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CONCOR has declared a final dividend of ₹2 per equity share for FY25.

For the quarter ended March 2025, the company posted a net profit of ₹1.70 crore, down nearly 37% from the ₹2.68 crore reported in the same period last year

This is the third significant contract awarded to ITI under the BharatNet Phase-3 initiative.

The acquisition is expected to benefit from IL JIN’s wide manufacturing footprint, technical depth, and experience in electronics production.

For the bank, it’s a chance to offer more services under one roof and deepen relationships with existing customers.

The resolution was passed during an extraordinary general meeting (EGM) held recently.

The company plans to develop a residential plotted township on the site and expects to generate revenue of over ₹1,250 crore through plot sales.

Roughly 1.37 crore shares changed hands in the block window, representing about 6.06% of the company’s total outstanding equity.

The acquisition values JB Chemicals at ₹25,689 crore on a fully diluted basis, according to the company’s official announcement.

Alembic Pharmaceuticals shares have gained 10% in the last year, dipped 2.8% in the year-to-date, and gained 2.3% in the previous month.