News Overview

Torrent Power announced that CRISIL has upgraded the long term cred it rating of non-convertible debentures and long term bank facilities of the Company to CRISIL AAStable from CRISIL AAPositive considering apart from other factors continued strong profitability and sustained improvement in the leverage levels CRISIL has reaffirmed its rating on the short-term bank facilities and commercial paper programme at CRISIL A1

Transpek Industry has receives credit ratings for bank facilities from CRISIL as under Total bank facilities – Rs 20755 crore Long term rating – CRISIL A Stable Short term rating – CRISIL A1

Sarveshwar Foods will hold a meeting of the Board of Directors of the Company on 22 February 2022

Nikhil Adhesives has appointed Anil P Gupta as a Chief Financial Officer of the Company with effect from 18 February 2022 in place of Anita U Sanghavi who has resigned from the position

Retro Green Revolution has revised the Extra-ordinary General Meeting of the company which was scheduled to be held on 18 March 2022 The meeting will now be held on 22 March 2022

The Board of Ambuja Cements at its meeting held on 17 February 2022 has in-principle approved an investment of Rs 3500 crore for a cement grinding expansion plan of potential 70 million tons across the companys existing grinding units at Sankrail and Farakka and at a greenfield location at Barh in Bihar supported by a 32 million tons brownfield clinker expansion at its existing integrated […]

Nippon Life India Asset Management has allotted 101361 Equity Shares under ESOP on 17 February 2022 Consequently the Issued Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 622006994 Equity Shares of Face Value Rs10 each

Hero MotoCorp has inaugurated its new state-of-the-art dealership – Surya Hero in Jaipur Rajasthan Surya Hero will act as a one-stop-shop for all the sales and customer service requirements in addition to offering the latest range of Hero-branded Merchandise and Accessories at the dealership

Natural Biocon India will hold a meeting of the Board of Directors of the Company on 21 February 2022

Agio Paper Industries will hold a meeting of the Board of Directors of the Company on 23 February 2022