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GLENMARM TRADE 24 TO 55+++ MOVE


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GLENMARM TRADE 24 TO 55+++ MOVE


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M&M 60 TO 75 DONE SAFE EXIT


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FUTURE TRADE

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Adani Enterprises

The Management Committee of the company has approved the public issuance of non-convertible debentures amounting to up to Rs 400 crore, with an option to retain over-subscription up to Rs 400 crore, aggregating up to Rs 800 crore.

Polyplex Corporation

The board has approved the re-appointment of Pranay Kothari as Whole Time Director, designated as Executive Director of the company, for three years, effective September 7.

Uno Minda

Ramesh KS has been appointed as Chief Executive Officer (CEO) for ECS-2 Domain of the company, effective August 17. He will report to Nirmal K. Minda, Chairman and Managing Director of the company.

Samvardhana Motherson International

The company’s subsidiary, Samvardhana Motherson Innovative Solutions, has acquired a 34% stake in Motherson Auto Solutions from Sojitz Corporation. Following the acquisition, Motherson Auto Solutions has become an indirect wholly-owned subsidiary of the company.

Bank of Maharashtra

The Reserve Bank of India has imposed a monetary penalty of Rs 1.27 crore on Bank of Maharashtra for non-compliance with certain directions issued by the RBI on ‘Loan System for Delivery of Bank Credit,’ ‘Cyber Security Framework in Banks,’ and ‘Know Your Customer.’

Poonawalla Fincorp

The Reserve Bank of India has imposed a monetary penalty of Rs 10 lakh on Poonawalla Fincorp for non-compliance with certain provisions related to the Fair Practices Code for NBFCs.

Mphasis

The board appointed Aravind Viswanathan as the Chief Financial Officer of the company with immediate effect, following the resignation of Manish Dugar as the Chief Financial Officer.

Hindustan Zinc

Promoter Vedanta has decided to exercise the oversubscription option in the offer-for-sale of Hindustan Zinc to the extent of 1,21,65,562 equity shares (representing 0.29% of paid-up equity share capital). This is in addition to 5,14,40,329 equity shares (1.22% stake) forming part of the base offer size. Accordingly, the total offer size will be up to 6,36,05,891 equity shares (1.51% stake), of which 63,60,590 equity shares of the offer would be reserved for allocation to retail investors on August 19.
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⚜️BUY POLYCAB 6800 PE ABOVE 225


🎯 Target --265-290-320


Sl 196

WAIT FOR HIT cmp 220

DO NOT BUY EARLY