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The proposal is subject to shareholder approval and necessary regulatory clearances.

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Eris had acquired the rights from Novartis AG, Switzerland, through an assignment deed dated November 27, 2019.

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The notice, issued on August 21, 2025, directs the steelmaker to clear the dues within 15 days.

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Earlier this month, the company announced its results for the quarter ended June 2025. It posted a consolidated net profit of ₹217.30 Crore.

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Top gainers in Sensex include M&M, Bharat Elec, Maruti Suzuki, Sun Pharma.

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Novigo’s revenue grew at a compound annual growth rate of 44% for over 3 years with 25% EBITDA margin and healthy cash flow, stated the company in its filing.

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The vote may have been for status quo, but the FOMC is now getting increasingly divided over rate action

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This latest update related to the project comes after the company commissioned the first phase of 142.20 MW project on June 28, 2025.

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Niranjan will take charge of Ritesh Tiwari’s position. Ritesh shall join the HUL Board from November 1, 2025, subject to necessary approvals.

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The refinancing extended by IRFC is expected to lower financing costs for BRBCL, strengthening its financial position and reducing the cost of electricity supplied to Indian Railways

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