Thursday 21 August 2014

Stocks in news

Jyothi Laboratories Ltd

          In a top management reshuffle, FMCG firm Jyothy Laboratories Ltd today said its Joint Managing Director K Ullas Kamath has been entrusted with an additional responsibility of Chief Financial Officer (CFO) of the company. 

CEAT

           Ceat board meeting will be held on August 26, 2014, for considering further issue of securities through issuance of equity shares or debentures or equity linked securities and/or any instrument convertible into equity shares by way of private or public offerings, including qualified institutes placement and/or on a preferential allotment basis.

SpiceJet Ltd

              Low-fare carrier Spicejet on Thursday announced that its board has decided to issue 18.91 crore convertible warrants to its promoter Kalanithi Maran, even as the loss-making airline looks out for external funding.   

GlaxoSmithKline Consumer Healthcare Ltd

            The maker of Horlicks and Boost health food drinks, is looking at setting up a large manufacturing facility close to the east coast in southern Andhra Pradesh, a senior bureaucrat said. 

United Breweries Ltd

            United Breweries' largest shareholder Heineken NV has further consolidated its holdings in the Vijay Mallya-led firm by picking up 2.5 lakh shares for a little over Rs 18 
                                                           




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