The Securities and Exchange Board of India (Sebi) has upheld its interim order barring JM Financial (JMFL) from acting as a lead manager for public offerings of debt securities (bonds) until March 31, 2025. This action stems from alleged irregularities in a recent non-convertible debenture (NCD) issuance. Focus on Debt Securities SEBI clarified that the …
Jindal Stainless, India’s leading stainless steel manufacturer, has played a pivotal role in a landmark export initiative. The company supplied speciality stainless steel to construct 100 “Made in India” freight wagons destined for Mozambique. Stainless Steel Strengthens Export Capabilities This project marks a significant step forward for India’s export capabilities. The wagons, manufactured with Jindal …
Amara Raja Energy & Mobility Limited (formerly Amara Raja Batteries Limited) decided to invest in InoBat AS (formerly InoBat Auto AS), which is based in Oslo, Norway. InoBat AS is the parent company of InoBat Auto JSA, located in Banska Bystrica, Slovak Republic. The necessary transaction documents were signed on June 20, 2024. Objects And …
On June 20, 2024, Infosys, a global leader in digital services and consulting, announced that it will ring the Opening Bell at the New York Stock Exchange (NYSE) on June 21, 2024. This event marks the 25th anniversary of Infosys being listed in the US. CEO Salil Parekh, CFO Jayesh Sanghrajka, and other key Infosys …
On June 20, 2024, Hampton Sky Realty Limited announced in a stock exchange filing that the company’s future plans to construct a state-of-the-art luxury hotel(s) on its owned land. This will be in partnership with an esteemed luxury hotel chain(s). This ambitious project aims to redefine opulence and hospitality, setting a new benchmark for luxury …
Mukka Proteins Limited (MPL) informed in a stock exchange filing that the company, being one of the shareholders of Ento Proteins Private Limited, Associate Company, executed an amended Shareholders Agreement with Ento Proteins Private Limited and Holocene Ecosolutions Private Limited on June 20, 2024. MPL, an associate company of EPPL, announced its decision to enhance …
On June 20, 2024, Clean Science and Technology Limited announced in a stock exchange filing its subscription to an additional 8,36,121 equity shares of Clean Fino-Chem Limited (CFCL). These shares, with a face value of ₹10 each and a premium of ₹588 per share, amounting to a total of ₹50,00,00,358 (Rupees Fifty Crores Three Hundred …
On June 20, 2024, JSW Infrastructure Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary, namely JSW Port Logistics Private Limited. This wholly-owned subsidiary was established on June 19, 2024. Details of the Wholly Owned Subsidiary JSW Port Logistics Private Limited has been established as a wholly owned subsidiary operating …
On June 20, 2024, Triveni Engineering and Industries Ltd informed in a stock exchange filing the acquisition of an additional 36.34% stake in Sir Shadi Lal Enterprises Limited (SSEL). The company stated that pursuant to a Share Purchase Agreement executed with Mr Rajat Lal, Mr Rahul Lal, and Ms Poonam Lal (Second Promoter Group) on …
Aster DM Healthcare Limited is one of the largest integrated private healthcare service providers operating in GCC (Gulf Cooperation Council) countries and It is also an emerging player in India. It has an inherent emphasis on clinical excellence and it is also one of the few entities in the world with a strong presence across …
