JB Chemicals & Pharmaceuticals Ltd., BSE Ltd., Wipro Ltd., Vedanta Ltd. and Restaurant Brands Asia Ltd., will be among the stocks to watch before going into trade on Thursday.

  • JB Chemicals: The promoter of the company intends to sell up to 15.9 million shares in a block deal valued at Rs 2,576 crore. The offer represents 10.2 % of the company’s equity. The shares will be offered at a price of Rs 1,625 each, representing a 5 % discount to the current market price.

  • BSE: The stock exchange will consider the issuing of bonus shares in its board meeting to be held March 30. This will be BSE’s second bonus share issue in three years if approved.

  • Wipro: The firm secured a 10-year strategic deal valued at 500 million pounds, equivalent to over Rs 5,500 crore, with Phoenix Group, the UK’s largest long-term savings and retirement business. Wipro Financial Outsourcing Services Ltd. will provide comprehensive life and pension administration services to Phoenix Group’s ReAssure customers and will support Phoenix Group’s operational transformation.

  • Restaurant Brands Asia: The company completed its share sale to institutional investors on March 26. The board issued shares under the qualified institutional placement route at Rs 60 apiece, representing a 3.72 % discount to the floor price of Rs 62.32.

  • Vedanta: The firm appointed Rajiv Kumar as the chief executive officer of its aluminium business for a three-year term, effective from March 26. The company’s board approved the appointment based on the recommendation of the nomination and remuneration committee at a meeting held on March 26.

  • MSTC: The company announced its third interim dividend of Rs 4.50 per share, with a face value of Rs 10 each, for the current financial year. The dividend will be credited to eligible shareholders within 30 days from the date of declaration. The record date for determining eligible shareholders is set as April 2.

  • JSW Infrastructure: The firm has finalised the acquisition of the slurry pipeline business from JSW Utkal Steel Ltd., a wholly owned subsidiary of JSW Steel Ltd., for Rs 1,617 crore. The acquisition was executed through a slump sale. The acquired business is for the transportation of iron ore from the Nuagaon mines to Jagatsinghpur in Odisha.

  • Ashok Leyland: The firm’s unit Switch Mobility begins closure of United Kingdom operations.

  • Newgen Software Technologies: The company bagged a $1.28 million contract for its enterprise content management solution.

  • KBC Global: The firm withdrew the record date of March 28, previously set to determine shareholders eligible for bonus shares.

. Read more on Markets by NDTV Profit.MSTC, JSW Infrastructure and Ashok Leyland will be some of the other stocks to watch.  Read MoreMarkets, Notifications 

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