Maruti Suzuki, JSW Steel hits 52-week high in Nifty.
In a regulatory filing, the company said it has signed agreements, last executed on August 18, to sell 49.6 lakh equity shares of IRSL, each with a face value of ₹10.
Vedanta reported a 12% decline in its net profit for the quarter ended June 2025 at ₹3,185 Crore. In the previous corresponding quarter.
The PPA will run for 25 years from the date of commencement.
As part of the project, the company will construct a state-of-the-art intake of 1,650 MLD capacity in addition to a Raw Water Pump House.
The claim was made for input tax credit (ITC) accumulated under the inverted duty structure.
IHCL said this arrangement is capital-light and will operate on a lease model under the Ginger brand.
The joint venture is structured as a 50:50 partnership, with REPL subscribing to 2,25,000 shares of USD 100 each in cash, giving it a 50% stake in GRSPL.
Earlier this month, the Maharatna PSU approved unrequisitioned surplus (URS) power generated by the thermal power plants.
The company confirmed that the bonds will be redeemed on or before August 30, 2025, with consent from bondholders as stipulated in the trust deed.
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