Get ready for a packed day of events on October 28th, with a mix of political gatherings, financial announcements, and corporate updates!
Vadodara Gears Up for PM Modi and Spanish PM Sanchez
The city of Vadodara, Gujarat, will be abuzz with activity as Prime Minister Narendra Modi and his Spanish counterpart, Pedro Sanchez, participate in a roadshow today. The event promises to be a grand spectacle, with heavy VVIP movement anticipated, including Union Ministers, delegations, and special business invitees. The Prime Ministers are expected to inaugurate the Tata-Airbus project and engage in high-level discussions. Keep an eye out for traffic disruptions as 33 roads in Vadodara will be blocked from 6 AM onwards.
Special Call Auction for Select Investment Holdings
The stock market will be buzzing today as exchanges conduct a special call auction for select investment holding companies (holdcos) following the new framework introduced by the Securities and Exchange Board of India (Sebi) for price discovery. This special pre-open session will be held for nine holding companies, including Pilani Investments, Kalyani Investments, TVS Holdings, and Maharashtra Scooters, with the subsequent list to be updated later.
Ajanta Pharma Board Meeting & Q2 Results
Ajanta Pharma is set to hold a board meeting today to consider the first interim dividend for the fiscal year ending March 31, 2025. Additionally, the board will review the company’s second-quarter results.
The day will also see over 30 companies, including Ambuja Cement, JSW Infra, Adani Power, BHEL, and others, releasing their financial results for the July-September quarter for FY 24-25.
Maharashtra Assembly Election Buzz
The political scene in Maharashtra heats up as the Maharashtra Assembly Elections 2024 are underway. Maharashtra Chief Minister and Shiv Sena faction leader Eknath Shinde is scheduled to file his nomination today. His party recently released a second list of 20 candidates, including former Congress LS MP and current Shiv Sena RS MP Milind Deora, who will be contesting the Worli assembly seat against incumbent MLA Aaditya Thackeray of the Shiv Sena (UBT).
Ajit Pawar of the Nationalist Congress Party (NCP) is also expected to file his nomination today for the Baramati Assembly seat. Expect some traffic disruptions in parts of the city as candidates, along with their supporters, gear up for the nomination process.
Priyanka Gandhi Campaigns in Wayanad
Priyanka Gandhi Vadra will be in Wayanad today for a two-day campaign (October 27-28) for the upcoming Lok Sabha byelection. She is expected to cover all seven assembly segments in the constituency during her visit.
Stay tuned for updates on all these events as they unfold throughout the day!