Stocks that are likely to record significant movement on bourses today
Suzlon Energy: The company’s bank facilities/debt instruments have undergone restructuring and there has been a significant change in the repayment terms, at the request of the company. CARE Ratings Limited has withdrawn the ratings assigned to the said facilities (which now stands restructured) with effect from March 8, 2021.
Hatsun Agro Products: In response to a query seeking clarification in investment required and mode of financing for the company’s manufacturing facility at Solapur, the company has clarified that the investment required is Rs 130 crore, and the mode of financing is an internal accrual/term loan.
PFC: The company has informed that March 22, 2021 shall be reckoned as the record date for the purpose of ascertaining the eligibility of shareholder of interim dividend if any declared by the board in its meeting, scheduled to be held on March 12, 2021.
Sterlite Technologies: The company announces addition of JS Deepak to its board of advisors.
Magma Fincorp: The company announces shareholders' approval for the acquisition of controlling stake by Rising Sun Holdings Pvt Ltd through preferential issue.
Infosys: Up to US $223 billion of the world’s top 100 brands’ value could be at risk from a data breach, finds Infosys-Interbrand study.
SastaSundar Ventures: The company announced its further entry into the domain of preventive wellness. In this endeavour, the Indian organisation has associated itself with Asics (Japan-based leading sports footwear & apparel MNC).
AU Small Finance Bank: The bank has received an intimation from Uttam Tibrewal, whole-time director of the bank regarding his intention to sell up to 10,00,000 shares of the bank due to his personal commitments.