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Torrent Power has entered into a Share Purchase Agreement SPA and Shareholders Agreement SHA with Honble Administrator of the Union Territory of Dadra and Nagar Haveli and Daman and Diu Holding Entity and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation the SPV for purchase of 51Percentage Equity Share Capital of the SPV from the Holding Entity The SPV will be responsible […]

Infibeam Avenues has allotted 1338155231 equity shares of Re 1 each by way of bonus issue on 16 March 2022 With this allotment the paid up equity share capital has increased to 2676310462 of Re 1 each

NTPC announced that an Extra Ordinary General Meeting EGM of the Company will be held on 18 April 2022

Ramco Systems has received the following ratings for Rs 21450 crore bank facilities of Ramco Systems The outlook on the long term rating is revised from Stable to Negative Long term fund based CC reaffirmed – ICRA A; Negative Short term fund based facilities reaffirmed – ICRA A2 Short term non-fund based facilities reaffirmed – ICRA A2 Unallocated reaffirmed – ICRA A; Negative ICRA A2

ITC has on 15 March 2022 acquired in the second tranche 1040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Care With the aforesaid acquisition ITC now holds 16Percentage stake in Mother Sparsh Care on a fully diluted basis

Carborundum Universal has allotted 4200 equity shares under ESOP on 17 March 2022 With this allotment the paid up equity share capital has increased to 189856703 equity shares of Re 1 each

Borosil Renewables has allotted 75000 equity shares on 16 March 2022 under ESOP With this allotment the paid up equity share capital stands increased to Rs 130355279 divided into 130355279 equity shares of face value of Re 1 each

TeleCanor Global will hold a meeting of the Board of Directors of the Company on 21 March 2022

The Board of Oil India at its meeting held on 16 March 2022 has accorded its approval for investment in its subsidiary company – Numaligarh Refinery for implementation of petrochemical project ie polypropylene unit and its associated facilities at Numaligarh at an estimated capital cost of Rs 6555 crore The Board also approved the formation of a joint venture company between Assam Gas and Oil […]

Computer Age Management Services announced the go live and launch of Central Record Keeping Agency CRA under the National Pension System NPS Sector regulator Pension Fund Regulatory and Development Authority PFRDA appointed CAMS as a CRA to broad-base the services to NPS subscribers and the ecosystem CAMS NPS platform is designed to build subscriber confidence and convenience by leveraging new generation technologies and applications to […]