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The company also mentioned in its filing that once the road is completed, it shall enhance connectivity to Visakhapatnam Port.

The transfer of ownership is scheduled to be finalized on mutual terms provided by the related parties on March 11, 2025, when the share transfer agreement was signed.

The company stated that specific inter-se agreement between the members of the consortium shall be finalized in the due course.

As per the company, this acquisition is expected to bolster Godrej Agrovet’s footprint in the dairy sector, enhancing its value-added product portfolio.

The regulatory decision to commission the plant from March 8, 2025, was finalized on March 11, 2025, at 6:18 p.m., after securing necessary approvals.

By 1 PM, the Sensex was down 378.62 points at 73,723.70, while the Nifty dropped 128.40 points to 22,369.50.

It will be a cash-based deal, and TCS has a call option to complete the acquisition after two years.

The interesting part is; despite the 16% fall in Nifty, most MFs are still attractive from a 5-year perspective

February 2025 was another disappointing month for LIC, as the fiscal year-end flows have dwindled sharply

Here are some of the stocks that may see significant price movement today: Bharti Airtel, Godrej Agrovet, Rail Vikas Nigam, etc.