• Mahindra: The company’s arm, Mahindra Holdings, divested the entire 30.8% stake in New Delhi Centre for Sight for Rs 425 crore.
• Auriopro Solutions: The Board recommended a bonus issue in the ratio of 1:1.
• Bigbloc Construction: It has announced a temporary shutdown of the Umargam plant for 45–60 days.
• Optiemus Infracom Ltd: The Board of Directors has approved the acquisition of 290,500,000 equity shares having face value of INR 10 each at an offer price of INR 10 each, amounting to INR 29.05 Crores, subscribing to the right issue of Bharat Innovative Glass Technologies Pvt Ltd, a JV cum subsidiary of the Company.
• Prudent Corporate Advisory Services Limited: Received prior approvals for the Scheme of Amalgamation amongst Prudent Broking Services Private Limited and Prudent Corporate Advisory Services Limited.
• Shyam Metalics and Energy Ltd.: The board has approved new CAPEX of Rs. 810 crore for manufacturing flat rolled aluminium products, aluminium foils, and stainless steel bright bars and SS wire rods.
• Rudra Ecovation Limited: The board approved strategic investment in equity shares of Shiva Texfabs Limited, up to an amount of INR 125 crores for acquiring a stake not less than 20% of the expanded capital, at valuations of Shiva Texfabs Limited.
• Nilkamal Limited: Board approved raising funds.
• Ashoka Buildcon Limited: The Company to meet on May 22, 2024, will also consider raising of funds along with the results.
• POWER GRID CORPORATION OF INDIA LTD: “POWERGRID Neemuch Transmission System Limited” won through Tariff Based Competitive Bidding with a mandate for the implementation of the “Transmission system for evacuation of power from Neemuch SEZ has been fully commissioned w.e.f 24th April, 2024 for which Notification for Commercial Operation has been received on 14th May, 2024.
• Siemens Ltd: The Board has approved a scheme of arrangement between the Company, Siemens Energy India Limited.
• Sharat Industries Ltd.: The company has an approved right issue size aggregating up to 49 crores.
• Exide Industries Limited: Company has invested Rs.74,99,99,988/- by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions Limited, on rights basis.
• Kamdhenu Ventures Limited: has fixed 14th June, 2024 as the Record Date for determining entitlement of Equity Shareholders for the purpose of sub-division / split of existing Equity Shares of the Company from Equity Shares having face value of Rs. 5/- each fully paid-up into Equity Shares having face value of Rs. 1/-.
• REPCO HOME FINANCE LTD: Board has approved for Raising of funds.
• IndiaMART InterMESH Limited: Acquires Additional 14.88% of the Share Capital of Livekeeping Technologies Private Limited.
• Shivalik Bimetal Controls Limited has entered into an agreement for acquisition of Industrial Land and Building admeasuring 4490 square meters at Solan, Himachal Pradesh from M/s Kulja Industries Limited.
• Parshva Enterprises Ltd: Board approved Scheme of Arrangement and Demerger between Parshva Enterprises Limited and Simandhar Impex Limited.
• Milestone Furniture Limited: Meeting of the board to be held on May 17, 2024, to consider and evaluate a proposal for fundraising.
• BGR Energy Systems Limited: The Company has received communications from the Central Bank of India and State Bank of India regarding invocation and encashment of Bank Guarantees by M/s. Tata Projects Limited amounting to Rs.14.63 Crores and Rs.60.96 Lakhs respectively for the Supply & Services contract executed for “TPL Krishnapatnam WTP & CPU Project”. The Company has not received any notice of termination of contract.
For More Visit: https://paisainvests.com/blog/
Disclaimer: The articles on PaisaInvests.com are solely for educational purposes. While we endeavor for accuracy, we make no guarantees regarding completeness or reliability. Readers are advised to conduct their own research and seek professional advice before making any financial decisions. We are not liable for any loss or damage incurred from the use of information provided. Additionally, we do not control the content of external websites linked within our articles.
