Easy Trip Planners

Promoter Nishant Pitti is likely to sell up to an 8.5% stake, or 15 crore equity shares, in Easy Trip via block deals, according to sources. The floor price per share is expected to be Rs 38, with a total transaction value of nearly Rs 580 crore. Nishant Pitti held a 28.13% stake in Easy Trip at the end of June 2024.

KEC International

The RPG Group company launched its Qualified Institutions Placement (QIP) issue on September 24. The floor price has been fixed at Rs 976.64 per share.

Multi Commodity Exchange of India

The commodity exchange has revised transaction fees for Futures and Options contracts effective October 1, with fees of Rs 2.1 per lakh of turnover value for Futures contracts, and Rs 41.8 per lakh of premium turnover value for Options contracts.

PC Jeweller

The board will meet on September 30 to consider an alteration in the share capital of the company by sub-dividing or splitting the existing equity shares having a face value of Rs 10 each. In the same meeting, the board will also consider the appointment of new directors, if any.

Zee Media Corporation

The board will meet on September 27 to consider raising funds through the issuance of permissible instruments or securities, in one or more tranches, via private placement, qualified institutional placement, preferential issue, or any other method.

Delta Corp

The board has approved the demerger of the company’s hospitality and real estate business via a Composite Scheme of Arrangement.

HDFC Life Insurance Company

The board will meet on September 27 to approve the commercial terms for the proposed issuance of non-convertible debentures (NCDs). In July, the board had approved raising funds through the issuance of NCDs up to Rs 2,000 crore in one or more tranches, on a private placement basis.

Tata Power Company

The company reported a fire incident in the control room of Unit No. 5 (a 500 MW unit) of the Trombay Plant on September 23. The cause of the fire is currently under investigation, and no injuries or loss of life have been reported. The company is in the process of assessing the actual damage caused by the fire. The plant is adequately insured.

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