Swastika Investmart News

Intimation for issuance of letter of confirmation after completion of necessary formalities.

Intimation for closure of trading window for declaration of unaudited financial results of the Company for the quarter ended on 30th June, 2024.

Stock markets will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week.

Please find herewith notice published in newspapers on 15th June, 2024 w.r.t. intimation of 32nd AGM, Book Closure and E-voting facility to shareholders of the Company.

​ With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market.

Intimation of receiving of request for lost of certificates /duplicate share certificates.

Please find herewith details regarding voting through Electronic mode for the 32nd Annual General Meeting to be held on Tuesday July 9, 2024.

Submission of 32nd Annual Report of the Company for the Financial Year 2023-24.

Submission of Notice of 32nd Annual General Meeting scheduled to be held on Tuesday, 9th July, 2024 at 12:30 PM (IST) through Video Conferencing/Other Audio Visual Means.

Intimation of Book Closure for the purpose of 32nd Annual General Meeting.

Please find enclosed herewith the newspaper publication w.r.t. intimation of 32nd Annual General Meeting to be held through Video Conferencing/Other Audio Visual Means.

Submission of Newspaper publication issued as per Rules 6(3)(a) of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

Submission of letter sent to eligible shareholders indication the proposed transfer of equity shares to IEPF Demat account.

On Friday, equity indices surged by over 2%, reaching record highs following the Reserve Bank of India (RBI) upward revision of the GDP growth projection. Notable stocks included HDFC AMC, which increased by 2%, Wipro, witnessing a 5% gain, and Paytm, whose shares soared by 10% on Friday.

The Nifty index closed the week with a 3.6% increase amidst two significant occurrences: the highly anticipated election results and the monetary policy decision by the Reserve Bank of India (RBI). As trading resumes on Monday, a range of significant domestic and international events scheduled throughout the holiday-shortened week are expected to influence market movements.

TBI Corn Share Price: TBI Corn IPO, which was completely a fresh equity issue of 47.8 lakh shares, received a bumper response from investors with an overall subscription of over 200 times at close. The company is a prominent player in the corn milling industry.

Continuous Disclosure under Sub-clause 7 of Para A of Part A of Schedule III of SEBI LODR Regulations, 2015 for Change in Senior Management.

Continuous disclosure under sub-clause 7 of Para A of Part A of Schedule III of SEBI LODR Regulations ,2015 for Change in Directors of the Company.

Submission of Outcome of Board Meeting held on Today i.e. Thursday, 6th June, 2024 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

After the India elections, the NDA's thinner majority has impacted PSU stocks on the D-Street. Analysts foresee a sustained rally for state-owned companies, despite short-term uncertainties.

Nifty recorded its biggest single-session fall in over 4 years. The Nifty Midcap and Nifty Smallcap indices also reported their biggest-ever fall in absolute terms while Nifty Bank plunged nearly 8%. FMCG space saw some buying. Public sector, infrastructure and CPSE indices saw heavy selling pressure, down by over 15% each.

Please find enclosed Annual Secretarial Compliance Report for the year ended on 31st March, 2024

Awfis Space Solutions, a prominent participant in India's flexible workspace sector, experienced a respectable listing on Thursday, albeit slightly below expectations. The company's shares debuted at Rs 435, marking a gain of over 13% compared to the issue price of Rs 383.

Awfis Space Solutions Share Price: Awfis Space Solutions lists at 14% premium over issue price with strong investor interest and expansion plans. Financial challenges persist despite revenue growth. Book running lead managers include ICICI Securities, Axis Capital, IIFL Securities, and Emkay Global Financial Services.

Nifty closed the week with a 2.2% increase despite notable ups and downs, as seen in the India VIX reaching a 52-week peak with almost a 10% rise over four sessions. As trading resumes next Monday, numerous significant local and international events scheduled throughout the week are anticipated to influence market dynamics.

Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.

Following its listing on Thursday with a modest premium of 3.35% at Rs 281 over its issue price of Rs 272, shares of Go Digit General Insurance continued to rally, surging another 9% to reach the day's high of Rs 305.85.

Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

TBO Tek strong listing can be attributed to the unwavering investor confidence in the company’s solid technological foundation and its potential for continued growth in the online travel sector.

​Contrary to the debut of TBO Tek, the listing of Aadhar Housing Finance was flat, falling short of expectations. The grey market trends signalled a gain of around 15-20% for investors.

Aadhar Housing Finance debuts on BSE at Rs 314.3 post a successful IPO. Leading in low-income housing finance, it has highest AUM, faces market volatility challenges, and raised funds for future lending needs through fresh equity issue and OFS post DHFL Vysya merger.

TBO Tek's shares debuted on NSE and BSE at premiums of 55% and 50% respectively. The company's appeal stems from its robust technological foundation, leveraging a proprietary platform. It raised funds from anchor investors for growth and inorganic acquisitions. IPO opening witnessed strong interest. General Atlantic acquired a minority stake in TBO.

Over 530 BSE-listed companies will announce their March quarter earnings this week, including DLF, GIC Housing Finance, INOX India, Jindal Steel & Power, Varun Beverages, Zomato, Bharti Airtel, Bharti Hexacom and Colgate-Palmolive (India).

Sai Swami Metals share Price: Sai Swami Metals debuted on the BSE SME platform with a 90% premium, opening at Rs 114 compared to its issue price of Rs 60. Pre-listing, the stock traded with a Rs 50 premium in the unlisted market.

Submission of newspaper publication w.r.t. audited financial results of the Company for the quarter and year ended on 31st March, 2024.

Submission of Statement of Deviation or Variation for quarter ended on 31st March, 2024

Continuous disclosure for re-appointment of Executive Directors and Secretarial Auditor

Outcome of Board Meeting

Submission of Audited Standalone and Consolidated Financial Results for the quarter and year ended on March 31st, 2024

Outcome of Board Meeting held on today i.e. 3rd May, 2024.