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Apcotex Industries Ltd. has reported a disruption in production operations at its Taloja, MIDC plant due to heavy rainfall on 7th July 2024. The company is coordinating with relevant authorities to restore normalcy and resume operations in phases. The extent of the damage is currently being assessed, and the plant is adequately insured. Further information will be submitted to exchanges as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, once the impact is quantified. https://www.bseindia.com/xml-data/corpfiling/AttachLive/cc92b38d-1554-4f9f-a94d-657601758a14.pdf |
PC Jeweller Limited has received approval from Punjab National Bank for a One Time Settlement (OTS) proposal to settle outstanding dues. The approval, conveyed via a letter dated July 6, 2024, includes terms and conditions such as cash and equity components payable under the settlement, and the release of securities and mortgaged properties. |
Cupid Limited has unveiled a new Mother Warehouse in Bhiwandi, Mumbai, to support its rapidly growing consumer business. Launched just six months ago, the consumer segment under the brands "Cupid," "Cupisine," and "Cupikit" has already contributed over 14% to the company's total revenue. The new warehouse aims to double product availability from 50,000 to 100,000 outlets within six months, enhancing market presence and accessibility. Additionally, Cupid Limited has expanded its production capacity by 1.5 times through a strategic land acquisition in Palava, Maharashtra, increasing annual output to approximately 770 million male condoms and 75 million female condoms. Established in 1993, the company is a leading manufacturer of male and female condoms, water-based lubricants, and other related consumer products. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d2b51980-84cd-4455-a507-39a28f4765b9.pdf |
Signatureglobal (India) Ltd reported a remarkable performance in Q1 FY25, with pre-sales surging by 255% to INR 31.2 billion and collections increasing by 102% to INR 12.1 billion. The company's net debt was reduced by 16% to INR 9.8 billion. Sales realization per square foot grew significantly to INR 15,369 compared to INR 11,762 in FY24. |
Signatureglobal (India) Ltd reported significant growth in its Q1FY25 operational metrics. The company achieved pre-sales of INR 31.2 billion, marking a 255% YoY increase. This surge was driven by the successful launch of a large group housing project in Gurugram. Average sales realization rose to INR 15,369 per sq. ft. from INR 11,762 per sq. ft. in FY24. Collections reached INR 12.1 billion, a 102% YoY growth, the highest ever for the company in any quarter. Net debt was reduced to INR 9.8 billion from INR 11.6 billion at the end of FY24. The company remains confident in meeting its operational guidance for the year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b7c0cddb-08bd-44eb-b9e1-7cc82bef35d9.pdf |
Coforge Ltd has announced an update on its acquisition of Cigniti Technologies Limited under Regulation 30 of the SEBI Listing Regulations. As of July 7, 2024, Coforge has achieved the initial closing by acquiring 7,639,492 equity shares, which represents 27.98% of Cigniti's paid-up share capital. Following this acquisition, Cigniti is on track to become a subsidiary of Coforge post the closure of the open offer. Additionally, five out of six directors of Cigniti have resigned, and Coforge has appointed new Executive, Non-Executive, and Independent Directors to the board. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0b2f36e1-3f8e-4fc0-bb10-d4b6cafeec4f.pdf |
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