DSIJ Mindshare

KPTL to acquire 19.94 per cent stake in Shree Shubham Logistics for consideration of Rs. 64.66 crore by signing a definitive agreement with Tano India Private Equity Fund II (Tano).

Strides Pharma has received a warning letter from USFDA for its Puducherry facility. Reacting to this development, the stock of the company fell by 4 per cent.

The stocks to watch out on July 3 include Hexaware Technologies, Graphite India, Panorama Studios, Rathi Graphic Technologies and KPTL.

The company had filed a plea in the Supreme Court with regards to the cancellation of PPA with Gujarat Urja and the same has been allowed by the court. The stock of Adani Power traded close to its upper circuit limit of 10 per cent on Tuesday.

Rallis India has received a communication from the Gujarat Pollution Control Board (GPCB) directing the company to suspend its operations at one of its units in Dahej, Gujarat.