News Overview

The Board of Welspun India at its meeting held on 23 February 2022 has approved raising of funds by way of private placement up to Rs 500 Crore inter alia by issuing non-convertible debentures NCDs or Commercial Papers

Garware Technical Fibres has received reaffirmation in credit ratings from ICRA while outlook has been revised from Stable to Positive as under Long term fund based – ICRA AA Positive Long term short term non-fund based – ICRA AA Positive ICRA A1

Crompton Greaves Consumer Electricals has signed definitive agreements on 22 February 2022 to a acquire upto 55Percentage stake in Butterfly a company engaged in the manufacturing marketing and distribution of kitchen and small domestic appliances SDA at a price of Rs 140300 per equity share and b Trademarks for a consideration of Rs 3038 crore The company will also launch the mandatory open offer to […]

Powergrid Infrastructure InvestmentTrust has postponed the meeting of the Board of Directors which was scheduled to be held on 23 February 2022 The meeting will now be held on 28 February 2022

Taneja Aerospace Aviation announced that the Board of Directors of the Company at its meeting held on 22 February 2022 inter alia have recommended the interim dividend of Rs 05 per equity Share ie 10Percentage subject to the approval of the shareholders

PNC Infratech has been declared the L1 lowest bidder in the following three 3 new Hybrid Annuity Modelled National Highway Projects of NHAI for an aggregate Bid Project Cost of Rs 43840 crore 1 Construction of Six lane upgradable to Eight lane of Package I of Kanpur-Lucknow Expressway in Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana length 1715 km 2 Construction of Six […]

Sharanam Infraproject Trading announced that an Extra Ordinary General Meeting EGM of the Company will be held on 29 March 2022

Ujjivan Small Finance Bank announced that CRISIL Ratings has reaffirmed its CRISIL A1 rating on the Rs 2500 crore Certificate of Deposits Programme of the Bank

Sigachi Industries will hold a meeting of the Board of Directors of the Company on 3 March 2022

The Board of Mahindra CIE Automotive at its meeting held on 22 February 2022 approved the following change in directorate Resignation of Zhooben Bhiwandiwala DIN 00110373 Appointment of Puneet Renjhen DIN 0009498488