The company plans to develop a residential plotted township on the site and expects to generate revenue of over ₹1,250 crore through plot sales.
Alembic Pharmaceuticals shares have gained 10% in the last year, dipped 2.8% in the year-to-date, and gained 2.3% in the previous month.
The acquisition values JB Chemicals at ₹25,689 crore on a fully diluted basis, according to the company’s official announcement.
This is the third significant contract awarded to ITI under the BharatNet Phase-3 initiative.
CONCOR has declared a final dividend of ₹2 per equity share for FY25.
For the quarter ended March 2025, the company posted a net profit of ₹1.70 crore, down nearly 37% from the ₹2.68 crore reported in the same period last year
The patented component, known as a Single ILU Long Pass Filter, is designed to deliver more stable and realistic training outputs for defense personnel.
As per the company’s filing, the work order include design, supply, putting up, testing, and commissioning of overhead equipment (OHE).
To support this, the ministry has suggested that banks should inject funds wherever necessary to help their subsidiaries grow and become ready for public listing at the right time.
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