Bhadora Industries Appoints ORIM Connect as Investor Relations Agency
Bhadora Industries Limited has formalized its appointment of ORIM Connect to serve as its dedicated Investor Relations Agency, effective immediately. The decision follows the execution of an Engagement Letter between the company and ORIM Connect.The appointment ensures that ORIM Connect will handle investor relations matters for Bhadora Industries. The scope of the agreement includes providing consulting services alongside the agency role.
Bhadora Industries Limited, previously known as Bhadora Industries Private Limited, confirmed that there is no shareholding in ORIM Connect related to this engagement. Similarly, the company stated that neither party holds a relationship with the promoter or promoter group that would classify the transaction as a related party deal.
The agreement details confirm the professional arrangement between the two parties for the purpose of managing investor relations and consulting services.
Key aspects of the agreement are summarized below:
| Particular | Details |
|---|---|
| Appointed Party | ORIM CONNECT |
| Purpose of Agreement | Availing Consulting Services and appointment as Investor Relation Agency |
| Shareholding in ORIM Connect | NIL |
| Related Party Status | Not Applicable (NA) |
BHADORA Stock Price Movement
Today, Bhadora Industries Limited shares gained 3.86% to settle at ₹65.95 after the close, buoyed by market momentum. The stock saw vigorous trading in the post-market session, during which it traded 12,000 shares on that day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.