Stocks in news: Embassy REIT, Nippon AMC, BPCL, Apollo Tyres
Embassy REIT
Global private equity firm Blackstone Group plans to sell its entire stake in Embassy Office Parks REIT through a mega block deal on Wednesday, according to news reports
Tech Mahindra
Mohit Joshi assumed the office of Managing Director and CEO of the company effective December 20.
Nippon AMC
IndusInd Bank is likely to sell up to 2.86% equity in Nippon AMC through block deals on Wednesday, according to reports.
Read more: Here's the trading setup for today's session
Glenmark Life
The Competition Commission of India has approved the acquisition of majority shareholding of Glenmark Life Sciences by Nirma.
BPCL
The Board has approved a proposal for setting up Polypropylene (PP) unit, for production of Polypropylene at Kochi refinery at gross project cost of Rs 5044 crore.
Apollo Tyres
Global private equity major Warburg Pincus on Tuesday sold a 4.5% stake in leading tyre manufacturer Apollo Tyres for Rs 1,281 crore through multiple block deals.
Varun Beverages
The company has signed a memorandum of understanding with the Jharkhand government for its proposed manufacturing plant in Patratu with a total capital outlay of Rs 450 crore.
