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The credit rating agency has affirmed the company’s long-term Foreign-Currency Issuer Default Rating (IDR) at BB+ with Stable outlook.
This strategic investment enables JPFL to accelerate its diversification into new businesses, while increasing profitability and growth prospects for its packaging business unit.
This project offers several lifestyle amenities such as a rivulet, infinity-edge, orchards, a café, a forest trail, and an elevated walkway.
The merger will enable the shareholders of NDL to participate in and bolster the growth plans of HLFL thereby creating value for shareholders.
Voltas advanced 3.28% to Rs 1,312.75 after the board approved a proposal to enter into a joint venture arrangement with Highly International (Hong Kong), a wholly-owned subsidiary of Shanghai Highly (Group) Company.
On NSE, the Banking index soared by 700 points, while the Consumer Durables and IT index jumped nearly 500 points and 300 points respectively.
N K Khandelwal, president corporate resources & CFO of the company, has resigned due to personal reasons.
EPMPL is undergoing insolvency resolution under the Insolvency and Bankruptcy Code.

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