Stocks in news: Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, Polyplex Corp

Markets bounced back on Friday, gaining almost 1.5% amid positive global cues. Attention will be on Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, and Polyplex Corp due to key updates like resignations, acquisitions, and new appointmen...

ETtech
Domestic markets staged a robust recovery on Friday, gaining nearly 1.5%, driven by positive global cues. In today's trade, shares of Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, Polyplex Corp among others will be in focus due to various news developments.

Hindustan Zinc
Metal major Vedanta Limited on Friday said that it will exercise the oversubscription option in the ongoing offer for sale (issue) of Hindustan Zinc.


Kolte Patil
Khiroda Jena resigned as the Chief Financial Officer and Senior Management Personnel of Kolte Patil with effect from August 17, 2024.

Samvardhana Motherson
Samvardhana Motherson arm acquired 34% stake in Motherson Auto Solutions from Sojitz Corporation.

Polyplex Corp
The Board of Polyplex Corp approved the re-appointment of Pranay Kothari as whole-time director for 3 years with effect from September 7.
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Uno Minda
Uno Minda has appointed Ramesh KS as CEO for ECS-2 Domain with effect from August 17, 2024.

Allsec Technologies
Gaurav Mehra resigned from the post of CFO and key managerial person of Allsec Technologies with effect from September 25.

DCX Systems
DCX Systems received orders worth Rs 107 crore from domestic and overseas customers.

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Tamilnad Mercantile Bank
The Reserve Bank approved the appointment of Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank for 3 years.

Mphasis
Mphasis appointed Aravind Viswanathan as the CFO of the company with immediate effect.
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