*IndoStar Capital:* Company has approved the sale of a portion of its Commercial Vehicle Loan book to Phoenix ARC Private Limited (Neutral) *FDC Ltd:* Company has received a demand notice from the Deputy Commissioner of State Tax for FY21-22, imposing a total demand of ₹15.61 Cr (Neutral) *GNFC:* Shri Rajkumar Beniwal, IAS, has been appointed as the new Managing Director (MD) (Neutral) *Grasim:* Company/ABReN approve composite scheme moving EMIL renewables into Aditya Birla Renewables. (Neutral) *Lloyds Engineering:* Board approves Scheme of Merger by Absorption of LICL, Metalfab Hightech & Techno Industries. (Neutral)

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