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Stock Market Snapshot 29 June 2024

Start Your Day Right: Quick, Short, and to the Point - Your Daily Morning Stock Market Snapshot

By Alankrita Shukla

6/29/20241 min read

Stock market snapshot 29 June 2024
Stock market snapshot 29 June 2024

Star Housing Finance: Mr.Ashish Jain has tendered His resignation from the position of Chairman & Managing Director of the Company with effect from Close of business hours on 30.06.2024.

Signpost India: Mr. Naren Suggula, Chief Financial Officer and Key Managerial Personnel has resigned & from the services of the Company.

Tata Steel: The debt instruments aggregating to USD 564.8 million held by the Company in T Steel Holdings Pte. Ltd.(TSHP),has been converted into 359.71 crore fully paid-up equity shares of face value USD 0.157 each aggregating to USD 564.8 million (Rs 4,713 crore). Post this conversion,TSHP will continue to be a wholly owned subsidiary of the Company .

Muthoot Capital Services has issued Commercial Paper amounting to Rs 50 crores on 28th June 2024.

Adani Ports and SEZ has completed the divestment of 49% stake in Adani Ennore Container Terminal Pvt Ltd to Mundi Ltd, an indirect subsidiary of Terminal Investment Ltd and associate of Mediterranean Shipping Company.

Huhtamaki India: The company has received the final tranche of Rs 12.3 crore in respect of the sale of the Company’s land parcel situated at Majiwade, Thane,Maharashtra.

CEAT has invested Rs 2.91 crore in the equity shares of Tyresnmore Online Pvt Ltd,a wholly owned subsidiary of the Company by way of subscription to Right Issue.