Stocks in news: Mamaearth, JSW Infra, Max Financial, HCL Tech, DCB Bank
Mamaearth
Venture capital fund Fireside Ventures Investment Fund plans to sell a partial stake in Mamaearth parent Honasa Consumer through block deals on Tuesday, according to reports.
Read more: Here's the trade setup for today's session
JSW Infra
JSW Infrastructure, India’s second largest commercial port company, has signed a share purchase agreement with SP Port Maintenance, a Shapoorji Pallonji Group company, to acquire majority shareholding of PNP Maritime Services (PNP Port).
Max Financial
Analjit Singh has resigned as Chairman of Max Life Insurance, the material subsidiary of the Max Financial Services.
Bank of India
Bank of India is likely to launch qualified institutional placement of Rs 3500-4000 crore, CNBC TV18 reported.
HCL Tech
HCL Tech arm HCL UK to sell 49% stake in joint venture to State Street for $170 million plus net book. The transaction is expected to be completed in the second calendar quarter of 2024.
DCB Bank
DCB Bank to consider fund infusion by promoter Aga Khan on December 8.
Holder Aga Khan fund proposed to invest $10 million equity.
M&M Financial
In November 2023, the overall disbursement was estimated at Rs 5,300 crore, delivering a 16% growth over previous year. The YTD November 2023 disbursements at about Rs 36,000 crore registered a growth of 16% YoY.
