This acquisition aligns with POWERGRID's core focus on power transmission and reinforces its commitment to enhancing the national grid, especially for renewable energy zones (REZ).
The company intends to raise funds through a variety of means, including a private placement, one or more qualified institutional placements.
The company will issue 13.3 lakh convertible warrants to Ramesh Sawalram Saraogi at a price of ₹750 per warrant.
Walia's hiring comes as the current CFO, Prateek Aggarwal, steps down after nearly six years in the position
H2O2 will be added to our chemical product portfolio and is produced downstream from Hydrogen at the Chemicals Complex.
According to sources, the block deal's floor price is ₹251.68 per share, a 4% decrease from Zomato's closing price on Monday.
These stocks remain available for trading in the cash market, with the NSE updating the F&O ban list daily.
The focus this week will be on Powell's speech in Jackson Hole, which will likely deter investors from placing large wagers before the event.
Spot gold rose 0.1% to $2,505.92 per ounce. Prices reached an all-time high of $2,509.65 on Friday.
On the demand side, concerns about China's economic troubles pushed oil prices upward.

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