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CE Info Systems

Promoter Rakesh Kumar Verma is likely to sell a 0.9% stake in the company via block deal, reports CNBC-Awaaz, quoting sources. The floor price of the deal is Rs 2,293.20 per share, with an offer size of Rs 114.6 crore.

Sanghi Industries
Promoter Ambuja Cements and Ravi Sanghi will sell up to a 3.52% stake in Sanghi via offer for sale on June 26-27. The floor price for the OFS has been fixed at Rs 90 per share.

UltraTech Cement

UltraTech Cement Middle East Investments Limited, the company's wholly-owned subsidiary in the UAE, has revised its offer to buy 1,25,039,250 shares of Ras Al Khaimah Co. for White Cement and Construction Materials PSC (RAKWCT), representing 25% of the share capital of RAKWCT, against the offer made for 1,58,049,610 shares (31.6% stake) earlier.

Mahindra & Mahindra Financial Services

Vivek Karve has resigned as Chief Financial Officer of M&M Financial Services and Financial Services Sector, as he decided to pursue personal, social, and professional interests beyond full-time employment.

Yes Bank

The lender said shareholders will consider raising funds via the issue of debt securities on August 23.

NTPC

The meeting of the Board of Directors of the company will be held on June 29 to consider the issue of non-convertible debentures (NCDs) up to Rs 12,000 crore, subject to approval of shareholders in the ensuing Annual General Meeting.

RattanIndia Enterprises

Vijay Nehra has resigned as the Chief Operating Officer (COO) of the company, effective June 24.

Adani Ports and Special Economic Zone

Sushant Kumar Mishra has ceased to be CEO-Logistics due to internal restructuring, effective June 25. Divij Taneja is appointed as CEO-Logistics from the same date.

Akme Fintrade India

The company will list its equity shares on the bourses in the trade-for-trade segment on June 26. The final issue price has been fixed at Rs 120 per share.

DEE Development Engineers

The company will make its debut on the bourses on June 26. The issue price has been fixed at Rs 203 per share.

SMC Global Securities

Shareholders have approved the re-appointment of Subhash Chand Aggarwal as the Chairman and Managing Director of the company for another term of 5 consecutive years, effective January 29, 2025.

GlaxoSmithKline Pharmaceuticals

The company has received an order from Maharashtra GST authorities, raising a GST demand worth Rs 71.65 crore for FY20, on premium charges paid to Thane Municipal Corporation in relation to land sale. The company says the order has no impact on GSK.

Zee Entertainment Enterprises

The National Company Law Tribunal (NCLT) has allowed the withdrawal of the implementation application for the composite scheme of arrangement with Sony.

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