Latest news with #OAVM
Time of India
07-07-2025
- Business
- Time of India
JP Power shares surge 14% after AGM lifts inverter sentiment
Shares of Jaiprakash Power Ventures Ltd (JP Power) surged nearly 14% on Monday to close at Rs 21.57, gaining momentum after the company successfully concluded its 30th Annual General Meeting ( AGM ) over the weekend. The AGM, held virtually on July 5, 2025, was conducted via video conferencing (VC)/other audio-visual means (OAVM), in line with the latest regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and SEBI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiólogo: El mejor método para un vientre plano después de los 50 (¡Es genial!) Té mágico desintoxicante Undo During the meeting, all key resolutions outlined in the notice dated May 1, 2025, were presented, including adoption of financial statements, reappointment of directors, and approvals for auditor appointments and director remuneration. The company also enabled electronic voting through CDSL 's e-voting platform, both before and during the AGM, ensuring transparency and shareholder participation. JP Power Chairman Manoj Gaur addressed shareholders during the AGM, sharing key insights into the company's performance and outlook. The meeting was attended by 107 shareholders via video conferencing, including senior board members and committee heads. The market responded positively to the company's governance and communication efforts, with increased investor confidence reflected in the day's sharp stock price movement. Live Events On the technical front, Jaiprakash Power Ventures Ltd. is showing strong bullish momentum : The Relative Strength Index (RSI-14) stands at 69.5, indicating the stock is approaching overbought territory. For context, an RSI below 30 typically signals an oversold condition, while an RSI above 70 suggests the stock may be overbought and could be due for a pullback. Additionally, the stock is trading above all 8 key Simple Moving Averages (SMAs) — ranging from the short-term 5-day to the long-term 200-day SMA. This alignment across timeframes is considered a bullish signal, reflecting sustained upward momentum and strong underlying trend strength.
Mint
23-06-2025
- Business
- Mint
IT stock below ₹50 jumps despite weak trends on Dalal Street
Stock Market Today: IT stock below ₹ 50 gained during the intraday trades on Monday, despite weak trends on Dalal Street. Check for special business update clarifications provided by Blue Cloud Softech Solutions Ltd Blue Cloud Softech Solutions is to hold an extra Ordinary General Meeting on the 27th day of June 2025 at 4 PM through OAVM/VC. In the context of the same, company submitted a Corrigendum to the Notice of the Extraordinary General Meeting. In its release on the Exchanges it said that the Notice dated 23RD MAY, 2025, for convening the Extra Ordinary General Meeting has been sent to the shareholders. Blue Cloud Softech Solutions giving certain clarifications said that certain Resolutions are to be considered to be part of the Notice of EGM served and to be numbered as mentioned herein below and item no. 6 and its explanation in explanatory statement of the original be considered and treated as 8. Under the special resolutions company said that Item No 6. is to approve borrowing limits of the company under section 180 (1)(C) Of the companies Act. Further Item No.7 is to approve creation of charge of movable and immovable properties of the company both present and the future, in respect of the borrowing under section 180(1)(A) of the companies Act, 2013. IT stock below ₹ 50- Blue Cloud Softech Solutions share price movement Blue Cloud Softech Solutions share price opened at ₹ 28.01 on the BSE on Monday. The Blue Cloud Softech Solutions share price at the time of opening was lower than the previous days closing price of ₹ 28.56. The Blue Cloud Softech Solutions share price thereafter gained and rose to intraday highs of ₹ 29.13 which meant about 2% gains during the intraday trades. Blue Cloud Softech Solutions share price continued trading at similar level since RS 29.13 was the upper price band of the Blue Cloud Softech Solutions share price. Thus Blue Cloud Softech Solutions share price was locked in the upper circuit and alco ended the day at same leve;. Meanwhile the BSE Sensex that was trading weak, dipped more than 1% during the intraday trades and closed with 0.6% losses.\
Mint
23-06-2025
- Business
- Mint
IT stock below ₹50 jumps despite weak trends on Dalal Street
Stock Market Today: IT stock below ₹ 50 gained during the intraday trades on Monday, despite weak trends on Dalal Street. Check for special business update clarifications provided by Blue Cloud Softech Solutions Ltd Blue Cloud Softech Solutions is to hold an extra Ordinary General Meeting on the 27th day of June 2025 at 4 PM through OAVM/VC. In the context of the same, company submitted a Corrigendum to the Notice of the Extraordinary General Meeting. In its release on the Exchanges it said that the Notice dated 23RD MAY, 2025, for convening the Extra Ordinary General Meeting has been sent to the shareholders. Blue Cloud Softech Solutions giving certain clarifications said that certain Resolutions are to be considered to be part of the Notice of EGM served and to be numbered as mentioned herein below and item no. 6 and its explanation in explanatory statement of the original be considered and treated as 8. Under the special resolutions company said that Item No 6. is to approve borrowing limits of the company under section 180 (1)(C) Of the companies Act. Further Item No.7 is to approve creation of charge of movable and immovable properties of the company both present and the future, in respect of the borrowing under section 180(1)(A) of the companies Act, 2013. IT stock below ₹ 50- Blue Cloud Softech Solutions Special business clarifications
