Four special resolutions, including on the appointment of an independent director and alteration of the company’s articles of association, moved at the annual general meeting of the industrial explosives and ammunition manufacturer last week, were defeated amid a fight between two brothers: Satyanarayan and Kailash Chandra Nuwal.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20