Wipro, Yes Bank, Sun Pharmaceutical Industries, Zydus Lifesciences along with others are names set to see action going into trade on Wednesday.

Apart from these corporate actions, various block deals are set to be executed on Wednesday. Deals from Indegene Ltd., Tata Technologies Ltd., Alkem Laboratories Ltd., and Aditya Birla Fashion and Retail Ltd. aggregate to approximately Rs 3,480 crore.

  • Wipro: The company has won a multiyear deal with Entrust, a global leader in identity-centric security solutions. Wipro will provide strategic resources, scale, and agility to help Entrust accelerate its growth.

  • Yes Bank: The board approved raising funds up to Rs 16,000 crore via debt and equity. The bank will raise Rs 7,500 crore from equity and Rs 8,500 crore from debt securities.

  • Sun Pharma: The company announced top-line results from its Phase 2 clinical trials evaluating SCD-044, a novel, orally bioavailable S1P receptor 1 agonist developed for the treatment of inflammatory diseases. Despite this, the company is discontinuing studies of SCD-044 for atopic dermatitis after the top-line results from its Phase 2 study, which included 250 people, did not meet the primary objective.

  • Zydus Lifesciences: The company is acquiring two US-based biologics manufacturing facilities from Agenus for $75 million upfront and has also secured exclusive licensing rights for Agenus’s next-generation immuno-oncology platforms, Botensilimab and Balstilimab.

  • Ashok Leyland: The company received an order worth Rs 184 crore to supply 543 BSVI diesel chassis and fully built buses.

  • Tata Chemicals: The IT department granted a refund of Rs 55.7 crore including interest.

  • One 97 Communications The company arm, Paytm Cloud Technologies, incorporated its wholly owned arm, Paytm Singapore.

  • NLC India: The company’s arm incorporated a joint venture company with Rajasthan Rajya Vidyut Utpadan Nigam to develop, operate, and maintain lignite mines and lignite-based thermal power stations.

  • Indegene: Carlyle Group is set to exit a 10.2% stake in the company for at least Rs 1,420 crore. The floor price is Rs 580 per share, which is a 6% discount from the current market price.

  • Garden Reach Shipbuilders & Engineers: The company entered an agreement with Norway’s Kongsberg to build India’s first-ever polar research vessel.

IPO Lisiting

Scoda Tubes: The company’s shares will debut on the stock exchange on Wednesday at an issue price of Rs 140 apiece. The Rs 220-crore IPO was subscribed 53.78 times on its third and final day. Bids were led by institutional investors or 69.51 times, retail investors or 19.4 times, non-institutional investors or 113.03 times.

. Read more on Markets by NDTV Profit.Various block deals are to be executed as well.  Read MoreMarkets, Notifications 

​NDTV Profit