Vedanta Limited Company has to face Problems due to Covid-19

Vedanta ltd

On March 30th, Vedanta Limited intimate to stock exchanges Pursuant to Regulation 30 of the Listing Regulations, please note that in the wake of the novel Coronavirus (COVID-19) outbreak across the Globe, there are various advisory directives issued by the Central / State Governments and Municipal Authorities in India to prevent and contain the spread of COVID-19. The Company and its subsidiaries have been taking various precautionary measures to ensure the safety and well-being of all our employees and stakeholders. While most of our operations are ‘essential’ or ‘continuous’ in…

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Axis Bank allotted 3,600 equity shares

Axis Bank

the Axis Bank has allotted 3,600 equity shares of Rs. 2/- each of the Bank on 30th March 2020, pursuant to the exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 564,33,48,668 (282,16,74,334 equity shares of Rs. 2/- each) to Rs. 564,33,55,868 (282,16,77,934 equity shares of Rs. 2/- each). On 30 March, Today Share of Axis Bank Ltd closed in NSE at Rs.368.20 as compared to the previous close of Rs. 359.75. AXISBANK Share price is approx 2.35%…

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Hero Group has pledged Rs 100 Crore TOWARDS COVID-19 RELIEF EFFORTS

Hero Motocorp group pawan munjal

The Hero Group has pledged Rs 100 Crore as an aid for the ongoing COVID-19 relief-efforts in India. Half of this sum, Rs 50 Crore, will be contributed to the PM-Cares Fund and the remaining Rs 50 crore will be spent in other relief efforts. The Hero Group has pledged Rs 100 Crore as an aid for the ongoing COVID-19 relief-efforts in India. Half of this sum, Rs 50 Crore, will be contributed to the PM-Cares Fund and the remaining Rs 50 crore will be spent in other relief efforts.…

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The Federal Bank Limited to invest Rs. 148 crores in Fedbank Financial Services Ltd

Federal Bank

The Board of directors of The Federal Bank Limited has approved an investment of Rs.148 Crores in subsidiary – Fedbank Financial Services Limited (FFSL) through a rights issue. Objective of the Rights issue is to infuse regulatory capital in the firm. This is more than 5% of the Post issue Paid-up Capital of FFSL. Fedbank Financial Services Ltd is a subsidiary of The Federal Bank Limited (Bank holds 74% stake). Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.40.7 as compared to the previous close of Rs.…

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Gujarat Gas Limited appointed Shri Sandeep Daveas Company Secretary

Gujrat Gas ltd

On 30th March, Gujarat Gas Limited has approved the appointment of Shri Sandeep Dave as Company Secretary Compliance Officer and Key Managerial Personnel of the Company w.e.f. 30 March 2020. Sandeep Dave Profile: Mr. Sandeep Dave (FCS7443), Group General Manager is a fellow member of ICSI and a law graduate. He has a corporate experience of approx 20 years. He has handled various assignments of GSPC group of companies including the public issue of GSPC Group Company as a compliance officer, implementation of the corporate governance framework, the scheme of merger…

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Max Ventures and Max Specialty Films Ltd are working to prevent COVID-19

Max_Ventures_Industries-ltd

Max Ventures and Industries Limited informed the stock exchanges that in view of the Government Directives to prevent and contain the spread of Corona Virus (COVID 19), the plant of our subsidiary company Max Speciality Films Ltd. is working partially. Being a supplier to the essential industry of FMCG, we continue to operate our plants and are following the highest standards of safety protocols. The Company will continue to assess the situation and will consider full resumption of regular business operations at an appropriate time or till further orders from…

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Asian Paints ltd commited Rs. 35 crores towards Coronavirus Relief (Covid-19)

Asian Paints ltd

Asian Paints has today committed Rs. 35 crores towards the Covid-19 Relief Fund. The contribution will be made to the Central as well as other Emergency Relief State funds to combat the Covid-19 pandemic. “As a socially responsible company, Asian Paints is committed to providing necessary support towards various relief measures announced by the government to combat Covid-19,” said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited. Also Read: Alkem Laboratories LTD contributes 7 Crore Rupees to the PMCARES “We will continue to work with various Government bodies to aid…

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Manappuram Finance Limited provide uninterrupted service through Online Gold Loan “OGL”

Manappuram Finance ltd

Manappuram Finance Limited submit a letter to stock exchanges and says In compliance with the Government of India’s order dated March 24, 2020, all our branches, Regional Offices, Corporate Offices & Head Office have been closed for 21 days or until further order of the Government. Employees will continue to work from home. Company Says We will provide our uninterrupted service through Online Gold Loan “OGL” and our loan customers have various options for making repledge, interest and principal payments without having to walk into our branches. We are closely…

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HCL Technologies COVID-19 Status update

HCL Technolofies - HCL Share

  HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and had invoked its Business Continuity Plan and Risk Management Framework quite early to minimize the impact on its employees and clients. The situation arising out of this outbreak and its rapid spread across the world is unprecedented and is extremely dynamic. The economic impact is visible with varying degrees of intensity across multiple countries where we operate. HCL Technologies COVID-19 Status update HCL has had a well-defined and structured pandemic policy in place which is…

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