On July 9, 2024, Rama Steel Tubes Limited informed in a stock exchange filing that the company is strategically well positioned to leverage strong domestic steel demand by increasing a Manufacturing Capacity at Anantapur, Andhra Pradesh, through its wholly owned subsidiary Lepakshi Tubes Private Limited. The company aims to leverage increased demand from critical sectors …
On July 9, 2024, Larsen & Toubro Limited (L&T) announced through a stock exchange filing that its wholly owned subsidiary, L&T Semiconductor Technologies Limited (LTSCT), has entered into a definitive Share Purchase Agreement to acquire a 100% stake in SiliConch Systems Private Limited. The acquisition, slated to be completed by September 15, 2024, pending customary …
On July 08, 2024, Dixon Technologies (India) Limited announced via a stock exchange filing that Aditya Infotech Limited (AIL) plans to acquire a 6.5% stake in its equity through a Share Subscription and Purchase Agreement (SSPA) with AIL Dixon Technologies Private Limited (JV Company). This involves subscribing to 73,05,805 equity shares of AIL in exchange …
Easy Trip Planners Limited, known for its travel tech platform, EaseMyTrip, has announced the opening of its first franchise store in Ahmedabad, Gujarat. This new outlet, located in Titanium City Center Mall on 100 Feet Road, marks the 17th store under the EaseMyTrip Franchise program. The company stated that this launch is a significant milestone …
On July 9, 2024, Inox Wind Limited (IWL) informed in a stock exchange filing that the company had secured a significant order for 200 MW from a renewable C&I (Commercial and Industrial) power producer. The company stated that the order specifically entails Inox Wind’s latest 3 MW Wind Turbine Generators (WTGs) and includes end-to-end turnkey …
HFCL Limited announced in a stock exchange filing that, to cater to the global demand for its products and expand its business operations overseas, it has taken a significant step forward by establishing HFCL UK Limited in the UK. This new entity is a wholly-owned subsidiary of HFCL B.V., which is itself a wholly-owned subsidiary …
VA Tech Wabag Limited, a leading player in the water technology space, has announced a strategic move to optimise its group structure by reducing its exposure to European geographies. During a meeting held on Monday, July 8, 2024, the Board of Directors approved the sale of the Company’s 100% stake in its Romanian subsidiary, Wabag …
Shilpa Medicare Ltd announced in a stock exchange filing that its wholly-owned subsidiary, Shilpa Biologicals Pvt. Ltd (SBPL) allotted equity shares to Shilpa Medicare on July 8, 2024, through a rights issue. This transaction was executed by adjusting the subscription amount against a pre-existing intercompany loan provided by Shilpa Medicare. The primary aim of this …
Advait Infratech Limited announced via a stock exchange filing that its wholly owned subsidiary, Advait Energy Holding AS, has been officially registered in Norway with Registration Number 933 677 613. Advait Energy Holding AS is a newly incorporated wholly owned subsidiary of Advait Infratech Limited, established on July 4, 2024. Its headquarters are at Lysaker …
On July 08, 2024, Bandhan Bank introduced a range of trade products to support global business transactions. These products aim to simplify and secure international operations, providing businesses with more financial flexibility. They are designed for both importers and exporters, offering customised solutions to meet various business needs and enhance confidence in global trade. In …
