Unveiling Hidden Gems: Regulation 30 Daily Insights

Team FS

    29/Apr/2024

Key Points : 
 

  1. Comprehensive Coverage: Stay informed with our daily analysis of Regulation 30 filings on both the NSE and BSE, covering rights issues, takeovers, buybacks, de-mergers, acquisitions, and more.

  2. Expert Insights: Benefit from concise yet insightful commentary crafted by our expert team, empowering investors of all levels to make informed decisions and capitalize on hidden opportunities in the market.

  3. Stay Ahead: Stay ahead of the curve with our timely updates, enabling you to navigate the dynamic landscape of special market situations with confidence and precision. Unlock the key to unlocking hidden opportunities in the market with Regulation30 Daily Newsletter.

1. EQUITAS SMALL FINANCE BANK 

- The GST Department, Office of Deputy Commissioner in Noida, Uttar Pradesh, issued an order under Section 73(9) of the UPSGST/CGST Act-2017 for the fiscal year 2018-19. This order, received on April 29th, 2024, at 09:30 AM, pertains to a violation concerning the non-payment of GST on the sale of a used car by a company. The alleged tax demand amounts to Rs. 96,092/-, accompanied by a penalty of Rs. 20,000/-.

 

2. BHARTI AIRTEL

- Bharti Airtel continues to fortify its telecommunications network, particularly in rural areas, with the deployment of additional sites in Maldah district, benefiting over 39.08 Lac rural inhabitants across 2153 villages. This expansion project extends to various districts in West Bengal, aiming to provide seamless high-speed connectivity essential for work, study, and entertainment. With plans to enhance network coverage across 60,000 villages by 2024, Airtel reaffirms its commitment to bridging the digital divide and empowering communities. Furthermore, the company's focus on augmenting fiber presence in West Bengal underscores its dedication to meeting the growing demand for high-speed data services, ensuring comprehensive network coverage across urban, semi-urban, and rural landscapes.

 

3. WIPRO LIMITED 

- Wipro Limited's Lab45 has introduced its Think Tank, aimed at guiding enterprise leaders and customers through the realm of emerging technologies like Generative AI and Quantum Computing. This initiative fosters strategic collaboration to drive market disruption and innovation. Additionally, it supports early-stage startups, offering an 8-week program and connections to Wipro's global customer base. The Think Tank's launch, scheduled for April 30th at Wipro's Silicon Valley Innovation Centre, promises valuable insights from industry leaders like Wipro's CTO Subha Tatavarti and guest speaker Guy Kawasaki, renowned for his expertise in AI and leadership.

 

4. COROMANDEL INTERNATIONAL LTD. 

- Coromandel International Limited has launched the construction of its Phosphoric Acid-Sulphuric Acid complex in Kakinada, Andhra Pradesh, with a Rs 1000 crore investment. This move aims to enhance the company's fertilizer manufacturing capabilities and contribute to India's self-sufficiency goals. Equipped with advanced technology, the facility underscores Coromandel's commitment to innovation and sustainability.

Also Read : Coromandel International Launches Agri Venture: Groundbreaking Marks Milestone

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