Stock-specific activity is likely to remain in focus on Dalal Street on September 9, following a slew of corporate developments..
Fermenta Biotech share price added 4% on signing exclusive licence agreement with Vellore Institute of Technology (VIT), Vellore, for the commercialisation of a technology for natural in-situ vitamin B12 fortification in fermented foods.
Coforge share price fell 5% after company's chairperson and non-executive independent director O P Bhatt resigned with immediate effect. The board designated Vivek Sharma, non-executive independent director, as interim chairperson of the company till January 31, 2027.
Shares of Laxmi Organic Industries fell 1.5% after its Managing Director and Chief Executive Officer (MD & CEO) Rajan Venkatesh resigned, effective November 13, 2026, to pursue opportunities outside the company. The Board has appointed Harshvardhan Goenka, currently the Executive Director of the company, as MD & CEO for a period of five years, effective November 14, 2026.
Raymond share price shed 8% after board approved the raising of funds through the issuance of 33.29 lakh convertible warrants for cash at an issue price of Rs 645 per warrant, amounting to Rs 214.71 crore, by way of a preferential allotment on a private placement basis to Minerva Ventures Fund.