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RIL, Sona BLW, Shyam Metalics to be watched – Business Standard

Shares of Reliance Industries (RIL) will be in focus. RIL will conduct its 44th AGM virtually today, 24 June 2021, at 14:00 IST. The oil-to-telecom conglomerate may reportedly make announcements across its telecom, retail and O2C businesses.

Shares of Sona BLW Precision Forgings will debut on the bourses today, 24 June 2021. The IPO of Sona BLW Precision Forgings was subscribed 2.33 times at a price band of Rs 285-291 per share.

Shares of Shyam Metalics & Energy will debut on the bourses today, 24 June 2021. Shyam Metalics’ IPO was subscribed over 121 times at a price band of Rs 303-306 apiece.

Apollo Hospitals Enterprise on Wednesday announced the creation of India’s largest omni-channel healthcare platform called ‘Apollo HealthCo’ by merging its online and offline pharmacies and telemedicine businesses through slump sale.

Piramal Enterprises said the board of directors of the company will be held on Monday, 28th June, 2021, to consider and approve the issue of Secured, Rated, Listed Redeemable Principal Protected Market Linked Non-Convertible Debentures up to Rs. 100 crores along with an option to retain oversubscription up to Rs. 900 crores, the total size aggregating up to Rs. 1,000 crores on private placement basis.

Orchid Pharma said that promoter Dhanuka Laboratories proposed to sell 32,80,115 equity shares, representing 8.04% of total paid-up equity via offer for sale, on June 24 and June 25. The floor price for the sale is Rs 375 per share.

UCO Bank said the board of directors of the bank approved the proposal for raising of Tier II capital upto Rs.500 crore.
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