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Prachi Mehta

26th Aug · SEBI-Registered Analyst

Stocks in news today

Suraj Estate Developers has acquired a prime 644 sq. meters land parcel (CS No. 178, also known as RK Mansion) at N.M. Joshi Marg, Lower Parel, Mumbai, for a total consideration of Rs 6.44 crore inclusive of stamp duty and registration charges. This acquisition is proposed to merge with the adjacent upcoming project – Ambavat Bhavan, resulting in a consolidated land parcel of 1,310 sq. meters and a combined estimated saleable carpet area of 0.32 lakh sq. Ō., with a projected GDV of Rs 130 crore.

LEMONTREE
has signed a new property -- Keys Select by Lemon Tree Hotels, Mhasrul, Nashik. This property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels. Keys Select by Lemon Tree Hotels, Mhasrul, Nashik will feature 50 well-appointed rooms, a restaurant and a banquet.
CENTRALBK
has entered into strategic partnership with KredX, India’s leading supply chain finance platform, to facilitate Trade Receivables Discounting System (TReDS) services for MSMEs across the country. This collaboration marks a significant step toward improving liquidity and financial inclusion for small and medium enterprises. Under this partnership, Central Bank of India will leverage KredX’s newly licensed TReDS platform, branded as DTX (Domestic Trade Exchange), to offer seamless invoice discounting services. The move aligns with the Reserve Bank of India’s push to expand digital financing avenues for MSMEs and promote transparent, efficient trade receivables management. Tata Communications has raised Rs 700 crore through allotment of Commercial Paper at discount rate of 5.89% p.a. The face value per security is Rs 5,00,000. Redemption of said Commercial Paper will be on November 21, 2025. The said Commercial Paper is listed on National Stock Exchange of India on August 25, 2025.

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