Ola Electric: Promoter Bhavish Aggarwal could sell additional shares in open market to bring down stake to 34-35% from 36.78% as of September ended quarter, sources told NDTV Profit. Post this, there won’t be any pledged shares by the promoter in Ola Electric. Promoters sold 6.82 crore shares in the last 2 days’ worth Rs 234 crore.
Jio Financial Services: Board appointed Venkata Peri as Group COO effective December 22.
MCX: Board fixed Jan 2, 2026, as record date for 1:5 stock split.
IIFL Finance: Board to meet on Dec. 22 to consider fundraising up to Rs 10,000 crore via NCDs.
One 97 communication: RBI authorized arm Paytm payment services to operate as payment aggregator for physical payments.
DLF: Arm DLF Cyber City developers to raise funds worth Rs 1,000 crore via NCDs.
Marico: The company extends time to purchase the remaining 40% stake in Satiya Nutraceuticals by 12 months.
Indian Overseas Bank: The company to exercise oversubscription option of 7.6 crore shares. The total offer size now is 46.1 crore shares versus 38.5 crore shares earlier.
Maruti Suzuki: NCLAT deferred today’s hearing for August 2021 case, next date will be notified. Case relates to CCI order/penalty issued in August 2021 against the company.
Astrazeneca Pharma: CDSCO grants permission to import, sell & distribute datopotamab deruxtecan powder in India. Datopotamab Deruxtecan Powder is used to treat breast cancer in adults.