logo
UTI Asset Management Company allots 34,077 equity shares under ESOS

UTI Asset Management Company allots 34,077 equity shares under ESOS

UTI Asset Management Company has allotted 34,077 equity shares under ESOS on 09 June 2025. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,28,01,71,170 (12,80,17,117 equity shares of face value of Rs 10 each) to Rs 1,28,05,11,940 (12,80,51,194 equity shares of face value of Rs 10 each). Powered by Capital Market - Live News
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Godrej Consumer gains after forecasting double digit revenue growth for Q1
Godrej Consumer gains after forecasting double digit revenue growth for Q1

Business Standard

time16 minutes ago

  • Business Standard

Godrej Consumer gains after forecasting double digit revenue growth for Q1

Godrej Consumer Products rallied 6.39% to Rs 1,269 after the company expects the consolidated double-digit revenue growth on the back of high-single digit UVG in Q1 FY26. Home Care business has had a broad-based and strong growth trajectory with overall Home Care business likely to deliver double-digit value growth and UVG. Personal Care business is expected to grow value in low-single digit impacted by soaps. The company said that its standalone business is likely to deliver high-single digit value growth on the back of mid-single digit UVG. Volume growth has been strongly competitive and is sequentially improving. Standalone business excluding soaps (which is seeing a price-volume rebalancing driven by commodity volatility) is expected to deliver a very strong performance this quarter with double-digit UVG. Indonesia business faced a significant increase in competitive pricing action across all major categories. The company said that this will likely result in flattish UVG. GAUM (Godrej Africa, USA, and Middle East) business is likely to deliver strong double-digit value growth and UVG for the second consecutive quarter. Profit growth continues to be healthy. As guided during the companys Investor Meet (May 2025), it expects performance to improve sequentially in FY26. It believes for FY26, on track to deliver mid-high-single digit UVG for standalone business, high-single digit consolidated INR revenue growth and double-digit consolidated EBITDA growth for the full year. The standalone EBITDA margin in Q1FY26 is likely to be below its normative range but is expected to improve. While palm oil prices have started moderating towards the end of June, benefits of this moderation will only be realized in H2FY26. Godrej Consumer Products is an Indian consumer goods company. The company's products include soap, hair colorants, toiletries and liquid detergents. The company reported a consolidated net profit of Rs 411.90 crore in Q4 FY25 compared with net loss of Rs 1,893.21 crore in Q4 FY24. Net sales increased 6.3% YoY to Rs 3,577.81 crore in Q4 FY25.

J&K Bank gross advances grow 6% YoY in Q1FY26
J&K Bank gross advances grow 6% YoY in Q1FY26

Business Standard

time23 minutes ago

  • Business Standard

J&K Bank gross advances grow 6% YoY in Q1FY26

Jammu & Kashmir Bank said that its gross advances jumped 5.53% to Rs 1,04,039.84 crore as of 30 june 2025, compared with Rs 98,579.79 crore as of 30 June 2024. Total business stood at Rs 2,49,784.15 crore as of 30 June 2025, up 9.54%, compared with Rs 2,28,022.90 crore as of 30 June 2024. CASA deposits rose 2.90% YoY to Rs 67,900.54 crore as of 30 June 2025. CASA ratio was at 45.71% as of 30 June 2025 as against 49.77% as of 30 June 2024. Total deposits increased 10.24% to Rs 1,48,542.07 crore as of 30 June 2025, compared with Rs 1,32,573.13 crore as of 30 June 2024. Gross investment jumped 27.55% to Rs 43,310.58 crore as of 30 June 2025, compared with Rs 33,955.15 crore as of 30 June 2024. J&K Bank offers banking services under the three major divisions of support services, depository services, and third-party services. The company reported 8.47% decline in net profit to Rs 584.54 crore in Q4 FY25, compared with Rs 638.67 crore in Q4 FY24. Total income jumped 15.35% year on year to Rs 3,616.16 crore in Q4 FY25. Shares of Jammu & Kashmir Bank fell 2.14% to Rs 111.80 on the BSE.

Actor Mahesh Babu Gets Legal Notice In Rs 34 Lakh Real Estate Fraud Case
Actor Mahesh Babu Gets Legal Notice In Rs 34 Lakh Real Estate Fraud Case

NDTV

time23 minutes ago

  • NDTV

Actor Mahesh Babu Gets Legal Notice In Rs 34 Lakh Real Estate Fraud Case

Tollywood actor Mahesh Babu has reportedly received legal notices from the Ranga Reddy District Consumer Commission in Telangana regarding his endorsement of Sai Surya Developers, a real estate firm facing allegations of fraud. A Hyderabad-based doctor filed a complaint, claiming she was defrauded of Rs 34.8 lakh after purchasing plots that allegedly did not exist. Mahesh Babu has been named as the third respondent in the case, with the complaint asserting that his public endorsement significantly influenced potential buyers. This is not the first time Mahesh Babu's name has been linked to the company. In April 2025, the Enforcement Directorate (ED) questioned the actor in connection with a money laundering probe involving Sai Surya Developers and the Surana Group. The company's owner, Kancharla Satish Chandra Gupta, is under police investigation for defaulting on a major real estate project called "Green Meadows." While the Enfrocement Directorate's earlier investigation indicated that Mahesh Babu was not being treated as an accused and may have endorsed the project in good faith, the current consumer commission notice brings renewed scrutiny to his role as a brand ambassador. The actor and his team are yet to respond to the latest reports of a fresh notice issued.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store