| Kesoram Inds. |
| The Board of Kesoram Industries will meet on 30 November 2023 to consider withdrawal of the company's proposed scheme of arrangement of May 2022 with its wholly owned subsidiary, Cygnet Industries. The Board will also consider options for repayment of existing NCDs. |
| Tata Motors |
| Tata Motors announced that Tata Technologies in consultation with book running lead managers to the IPO, has finalised the offer price (including the anchor investor offer price) at Rs 500 per equity share of face value of Rs 2 each.
Accordingly, the size of IPO aggregates to Rs 3042.51 crore, comprising of an offer for sale of 4,62,75,000 equity shares by the Company amounting to Rs 2313.75 crore, 97,16,853 equity shares by Alpha TC Holdings amounting to Rs 485.84 crore and 48,58,425 equity
shares by Tata Capital Growth Fund I amounting to Rs 242.92 crore, subject to finalization of basis of allotment. |
| Dynamatic Tech. |
| Dynamatic Technologies announced the successful completion of the First
Delivery of the Airbus A220 Escape Hatch Door produced in Dynamatic's facilities to Airbus Atlantic. Escape Hatch Door is integrated into the Airbus Atlantic's A220 Nose Fuselage produced in Mirabel, Canada.
The completion of this milestone marks an important step in the development and manufacturing process of this critical component for the Airbus A220 aircraft. Dynamatic has worked closely with Airbus Atlantic to ensure that the escape hatch door meets the highest quality standards and adheres to the stringent safety requirements of the aviation industry.
The handover ceremony took place at Dynamatic's state-of-the-art facility in Bengaluru, India. |
| Vardhman Textile |
| Vardhman Textiles announced that Dr. Parampal Singh
(DIN: o7995388) will cease to be an Independent Director of the Company upon completion of his second term of appointment at the end of 26 November 2023.
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| Sharp India |
| Sharp India will hold a meeting of the Board of Directors of the Company on 27 November 2023. |