As per the valuation report from the registered valuer, the cost of acquisition is Rs2.68 crore.
Dr. Bathe has a rich experience of 21 years in providing strategic guidance to the company.
Sushil Kumar Roongta, aged around 71, is an Electrical Engineering graduate from BITS, Pilani.
The Outlook is Stable. The rating on the Standby letter of credit (LC) Rs1,085 million has been withdrawn (paid in full).
The company has acquired 1,66,054 shares of Rs10 each in Gtropy, valuing Rs13.50 crore.
The Company has transferred 45.20 lakh equity shares having face value of Rs10/ each of Arka Fincap— Subsidiary Company to AFHPL, a wholly-owned subsidiary at Rs49,720,000/.
India’s trade deficit and inflation outlook are worsening amidst this gripping crisis between Russia and Ukraine.
The orders involve the supply of Primary Explosives Plant and fabrication and supply of R-III rocket motors.
Bank Nifty outperformed the Nifty index by ~0.2% with both the indices closing ~1.8%/1.6% lower

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