The receipt of the EIR marks the formal closure of the US health regulator’s pre-approval inspection, which was conducted between February 19 and February 25, 2025.
With this collaboration, both companies aim to build a localised supply chain that can serve critical engine requirements for the country’s air defence.
Its IPO of upto INR 5,400.00 million comprises of both a fresh issue and offer for sale from its existing shareholders/promoters.
Last week, Bajel Projects also secured a major transmission order from PowerGrid Corporation of India Limited (PGCIL).
Tabular alumina is a premium-grade alumina used in critical applications through refractories, ceramics, and advanced manufacturing.
The Group’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose by 8.2%, reaching ₹89,806 crore on an adjusted basis.
This latest contract covers multiple scopes structural construction, interior finishing, and full-scale MEPF (mechanical, electrical, plumbing, and firefighting) work for Sector 07 of the project.
On successful completion of this acquisition, Sundaram Finance’s stake in IMPAL will increase from existing 20% to 24.99%.
The transaction is expected to be completed on or before July 31, 2025, depending on the timelines of each phase.
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