CAPEX & FUTURE PLAN
Deepak Nitrite Limited is a diversified producer of chemical intermediates for industries such as colorants, life sciences, plastics, and construction chemicals. It operates responsibly certified facilities across India and is a member of the Together for Sustainability initiative. Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has entered into definitive agreements…
On November 12, 2024, Adani Enterprises’ subsidiaries signed a Joint Venture Agreement with Eurotunnel JV INC., establishing a new free zone company (“JV Company”) in the UAE. This JV will operate in France and other agreed territories. Key Participants Mumbai Travel Retail Private Limited (MTRPL): A subsidiary of Adani Enterprises. Ospree International FZCO (Ospree): MTRPL’s…
Reliance Industries Ltd (RIL) is set to invest Rs 65,000 crore over the next five years to establish 500 compressed biogas (CBG) plants across Andhra Pradesh. This marks RIL’s largest investment outside Gujarat and is part of its renewable energy push. Each of these plants will require an investment of Rs 130 crore and will…
Gujarat Ambuja Exports Limited (GAEL) announced on November 11, 2024, that it has received Environmental Clearance (EC) from the Ministry of Environment, Forest and Climate Change of India for the construction of a new ethanol plant. The 180 KLPD (kiloliters per day) Greenfield Grain-Based Extra Neutral Alcohol and Ethanol Plant will be established in Malda,…
NSE: OLAELEC: Rs.74.26(+2.21%) Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. Today, Ola Electric’s performance numbers were not particularly impressive, but the stock surged by 2% following a company announcement about its plans to enter the three-wheeler segment. Ola Electric…
Devyani International Limited (DIL) is a rapidly expanding quick-service restaurant (QSR) operator in India, recognized as the largest franchisee of Yum! Brands, operating KFC and Pizza Hut in the country. DIL is also the exclusive franchisee for Costa Coffee in India and caters to South Indian vegetarian cuisine lovers through its brand, Vaango, a popular…
Balaji Amines Limited has commenced commercial production of methylamines at its Unit-IV facility in Solapur, Maharashtra. Key details of the production launch are as follows: Production Start Date: November 10, 2024 Facility Location: Unit-IV, F-104, Chincholi MIDC, Solapur, Maharashtra Annual Production Capacity: 40,000 tonnes per annum (TPA) Expansion Milestone: This launch marks the completion of…
Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into a two-year domestic agreement with Can Fin Homes Limited to provide expense management and employee benefit solutions. Agreement Highlights: Zaggle will offer Can Fin Homes Limited access to Zaggle Zoyer Petty Cash and Zaggle Save platforms. Zaggle Zoyer Petty Cash: A platform for expense management. Zaggle…
Epigral Limited (formerly Meghmani Finechem Limited) has announced plans to expand production capacity for Chlorinated Polyvinyl Chloride (CPVC) Resin and Epichlorohydrin at its Dahej facility in Gujarat. This expansion, approved by the Board of Directors on November 9, 2024, aims to leverage market growth opportunities and boost the company’s market share. Expansion Details: CPVC Resin:…
Investments in AETL’s Subsidiaries The Enzyme Technologies Ltd (AETL) investment in its subsidiaries: one in a new SPV for a solar power project, and one in the existing subsidiary Advanced Enzymes Europe B.V. (AEEBV). Investment in a Solar Power SPV AETL’s Board of Directors has approved an investment in a Special Purpose Vehicle (SPV) focused…