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Proceeds from the asset sale will be utilised to lower the company’s outstanding borrowings, supporting its balance sheet strengthening efforts.

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The company has received this order from a domestic entity and is in the normal course of business. It expects the order to be executed by December 2026.

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The scope of work Sangreen Future Renewables will carry out the construction of wind turbine generator (WTG) civil foundations.

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The scope of the order includes the supply of 3 HP 5 HP and 7.5 HP off grid solar pumps for agricultural use.

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The scheme has received approvals from the National Company Law Tribunal as well as the Jersey Financial Services Commission.

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The project carries a potential gross development value of over ₹4,800 crore, adding meaningfully to the company’s residential development pipeline.

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As part of the project, the company will construct a four-lane elevated road in Jodhpur, Rajasthan from Mahamandir to Akhaliya Chouraha.

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The acquired land offers a development potential of around 5 million square feet, with an estimated revenue potential of more than ₹5,000 crore at the top line level.

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Here are some of the stocks that may see significant price movement today: HCLTech, ACC Limited, Prestige Estates, etc.

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As per the data shared, as of 12.30 PM, the rights issue has received bids of about 130 Crore shares against 80 Crore shares offered for subscription.

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