Stocks in news: Stocks in news: Ultratech, Paytm, HCL Tech, Gland Pharma, GPT Infra

Domestic markets kicked off the week on a positive note, driven by a dovish stance from the US Fed. In today’s trade, shares of Ultratech, Paytm, HCL Tech, Gland Pharma, GPT Infra will be in focus due to various news developments.

Sameera Agro And Infra
Sameera Agro And Infra’s board of directors on Monday approved the issue of bonus shares to the equity shareholders of the company in the ratio of 4:1.

HCL Tech
HCLTech said it has extended its strategic AI-driven engineering services and digital process operations (DPO) partnership with Xerox.

YES Bank

YES Bank appointed Sumit Bali as the country head retail assets and debt management of the bank with effect from August 26, 2024.

GPT Infraprojects
GPT Infraprojects has approved a qualified institutional placement (QIP) to raise funds. The floor price has been set at Rs 183.83 per share.

Medi Assist Healthcare
Medi Assist Healthcare’s subsidiary Medi Assist Insurance TPA to acquire 100% stake of Paramount Health Services and Insurance TPA for Rs 312 crore.

Gland Pharma
Qiyu Chen will cease to continue as a director of the company with effect from August 30 as he hasn’t yet received security clearance from the Ministry of Home Affairs.

UltraTech
UltraTech Cement announced that it has successfully raised $500 million through a sustainability-linked loan with participation from six banks.

Paytm
Paytm said the show cause notice by Sebi was not a new development and the company had already made relevant disclosures on this matter in its financial results for the quarter and year ended March and June quarters.

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