Overview
- Infosys approved a tender offer to repurchase about 10 crore shares for Rs 18,000 crore at Rs 1,800 each, a 19.24% premium to Thursday’s close, amounting to roughly 2.41% of equity as the stock rose around 2%.
- Apollo Micro Systems, through its subsidiary, signed an MoU with US-based Dynamic Engineering and Design for technology transfer, co-development and licensed production of BM‑21 Grad rocket motors in India, with shares up more than 3.5%.
- Ola Electric disclosed promoters pledged 10.71 crore shares—2.43% of total equity and 8.09% of promoters’ holding—as collateral via Axis Trustee for multiple lenders tied to Krutrim Data Centre debentures, and the stock fell roughly 3%.
- Sigachi Industries announced a Rs 0.10 per share dividend with a 16 September record date, as heavy volumes drove a 16% jump on Thursday and a further gain of over 12% on Friday.
- Kellton Tech said its cloud-native engineering and low-latency streaming underpinned Sony Liv’s Asia Cup 2025 digital delivery at global scale, with the stock modestly lower after recent gains.