In January 2024, Nestle India rolled out a stock split. Under this, one share of face value of ₹10 each was split into 10 shares of ₹1 each.
As per the company, these changes are part of an internal realignment and do not constitute any court-approved Scheme of Arrangement.
The expansion aims to supply raw material to the growing cluster of steel plants in Gadchiroli
The company stated that it has subscribed to 179.10 Crore equity shares of T Steel Holdings Pte. The shares are issued at a face value of $0.1005 per share.
The order pertains to hydro-mechanical works for the 2,880 MW Dibang Multipurpose Project, one of India's largest upcoming hydropower facilities, located in Arunachal Pradesh.
Dyrupeg is used primarily to reduce the risk of infection in cancer patients undergoing chemotherapy.
The contract received is for a period of 3 years and includes the movement of stainless steel products within the country.
The transaction took place at a price of ₹1,821.50 per share. The aggregate value of the deal is ₹920 Crore.
The company also has a 29.3 GWh of energy storage capacity, including hydro pumped storage and battery systems.
Bharti Airtel, HDFC Life, HDFC Bank, Grasim hits 52-week high in Nifty.
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