Hindustan Unilever Limited (HUL) has decided to acquire a 14.3% stake in Lucro Plastecycle Private Limited, a company specialising in recycling flexible plastics. This step aligns with HUL’s sustainability goals to promote a circular plastic economy and increase the use of recycled flexible packaging. Objective and Impact of The Investment This investment aims to enhance …
83.8% of public institutional shareholders voted for ICICI Securities delisting. 67.8% of public non-institutional shareholders voted against the proposal. However, institutional investors pushed through the proposal. ICICI Securities Shareholding Pattern Let’s break down the ICICI Securities shareholding pattern. Public institutional investors owned nearly 70% of ICICI Securities’ shares. This is significantly less than shares of …
Greenlam Industries Ltd has set today, Friday, March 21, 2025, as the record date for its 1:1 bonus issue. This means that shareholders holding equity shares as of this date will be eligible to receive one fully paid-up equity share of Re. 1 for every existing share they own. Investors who have purchased shares before …
Oberoi Realty has informed the stock exchanges that its Board has approved a significant transaction involving its joint venture company, I-Ven Realty Limited (I-Ven). The transaction includes the execution of a Securities Subscription Agreement (SSA) and a Shareholders’ Agreement (SHA) with Alpha Wave Ventures II, LP (Investor), Mr Vikas Oberoi, and I-Ven Realty Limited. As …
Ola Electric Mobility Limited issued a statement on March 21, 2025, addressing claims regarding its February 2025 sales data. The company clarified that its sales remain strong and that a temporary backlog in vehicle registrations was due to ongoing negotiations with vendors responsible for the registration process. On March 21, 2025, Ola Electric share price …
PVR Inox Ltd has been in focus on Friday. On March 21, 2025, PVR Inox share price opened at ₹962.00, up from its previous close of ₹960.20. At 10:52 AM, the share price of PVR Inox was trading at ₹971.95, up by 1.22% on the NSE. Notably, the stock price hit its 52-week low recently …
On March 21, 2025, RVNL share price soared ~3%, reaching a day high of ₹373.70 at 11:10 AM, after opening at ₹360.60 on BSE. The gain in RVNL share price came after the company announced receiving a Letter of Acceptance (LoA) from the National Highway Authority of India (NHAI). RVNL Contract Details The contract is …
On March 21, 2025, Larsen & Toubro’s (L&T) Buildings & Factories (B&F) division has won a significant contract from Brigade Group to construct residential and commercial towers in Hyderabad and Chennai. This marks L&T’s largest private-sector residential project to date. Key Projects Under the Contract Brigade Gateway Residences – Hyderabad Located in Neopolis, Kokapet, this …
Mukesh Ambani-led Reliance Industries Ltd (RIL) has acquired a 100% stake in Nauyaan Tradings Private Limited (NTPL) through its subsidiary, Reliance Strategic Business Ventures Limited (RSBVL). The deal, completed with Welspun Tradings Limited, was valued at just ₹1 lakh. With this acquisition, NTPL is now a step-down subsidiary of RIL. Reliance to Acquire 74% Stake …
Hindustan Construction Company (HCC) and Tata Projects (TPL) secured a construction contract on Thursday, March 20, 2025. The JV will build a pumped storage project worth ₹2,470 crore in Maharashtra. The offer was made by Tata Power Company. As of 10.22 AM, Tata Power share price was up 1.65%. It was trading at ₹376.45. PSP Contract Details …
