Dhanlaxmi Bank rights issue price set at ₹21 per share – Check full details

The Thrissur-based gold lender has set the price of the rights issue at ₹21 per share. It will open on January 8, 2025 and close on January 28, 2025.

The Thrissur-based gold lender has set the price of the rights issue at ₹21 per share. It will open on January 8, 2025 and close on January 28, 2025.

KPI Green Energy has fixed January 3 as the record date to determine shareholders eligible for its 1:2 bonus issue. The company’s shares have surged 56.1% year-to-date.

Hyundai Motor India is set to become the first Indian carmaker to source locally produced battery cells for its electric vehicles. The company has partnered with Exide Energy Solutions.

Flipkart reportedly plans to shift its domicile from Singapore to India to simplify compliance, align with Indian regulations, and prepare for an IPO within 12-18 months. Valued at $36 billion, the company reported a ₹17,907 crore revenue in FY24.

JK Cement has won the Mahan coal block in Madhya Pradesh, marking its second successful bid under the commercial coal block e-auction. Shares dipped 0.83%, closing at ₹4,580.70 apiece.

Shares of AU Small Finance Bank closed 1.6% lower at ₹549.60 on Thursday, ahead of the announcement of the reappointment.

InterGlobe Aviation Limited has approved a $43 million inter-corporate loan to its wholly owned subsidiary, IndiGo IFSC, to fund aircraft acquisitions.

Employees of DAM Capital Advisors aggressively bid for shares in the company’s IPO, which opened on December 19, 2024. The employees’ category was subscribed more than six times on day one.

Market participants are keeping an eye on Bank of England policy meeting and Q3 US GDP numbers due later on Thursday.

Accenture shares rose 5% in premarket as the company raised its FY25 revenue guidance to 4-7% in local currency, up from the previous range of 3-6%.