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Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (Demerger) approved by the Hon’ble National Company Law Tribunal, Allahabad, Oudh Sugar Mills Ltd., has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company, as per details given below: (0-1)
Trading for the week started on a firm footing as key benchmark indices settled with decent gains. The barometer index, the S&P BSE Sensex, rose 198.76 points or 0.70% to settle at 28,439.28. The Nifty 50 index rose 60.10 points or 0.69% to settle at 8,801.05. The Sensex and the Nifty, both, hit their highest closing level in 4-1/2-months.
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Shares of sugar companies climbed sharply on Friday, thanks to a rebound in raw sugar prices in the global commodities market.
Key benchmark indices were range bound in afternoon trade. At 13:16 IST, the barometer index, the S&P BSE Sensex, was up 105.79 points or 0.40% at 26,454.89. The Nifty 50 index was up 34.20 points or 0.42% at 8,162.95. Positive leads from Asian markets and overnight rally on the Wall Street boosted investors sentiment in the domestic market.