Stocks in news: ITC, IOL Chemicals, Ircon, SBI, Asian Paints

The markets extended their losses for the third straight session, declining by over half a percent. In today's trade, shares of ITC, IOL Chemicals, Ircon, SBI, Asian Paints among others will be in focus due to various news developments.

ITC
ITC has acquired 2.44% equity in luxury hospitality company EIH while buying 0.53% of the share capital in HLV.


Asian Paints
Vishu Goel resigned as the Associate Vice President, Retail Sales, Commercial & Marketing of the company with immediate effect.

IOL Chemicals
IOL Chemicals has announced that its Board will meet on December 27 to consider the sub-division or split of its existing equity shares.

Bank Of Baroda
Bank Of Baroda has approved raising of long term bonds aggregating to Rs 10,000 crore in FY25.

IRCON
IRCON has appointed Alin Roy Choudhury as Chief Financial Officer of the company with effect from January 2025.

Indowind Energy
The Board of Indowind Energy approved a fresh rights issue of up to Rs 50 crore for expansion requirements.

SBI
The government has appointed Rama Mohan Rao Amara as Managing Director of State Bank of India for 3 years.

Borosil Renewables
The Board of Borosil Renewables approved a temporary cooldown of furnace at step-down arm GMB Glasmanufaktur Brandenburg GmbH.

Gandhar Oil Refinery
USFDA has issued a establishment inspection report (EIR) for Tajola-based manufacturing facility.

Yatharth Hospital
Yatharth Hospital has launched its qualified institutional placement on Wednesday and fixed a floor price at Rs 626.18 per share, according to reports.