ICRA LTD.
NSE : ICRABSE : 532835ISIN
CODE : INE725G01011Industry : RatingsHouse
: ICRA
BSE5107.4591.85 (+1.83 % )
PREV CLOSE (Rs.) 5015.60
OPEN PRICE (Rs.) 5115.55
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 86
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE5102.85 80.9 (+1.61 % )
PREV CLOSE(Rs.) 5021.95
OPEN PRICE (Rs.) 5037.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 5102.85 (10 )
VOLUME 2003
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 24-Jan-2024 | ICRA to join AIRA by subscribing up to 20% stake | <p style="text-align: justify;">ICRA has received an approval to join the Association of Indian Rating Agencies (AIRA), by way of subscribing to their shares up to 20% of the paid-up share capital of AIRA, inter alia subject to requisite regulatory approvals. AIRA is an association of credit rating agencies to promote harmonious interactions amongst the credit rating agencies in India. The Board of Directors of the company in its meeting held on January 23, 2024, has approved the proposal.</p><p style="text-align: justify;">Joining AIRA by way of subscribing to their shares will help ICRA in participating in the activities of AIRA to promote best practices, create awareness and understanding of credit ratings and contribute towards other objects mentioned in the memorandum of association of AIRA. The acquisition may be completed in three months, subject to necessary approvals and closing of the offer process including execution of required documents.</p><p style="text-align: justify;">ICRA was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.</p><div style="text-align: justify;"><br></div> |
| 16-Jan-2024 | ICRA informs about outcome of board meeting | <div>ICRA has informed that the Board of Directors of ICRA Analytics, a wholly owned subsidiary of ICRA, in the meeting held today, has approved the proposal to invest upto INR 5.5 crore in the preference shares of D2K Technologies India (“D2Kâ€). D2K is a step-down subsidiary of the Company. There will not be any change in the equity shareholding as on date due to subscription of preference shares. Also enclosed a disclosure in this regard. This disclosure is being made in compliance with Regulation 30 of the Listing Regulations, as amended. This will also be hosted on the Company's website, https://www.icra.in.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 05-Jan-2024 | ICRA informs about compliance certificate | <div>ICRA has informed that it enclosed certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 13-Nov-2023 | ICRA moves up on acquiring 60% stake in D2K Technologies India | <p style="text-align: justify;">ICRA is currently trading at Rs. 5464.85, up by 29.55 points or 0.54% from its previous closing of Rs. 5435.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 5597.45 and has touched a high and low of Rs. 5597.45 and Rs. 5464.85 respectively. So far 2 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6244.65 on 18-Aug-2023 and a 52 week low of Rs. 3907.60 on 14-Nov-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 5633.35 and Rs. 5337.75 respectively. The current market cap of the company is Rs. 5245.73 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 51.87%, while Institutions and Non-Institutions held 32.14% and 15.99% respectively.</p><p style="text-align: justify;">ICRA has acquired 60% shareholding in D2K Technologies India (D2K), for an aggregate consideration of Rs 15.4 crore on November 10, 2023, and consequently D2K has become a step-down subsidiary of ICRA. D2K is engaged in the business of providing banking and finance solutions, software services to banks and other financial institutions, corporate etc. </p><p style="text-align: justify;">ICRA was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.</p><div style="text-align: justify;"><br></div> |
| 13-Nov-2023 | ICRA, Dr. Reddy's Laboratories and SJVN to see some action Today | <p style="text-align: justify;"><span style="font-weight: bold;">ICRA </span>has acquired 60% shareholding in D2K Technologies India (D2K), for an aggregate consideration of Rs 15.4 crore on November 10, 2023, and consequently D2K has become a step-down subsidiary of ICRA. D2K is engaged in the business of providing banking and finance solutions, software services to banks and other financial institutions, corporate etc. </p><p style="text-align: justify;"><span style="font-weight: bold;">Dr. Reddy's Laboratories</span> has acquired 26% of the paid up equity share capital of O2 Renewable Energy IX (SPV) in the first tranche, in accordance with terms and conditions of the Security Subscription and Shareholders' Agreement (SSHA). The object of acquisition is to access renewable power through solar and wind power plants through (Inter-State Transmission System) ISTS under captive structure. </p><p style="text-align: justify;">As a Renewable Energy Implementing Agency (REIA), <span style="font-weight: bold;">SJVN </span>has successfully concluded its first ever e-reverse auction (e-RA) for selection of RE power developers for supply of 1,500 MW power projects with energy storage system in India.</p><p style="text-align: justify;"><span style="font-weight: bold;">Alok Industries</span> has entered into facility agreements with Axis Bank for availing a term loan of Rs 1750 crore for the purpose of repayment of existing term loans from banks as a part of financial restructuring; and working capital facility of Rs 100 crore for the purpose of meeting working capital requirements of the company.</p><p style="text-align: justify;"><span style="font-weight: bold;">Maestros Electronics & Telecommunication System</span> has received Purchase Order from DG Armed Forces Medical Service for Delivery of 338 pieces of Product named METSL TFT Display Cardiac Monitor with defibrillator. Broad consideration or size of the order is Rs 5.89 crore. The said order is expected to be executed by March 8, 2024.</p><p style="text-align: justify;"><span style="font-weight: bold;">Anant Raj</span> has received approval for the issuance of equity shares or other convertible securities by way of Qualified Institutions Placement (QIP), for an aggregate consideration not exceeding Rs 500 crore only in accordance with the applicable laws including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, each as amended, subject to receipt of all necessary approvals, if and to the extent required. The Board of Directors of the company at their meeting held on November 11, 2023 have inter-alia considered and approved the same. </p><p style="text-align: justify;"><span style="font-weight: bold;">Biocon </span>has reported results for second quarter ended September 30, 2023 (Q2FY24). The company has reported 96.49% fall in its net profit at Rs 34.70 crore for the quarter under review as compared to Rs 987.50 crore for the same quarter in the previous year. Total income of the company decreased marginally by 0.02% at Rs 588.30 crore for Q2FY24 as compared to Rs 588.40 crore for the corresponding quarter previous year. On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 172.70 crore for Q2FY24 as compared to Rs 81.80 crore for the same quarter in the previous year. Total income of the company increased by 51.84% at Rs 3,620.20 crore for Q2FY24 as compared to Rs 2,384.20 crore for the corresponding quarter previous year.</p> |
| 11-Nov-2023 | ICRA acquires 60% stake in D2K Technologies India | <p style="text-align: justify;">ICRA has acquired 60% shareholding in D2K Technologies India (D2K), for an aggregate consideration of Rs 15.4 crore on November 10, 2023, and consequently D2K has become a step-down subsidiary of ICRA. D2K is engaged in the business of providing banking and finance solutions, software services to banks and other financial institutions, corporate etc. </p><p style="text-align: justify;">ICRA was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.</p><div style="text-align: justify;"><br></div> |
| 25-Aug-2023 | ICRA informs about updates | <div style="text-align: justify;">ICRA has informed that the 100% equity shares of Pragati Development Consulting Services, a step down wholly owned subsidiary of ICRA (the Company) held by ICRA Analytics, a wholly owned subsidiary of the Company, will be acquired by the Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 04-Aug-2023 | ICRA informs about newspapers publication | <p style="text-align: justify;">ICRA has informed that it enclosed copies of the extracts of the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2023, published in the newspapers, Financial Express & Jansatta on August 4, 2023, pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 12-Jul-2023 | ICRA informs about press release | <div style="text-align: justify;">ICRA has informed that it enclosed notice of the Thirty-Second Annual General Meeting of ICRA (the Company) scheduled to be held on Thursday, the Third day of August 2023, at 3:30 pm (IST) through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) and information on electronic voting published in the following newspapers on July 11, 2023: Financial Express and Jansatta.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 01-Jul-2023 | ICRA informs about newspaper publication | <p style="text-align: justify;">Pursuant to Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ICRA has informed that it enclosed copies of the notice to the Members of the Company, published in the newspapers Financial Express and Jansatta on July 1, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
