Information is Wealth. ⬇️
Infosys Ltd. has announced the opening of its second office in Aguadilla, Puerto Rico, with an investment of $200,000 and support from the Puerto Rico Economic Incentive Fund. This expansion will create 325 new jobs, adding to the current workforce of 300 employees. The new facility will enhance Infosys BPM's capacity to serve clients in various industries, including aerospace, healthcare, insurance, financial services, and telecommunications. The initiative aims to boost the local economy by providing employment opportunities for skilled local talent and strengthening Puerto Rico's position in the global market.https://www.bseindia.com/xml-data/corpfiling/AttachLive/eb1fc6e4-ffbf-4d8e-a790-3623dfa8924c.pdf |
Allcargo Gati Limited recently concluded a Qualified Institutions Placement (QIP) of equity shares, raising funds under the SEBI ICDR Regulations and the Companies Act, 2013. The Fund Raise Committee approved the closure of the issue on June 27, 2024, allocating 1,67,60,800 equity shares at ₹101 per share. This price included a premium of ₹99 per share. The placement price was set at a 4.78% discount to the floor price of ₹106.07 per share. The placement document was finalized and confirmation of allocation notes were sent to eligible buyers.https://www.bseindia.com/xml-data/corpfiling/AttachLive/51a1cccc-ab86-4a62-8b7e-a703d922d166.pdf |
TVS MOTOR COMPANY LTD. has incorporated a wholly-owned subsidiary, named TVS MOTOR COMPANY DMCC, in Dubai, UAE, on 27th June 2024. The subsidiary has a paid-up share capital of AED 50,000, divided into 50 ordinary shares of AED 1,000 each. The primary objective of TVS MOTOR COMPANY DMCC is to conduct consultancy research and studies aimed at enhancing business performance in the Middle East and African markets. The acquisition was completed with a cash consideration. TVS MOTOR COMPANY LTD. holds 100% of the shares in the new subsidiary.https://www.bseindia.com/xml-data/corpfiling/AttachLive/0c275a7d-697d-4d9d-adb5-0b9cbb3532bc.pdf |
Senco Gold Ltd has received a reaffirmation and assignment of credit ratings from ICRA for its bank facilities and fixed deposits program. The company’s bank facilities, totaling Rs 1,800 crore, have been rated [ICRA]\*\*A (Stable)\*\* and [ICRA]\*\*A2+\*\*. These ratings indicate a stable outlook. Additionally, the fixed deposits program, enhanced from Rs 235 crore to Rs 475 crore, has been rated [ICRA]\*\*A (Stable)\*\*. These ratings reflect an adequate degree of safety regarding timely servicing of financial obligations and low credit risk. The ratings are subject to annual review or as circumstances warrant.https://www.bseindia.com/xml-data/corpfiling/AttachLive/0edb447d-249c-4565-873b-9dfe52d8aac8.pdf |
India Shelter Finance Corporation Ltd has received an upgraded credit rating for its long-term bank facilities from CARE Ratings Limited. The rating has been revised to CARE AA-; Stable from CARE A+; Positive, reflecting improved financial and operational performance for FY24. The total rated amount for long-term bank facilities is ₹**1,335 crore**. This upgrade signifies enhanced creditworthiness and stability for the company.https://www.bseindia.com/xml-data/corpfiling/AttachLive/8873d80e-7c66-42e0-99c5-0c8a1cec517d.pdf |
Navkar Corporation Ltd is the target of an open offer by JSW Port Logistics Private Limited and JSW Infrastructure Limited. The offer aims to acquire up to 39,134,988 fully paid-up equity shares at INR 105.32 per share, representing 26% of the voting share capital. This follows a share purchase agreement where the acquirer agreed to purchase 105,919,675 equity shares (70.37% of the voting share capital) from the promoters at a maximum price of INR 95.61 per share, totaling INR 10,126,980,127. The transaction will result in the acquirer gaining control and becoming the promoter of Navkar Corporation Ltd.https://www.bseindia.com/xml-data/corpfiling/AttachLive/1187A0A9-B447-44DA-AC96-81F668393604-210834.pdf |
Vodafone Idea Ltd has demonstrated significant growth and strategic initiatives in the Indian telecom sector. As of March 31, 2024, the company boasts a subscriber base of approximately 213 million, covering over 487,000 towns and villages. The company has been focusing on expanding its 4G and 5G coverage with 13,900+ 4G MIMO radio deployments and 60+ distributed cloud locations. |
Naksh Precious Metals Ltd announced a Board Meeting scheduled for Friday, July 05, 2024, to discuss key business matters. The agenda includes considering and approving an increase in the company's authorized share capital from ₹**110,000,000 (11 Crore)** to ₹**220,000,000 (22 Crore)**. The company also plans to issue various equity-linked securities through permissible modes such as private placement or qualified institutions placement. This move is subject to shareholder and regulatory approvals. The meeting will also address any other business deemed necessary by the Board.https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b4865bf-bb05-4f87-94fe-ec7641b40498.pdf |
UMANG DAIRIES LTD. is primarily engaged in the dairy business, processing and selling milk and milk products, and trading cattle feed. The company is involved in a Scheme of Arrangement with Panchmahal Properties Limited and Bengal & Assam Company Limited, which includes the demerger of its dairy business and subsequent amalgamation. The equity shares of UMANG DAIRIES LTD. are publicly traded on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company has faced various tax and legal disputes, including a significant sales tax liability of Rs. 12.46 crore and other GST-related penalties. The financial statements for the year ended March 31, 2024, have been audited and show compliance with Indian Accounting Standards (Ind AS).https://www.bseindia.com/xml-data/corpfiling/AttachLive/18256462-6d8d-489f-95fa-bb5eabaa8c2e.pdf |
KPI Green Energy Ltd has announced the sanctioning of financial assistance amounting to Rs 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District, Gujarat. This project is part of the company's strategy to enhance its renewable energy portfolio and aims to achieve a total capacity of 1000 MWp by 2025. |
Inox Wind Limited has recently incorporated a wholly-owned subsidiary named Pokhran Wind Energy Private Limited on June 25, 2024. This new entity, established as a special purpose vehicle (SPV), aims to develop wind farms in India. The subsidiary has an authorized and paid-up capital of Rs. 1,00,000, divided into 10,000 equity shares of Rs. 10 each. As of now, the entity has not commenced business operations and thus reports a turnover of Nil. The incorporation is in line with Inox Wind's strategic expansion in the wind power industry, with the subsidiary registered with the Registrar of Companies, Gujarat at Ahmedabad.https://www.bseindia.com/xml-data/corpfiling/AttachLive/7fc7b893-5cb6-4961-9eae-62355cb93db2.pdf |
EFC (I) Limited has announced that its material unlisted wholly owned subsidiary (MWOS), EFC Limited, will acquire a 51% stake in Bigbox Ventures Private Limited. This acquisition is valued at Rs. 5,10,04,100 for 10,409 equity shares at Rs. 4,900 per share. As a result, Bigbox will become a step-down subsidiary of EFC (I) Limited. Bigbox, a managed workspace company, operates over 3,000 workstations across 9 locations in Pune and reported a turnover of Rs. 4,13,98,130 for FY 2022-23. The acquisition aims to expand EFC's market presence and improve operations in the managed office and co-working space industry.https://www.bseindia.com/xml-data/corpfiling/AttachLive/6d386fe9-cdbf-4bbc-9400-fcea1ac24407.pdf |
Dishman Carbogen Amcis Ltd's wholly owned subsidiary, CARBOGEN AMCIS AG, has successfully completed U.S. FDA inspections at its manufacturing sites in Hunzenschwil (Neuland) and Aarau, Switzerland. The inspections concluded with no Form 483 issued and were classified as "No Action Indicated." This achievement underscores the company's compliance with stringent regulatory standards, enhancing its credibility and operational excellence in the pharmaceutical manufacturing sector.https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7af8993-0e93-4785-992c-8227f973ffb5.pdf |
RBL Bank Ltd announced several key decisions following its Board of Directors meeting on June 27, 2024. The bank approved the appointment of M/s. KKC & Associates LLP as one of the Joint Statutory Auditors for a three-year term, replacing M/s. C N K & Associates LLP. Additionally, the authorized capital of the bank will be increased from Rs. 700 crore to Rs. 1,000 crore, involving the creation of 30 crore new equity shares. The bank plans to raise up to Rs. 3,500 crore through Qualified Institutions Placement and up to Rs. 3,000 crore via debt securities on a private placement basis. These proposals will be presented for approval at the upcoming 81st Annual General Meeting.https://www.bseindia.com/xml-data/corpfiling/AttachLive/9babffe9-2930-4956-8c31-86ff704f158c.pdf |
JSW Infrastructure Ltd has received a Letter of Acceptance from Southern Railway, Chennai Division for the Contract for Construction & Operation of Gati Shakti Multi-Modal Cargo Terminal (GCT) at Arakkonam, Chennai, Tamil Nadu. The project is expected to commence construction within three months of approval and is expected to be completed within eighteen months. The Railway land will be licensed for a period of 35 years. This contract is a significant step towards enhancing the company's pan-India logistics network for last-mile connectivity. The terms and conditions of the contract will be as per the agreement with Southern Railway, Bandra Kurla Complex, Bandra (East) Mumbai -400 051, and Arakkonam, Chennai, Tamil Nadu.https://www.bseindia.com/xml-data/corpfiling/AttachLive/01e29e8d-c475-4342-b196-8825dfe04d0a.pdf |
Exhicon Events Media Solutions Ltd has announced the acquisition of a 76% equity stake in Green Branch Contracting & Landscaping LLC. This strategic move, approved by the Board on June 27, 2024, aims to enhance Exhicon's service portfolio by integrating event venue construction, maintenance, and landscaping services. The acquisition, valued at AED 20,00,000, will be completed within 30 days and will make Green Branch a subsidiary of Exhicon. |
Exhicon Events Media Solutions Ltd has announced the acquisition of a 76% equity stake in Green Branch Contracting & Landscaping LLC. This acquisition, approved by the Board of Directors on June 27, 2024, will make Green Branch a subsidiary of Exhicon. |
Confidence Petroleum India Ltd. is a leading integrated LPG and CNG provider in India, established in 1993. The company operates 15 LPG cylinder manufacturing units and 68+ LPG bottling plants across the country, ensuring widespread access to affordable LPG. They also manage 260+ Auto LPG Dispensing Stations and have partnered with GAIL Gas India to establish 100 CNG stations, with 40+ already operational. Their subsidiaries include four high-pressure cylinder manufacturing plants, producing premium seamless cylinders for industrial applications. Confidence Petroleum is committed to sustainability, importing LPG directly from top refineries and investing in eco-friendly technologies.https://www.bseindia.com/xml-data/corpfiling/AttachLive/d2df7c22-91d3-44a4-b311-0c4ba7bd7979.pdf |
Confidence Petroleum India Ltd. has demonstrated significant growth and strategic advancements in FY 2023-24. The company raised ₹250 crore through a preferential allotment to BW VLGC PTE LTD, funding the expansion of its ALDS (Auto Liquified Petroleum Gas Dispensing Stations), Packed Cylinder Division, and CNG (Compressed Natural Gas) retailing segments. |
JSW Infrastructure Ltd has announced the acquisition of a 70.37% stake in Navkar Corporation Limited through its subsidiary, JSW Port Logistics Private Limited. This strategic move, dated June 27, 2024, aligns with JSW Infrastructure's goal to expand its logistics and value-added services, enhancing port connectivity and supply chain solutions. |
JSW Infrastructure Ltd has announced a significant acquisition through its wholly-owned subsidiary, JSW Port Logistics Private Limited. The company will acquire a 70.37% stake in Navkar Corporation Limited, amounting to 10,59,19,675 fully paid-up equity shares. This acquisition, valued at ₹1,644.03 crore, will enhance JSW Infrastructure's logistics capabilities, offering improved port connectivity and streamlined supply chain solutions. The transaction is expected to close by Q3FY25, subject to regulatory approvals. This strategic move aligns with JSW Infrastructure's long-term vision of building a pan-India logistics network for last-mile connectivity.https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8ee24f5-39ce-468b-91ee-960ccfd2246b.pdf |
Sinnar Bidi Udyog Limited has disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the floor price for delisting its equity shares. The floor price has been set at ₹**335** per equity share, determined in accordance with SEBI Delisting Regulations, 2021, and SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. This price was certified by Mr. Hitendra Ranka and communicated by Vivro Financial Services Private Limited on behalf of Rasbihari Enterprises Private Limited and Mr. Shrirang Kisanlal Sarda. The board of directors will review this proposal in their meeting on June 28, 2024.https://www.bseindia.com/xml-data/corpfiling/AttachLive/99ffb924-44f9-4dc2-9c59-0c05088dac45.pdf |
Biocon Ltd. reported a total revenue of ₹**15,621 Cr (~$1.9 Bn)** for FY24, with a significant 58% YoY growth in its biosimilars segment, reaching ₹**8,824 Cr**. The company has a global presence in 120+ countries and operates 8 manufacturing units. Biocon's generics business saw a 36% YoY increase in formulations, driven by statins and immunosuppressants. The company also achieved several regulatory approvals, including the first generic approval for gLiraglutide in the U.K. Biocon's R&D investments stood at 10% of revenues, emphasizing its commitment to innovation and growth. (BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001 To, The Secretary BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001 To The Secretary et al., n.d.).https://www.bseindia.com/xml-data/corpfiling/AttachLive/50b54493-f87d-4b55-a1dd-8a3d9d7c6cf7.pdf |
PI Industries Ltd has announced the incorporation of a wholly-owned subsidiary, named PI Industries Management Consultancies LLC, in Dubai, UAE, on June 27, 2024. The subsidiary has a share capital of AED 100,000, divided into 100 shares of AED 1,000 each. This acquisition aims to expand PI Industries' global footprint in the Agri business sector. The new entity will engage in holding investments, providing management consultancies, and other related activities. The acquisition was completed with a 100% cash subscription to the share capital at par value.https://www.bseindia.com/xml-data/corpfiling/AttachLive/f282d699-49f4-46b4-9114-5fc7db80fdb9.pdf |
Reliance Industries Ltd. has announced that its subsidiary, Reliance Jio Infocomm Limited, is introducing new unlimited plans starting from July 3, 2024. These plans offer truly unlimited 5G data across India at no additional cost, reinforcing Jio's commitment to providing the best value and service to its users. |
Ishaan Infrastructures and Shelters Ltd has scheduled a Board Meeting on 1st July 2024 at 4:00 PM to discuss key matters including: |
Asian Paints Ltd. has announced the completion of a significant acquisition Through its wholly-owned subsidiary, Asian Paints International Private Limited (APIPL), Singapore |
JK Tyre & Industries Ltd. has announced a revision in its credit ratings under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The long-term bank facilities have been upgraded to CARE A+; Stable from CARE A; Stable, and the long-term/short-term bank facilities have been revised to CARE A+; Stable / CARE A1 from CARE A; Stable / CARE A1. This rating revision reflects a significant improvement in the company's financial risk profile, characterized by enhanced profitability margins, overall gearing, and coverage indicators. The company received confirmation of these ratings on 27th June 2024 at 11:01 A.M.https://www.bseindia.com/xml-data/corpfiling/AttachLive/ead71650-f4d8-4cc5-ae17-b5485c756de0.pdf |
Sinnar Bidi Udyog Ltd. is undergoing a voluntary delisting of its equity shares from BSE Limited. The delisting offer is made by Rasbihari Enterprises Private Limited and Shrirang Kisanjal Sarda, along with other persons acting in concert (PACs). The fair value of the equity shares has been determined at ₹**335** per share by Mr. Hitendra Ranka, a practicing chartered accountant and registered valuer. This valuation is in accordance with the SEBI Delisting Regulations, 2021, and the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011.https://www.bseindia.com/xml-data/corpfiling/AttachLive/784641BC-1CAE-48BF-B37F-F5BD1388F40D-175421.pdf |
Dalmia Industrial Development Ltd announces resignation of statutory auditors, Ghosh & Ghosh, Chartered Accountants, effective June 27, 2024. The resignation was due to the expiration of their Peer Review Certificate, which could not be renewed in time. The auditors had been appointed on November 30, 2021, and their term was set to expire at the Annual General Meeting for the year 2025-26. The latest audit report was submitted on May 20, 2024. |
IVP Limited has been a pioneer in industrial solutions since 1929, with a focus on Phenolic Resins and Polyurethane Resins. The company operates state-of-the-art manufacturing facilities in Tarapur and Bengaluru, boasting an annual production capacity of 50,000 tonnes and a diverse product portfolio serving over 500 clients. |
Brigade Enterprises Ltd. has launched a premium residential project named Brigade Insignia in Yelahanka, Bengaluru. The project features six towers with 379 units of 3, 4, and 5 BHK apartments, including limited edition Sky Villas, spread across a 6-acre land parcel. It has a revenue potential of ₹**1100 Cr** and a total development area of 0.90 million sq. ft. The project promises unparalleled comfort and luxury, with modern amenities such as a swimming pool, spa, fitness studio, squash and badminton courts, a luxurious clubhouse, and landscaped gardens. The project is expected to be completed by June 2029.https://www.bseindia.com/xml-data/corpfiling/AttachLive/5bee70a1-c883-41bb-b1f0-37d214e80545.pdf |
WIPRO LTD. has announced the voluntary de-registration of its stepdown subsidiary, Attune Australia Pty Ltd, effective from June 26, 2024. The completion of this liquidation was recorded in the Commercial registry on June 27, 2024. |
G.D. TRADING & AGENCIES LTD. has officially changed its name to RRP SEMICONDUCTOR LIMITED as of June 27, 2024. This change was approved by the Registrar of Companies (CRC) and disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. The company, originally incorporated under the name G.D. TRADING AND AGENCIES LIMITED, is now recognized under its new name, which is effective immediately. This rebranding does not affect the rights and liabilities of stakeholders, and the company is required to display its old name alongside the new name for a period of two years.https://www.bseindia.com/xml-data/corpfiling/AttachLive/dbf6a872-d37f-439a-9fab-f5ed9b81dc9a.pdf |
CFF Fluid Control Ltd has secured a significant contract for the Procurement of Spare P75 Project from Material Organisation, Mumbai. The contract is valued at approximately INR 9.58 Crores (including tax). The contract is set for delivery by December 2024. There is no involvement of the promoter group in the awarding entity**, and the contract does not fall under related party transactions. This development is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.https://www.bseindia.com/xml-data/corpfiling/AttachLive/599927fe-e91b-4a63-9a2e-cea7889bcd63.pdf |
WIPRO LTD. has announced the completion of the merger of Designit North America, Inc. with Wipro Designit Services, Inc., effective from July 1, 2024. |
Dhampur Bio Organics Ltd. announced a revision in its credit rating on June 27, 2024. CARE Ratings Limited downgraded the company's long-term bank facilities from CARE A+; Stable to CARE A; Stable. This change reflects a shift in the company's financial outlook, which stakeholders should note for future reference. The company remains committed to maintaining transparency and compliance with SEBI regulations.https://www.bseindia.com/xml-data/corpfiling/AttachLive/624c73b4-f337-4e96-a0ee-aee5cc603ac5.pdf |
YES BANK LTD. has disclosed the receipt of a One Time Settlement (OTS) amount from a stressed loan exposure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank executed an OTS agreement on March 28, 2024, with the borrower agreeing to pay a total of USD 23.0 million. The payment was structured in two tranches: USD 5.0 million received earlier upon execution of the Settlement Agreement, and USD 18.0 million received recently. The net amount received from Tranche 2 exceeds the materiality threshold, necessitating this disclosure.https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8ece3ad-c68a-497a-90d2-0191d8150fcd.pdf |
Grasim Industries Ltd., a flagship company of the Aditya Birla Group, has been recognized as a "Sustainable Organisation 2024" by the Times Now - Global Sustainability Alliance. The company, which started as a textiles manufacturer in 1947, has evolved into a diversified player with leadership in Cellulosic Fibres, Diversified Chemicals, Fashion Yarn, and Fabrics. In FY 2024, Grasim reported consolidated net revenue of ₹1,30,978 Cr and EBITDA of ₹20,837 Cr. The company is also expanding into the paints business under the brand name ‘**Birla Opus**’ and has launched ‘**Birla Pivot**’, a B2B online marketplace for building materials.https://www.bseindia.com/xml-data/corpfiling/AttachLive/0d6345ad-bd9f-4976-9de0-21dee3b69e80.pdf |
Updater Services Ltd has approved the amalgamation of its wholly-owned subsidiaries, Stanworth Management Private Limited and Tangy Supplies & Solutions Private Limited, with itself. This merger, effective from April 1, 2024, aims to enhance financial strength, operational efficiencies, and shareholder value. |
Shree Ajit Pulp and Paper Limited has announced key decisions from its recent Board of Directors meeting held on June 27, 2024. The company approved the appointment of Mr. Chinmay Mayank Methiwala as the Company Secretary & Compliance Officer. additionally, The Board sanctioned the first and final call of ₹**32 per share** (comprising ₹**4 towards face value** and ₹**28 towards share premium**) for 35,71,133 outstanding partly paid-up equity shares. The record date for determining eligible shareholders is set for July 5, 2024, with the call payment period scheduled from July 15, 2024, to July 29, 2024.https://www.bseindia.com/xml-data/corpfiling/AttachLive/c5fe4c7b-ccef-4203-aab6-87196fdc736a.pdf |
Sindu Valley Technologies Ltd. has announced the resignation of its Chief Financial Officer, Mr. Siva Prasad Dindakurthi, effective from the close of business hours on June 26, 2024. This decision is attributed to a proposed change in the company's management. Mr. Dindakurthi has confirmed that there are no reasons for his resignation other than those mentioned in his resignation letter dated June 26, 2024. The company has acknowledged his resignation and will take necessary steps to inform the Registrar of Companies and Stock Exchanges as required by law.https://www.bseindia.com/xml-data/corpfiling/AttachLive/f7905f25-0cc1-4f71-93d5-2e6972d560f4.pdf |
Ambuja Cements Ltd. has announced the merger of Adani Cementation Ltd. (ACL) with itself, which will result in Adani Cement Industries Ltd. becoming a wholly-owned subsidiary of Ambuja Cements. |
Ambuja Cements Ltd. has announced the approval of a proposed Scheme of Amalgamation with Adani Cementation Limited. The amalgamation aims to consolidate cement capacity within the group, enhancing manufacturing efficiency and shareholder value. |
Adani Enterprises Ltd. has announced a proposed Scheme of Amalgamation involving its wholly-owned subsidiary, Adani Cementation Limited (ACL), merging with Ambuja Cements Limited. The board approved this on June 27, 2024, under sections 230 to 232 of the Companies Act, 2013. |
DCM Shriram Limited successfully commencedOperation 120 MW captive power plant at its chemical complex in Jhagadia, Bharuch District, Gujarat, on June 27, 2024, at 10:00 am. This strategic project is designed to enhance cost efficiencies at the Bharuch Complex. The updateOfficially recordedAvailable on the company's website.https://www.bseindia.com/xml-data/corpfiling/AttachLive/f3477fd0-c32f-4181-8fb3-2169ea69d903.pdf |
Black Box Limited receives approval from NCLT for Scheme of Reduction of Share Capital under Section 66 read with Section 52 of the Companies Act, 2013. The scheme involves the following reductions: |
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Fedders Electric and Engineering Ltd has announced a Board Meeting scheduled for July 2, 2024. The meeting will consider and approve a proposal for raising funds through the issuance of redeemable preference shares via Private Placement. This decision is subject to necessary statutory and regulatory approvals, including shareholder approval if required. The Board may also consider conducting a Postal Ballot to seek shareholder approval for the proposal. Additionally, the trading window for dealing in the company's securities will be closed for all designated persons and their immediate relatives in accordance with the company's Code of Conduct and SEBI regulations.https://www.bseindia.com/xml-data/corpfiling/AttachLive/79ca6fa8-5b8c-4367-971c-194350a82006.pdf |
R&B Denims Ltd announced a change in its statutory auditors following a board meeting on June 27, 2024. The board accepted the resignation of M/s. Pradeep K. Singhi & Associates, effective June 26, 2024, due to the completion of their tenure. Subsequently, M/s. R P R & Co. was recommended and appointed as the new statutory auditors for the financial year 2024-25 until the next Annual General Meeting. The transition aims to ensure a smooth workflow within the company.https://www.bseindia.com/xml-data/corpfiling/AttachLive/027aa00e-50e8-4391-83df-09b0e6329c6b.pdf |
Gogia Capital Services Limited announced the resignation of their Statutory Auditors, M/s Sandeep Kumar Singh & Co., due to pre-occupations, effective June 25, 2024. The resignation was communicated through a letter dated June 25, 2024, and the details were disclosed in compliance with SEBI regulations. The resignation letter and Annexure A, detailing the reason for resignation and date of cessation, were attached to the official communication. The announcement was signed by Bharti Rana, the Chief Financial Officer, Company Secretary, and Compliance Officer of Gogia Capital Services Ltd.https://www.bseindia.com/xml-data/corpfiling/AttachLive/f7cd857d-a718-4f26-9ee9-00f66dbf3e89.pdf |
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Globus Spirits Ltd. announced the launch of new brands on June 27, 2024. Expanding its portfolio, the company introduced: |
Sumeet Industries Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP). On 27.06.2024, the company updated the BSE Limited and the National Stock Exchange of India Ltd regarding the status of their resolution plan. The Hon’ble National Company Law Tribunal (NCLT) Ahmedabad Bench has reserved the order for the approval of the resolution plan, which will be reconsidered on 01.07.2024 following a directive from the Hon’ble National Company Law Appellate Tribunal (NCLAT). The company has requested that this information be recorded for future reference.https://www.bseindia.com/xml-data/corpfiling/AttachLive/003575fe-cdb0-4318-a4fc-d7d424ded463.pdf |
Infosys Ltd. has announced a collaboration with Qorus to host the 11th edition of the Qorus-Infosys Finacle Banking Innovation Awards. The awards are aimed at recognizing and celebrating innovative banking initiatives worldwide. The awards will cover seven categories, including Business Model Transformation and Social, Sustainable & Responsible Banking. The winners will be announced on October 8, 2024. Last year, the awards received over 450 entries from 61 countries. This collaboration underscores Infosys Finacle's commitment to fostering innovation in the banking sector, helping financial institutions globally to navigate disruptions and leverage emerging technologies.https://www.bseindia.com/xml-data/corpfiling/AttachLive/3753650c-a359-4c59-b3d1-479de283d392.pdf |
T.T. LIMITED has disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that Smt. Kala Devi Jain, a member of the promoter group, sold 30,409 equity shares of the company between June 24, 2024, and June 26, 2024. Post-disposal, her holding reduced to 100 shares carrying voting rights, representing 0.00% of the total voting capital. The equity share capital of T.T. LIMITED before and after the transaction remained at 21,498,050 shares.https://www.bseindia.com/xml-data/corpfiling/AttachLive/127993f1-99ab-4208-bdf1-7a05e3ac3b4c.pdf |
Swan Energy Limited announced the pre-payment of ₹**300 crore** debt for its Floating Storage and Regasification Unit (FSRU) Project. This payment was made by its subsidiary, Triumph Offshore Pvt. Ltd. (TOPL), to a consortium of lenders. This action follows an earlier disclosure dated December 26, 2023. The company has committed to providing further updates on this matter as they become available.https://www.bseindia.com/xml-data/corpfiling/AttachLive/29f1c114-9ad2-4f75-ad06-fa520f4151f8.pdf |
Fedders Electric and Engineering Ltd. has announced a Board Meeting scheduled for July 1, 2024, to consider and approve a proposal for raising funds through the issuance of redeemable preference shares via Private Placement. This decision is subject to necessary statutory and regulatory approvals, including shareholder approval if required. The Board may also consider conducting a Postal Ballot to seek shareholder approval for the proposal. Additionally, the trading window for dealing in the company's securities will be closed for all designated persons and their immediate relatives in accordance with the company's Code of Conduct and SEBI regulations.https://www.bseindia.com/xml-data/corpfiling/AttachLive/aef2a0fc-16cf-4f26-a88f-0d8c4a80c94f.pdf |
Lakshmi Mills Company Ltd. has announced a significant reduction in its production process by 25-30% due to adverse market conditions affecting the spinning segment of the textile industry. This decision comes as the industry faces a decline in demand both domestically and in export markets. The company is hopeful for an improvement in market conditions and a revival in demand for yarn, particularly in anticipation of the upcoming festive season. (n.d.)https://www.bseindia.com/xml-data/corpfiling/AttachLive/00c920aa-5462-423d-b5b5-f25c06c5c595.pdf |
AGS Transact Technologies Ltd has introduced ATM cash withdrawals on its Ongo Prepaid Payment Instrument (PPI) platform, enhancing the reimbursement experience for corporate users. This feature enables direct cash withdrawals from Ongo prepaid cards at over 2.6 lakh ATMs on the NPCI network. Ongo prepaid cards, which are open-loop RuPay cards, offer a secure and convenient solution by eliminating the need to expose bank account information during transactions. Users can load up to INR 2,00,000 in their Ongo PPI, with cash withdrawals capped at INR 2,000 per transaction and INR 10,000 per month as per RBI guidelines. This initiative aims to integrate digital and cash transactions seamlessly, catering to the needs of modern corporate employees.https://www.bseindia.com/xml-data/corpfiling/AttachLive/955bd307-da28-4965-82be-5455c226789b.pdf |
Star Cement Ltd has released its Investor Presentation for Q4 FY24, highlighting significant achievements and financial performance. The company reported a 12% YoY increase in sales volume and a sharp growth in bottom line due to cost optimization and operational efficiencies. Revenue for Q4 FY24 stood at INR 922 Cr, with EBITDA at INR 188 Cr and PAT at INR 87 Cr. The company also emphasized its expansion plans, including new grinding units and increased clinker capacity. Additionally, Star Cement is committed to sustainability, aiming for 55% green energy by FY26 and net zero carbon footprint by 2050.https://www.bseindia.com/xml-data/corpfiling/AttachLive/b1cb3bcf-f4df-4bb6-852b-d273c417269f.pdf |
Wanbury Limited has secured a Rs. 60 crore term loan from Tata Capital Limited at an interest rate of 12.50% per annum, repayable over seven years. The funds will be utilized for long-term working capital requirements and capex. This financial update is in compliance with Regulation 30 (6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.https://www.bseindia.com/xml-data/corpfiling/AttachLive/26298958-c4b3-489e-a482-8fcea7bf05f5.pdf |
UltraTech Cement Ltd. has announced a significant financial investment in The India Cements Limited. The Board of Directors approved the acquisition of up to 7.06 crore equity shares at a price of up to Rs. 267 per share, constituting around 23% of ICL's equity share capital. Subsequently, UltraTech acquired 6,02,48,983 shares, representing 19.44% of ICL. The company also approved an additional acquisition of up to 3.4% equity shares at Rs. 285 per share. |
Sheela Foam Ltd. held a Board meeting on June 27, 2024, to discuss the draft Composite Scheme of Arrangement involving Belvedore International Limited, Kanvas Concepts Private Limited, Kurlon Retail Limited, Komfort Universe Products And Services Limited, and Starship Value Chain and Manufacturing Private Limited. The Board approved an addendum to the valuation report and fairness opinion, based on the audited consolidated financial statements of Kurlon Enterprise Limited as of March 31, 2024. Despite the updates, there was no change in the Share Exchange Ratio specified in the draft Scheme.https://www.bseindia.com/xml-data/corpfiling/AttachLive/8392d164-40fd-459e-a759-359a6e7610eb.pdf |
Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance from North Central Railway for the provision of EI-based automatic signaling with continuous track circuiting and other associated works, including suitable indoor alterations in electronic interlocking/RRI/PI stations en route in the Dhaulpur-Gwalior section of the Jhansi division. The project, valued at Rs. 72,73,45,018.74 (Rupees Seventy-Two Crore Seventy-Three Lakh Forty-Five Thousand Eighteen and Seventy-Four Paisa Only), is to be executed within 455 days. This contract is a domestic order, and there is no interest from the promoter group or related party transactions involved.https://www.bseindia.com/xml-data/corpfiling/AttachLive/efb5c6e2-b483-4a21-93d4-d8901d509566.pdf |
Genesys International Corporation Ltd. has announced a strategic partnership with NNG, a leading provider of automotive navigation and connected car technology solutions. This collaboration aims to revolutionize the Indian automotive industry by integrating Genesys' advanced mapping data with NNG's AI-powered navigation systems. NNG's technology, embedded in over 30 million vehicles globally, will enhance Genesys' offerings in the connected car technology space. The partnership is expected to deliver advanced solutions, including AI-powered maps and Advanced Driver Assistance Systems (ADAS), to improve the driving experience for Indian motorists. |
Shriram Asset Management Company Limited has announced the launch of the Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund tracking the Nifty 1D Rate Index. The New Fund Offer (NFO) will be open for subscriptions from July 1, 2024, to July 3, 2024. This ETF provides investors with high liquidity, relatively low interest rate risk, and higher returns compared to traditional savings accounts. |
Consecutive Investment & Trading Company Ltd is the target of an open offer by M/s Birford Enterprises Private Limited for the acquisition of up to 20,81,950 equity shares, representing 26.00% of its voting share capital. This offer is in compliance with the SEBI (SAST) Regulations, 2011, and subsequent amendments. |
Coforge Ltd has been recognized as an 'Exceptional Performer' in the 2024 UK IT Sourcing Study by Whitelane Research. The company achieved a significant 3% increase in general satisfaction, reaching an impressive 82%, which is above the industry average of 73%. |
In the 2024 UK IT Sourcing Study, Coforge Limited (NSE: COFORGE) was recognized as an 'Exceptional Performer' by Whitelane Research. They achieved high rankings in various categories, including being ranked #2 in General Satisfaction with an 82% score, #2 in Application Services with an 82% satisfaction score, #4 in Cloud & Infrastructure Services with an 80% satisfaction score, and #4 in Digital Transformation with an 80% satisfaction score. Additionally, Coforge excelled in the Financial Services and "Other" industries categories, showcasing their commitment to delivering superior service and innovation to their clients.https://www.bseindia.com/xml-data/corpfiling/AttachLive/5548f46c-b6b8-44ce-8e70-b5cb4e6ceb23.pdf |
Route Mobile Limited, a leading communication services provider, recently announced a strategic partnership with Microsoft and Proximus Group. The partnership focuses on digital communications and cloud collaboration, aiming to enhance customer engagement and security services through Communication Platform as a Service (CPaaS) and Digital Identity (DI) solutions. Proximus will migrate key platforms to Microsoft's Azure Cloud for improved scalability and security, integrating AI technologies for enhanced customer service. Microsoft will also optimize Proximus' go-to-market strategy in Belgium, strengthening their position as a top-tier Microsoft reseller. This partnership signifies a significant step towards technological advancement and value delivery to customers (**Mumbai -400 064, India**).https://www.bseindia.com/xml-data/corpfiling/AttachLive/eaf3414e-2020-47c4-89cb-9e14dc0402f2.pdf |
Datamatics Global Services Ltd. recently achieved ISO 42001:2023 Certification for Artificial Intelligence Management Systems. This certification positions the company as an early global adopter of AI. This achievement underscores Datamatics' commitment to integrating AI across its operations and technologies. |
AUROBINDO PHARMA LTD recently received an Establishment Inspection Report from the U.S. Food and Drug Administration (FDA) for their injectable facility at Eugia SEZ Pvt. Ltd. The facility was classified as "Voluntary Action Indicated" (VAI) after an inspection conducted from February 19 to February 29, 2024. This information was disclosed to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.https://www.bseindia.com/xml-data/corpfiling/AttachLive/654e7db5-ab45-4ca6-af98-ac2afed6b8a1.pdf |
BENGAL & ASSAM COMPANY LIMITED had its credit rating reaffirmed by Care Ratings Limited as CARE AA-; Stable. The company's General Manager, Shri Harish Wadhawan, received a confidential letter regarding the issuer rating on June 26, 2024. The rating is an opinion on the general creditworthiness of the company and not specific to any particular debt instrument. Care Ratings Ltd. reserves the right to revise, reaffirm, or withdraw the rating based on periodic reviews and events. Users are advised to refer to the Care Ratings website for the latest updates on the outstanding rating. (n.d.)https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3c3cdd1-d99b-44c5-9af6-84f6b6b44087.pdf |
Bharti Airtel Limited recently announced that its subsidiary, Nxtra by Airtel, has joined the RE100 initiative to become a 100% renewable energy data center company. Nxtra is the first data center in India and the 14th Indian company to join RE100. The company aims to achieve net-zero status by 2031 and has already contracted 422,000 MWh of renewable energy. In FY 2023-24, Nxtra saved approximately 156,595 tCO2e emissions through renewable energy sources (Krishan et al., n.d.).https://www.bseindia.com/xml-data/corpfiling/AttachLive/309cd361-5c95-4791-9613-ed9b98d34e89.pdf |
UltraTech Cement Limited made a financial investment to purchase up to 7.06 crores equity shares of The India Cements Limited, at a price of up to Rs. 267 per share, constituting around 23% of the equity share capital of ICL. |
JSL Industries Ltd. recently settled a case under the "SABKA VISHWAS LEGACY DISPUTE RESOLUTION SCHEME-2019" at the Customs, Excise & Service Tax Appellate Tribunal West Zonal Bench in Ahmedabad. The appeal against the matter, which was already settled by the company, was dismissed as deemed withdrawn. |
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