcargo Logistics Limited’s strategic acquisition of Gati in 2019, driven by the necessity to align pricing with ongoing operational

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Krsnaa Diagnostics Rises 4% on Plans to Acquire 23.53% Stake in Apulki Healthcare

Lisl News Desk / Indian Market

Shares of Krsnaa Diagnostics surged 4 percent on September 26, following the company’s announcement to acquire a 23.53 percent stake in Apulki Healthcare, a start-up focused on oncology and cardiology services. This acquisition will grant Krsnaa exclusive rights to provide diagnostic services in partnership with Apulki Healthcare. Apulki Healthcare, founded in 2022, operates under a

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EaseMyTrip Shares Drop 6% as Promoter Offloads 2.6% Stake in Rs 176.5 Crore Block Deal

Lisl News Desk / Indian Market

Shares of EaseMyTrip (Easy Trip Planners Ltd) fell over 6 percent on September 25 after a block deal worth Rs 176.5 crore was executed on the exchanges. Around 4.6 crore shares, representing a 2.6 percent stake, were traded at a floor price of Rs 38 per share, slightly below the previous closing price. Following the

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Delta Corp Soars 8% After Announcing Demerger of Hospitality and Real Estate Units

Lisl News Desk / Indian Market

Shares of Delta Corp surged over 8 percent on September 25 after the company announced a major restructuring plan. The board of the gaming and hospitality firm has approved the demerger of its Hospitality and Real Estate businesses into a newly established entity, Delta Penland Private Limited (DPPL). Delta Corp currently operates in multiple segments,

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Bombay High Court Rejects Hindustan Unilever’s Appeal Against Rs 962.75 Crore Tax Demand

Lisl News Desk / Indian Market

The Bombay High Court has dismissed Hindustan Unilever Ltd’s (HUL) appeal against an August 2024 Assessment Order that imposed a tax demand of Rs 962.75 crore. The company announced the development on September 24. The tax demand was raised against HUL for non-deduction of Tax Deducted at Source (TDS) while making remittance payments related to

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Swiggy’s IPO Receives SEBI Approval, Public Launch Anticipated by November

Lisl News Desk / Indian Market

Food and grocery delivery giant Swiggy has cleared a major regulatory hurdle by securing approval from the Securities and Exchange Board of India (SEBI) after confidentially filing its draft IPO documents. This brings Swiggy a step closer to its much-anticipated public offering, sources familiar with the matter have confirmed. “Following the approval via the confidential

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Author name: Lisl News Desk