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BIG BREAKING :

TCS becomes the First Indian LISTED Company to receive 10,00,000 Applications in Buyback


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GOOD MORNING
STOCK ON RADAR !

Companies whose promoters bought shares from open market in the last few days

- Hatsun Agro
- Confidence Petroleum
- Nuvoco Vistas (continuous buying)
- Shakti Pumps
- Vaibhav Global
- Alembic
- Bajaj Holding
- Shakti Pumps
- Sudarshan Chemicals


+ve Developments in these scrips, keep an eye with view of Long Term Investments 🤑🤑🤑
Ruchi Soya: The company raised Rs 1289.80 crore through anchor investors. 46 anchor investors were allotted 1.98 crore issue price of Rs 650.

The FPO for retail investors will start from today onwards, Retail investors can bid for FPO if they are eligible for same !!!
Indian BOUGHT Russian Crude Oil via IOC at deep discounts !

— Media Reports
IRCTC: The company has extended Rajni Hasija’s term as CMD till July 31, 2022.
Filatex India: The company will consider buyback of equity shares on March 29.
BREAKING NEWS
BREAKING NEWS :

TCS Buyback closed for bidding yesterday,
Buyback issue was subscribed 7.5x Times

Record 10 Lakh Applications were recieved for buyback !
Good Morning
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5_6188277811669632001.pdf
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5_6188277811669632001.pdf
Edelweiss Securities gives a BIG BANG target of 450 Rs. For ITC !

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STOCK TO WATCH
BIG BREAKING :
PVR Cinemas & INOX Leisure announced BIG MEGA MERGER !!!



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PVR - INOX MERGER DETAILS !
Mr. Siddharth Jain
Director, INOX Leisure


On PVR-INOX MERGER
PVR - INOX MERGER DETAILS :

This PVR-INOX Merger To Create Network Of 1500+Screens !

Post the merger, PVR promoters will have 10.62% stake & INOX promoters 16.66% stake in the combined entity

Branding of existing screens to continue as #PVR & #INOX respectively

New cinemas opened post
merger will be branded PVR INOX
PVR-INOX ANNOUNCE MERGER RATIO :

Merger Ratio will be 3 Shares of PVR for Every 10 Shares of INOX

At CMP (Closing of Friday, 25/03/2022)

3 shares of PVR = 5481
10 shares of Inox = 4700

Ratio at 14% discount to PVR’s CMP !

Both are likely to show BIG JUMP On Monday !!!
INOX and PVR are merging together to form biggest multiplex company in India with 1500+ screens.🤯

• INOX 675 Screens
• PVR 871 Screens

Everyone who owns 10 shares of INOX will get 3 shares of PVR post merger.

The merger will happen after the approval of SEBI.
Good Morning