The lease agreement spans 12 years and covers a total of 138 rooms.
If the entire offer is accepted, the transaction would translate to a cash outflow of approximately ₹3,929.06 crore by JSW Paints.
The agreement is scheduled to begin between May and July 2026, with services extending until the end of December 2031.
As per the contract, NCC will be responsible for the design, manufacture, supply, installation, integration, testing, and commissioning of key metro components.
The board has recommended a final dividend of ₹1.05 per share for the financial year, subject to approval at the upcoming annual general meeting.
The dispute dates back to the financial years between 2007–08 and 2017–18.
With the latest transaction, the cumulative value of non-core assets offloaded by the Tamil Nadu-headquartered company has reached ₹483.84 crore.
Here are some of the stocks that may see significant price movement today: Avenue Supermarts, BEML, Gland Pharma, etc.
For the month of June alone, toll collections stood at ₹544.8 crore up 5% from ₹517.2 crore in June 2024.
The contract was awarded by the Department of Collegiate and Technical Education (DCTE), Bengaluru, under the centrally sponsored PM USHA Scheme.
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