This disclosure of the transaction is made pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This comes in-line with the telecom sector relief package unveiled the previous month in September 2021 to help financially pressured telecom operators.
The payment will be made through a subscription of a rights issue, which has been approved by the Management Sub-Committee of the Board of Directors.
Under the deal, Temasek will buy an equity stake from Haldirams’ current shareholders
Bharat Forge Chairman and Managing Director Baba Kalyani said there are major growth opportunities in the automotive component space for the company
Adani Green is guiding India’s energy transition by targeting 50 GW capacity by financial year 2030, as compared to existing 12 MW.
JSPL had 10% revenue-sharing bid in coal block, increasing access to raw materials for steel.
The transaction with SBI Tokyo Branch was done on an arm’s length basis, and hence, there is no issue of shareholding, IREDA is stated to have confirmed.
The airline claims that the penalty order will not have a significant impact on its financials, operations, or other activities.
The MoRTH has also raised concerns about the accuracy of Ola's claims of selling 25,000 scooters in February after only 8,652 scooters were actually registered
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