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IIFL Securities up 40% in 2 days on winning bid to acquire Karvy s accounts

Shares of IIFL Securities, on Thursday, shot up 17 per cent to hit a record high of Rs 65.60 on the BSE in intra-day, thereby surging 40 per cent in the past two trading days, after the company emerged as the successful bidder for demat accounts held by Karvy with National Securities Depository (NSDL) and Central Depository Services (India) (CDSL). On February 6, depositories NSDL and CDSL had said that trading as well as demat accounts held by Karvy Stock Broking (Karvy) will be transferred to another member or participant through a formal bidding process on the basis of laid down eligibility criteria. In accordance with the above, IIFL Securities had participated in the formal bidding process for transfer of demat accounts held by Karvy.

Investegate |Tata Steel Limited Announcements | Tata Steel Limited: Tata Steel:Notice of shareholder meeting

  Subject: Notice of the Meeting of the Equity Shareholders of Tata Steel Limited convened pursuant to the directions of the Hon ble National Company Law Tribunal, Mumbai Bench ( NCLT ) in the matter of Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel Limited ( Company )     This refers to our letter dated February 17, 2021 informing that in accordance with the orders of the NCLT dated February 20, 2020 passed in the Company Scheme Application No. 3083/MB/2019 and orders dated January 11, 2021, January 19, 2021 and February 5, 2021 passed in the Company Application No. 1056/2020 (collectively referred as Order ), a meeting of the Equity Shareholders of the Company is being convened on Friday, March 26, 2021 at

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