The company has executed the agreement with its subsidiary KEC Asian Cables Ltd (KACL) for slump sale of cables business, which is at a value of ₹125 crore.
Senores Pharmaceuticals shares closed 6% below their listing price, although they are still up 43% from the IPO price.
Suzlon Energy Ltd.'s shares has gained a total of 58% in the last one year, and 15% in the last six months.
The deal consists of ₹10 crore equity shares and ₹365 crore in optionally fully convertible debentures.
The board approved this acquisition on December 30, 2024. The equity bought of 6.67% was from Hero Fincorp Ltd and Sunil Kant Munjal.
On Monday, indices closed down amid weak global market trends.
The project deals with the design, supply, erection, testing, and commissioning of 132/55 KV traction substations, sectioning posts, and sub-sectioning posts.
The land is owned by SPL through its subsidiary, SPL Shelters Private Ltd.
The AIP plug will extend the submerged time of submarines by manifold orders, thereby enhancing performance and effectiveness.
A recently awarded 300 MW hybrid project will definitely get a PPA till June 2025 thereby further strengthening the portfolio.
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