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Dr. Reddy's Laboratories Ltd. recently held an investor call to discuss the acquisition of Nicotinell® and related brands outside the US from Haleon plc. The acquisition, valued at GBP 500 million, includes an upfront cash payment of GBP 458 million and an earn-out payment of up to GBP 42 million. This deal adds market-leading brands like Nicotinell®, Nicabate®, Habitrol®, and Thrive®** to Dr. Reddy's portfolio, enhancing their presence in over 30 markets, including Europe, Canada, Australia, and Japan. The acquired portfolio generated GBP 217 million in revenue in 2023** and is expected to be margin-accretive. The transaction is anticipated to close in early Q4 2024, subject to regulatory approvals. https://www.bseindia.com/xml-data/corpfiling/AttachLive/663cb7b9-7ae1-4d10-9e15-c1d074db3902.pdf |
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has officially rebranded following the receipt of a new Certificate of Incorporation from the Registrar of Companies and a Certificate of Registration from the RBI as an NBFC-ICC. The company will soon update its name and trading symbol on stock exchanges. This rebranding aligns with its strategic focus on retail loans, particularly affordable home loans and mortgage-backed loans to small businesses. |
Bharat Wire Ropes Ltd has received an upgraded credit rating from CARE Ratings Limited on July 2, 2024. The long-term bank facilities rating was revised to CARE BBB+; Stable, from CARE BBB; Stable, and the short-term bank facilities rating was upgraded to CARE A3+ from CARE A3. |
G.D. Trading & Agencies Ltd. has announced the resignation of its statutory auditors, M/s. Maheshwari & Associates, effective immediately as of July 1, 2024. The resignation was due to the auditors' engagement in other urgent assignments. This information was communicated to the company on July 2, 2024, and is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3a0be2c8-b5df-4c80-bd6d-3f652d9951a8.pdf |
Ambassador Intra Holdings Ltd announced the resignation of Mr. Siddartha Ajmera (DIN: 00028379) from his position as Chairman & Managing Director, effective from the close of business hours on Monday, 02nd July 2024. The resignation is attributed to his preoccupation. |
MEDIAONE GLOBAL ENTERTAINMENT LTD. has announced an arbitral award dated April 8, 2024, following a dispute with EROS INTERNATIONAL MEDIA LTD. The award resolves a claim where Mediaone sought a refund of ₹63.61 crores for an incomplete co-production agreement. The settlement includes the assignment of copyrights for the film "Kochadaiyan" and five other films, valued at ₹22 crores, and an additional ₹23 crores in film copyrights. Furthermore, the respondents will pay ₹5 crores in 24 installments, totaling a settlement of ₹50 crores. This agreement also involves the release of mortgages on several properties. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a3060486-da8c-459a-ae98-1cd3c945163b.pdf |
Bazel International Ltd. has received approval from the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, for its Resolution Plan concerning S R Industries Limited. The plan, approved on 01.07.2024, involves restructuring share capital and other proposals. The Committee of Creditors (CoC) approved the plan with a 98.30% majority during its 34th meeting. The plan's implementation is scheduled within 90 days from the effective date, with a performance guarantee of Rs. 1,17,00,000/- from Kotak Mahindra Bank. The moratorium order under Section 14 of the IBC, 2016, will cease upon the plan's approval. (no specific date mentioned) https://www.bseindia.com/xml-data/corpfiling/AttachLive/2dea1c48-24f5-439c-9d80-145ccc08cead.pdf |
MEDIAONE GLOBAL ENTERTAINMENT LTD. has announced an arbitral award dated April 8, 2024, following a dispute with EROS INTERNATIONAL MEDIA LTD.. The arbitration, initiated on February 8, 2024, involved a claim of ₹63,61,43,589 for the co-production of three Tamil films. The settlement includes the assignment of copyrights for the film "Kochadaiyan" and five other films, valued at ₹22 crores, and an additional ₹23 crores worth of feature film copyrights. Furthermore, the respondents will pay ₹5 crores in 24 installments, leading to a total settlement of ₹50 crores. The claimant will release mortgages on several properties as part of the agreement. https://www.bseindia.com/xml-data/corpfiling/AttachLive/280e26b7-0030-400a-b2f4-493968cb4d39.pdf |
Bharat Parenterals Ltd held its 31st Annual General Meeting on July 2, 2024, via video conferencing. The company reported a 12.4% increase in standalone revenue to ₹266.1 crore for FY24, with a standalone EBITDA of ₹40.4 crore and a profit after tax of ₹22.6 crore. Economicicians consolidated EBITDA stood at ₹30.96 crore. The company raised ₹95 crore in May 2024, increasing its stake in Innoxel Lifesciences to 55.89%. Bharat Parenterals also acquired 100% stakes in Varenyam Bio-Sciences and Varenyam Healthcare, expanding its market presence across various geographies and therapeutic segments. For FY25, the management anticipates an 18-20% increase in standalone revenues and EBITDA margins of 18-20%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/2f66fa01-26dc-4f4b-bd47-b682600216da.pdf |
Himatsingka Seide Ltd. has invested Rs. 4 crores in Isharays Energy One Private Limited by acquiring 40,00,000 Class A equity shares at Rs. 10/- per share, representing 10.97% of the total paid-up capital. This investment aims to meet the company's green energy requirements and reduce its carbon footprint. |
IRRM Holdings India Ltd (formerly known as Sudev Industries Limited) has announced the acquisition of remaining shares in its step-down subsidiaries by its subsidiary, Sampada Business Solutions Limited (SBSL). The acquisitions include: |
Bazel International Ltd. has received approval from the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, for its Resolution Plan concerning S R Industries Limited under the Insolvency and Bankruptcy Code, 2016. The plan, approved on 01.07.2024, includes restructuring share capital and other proposals. The Committee of Creditors (CoC) approved the plan with a 98.30% majority. The plan's implementation is scheduled within 90 days from the effective date, with a performance guarantee of ₹1.17 crore from Kotak Mahindra Bank. The moratorium order under Section 14 of the IBC will cease upon the plan's approval. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4e16fed6-45af-46fa-9f72-3adeb140560c.pdf |
MOIL Ltd. achieved significant milestones in April-June 2024, recording its highest-ever quarterly sales with a 14.5% year-over-year growth. The company also reported a record quarterly production of 4.70 lakh tonnes, marking a 7.8% increase year-over-year. Additionally, MOIL intensified its exploration activities, completing 30,028 meters of exploratory core drilling, a 49% rise compared to the previous year. CMD Shri Ajit Kumar Saxena praised the team for overcoming the first quarter syndrome and expressed optimism about maintaining this momentum. https://www.bseindia.com/xml-data/corpfiling/AttachLive/6689b279-33b7-4786-b3a2-841ffa360c76.pdf |
Confidence Petroleum India Ltd. has acquired 100.01\% of the equity share capital of Punjab Petroleum Corporation Limited (PPCL), amounting to 22,50,000 equity shares at a face value of Rs. 10/- each. This acquisition, effective from 1st July 2024, will make PPCL a subsidiary of Confidence Petroleum. |
Windsor Machines Ltd. is undergoing a substantial acquisition of shares and control by Plutus Investments and Holding Private Limited. The open offer aims to acquire up to 1,68,82,268 equity shares, representing 26% of the company's fully paid-up equity share capital, at ₹**100** per share. This follows the acquisition of 3,50,00,000 shares (53.90% of voting share capital) through a Share Purchase Agreement. |
Orient Tradelink Ltd. has announced the success of its innovative television program, "We the Change," in collaboration with Aum Sportainment Private Limited. This show uniquely blends spirituality and sports, featuring esteemed athletes and spiritual guide Aushim Khetarpal. The program has achieved impressive TRP ratings. Starting July, it will air every Sunday at 9 PM, aiming to double revenues. The program has garnered significant sponsorship interest, with projected profits exceeding two crores over the next two years. "We the Change" not only celebrates Indian athletes but also aims to inspire national transformation and unity. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5b998aa7-6ad6-4d2c-9f0a-ee3078e0feef.pdf |
Orient Tradelink Ltd. has announced the success of its innovative television program, "We the Change." The show blends spirituality and sports, featuring esteemed athletes and spiritual guide Aushim Khetarpal. The program has achieved impressive TRP ratings and will air every Sunday at 9 PM starting July. With increasing sponsorship and projected profits exceeding two crores over the next two years, the program aims to celebrate Indian athletes and inspire national transformation and unity. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ea252e28-c22f-4124-949d-d22e12e76ad2.pdf |
Shalimar Paints Ltd. has announced the resignation of Mr. Ashok Kumar Gupta from his position as Managing Director and Key Managerial Personnel, effective from the close of business hours on July 02, 2024. Mr. Gupta's resignation is aimed at pursuing further avenues. Despite challenges, under his leadership, the company's revenue increased faster than the industry average, although profitability was not achieved. The company's operations are currently managed by COO Mr. C. Venugopal. Mr. Gupta has expressed his appreciation for the team and the promoters' support during his tenure. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d583cf2b-c4c1-4145-86a1-13d9a2403700.pdf |
Madhuveer Com 18 Network Ltd has deferred the issuance of 1,00,00,000 equity shares on a preferential basis due to pending trading approval for previously allotted 1,50,0,000 equity shares. The company had filed for trading approval on July 1, 2024, following the allotment on June 1, 2024. As per SEBI ICDR Regulations, the pre-preferential allotment shareholding must be locked-in for 90 trading days from the date of trading approval. The Board of Directors decided on July 2, 2024, to delay further actions until the trading approval is received. The company will submit a fresh intimation for fundraising post-approval. https://www.bseindia.com/xml-data/corpfiling/AttachLive/567310ed-69b9-46a1-a05b-7136baf5828d.pdf |
Khadim India Ltd has received a credit rating update from CARE Ratings Limited for its bank facilities. The long-term bank facilities, amounting to ₹140.24 crore, have been reaffirmed at CARE BBB (RWD), indicating they continue to be on Rating Watch with Developing Implications. The short-term bank facilities, totaling ₹31.50 crore, have been rated CARE A3+ (RWD), also on Rating Watch with Developing Implications. The total rated facilities amount to ₹171.74 crore. This rating action reflects the company's operational and financial performance for FY24 and recent developments. https://www.bseindia.com/xml-data/corpfiling/AttachLive/55850878-c33f-422a-bf17-813a190116a0.pdf |
FORCE MOTORS LIMITED reported its sales data for June 2024, highlighting a 12.66% increase in domestic sales of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), and Utility Vehicles (UV) with 2,465 units sold compared to 2,188 units in June 2023. However, export sales for the same category saw a significant 80% decline, with only 88 units sold in June 2024 compared to 440 units in June 2023. The combined domestic and export sales for SCV, LCV, and UV categories decreased by 2.85%, totaling 2,553 units in June 2024, down from 2,628 units in June 2023. The company also noted the discontinuation of its Tractor business as of March 31, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/dc42f417-8596-4193-b916-59bfa61b5a77.pdf |
Containerway International Ltd held a Board Meeting on July 2, 2024. During the meeting, the Board of Directors approved the substitution/alteration in the Main Object Clauses of the Memorandum of Association for Containerway International Ltd, subject to shareholder approval in the upcoming Annual General Meeting or Extraordinary General Meeting. The meeting commenced at 6:00 PM and concluded at 6:20 PM. This decision aligned with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. https://www.bseindia.com/xml-data/corpfiling/AttachLive/2818d5d9-f94f-4e00-b2ad-bc4de8adf1ba.pdf |
Praveg Ltd. has announced that Abhik Advertising Private Limited and Bidhan Advertising and Marketing Private Limited have become its subsidiaries following the allotment of equity shares through a preferential allotment. The company acquired a 51% stake in both entities by being allotted: |
Kirloskar Electric Company Ltd. recently entered into a settlement agreement with Mr. Edgar Gronda, acting as the insolvency administrator for LD Abwicklungsgesellschaft mbH & Co. KG. The company will pay EUR 125,000 in 6 monthly installments as part of the agreement. This settlement does not have any significant impact on the management or control of the company. The parties involved are not related to the promoter group, and the transaction is not considered a related party transaction. Additional details about the agreement and its terms have been disclosed as per regulatory requirements (Corporate Relationship Department, BSE Limited, 2 nd Floor, Corporate Relationship Department, BSE Limited et al., n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/1b2f89de-8500-4282-87a2-08d25e26d178.pdf |
MosChip Technologies Limited recently partnered with Centre for Development of Advanced Computing (C-DAC) and Socionext Inc. to develop a High Performance Computing Processor (AUM) based on Arm architecture. The press release highlighted their collaboration and the development of an HPC SoC based on 5nm technology, with a contract value of Rs 50,937 crore. |
KEC International Ltd. secured new orders worth Rs. 1,017 crores, including a significant solar order in India. The company's Transmission & Distribution (T&D) business obtained orders for EPC projects and tower supplies in the Middle East, while the Renewables business secured an order for a 625 MWp Solar PV project in Rajasthan. With these orders, the year-to-date order intake has exceeded Rs 5,000 crores, marking a remarkable 50% growth compared to the previous year. KEC International is a global infrastructure EPC major with a presence in various sectors like Power Transmission, Civil, Railways, Urban Infrastructure, Renewables, Oil & Gas Pipelines, and Cables, operating in over 30 countries and having a footprint in 110+ countries. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9c774cae-aa40-48a4-8ef8-bdf9073d1d23.pdf |
S H Kelkar and Company Limited recently received a reaffirmed long-term rating of CRISIL AA-/(Stable) from CRISIL Ratings Limited. This rating pertains to the company's bank facilities. The communication was addressed to the Department of Corporate Services and the Listing Department of BSE Limited and the National Stock Exchange of India Limited. The letter was signed by Rohit Saraogi, the Company Secretary & Compliance Officer of S H Kelkar and Company Limited. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5ee50d1c-db4a-4bd3-9392-cd2759871a21.pdf |
Bharat Road Network Limited (BRNL) received an inspection order under Section 206(5) of the Companies Act, 2013 from the Ministry of Corporate Affairs on July 1, 2024. The company will fully cooperate with the statutory authority in this matter. Ankita Rathi, the Company Secretary and Compliance Officer, confirmed the company's commitment to compliance. The National Stock Exchange of India Limited lists BRNL under the symbol BRNL. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3d0c6623-b715-4a13-b46e-658528c839d0.pdf |
VICEROY HOTELS LTD recently disclosed the completion of the sale of its subsidiaries. The subsidiaries sold were: |
Thomas Cook (India) Limited has won the CNBC-TV18 India Risk Management Awards multiple times, showcasing their excellence in risk management practices(Parekh, n.d.). The company, established in 1881, offers a wide range of travel services globally and has received numerous awards for its outstanding performance in the travel industry(Parekh, n.d.). CRISIL has reaffirmed the company's rating as '**CRISIL AA- / Positive**' for long-term bank facilities and '**CRISIL A1+**' for short-term facilities(Parekh, n.d). Subsidiaries like Sterling Holiday Resorts Limited and SOTC Travel Limited contribute significantly to the company's diversified portfolio and success(Parekh, n.d). Travel Corporation (India) Limited, a subsidiary of Thomas Cook (India) Limited, is a leading Destination Management Company in India offering tailored travel services in various countries[NO_PRINTED_FORM]. https://www.bseindia.com/xml-data/corpfiling/AttachLive/03f5f6b7-ad01-455f-a6e3-4c5b9043d8a0.pdf |
Filtra Consultants and Engineers Ltd recently increased its Authorized Share Capital from Rs. 10,00,00,000 to Rs. 20,0,00,000 by creating an additional 1,00,00,000 Equity Shares of Rs. 10 each. This decision was approved at the 13th Annual General Meeting. The amendment to the Capital Clause of the Memorandum of Association was also approved during this meeting. The company informed the Department of Corporate Services at BSE Limited about these changes as per SEBI regulations. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d1382e99-f460-4909-afed-9c1fb5322975.pdf |
Indian Energy Exchange Ltd (IEX) achieved significant growth in June 2024, with an electricity volume of 10,185 MU, marking a 25% year-on-year increase. The Real-Time Market volume rose by 20% YoY to 3,213 MU, while the Green Market saw a remarkable 173% YoY growth. |
GPT Infraprojects Limited has scheduled a Board Meeting on July 05, 2024, to consider and approve a proposal for raising funds through various means such as equity shares, preferential issues, qualified institutional placements, or rights issues. The trading window for the company has been closed from July 01, 2024, until 48 hours after the declaration of the financial results for the quarter ending June 30, 2024. This notice is also available on the company's official website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8a60b797-cea0-488f-80a5-cbe860a6f5e3.pdf |
Pearl Green Clubs and Resorts Ltd has announced a change in its statutory auditors. |
KFin Technologies Ltd has announced the disinvestment of its entire 20.95% stake in Fintech Products and Solutions (India) Private Limited (FPSIPL). The transaction, approved by the Board of Directors on July 02, 2024, is valued at INR 6.5 crore. For the fiscal year 2023-24, FPSIPL contributed a loss of INR 24.08 million, which is 0.74% of KFin Technologies' profit before tax. The buyer, PHONE2VOTE India Private Limited, is not part of the promoter group. This transaction does not constitute a related party transaction and is outside the Scheme of Arrangement. https://www.bseindia.com/xml-data/corpfiling/AttachLive/13ec36c2-c27a-4cba-894a-fea4cae0bea0.pdf |
Mahindra & Mahindra Financial Services Ltd. reported significant updates for June 2024, with an estimated overall disbursement of approximately Rs. 4,370 crore, reflecting a 3% Y-o-Y growth. For Q1FY25, disbursements reached about Rs. 12,730 crore, marking a 5% Y-o-Y growth. Business assets stood at approximately Rs. 1,06,200 crore, showing a 4% increase over March 2024 and a 22% rise over June 2023. The Collection Efficiency (CE) for June 2024 was 95%, slightly down from 96% in June 2023, with Q1FY25 CE estimated at 94%. Stage-3 assets were estimated at 3.6% as of June 30, 2024, down from 4.3% the previous year, while Stage-2 assets were around 6.1%, compared to 6.4% in June 2023. The company maintained a robust liquidity position with over Rs. 8,000 crore on its balance sheet. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a7fcbcc8-968e-49d6-ad90-50719d87dac6.pdf |
Prism Johnson Ltd has disclosed under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, that it has acquired 1,36,07,482 equity shares of ₹10 each at a premium of ₹5 per share, totaling ₹20,41,12,230, from its subsidiary Raheja QBE General Insurance Company Limited (RQBE) through a rights issue. This acquisition, completed on July 2, 2024, does not alter the company's shareholding percentage in RQBE. The transaction is classified as a related party transaction but was conducted on an arm's length basis. |
V-MART RETAIL LTD. reported a 17% YoY growth in revenue from operations for Q1FY25, reaching Rs 774 crore compared to Rs 661 crore in Q1FY24. |
Zomato Ltd has announced the voluntary withdrawal of its application to the Reserve Bank of India (RBI) for a certificate of registration to operate as a Non-Banking Financial Company (Type II NBFC-ND). This decision was made by the board of directors of Zomato Financial Services Limited (ZFSL), a wholly-owned subsidiary, on July 2, 2024. The company has decided not to pursue the lending/credit business any further. This move is not expected to have any material impact on Zomato's revenue or operations. The information is also available on the company's website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/736793b6-4902-402d-98a6-dca678ff6e34.pdf |
Sudarshan Chemical Industries Ltd. has received an upgraded credit rating from India Ratings and Research Private Limited (Ind-Ra), a Fitch Group Company. As of July 2, 2024, the company's Long-Term Issuer Rating has been upgraded to '**IND AA/Stable**' from 'IND AA-/Stable', and the Short-Term Rating has been affirmed at 'IND A1+'. This upgrade applies to various instruments including unsecured loans, fund-based working capital limits, term loans, non-convertible debentures, and term deposits. (Maharashtra, India) https://www.bseindia.com/xml-data/corpfiling/AttachLive/84947ccd-0b30-4d07-a350-414e4d00426a.pdf |
HealthCare Global Enterprises Ltd has announced the acquisition of Vizag Hospital and Cancer Research Centre Private Limited. The acquisition involves an upfront purchase of 51% equity share capital for approximately INR 2,076 Million, with plans to acquire an additional 34% within 18 months for INR 1,550 Million. |
Aditya Birla Capital Ltd has received observation letters with 'no adverse observations' from BSE Limited on June 28, 2024, and 'no objection' from the National Stock Exchange of India Limited on July 1, 2024, regarding the Scheme of Amalgamation of Aditya Birla Finance Limited with the company. The scheme, approved by the Board of Directors on March 11, 2024, involves the amalgamation and dissolution of Aditya Birla Finance Limited without winding up, subject to various statutory and regulatory approvals. SEBI has provided comments ensuring compliance with relevant regulations and disclosure requirements. The scheme must be submitted to NCLT within six months from July 1, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/49aa99aa-f726-41b4-83ae-f6d9c433458c.pdf |
Puravankara Ltd has announced the acquisition of a 7.26-acre land parcel in Hebbagodi, Bengaluru, with a potential Gross Development Value (GDV) of Rs. 900 crore. This strategic location near Electronics City is well-connected and attractive for residential developments, especially for IT professionals. The project will feature approximately 750,000 sq ft of high-end luxury homes. |
Jyoti CNC Automation Ltd has announced an upgrade in its credit rating by Infomerics Valuation and Rating Private Limited. The company's long-term and short-term bank facilities, now amounting to Rs. 285.00 crore (reduced from Rs. 704.35 crore), have beenupgraded from IVR BBB+/Stable to IVR A-/Stable and IVR A1. This upgrade reflects improved financial performance and operational developments for FY24. The rating is valid for one year from June 26, 2024, and is subject to periodic review. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9d6eb9eb-c14e-4706-8b71-5a7d96c45c5d.pdf |
Orissa Bengal Carrier Ltd. has received a revision in its credit rating from CARE Ratings Limited. The long-term bank facilities have been downgraded to CARE BBB-; Stable from CARE BBB; Stable, and the long-term/short-term bank facilities have been revised to CARE BBB-; Stable / CARE A3 from CARE BBB; Stable / CARE A3+. Total rated facilities amount to ₹28.00 crore, with ₹21.00 crore allocated to long-term facilities and ₹7.00 crore to long-term/short-term facilities. (n.d.) |
RKD Agri & Retail Ltd has announced a significant update regarding a casual vacancy on its Board. Due to the sudden demise of Mr. Samir Sampat, an Independent Director. This unfortunate event has led to an inadequate Board composition. The company has expressed deep sympathy and condolences to Mr. Sampat's family and acknowledged his valuable contributions to the company's decision-making processes. The Board plans to address this vacancy by holding a meeting at the earliest availability of Directors to fill the position. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8eeb3d7c-cf5d-4f4b-961c-de0111c2eddc.pdf |
NLC India Ltd has demonstrated significant growth in Q1 of FY 2024-25. The company achieved a 22.12% increase in lignite production, reaching 61.72 LT compared to 50.54 LT in Q1 of FY 2023-24. Coal production also rose by 5.27%, totaling 28.46 LT. Combined lignite and coal production saw a 0.98% growth, amounting to 90.18 LT. Gross power generation increased by 10.38%, reaching 7,553.62 MU, including 546.63 MU from renewable sources. Additionally, market capitalization grew by 5.28%, with the share price rising from Rs. 228.10 to Rs. 240.15. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f14fb3c4-1663-4385-a615-ee5611e97d7b.pdf |
Monte Carlo Fashions Ltd is a leading apparel brand in India, specializing in woolen and cotton categories across men, women, and kids wear, with a presence in home textiles. The company boasts a diversified product portfolio and a strong pan-India distribution network, including 411+ exclusive brand outlets (EBOs) and 2,116+ multi-brand outlets (MBOs). For FY24, Monte Carlo reported a revenue of INR 10,619 million, with an EBITDA margin of 13.46% and a PAT margin of 5.74%. The company has no long-term debt and maintains a consistent dividend-paying track record. Monte Carlo's future growth strategy focuses on expanding its cotton and cotton-blended apparel segment and increasing its presence in western and southern India. https://www.bseindia.com/xml-data/corpfiling/AttachLive/19e2100a-2f54-49b1-92c1-90ada237c6ed.pdf |
Dev Information Technology Ltd has secured significant orders worth approximately ₹**8 crore** from the Chief Minister's Office, Gujarat. These orders involve providing SQL Server Enterprise and Windows Server to enhance the Chief Minister Office’s Dashboard Application and other key software solutions for various Gujarat Government departments hosted in the Gujarat State Data Centre. The contract is domestic, fixed-cost, and is expected to be executed within a timeframe of 6 months to 2 years. The orders do not fall under related party transactions and there is no promoter interest in the awarding entity. https://www.bseindia.com/xml-data/corpfiling/AttachLive/cd93778e-9fb0-4ff1-b8ea-03f1a8e5bc00.pdf |
SHREE MANUFACTURING COMPANY LIMITED recently announced a casual vacancy on its Board due to the sudden demise of Independent Director Mr. Samir Sampat on 02-07-2024. Mr. Sampat was instrumental in decision-making and guiding the Board, and his passing is considered an irreparable loss to the company. The Board plans to address this vacancy promptly by holding a meeting to appoint a new director. The company conveyed deep sympathy and condolences to Mr. Sampat's family. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fddcd6fb-8445-4f8b-aa43-244085cb9661.pdf |
CFF Fluid Control Ltd has secured a contract for the Procurement of Spare P75 Project from Material Organisation, Mumbai. The contract is valued at approximately INR 10.46 Crores (Including Tax). The contract is domestic and involves the procurement of specific spare parts. The delivery deadline is set for January 2025. There is no involvement of the promoter group in the awarding entity. The contract does not fall under related party transactions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3fd0ef29-bcad-4f0c-9aec-8cfd7a5e8831.pdf |
Dhampur Bio Organics Ltd. has received a credit rating of CARE A1 from CARE Ratings Limited for its short-term bank facilities amounting to Rs. 115.00 Crores. This rating assignment was disclosed on July 02, 2024, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has communicated this update to the relevant stock exchanges for record-keeping. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8f547e88-bd71-43a1-b123-930ad9862ea5.pdf |
Kotak Mahindra Bank Ltd. has been a significant player in the S&P BSE SENSEX, reflecting its robust performance in the Indian stock market. The bank's stock is actively tracked for its market movements, including gainers, losers, and volume toppers. Investors can access live updates, corporate announcements, and trading summaries through various tools provided by the Bombay Stock Exchange (BSE). For detailed insights, users can refer to the Equity Market Watch, Indices Watch, and other market-specific resources available on the BSE website (BSE Ltd. | Live Stock Market Updates for S&P BSE SENSEX, Stock Quotes & Corporate Information). https://www.bseindia.com/xml-data/corpfiling/AttachLive/ |
Jindal Drilling & Industries Ltd. has received an affirmation from CRISIL for its bank facilities, with the total rated amount increased to Rs. 655 Crore from the previous Rs. 511 Crore. The long-term rating has been reaffirmed at CRISIL A+/Stable, and the short-term rating remains at CRISIL A1. This information is disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0e46e55b-8af9-4906-9691-5b27b9fcf589.pdf |
Jindal Drilling & Industries Ltd. has received an affirmation from CRISIL for its bank facilities. The total rated amount has been enhanced to Rs. 655 Crore from the previous Rs. 511 Crore. The Long Term Rating remains at CRISIL A+/Stable, and the Short Term Rating is reaffirmed at CRISIL A1. This information is disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a49ec2b-6905-4a85-97b0-11ced2097091.pdf |
Nitin Spinners Ltd. has received a reaffirmation of its credit ratings from CARE Ratings Limited. The long-term bank facilities amounting to ₹1,706.04 crore have been rated CARE A; Stable, while the short-term bank facilities totaling ₹66.70 crore have been rated CARE A1. |
Anand Rathi Wealth Ltd has completed the buyback and extinguishment of 370,000 equity shares, reducing its equity share capital from 4,18,28,297 to 4,14,58,297 shares. The buyback process, conducted between June 7 and June 13, 2024, was executed at ₹**450 per share**. Post-buyback, the shareholding pattern shows promoters holding 48.09% and public shareholders holding 51.91% of the total equity. The extinguishment of shares was confirmed by both NSDL (National Securities Depository Ltd) and CDSL (Central Depository Services (India) Ltd) on June 27, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/bfe63b08-be10-4416-8b5e-9dfdff432e87.pdf |
Max Healthcare Institute Ltd has announced the commencement of operations for its new Max Super Speciality Hospital in Dwarka, New Delhi. The hospital, constructed in collaboration with Muthoot Hospitals Private Limited, features over 300 beds and began operations on July 2, 2024, at 12:02 PM IST. This facility is dedicated to maintaining the highest standards in clinical excellence, research, academics, and patient care, catering to both domestic and international patients. The new hospital is expected to significantly bolster Max Healthcare's presence in the Delhi NCR region. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f522cb9a-66ff-470c-9f45-fee53df19e85.pdf |
Trent Ltd. has announced the launch of Westside's 229th store in Gurgaon, Haryana, located at WS-Good Earth, Sector 69. The store spans 27,472 sq ft and offers a wide range of products including apparel, accessories, cosmetics, footwear, and home decor. Westside aims to provide a seamless shopping experience with contemporary fashion trends, refreshing collections every three weeks. The store features popular brands like Utsa, Bombay Paisley, Vark, Zuba, NUON, L.O.V, Gia, Wardrobe, WES, NUON MEN, E.T.A, and a dedicated kids' wear section. Additionally, the WestStyleClub membership enhances the shopping experience with superior service and exclusive benefits. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7d0777a0-c271-4056-a9d2-d725dab51134.pdf |
Puravankara Ltd announces that its wholly-owned subsidiary, Provident Housing Limited (PHL), has acquired the owner's shares of land and units in two projects: the Botanico Project and the Capella Project. The total consideration for the Botanico Project is ₹165 Crores, with a potential gross development value of ₹350 Crores. For the Capella Project, the total consideration is ₹86 Crores, with a potential gross development value of ₹134 Crores. Both projects are located in Samethannahalli Village, Anugondanahalli Hobli, Hoskote Taluk, Bangalore Rural, Karnataka. https://www.bseindia.com/xml-data/corpfiling/AttachLive/439a21fa-e024-4d7c-839d-038b25e9900d.pdf |
Aether Industries Ltd has scheduled a Board Meeting on Friday, July 19, 2024, to consider and approve key agenda items. These include the unaudited standalone and consolidated financial results for the first quarter ending June 30, 2024, and a proposal for raising funds through various equity-linked instruments or securities. This may involve private placements, qualified institutional placements (QIP), further public issues, rights issues, preferential allotments, or offers for sale (OFS), subject to shareholder and regulatory approvals. Other business transactions will also be discussed. (Parghi, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/e86d5459-4319-41b1-9903-eaa470efdfc9.pdf |
Sir Shadi Lal Enterprises Ltd. is engaged in the manufacturing of sugar and alcohol/ethanol, operating two units in Shamli, Uttar Pradesh: Upper Doab Sugar Mills and Shamli Distillery & Chemical Works. The company faced a significant transaction where Triveni Engineering & Industries Ltd. (TEIL) acquired 25.43% of its equity shares at INR 262.15 per share, triggering an open offer for 13,65,000 shares. A valuation report by Sundae Capital Advisors valued the shares at INR 1,221.70 each, using the asset approach. However, this valuation was critiqued by Finvox Analytics for not considering market price and recent transaction prices, leading to an overstated equity value. https://www.bseindia.com/xml-data/corpfiling/AttachLive/2adcfbee-9d5d-410b-bb70-f3c641ddea92.pdf |
IRIS Business Services Ltd has approved the issuance of 5,43,478 equity shares at Rs. 184 each (including a premium of Rs. 174 per share) and 5,43,477 warrants convertible into equity shares at the same price on a preferential basis. The equity shares are allotted to Pratithi Growth Fund I (3,80,435 shares) and Tunga India Long Term Equity Fund (1,63,043 shares), raising INR 9,99,99,952. The company received 25% upfront payment for the warrants, totaling INR 2,49,99,942. The balance payment for the warrants is payable upon conversion within nine months. https://www.bseindia.com/xml-data/corpfiling/AttachLive/07bf6c47-f310-4f41-85e0-5b1f7838b094.pdf |
Samvardhana Motherson International Limited (SAMIL), formerly known as Motherson Sumi Systems Limited, has been assigned a Foreign Currency Long-Term Issuer Rating of A with a stable outlook by the Japan Credit Rating Agency (JCR). This rating places SAMIL 2 notches above India Sovereign’s JCR Rating of BBB+, making it the highest-rated credit out of India by JCR. The rating reflects SAMIL’s strong creditworthiness, underpinned by a diversified customer base, global manufacturing network, solid partnerships with global OEMs**, and a prudent M&A strategy. The stable outlook is based on expectations of continued robust financial performance and prudent financial policies.** (Sector 1, Noida -201301, Distt. Gautam Budh Nagar, U.P., India)** |
SJ Corporation Ltd. has scheduled a Board of Directors meeting on Thursday, 11 July 2024, at 3:30 PM at their Corporate Office in Mumbai. The agenda includes adopting and approving the Notice of the 43rd Annual General Meeting (AGM) and Directors’ Report for the financial year 2023-2024. They will also be finalizing the dates for Book Closure, setting the date, time, venue, and mode for the AGM, and appointing a Scrutinizer for the e-voting process. The Board will also consider the sale of a stake in Venus Infra, a partnership firm. Any other matters will be addressed with the Chair's permission. |
Globus Spirits Ltd. has received reaffirmed credit ratings from CARE Ratings Limited for FY 23-24. The long-term bank facilities are rated CARE A+; Stable, and the short-term bank facilities are rated CARE A1+(Pattanayak, n.d.). The total rated facilities amount to ₹**675.15 crore,** with long-term facilities at ₹**620.15 crore** and short-term/long-term facilities at ₹**55.00 crore(Pattanayak, n.d.**). The ratings reflect the company's stable operational and financial performance(Pattanayak, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/a57d6473-b9f8-4026-b792-de1bd66e846e.pdf |
RISHAB SPECIAL YARNS LIMITED has announced the resignation of Mr. Sanjay Kumar Agrawal (DIN: 05308288) from his position as Director cum Managing Director, effective from July 1, 2024. This decision was communicated to BSE Limited on July 2, 2024. The resignation is due to personal and unavoidable circumstances as stated by Mr. Agrawal. The company has complied with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the necessary details are enclosed in Annexure-II. https://www.bseindia.com/xml-data/corpfiling/AttachLive/795bb5e5-32c0-4995-a047-03aacb62bf5c.pdf |
Allcargo Gati Ltd reported a total volume of 103kt for May 2024, marking a 5% increase from May 2023 and a 6% rise from April 2024. This growth is attributed to their sales acceleration initiatives and enhanced service parameters. The company continues to see buoyant volumes, driven by these strategic efforts. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7270579-4483-47e1-8312-a04bddf50973.pdf |
Allcargo Gati Limited (formerly known as Gati Limited), a leading express logistics company in India, successfully raised Rs. 169.28 crores through a Qualified Institutional Placement (QIP). The issue price of each equity share was set at Rs. 101. |
Deep Industries Ltd announced that its wholly-owned subsidiary, Deep Onshore Services Private Limited, has received approval from the Committee of Creditors (COC) of Dolphin Offshore Shipping Limited for its Resolution Plan. This approval, dated July 01, 2024, was issued by the Resolution Professional appointed by the National Company Law Tribunal (NCLT), Mumbai Bench. |
INOX India Ltd has received a positive outlook on its bank facilities from India Ratings and Research as of July 2, 2024. The company, a leader in the domestic cryogenic storage industry with a 60%-70% market share, has a robust order book of INR 10,868 million, ensuring revenue visibility over the next 12-15 months. The company's consolidated revenue grew by 15% year-over-year to INR 11,312 million in FY24, driven by strong demand in the industrial gases and LNG segments. EBITDA margins have remained stable at around 22%, supported by high-margin orders and operational efficiency. INOX India Ltd maintains a strong financial profile with low debt levels and significant liquidity, including cash and cash equivalents of INR 2,462 million at the end of FY24. https://www.bseindia.com/xml-data/corpfiling/AttachLive/01017aec-a0e8-47cf-868a-ee231ff86d37.pdf |
ZIM Laboratories Limited has disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, an investment update regarding its subsidiary, ZIMTAS Pty Ltd. The company had previously announced an approved investment of up to Rs. 200 crores. As of the latest update, Rs. 68,24,756 (equivalent to AUD 1,23,525) has been invested in the equity shares of ZIMTAS Pty Ltd. Following this investment, ZIM Laboratories Limited now holds 99.93% of the total share capital of ZIMTAS Pty Ltd. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9af1d08-d769-4635-be81-d6b1897a82b2.pdf |
Adani Ports and Special Economic Zone Ltd (APSEZ) reported a significant operational performance for June 2024 and Q1 FY25. In June 2024, APSEZ achieved a cargo volume of 37 MMT, marking a 12% YoY increase. This growth was driven by a 33% YoY growth in Containers and an 8% YoY rise in Liquids & Gas. Notably, Kattupalli Port recorded its highest monthly cargo volume at 1.36 MMT. |
Marksans Pharma Ltd. is a Mumbai-based company engaged in the research, manufacturing, and marketing of generic pharmaceutical formulations globally. The company has received marketing authorization for products including: |
De Nora India Limited has received an order from Nuclear Power Corporation of India Limited for the refurbishment of four Seawater Electrochlorination systems. The contract involves the supply of 12 De Nora Seaclor Electrolysers and four CS Fabricated Skids, including dismantling, installation, and commissioning. The project is valued at INR 38,71,58,000 and is to be completed within 24 months from the date of the purchase order. This order is a domestic contract and does not involve any related party transactions. (~’ Li~inay Chopra & Director, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/826affcb-254f-4f26-addd-8ef8f3aca684.pdf |
Godawari Power & Ispat Ltd. has announced a buyback of up to 21,50,000 fully paid-up equity shares, representing 1.64% of its total equity share capital, at ₹**1400** per share, aggregating to ₹**301 crores**. The buyback is scheduled from July 4, 2024, to July 10, 2024. The company aims to optimize its capital structure and enhance shareholder value. The buyback will be conducted through a tender offer process, with a reservation of 15% for small shareholders. The financial performance for the year ended March 31, 2024, includes a standalone total income of ₹**5,131.88 crores** and a profit after tax of ₹**917.44 crores**. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5c118b9f-4864-4a92-bc80-a9defc61f11c.pdf |
Hindustan Construction Co. Ltd. has received updated credit ratings for its financial instruments and bank facilities as of July 2, 2024. |
Techknowgreen Solutions Ltd is a leading environmental consulting firm in India with over 20 years of experience. The company offers services across three verticals: Knowledge (regulatory compliance, sustainability), Technology (wastewater treatment, air pollution control), and Research (policy, engineering). In FY24, Techknowgreen reported a net profit of ₹6.11 Cr, an ROE of 22.01%**,** and completed over 2,500 projects. The firm has a strong presence in Maharashtra, Karnataka, and Delhi, and has executed projects internationally, including in Saudi Arabia. Techknowgreen is recognized for its innovative solutions like the Yuka Yantra for air purification and Phytorid technology for wastewater treatment. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c98f17ed-8584-4b9b-9619-e898d453a124.pdf |
We Win Limited has secured a work order for the operation and maintenance of the CM Helpline Outbound Call Centre in Madhya Pradesh. The contract, awarded by the State Agency for Public Service, M.P (SAPS-MP), spans five years with a potential one-year extension based on performance. The project is valued at ₹13,39,20,000 (Thirteen Crores Thirty-Nine Lakhs Twenty Thousand) excluding GST. This contract does not involve any related party transactions or promoter group interests. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1299caa9-76ba-419a-9622-41179ab7aa68.pdf |
Brahmaputra Infrastructure Ltd. has a consolidated order book of approximately Rs. 1200.00 Crores as of June 30, 2024. The company is executing projects at a rapid pace and expects to meet all targets within defined timelines. |
Sharika Enterprises Ltd. has acquired a majority stake in Contronics Switchgear India Private Limited (CSIPL), enhancing its market presence in the power sector. This strategic acquisition, announced on July 2, 2024, positions CSIPL as a subsidiary of Sharika Enterprises. |
Ceinsys Tech Ltd has incorporated a Wholly Owned Subsidiary named CEINSYS TECH (SINGAPORE) PTE LTD in Singapore on July 1, 2024. The subsidiary has an initial subscription of SGD 10,000, divided into 10,000 shares of SGD 1 each. The acquisition does not fall within related party transactions, and the new WOS will operate in the field of IT/ITES and related services. The acquisition does not require any governmental or regulatory approvals, and the consideration for the acquisition is cash. Ceinsys Tech has acquired 100% shareholding/control of the new WOS in Singapore, which is a newly incorporated company with no previous turnover history. https://www.bseindia.com/xml-data/corpfiling/AttachLive/797a951c-10c3-4c86-9b6c-834eb143a67d.pdf |
Steel Exchange India Limited provided an update on capex enhancement at its Integrated Steel Plant (ISP) in Andhra Pradesh. The company allocated approximately ₹60 crores from NCD funds for capex initiatives in 2023-24. The Concast machine has been successfully implemented, increasing installed capacity from 2,50,000 MTA to 3,60,000 MTA of Billets. Work on the new 8mm rolling mill is 50% complete and expected to increase overall rebar installed capacity from 2,25,000 MTA to 3,57,000 MTA. The company plans to keep stakeholders informed about project progress. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1b56ea0d-988b-44c0-8002-c54e3df80a2c.pdf |
Happiest Minds Technologies Limited recently won the prestigious CNBC-TV18 India Risk Management Award 2024 in the Mid Cap Category. The company was honored for its dedication to risk management excellence, setting industry benchmarks. |
TD Power Systems Limited has received an order worth USD 9.28 million for gas turbine generators from a major US Original Equipment Manufacturer. The generators are intended for use in fracking wells, power supply, backup power for AI server farms in the US, and other applications. With delivery scheduled from January to August 2025, the order was awarded by an International entity and is not considered a related party transaction. (Rajwani, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/6282df2e-9553-455d-9f15-d31dd09860f4.pdf |
MANGALORE REFINERY & PETROCHEMICALS LTD. is a subsidiary of Oil and Natural Gas Corporation Limited. The company is ISO 9001, 14001, and 50001 certified. Recently, there was a change in the office of Director and Chief Financial Officer at the company. Vivek Chandrakant Tongaonkar vacated the position effective from 02/07/2024. (n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/5504d848-6de1-491e-9d64-42dce0c013a6.pdf |
Kings Infra Ventures Limited recently celebrated the 100th day of a new crop, marking a significant milestone in shrimp farming. The Chairman, Shri Shaji Baby John, expressed pride in the team's achievements and emphasized the company's commitment to sustainable aquaculture practices. Various key personnel, including the CEO, CFO, and Vice President, commended the team for their hard work and dedication, highlighting achievements in productivity and quality standards. The event concluded with a feast for all staff and workers, showcasing a collaborative and successful team effort in aquaculture. (To Department of Corporate Services BSE Limited, Floor 25, PJ Towers Dalal Street, Mumbai-400001) https://www.bseindia.com/xml-data/corpfiling/AttachLive/9370fca8-bf8e-41e1-a1c4-62ddafa3f409.pdf |
Varroc Engineering Limited received upgraded credit ratings from India Ratings & Research. The company's term loan rating was upgraded from IND A+/Stable to IND AA-/Stable. Additionally, their fund-based/non-fundbased limits rating was upgraded from IND A+/Stable to IND AA-/Stable. The Commercial paper (CP) rating was upgraded from IND A1 to IND A1+. Non-Convertible Securities (NCDs) were assigned a rating of IND AA-/Stable. The Bank Loan rating was upgraded from IND A+/Stable to IND AA-/Stable. Ajay Sharma is the Group General Counsel and Company Secretary for Varroc Engineering Limited. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e665785c-8f49-464c-b301-7c68154254be.pdf |
Prime Focus Limited recently received a strategic investment of 200 million from United Al Saqer Group, valuing DNEG Group at over 2 billion. This investment aims to accelerate innovation and creative leadership in visual entertainment technology. The capital injection will support the expansion of Prime Focus Studios and the development of Brahma, an AI-powered CGI creator. The DNEG Group plans to create a visual experience hub in Abu Dhabi, leading to significant job creation and strengthening its position in the VFX industry.** (National Stock Exchange of India Limited, Listing Department, Exchange Plaza, Bandra-Kurla Complex Bandra East, Mumbai -400 051)** |
TATA Consultancy Services Limited recently announced a significant partnership with the Sydney Marathon, Australia's largest and most iconic race. This five-year collaboration aims to enhance the marathon's use of advanced technologies, sustainability, and charitable impact. TCS, a global leader in IT services, consulting, and business solutions, will leverage its expertise to support the marathon's growth and community engagement. The partnership underscores TCS' commitment to promoting running and wellbeing, with the goal of elevating the Sydney Marathon's global presence and economic impact. (n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/eadbe02d-b996-41e0-86c8-5311c7eefa0f.pdf |
Alankit Limited has recently secured a significant contract worth INR 23 crores from Samagra Shiksha, Dehradun. The contract involves onboarding 955 teachers across 13 districts of Uttarakhand to improve the quality of education and streamline teacher recruitment processes. Alankit Limited has set up a new office in Dehradun to manage this project efficiently. This development showcases the company's commitment to operational excellence and advancement in the educational sector. https://www.bseindia.com/xml-data/corpfiling/AttachLive/70204bef-8b5f-49f8-9927-dbd267d2d226.pdf |
Godrej Properties Ltd recently achieved significant success by selling over 2,000 homes valued at more than INR 3,150 crores in their project, Godrej Woodscapes, located in Bengaluru. This marked a remarkable milestone for the company, with this being their most successful launch in terms of both value and volume of sales. The success of Godrej Woodscapes contributed to a 500% quarter-on-quarter growth in sales in Bengaluru and surpassed their full-year FY24 sales in South India within the first quarter. Additionally, this project is the second launch with over INR 3,000 crore sales in the past three months, showcasing the company's strong performance in the real estate market(Karyekar & Sudhakar Karyekar, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/35cda7d8-5ee5-476b-96d6-06ea53c84c3b.pdf |
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