News Overview

The action is anticipated to increase demand from the local renewable energy sector and other related sectors.

Delaporte resigned on April 6, and Srinivas Pallia, a 32-year company veteran, was appointed as his replacement. The company incurred ₹92.1 Crore in severance-related costs for Delaporte for FY24.

The board of directors recommended a dividend of ₹5 per share.

The BSE Midcap index fell by 0.11%, whereas the Smallcap index saw an increase of 0.54%. 

The board has recommended a final dividend of ₹0.85 per share (face value of ₹5) for the year ending March 31, 2024.

Since July 2018, Sandeep Batra, who oversees the Corporate Centre, has served as an Executive Director on the board of ICICI Bank.

KCPL, presently operating under the Kraus jeans brand, is a manufacturer, retailer, designer, and exporter of women's apparel, with a focus on denim bottom and top wear

It stated that plans for the future included for increasing the range of credit options, starting with mutual fund loans and working up to house loans.

In FY24, gold loan assets increased by ₹11,003 Crore, or 18%. Gold loan assets climbed by ₹3,657 Crore, a 5% increase over Q4FY23.

Signpost purchased a multi-story commercial property near Mumbai International Airport in March 2024 and designated it as the company's headquarters.