MTAR Technologies Secures Rs. 226 Crores in Orders from Clean Energy and Aerospace Sectors MTAR Technologies Ltd. has announced the receipt of orders worth Rs. 226 crores in the Clean Energy and Aerospace sectors, reflecting its expanding market presence. The orders include: Rs. 191 crores from Bloom Energy Corporation in the Clean Energy sector, continuing…
Steel Strips Wheels Limited Secures €15 Million Steel Wheel Order from European OEM Steel Strips Wheels Limited (SSWL) has been nominated for a significant steel wheel business by a leading European original equipment manufacturer (OEM). Key Highlights of the Order: Business Value: Approximately €15 million. Duration: The order will be executed over six years. Series…
Tech Mahindra to Merge Four Wholly-Owned Subsidiaries Tech Mahindra Limited has announced the merger of its four wholly-owned subsidiaries: Perigord Premedia (India) Private Limited (“PPIPL”), Perigord Data Solutions (India) Private Limited (“PDSIPL”), Tech Mahindra Cerium Private Limited (“TMCPL”), and Thirdware Solution Limited (“TSL”). Key Developments On October 25, 2023, Tech Mahindra’s Board of Directors approved…
Amalgamation of SGS Infosystems, SGS Tekniks, and Syrma SGS Technology Limited Syrma SGS Technology Limited has announced the approval of its amalgamation scheme with SGS Infosystems Private Limited (“Transferor Company No. 1”) and SGS Tekniks Manufacturing Private Limited (“Transferor Company No. 2”). The National Company Law Tribunal (NCLT), Mumbai, issued its order on December 4,…
UFLEX Limited Acquires Additional Stake in Amplus Phoenix Energy Private Limited UFLEX Limited is set to increase its equity stake in Amplus Phoenix Energy Private Limited (“Amplus Phoenix”). Incorporated in 2021 in India, Amplus Phoenix focuses on the establishment, generation, and distribution of solar power. Although the company has not yet generated turnover from its…
About Concord Enviro Systems Founded on July 1, 1999, Concord Enviro Systems is a prominent provider of water and wastewater treatment solutions, leveraging cutting-edge technologies like Zero Liquid Discharge (ZLD). Their offerings include membrane bioreactors, sewage treatment plants, and membrane-based systems like ultrafiltration (UF), nanofiltration (NF), and reverse osmosis (RO). The company operates in three…
The DAM Capital Advisors IPO is set to open on December 19, 2024, and close on December 23, 2024. The company aims to raise approximately ₹840.25 crores through this offering, which includes a fresh issue of shares (details not disclosed) and an offer for sale of up to 2,96,90,900 equity shares at a face value…
The Initial Public Offering (IPO) for Transrail Lighting commenced on December 19, 2024, and concluded on December 23, 2024. The IPO is slated for listing on the BSE and NSE on December 27, 2024. Through this IPO, the company aims to raise ₹838.91 crores, comprising a fresh issue of ₹400 crores and an offer for…
J. Kumar Infraprojects Limited has received a “Letter of Award” from NBCC (India) Limited, a Government of India enterprise, on December 18, 2024. The award pertains to the “Development of Hari Nagar Colony for Delhi Transport Corporation (DTC) in Delhi”. The total contract value is ₹632 crore, inclusive of all applicable taxes, duties, cess, and…
TVS Holdings Limited, formerly Sundaram-Clayton Limited, is set to acquire 100% equity shares and Compulsorily Convertible Debentures of Radial (Phase II) IT Park Private Limited (“Target Company 1”) and Radial (Phase III) IT Park Private Limited (“Target Company 2”). This acquisition will be executed through TVS Emerald Limited, a wholly-owned subsidiary of TVS Holdings. Upon…