Junaid Mohammed, who is an immediate relative of a promoter group member in East West Holdings Ltd (Mrs Sharifa Iqbal Mohammed), is filing a disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011. This disclosure informs BSE Limited about his acquisition of company shares through an inter-se transfer by way of gift from Mrs Sharifa Iqbal Mohammed (promoter group member).
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Market Update at 2:20 PM: In the current trading session benchmark indices trade on a lower note with the Sensex trading marginally lower by 0.17 per cent, while Nifty declined by 0.15%. Whereas, in the broader indices Nifty Midcap has surged by 0.3 per cent, while Nifty Smallcap has soared by 0.53%. Nifty Energy, Nifty Metal and Nifty PSU Bank are the major sectors trading positively.
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The Indian Coast Guard and Jindal Steel & Power Ltd signed a Memorandum of Understanding (MoU) on Tuesday for the supply of indigenous marine-grade steel. According to a press release, this partnership underscores the shared commitment to promote indigenisation. At around 1:30 PM on May 8, shares of Jindal Steel & Power Limited were trading at ₹948 apiece on the BSE witnessing a gain of 2.13%.
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