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Following this deal, Samvardhana Motherson will be REE's exclusive partner in managing the complete supply chain.

The IPO will remain open for subscription from September 13 to September 18, with the share allotment expected to be finalized on September 19, and the listing on BSE and NSE on September 23.

Out of 26 sectors evaluated, MFs saw AUM accretion in 16 sectors as 10 sectors witnessed AUM compression

The withdrawal was based on the "mutual consent" of both parties, who settled their dispute and passed resolutions to withdraw the merger scheme.

Spice Healthcare issued preferential warrants on September 4, 2023, resulting in the acquisition of 13.74% of equity shares.

Zydus will take charge of marketing, distributing, and selling these MRI contrast agents in the US market, marking its entry into the contrast agent product category.

The warning letter specifically cites Zydus’s failure to properly investigate contamination issues in drug products at its Jarod plant in Vadodara district.

In another leadership shift, Colonel Shaminder Singh Jamwal will become the new Head of Security, also starting October 1, 2024.

This is the company's first greenfield wind power plant for SECI, contributing to its renewable energy growth and supporting a sustainable future.

The two firms represent a total capacity of 1,000 MW in standalone BESS projects granted through SECI's global competitive bidding process.