| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 20 Sep 2024 | 30 Aug 2024 |
| AGM 20/09/2024 The 108th Annual General Meeting of the Members of the Company was held on Friday, 20th September, 2024 at 1030 Hrs., through Video Conference / Other Audio Visual Means, in accordance with MCA and SEBI Circulars, to transact the business as stated in the Notice dated 08th August, 2024 convening the AGM. In this regard, please find enclosed the Summary of the proceedings of the AGM of the Company as required under the Reg 30 read with Para A of Schedule III of the SEBI (LODR) Regulations, 2015. Read less.. (As Per BSE Announcement Dated on 20.09.2024) | ||
This order is in line with Titagarh Rail’s push to diversify its portfolio beyond the railway segment.
According to the company, the vessels are being built for GRSE and will be deployed by the Geological Survey of India (GSI) as research ships for coastal exploration.
EBITDA nearly doubled to ₹111.8 crore during the quarter. This is compared to ₹56.3 crore a year ago.
The partnership is expected to improve propulsion efficiency and performance for both defence warships and commercial vessels.
Garden Reach Shipbuilders, Zen Technologies, and Cochin Shipyard saw their stock prices rise between 4% and 6% during Friday’s trade.
These ships are being developed specifically for research and exploration along India’s maritime borders.
SunStone deal is aimed at future cooperation in designing and possibly building expedition cruise vessels ships used for adventure tourism and remote sea travel.
As per its filing, the business also entered into a memorandum of intent with Carsten Rehder Schiffsmakler und Reederei.
Defence stocks witnessed a rally despite a dim market sentiment, adding over 1% in Nifty India Defence index. This marks a third straight session of gains.
Under this MoU, Kongsberg will provide the design framework and technical inputs required to develop the PRV.
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