United Spirits will be excluded from the National Stock Exchange’s 50-share Nifty, while Zee Entertainment Enterprises will be included in the benchmark index from September 19, the NSE said in a release on Wednesday. The stock of United Spirits, which currently has 0.9 per cent weightage on the Nifty, closed 0.74 per cent higher at ₹2,455.55. Zee Entertainment gained 1.62 per cent at ₹288.15.

The committee of directors of Sintex Industries on Wednesday allotted about 1.5 lakh shares of ₹1 each to foreign currency convertible bondholders on the exercise of their conversion right. Following the allotment, the paid-up equity share capital of the company has increased to ₹35.71 crore from ₹34.21 crore. Shares of Sintex Industries on the NSE inched up 0.25 per cent to ₹78.7.

Aries Agro on Wednesday commissioned its first captive solar power generation unit with a capacity of 100 KW at its second largest manufacturing facility in Hyderabad. Set up at a project cost of ₹80.51 lakh, this solar power generation will streamline the availability of power for manufacturing operations. The project was considered essential to reduce the dependence on fossil fuels and erratic grid power supply in Telangana and is expected to also result in appreciable savings in power and fuel expenses, the company said in a statement to the exchanges. Aries Agro shares jumped 2.65 per cent at ₹83.5 on the BSE.

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