The rise in the Spandana Sphoorty stock price came after the company announced that its board of directors will meet on August 27 to consider raising funds via NCDS on private placement basis.
Read more about Stocks to Watch: RIL, Adani Group, Ruchi Soya, Maruti, SBI, JSPL, FMCG on Business Standard. Reliance Retail Ventures, a subsidiary of Reliance Industries, has bought 89 per cent stake in Purple Panda Fashions for Rs 950 crore.
Read more about Bharat Financial top officials resign to join rival Spandana Sphoorthy on Business Standard. Top executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, the bank said on Monday.The bank said it has appointed an Executive Director and another person to oversee