Lloyds Engineering Works Limited has acquired an additional 12.25% stake in Lloyds Infrastructure and Construction Limited (LICL) from Mahaprabhu Ventures Private Limited. This acquisition increases Lloyds Engineering Works Limited’s total stake in LICL to 24.50%, establishing LICL as an associate company. Below are the key highlights of the transaction: Key Details of the Acquisition Acquirer:…
HFCL Limited – Order from Rail Vikas Nigam Limited (RVNL) Order Value: Advance Purchase Orders (APOs) worth approximately INR 2,167.65 Crores. Scope: Supply of Optical Fiber Cables, Telecom Equipment, and related accessories, along with 10 years of maintenance, including a 1-year warranty period. Project: Part of BharatNet Phase III in the Uttar Pradesh (East) and…
Summary of CLN Energy Limited IPO Details Detail Description Issue Type Fresh Issue Total Issue Size Up to 28,92,000 Equity Shares of ₹10 each, aggregating up to ₹[●] lakhs Offer for Sale (OFS) Size Not Applicable Face Value ₹10 per Equity Share Issue Price ₹[●] per Equity Share (including a premium of ₹[●] per share)…
Newgen Software Technologies Limited’s subsidiary, Newgen Software Inc., has secured a major order from an international client in the insurance industry. Newgen Software: Key Details of Recent Purchase Orders Subsidiary Involved: Newgen Software Inc. (NSI), a subsidiary of Newgen Software Technologies Limited. Industry: The purchase orders are from a client in the Insurance sector….
Neuland Laboratories Limited has announced plans to enhance capacity at two of its manufacturing facilities: Unit 1 – Bonthapally Village: The peptide synthesizer capacity will increase from 0.5 KL to 6.37 KL, with completion targeted by FY27. The project, costing ₹254 crores, will be funded through a mix of borrowings and internal accruals. This multi-product…
Chambal Fertilisers and Chemicals Limited Contract Amendment Amendment Details: Chambal Fertilisers has revised its contract with Larsen & Toubro for a Technical Ammonium Nitrate (TAN) plant at Gadepan, Rajasthan. Changes: Plant configuration updated to include warm ammonia feed in Weak Nitric Acid (WNA) and TAN plants. Space allocated in the High-Density Ammonium Nitrate (HDAN) plot…
Hindustan Unilever Acquires Premium Beauty Brand Minimalist Hindustan Unilever Limited (HUL), India’s leading FMCG company, has announced its acquisition of Minimalist, a premium, digitally native beauty brand renowned for its science-based skincare and haircare products. This strategic acquisition underscores HUL’s commitment to strengthening its position in the fast-growing premium Beauty & Wellbeing sector. HUL will…
Denta Water and Infra Solutions Limited is a dynamic company specializing in water and infrastructure projects, with a particular focus on groundwater recharge initiatives. Established in 2016, the company has gained a reputation for delivering comprehensive solutions in the water sector. Core Services Offered: Design of water infrastructure projects Installation of water systems Commissioning of…
Adani Energy Solutions Ltd Acquires Rajasthan Part I Power Transmission Limited for Strategic Expansion Adani Energy Solutions Ltd (AESL) has acquired 100% equity shares of Rajasthan Part I Power Transmission Limited (RPIPTL) as of January 20, 2025. The acquisition, carried out through a Share Purchase Agreement (SPA) with REC Power Development and Consultancy Limited, involved…
The consolidated results for Tata Technologies Limited Tata Technologies Limited’s revenue for the quarter ended December 31, 2024, was ₹1,317.38 crore, a decrease of 1.98% from the previous quarter’s ₹1,345 crore, but an increase of 0.92% over the year-earlier same quarter’s figure of ₹1,289.45 crore. The company’s net profit was ₹168.64 crore for the quarter,…