News Overview

The issue, with a face value of ₹1 per share, comprises a fresh issue of equity shares worth ₹1,500 crore and an OFS of up to ₹3,700 crore by promoters and investors.

Earlier this month, the Maharatna PSU approved unrequisitioned surplus (URS) power generated by the thermal power plants.

Maruti Suzuki, JSW Steel hits 52-week high in Nifty.

The company confirmed that the bonds will be redeemed on or before August 30, 2025, with consent from bondholders as stipulated in the trust deed.

The claim was made for input tax credit (ITC) accumulated under the inverted duty structure.

In a regulatory filing, the company said it has signed agreements, last executed on August 18, to sell 49.6 lakh equity shares of IRSL, each with a face value of ₹10.

Vedanta reported a 12% decline in its net profit for the quarter ended June 2025 at ₹3,185 Crore. In the previous corresponding quarter.

The joint venture is structured as a 50:50 partnership, with REPL subscribing to 2,25,000 shares of USD 100 each in cash, giving it a 50% stake in GRSPL.

As part of the project, the company will construct a state-of-the-art intake of 1,650 MLD capacity in addition to a Raw Water Pump House.

IHCL said this arrangement is capital-light and will operate on a lease model under the Ginger brand.