Bajaj Finserv: The company has ended its co-branded card partnership with DBS Bank India. The move comes as non-bank lenders seek to end credit card co-branding partnerships.
Torrent power: The board approved the opening of a QIP to raise up to Rs 5,000 crore at a floor price of Rs 1,555.75 per deal for debt relief. The Company may, at its discretion, offer a discount of not more than 5% from the lowest price calculated for the stock in question.
Hindustan Unilever: The company paid Rs 193 million under the tax dunning order. Updated tax disputes related to GSK transactions.
Mazagon Dock Shipyard: The Company has set December 27th as the record date for determining the eligibility of shareholders for splitting existing shares into 2 shares.
Solar power industry: The company and its subsidiaries have received export orders worth Rs 2,039 crore for supply of defense products, which will be delivered over a period of four years.
Pricol, TVS Motor: The company will acquire the plastic parts division of TVS Motor’s Sundaram auto parts division for Rs 215 crore and will invest up to Rs 120 crore in Pricol Precision Products in one or more instalments.
Godavari Biorefinery: The company has signed an exclusive license agreement with Catalyxx for biobutanol and higher alcohols. The company plans to install equipment capable of producing 15,000 tons per year in the first phase.
Protean e-Gov technology: The company has received a work order worth Rs 161 million from the Central Registrar of Securitized Assets Reconstruction and Security Interests of India.
KPI Green Energy: The company has received the largest ever order from Coal India for the installation of a 300 MWAC ground-mounted solar power plant, including five years of comprehensive operation and maintenance services. The contract price of the project is Rs 1,311 crore.
Indoko therapy: The company announced a strategic partnership between the company and UK-based Clarity Pharma, which will launch approximately 20 products over the next 18 months through its UK distributor, Clarity Pharma.
Nazara Technologies: The company announced five investments totaling Rs 196 million to drive growth across gaming and entertainment. The company will invest Rs 148 million in existing divisions such as Sportskeeda, Nodwin Gaming and Datawrkz.
Godrej properties: The company has closed the QIP and set the issue price at Rs 2,595 per share. The issue price represents a 4.86% discount from the floor price.
HCL technology: The company completed the acquisition of certain assets of Communications Technology Group from Hewlett Packard Enterprise.
Moyle: Manganese ore production reached a record of 1.63 million tons in November, and sales of grade unlocked manganese ore increased by 32% year-on-year to a total of 1.33 million tons. The company also crossed the Rs 1,000-crore mark in sales within the first eight months of FY25.
Solar power industry: The company and its subsidiaries have received export orders worth Rs 2,039 crore for supply of defense products, which will be delivered over a period of four years.
E2E network: The company has signed an agreement with L&T for capacity expansion of its data center facility. Existing capacity is 4,200 KW and planned capacity addition is 6,000 KW.
Indian coal: The company signed a memorandum of understanding in Mumbai to explore setting up a coal-to-synthetic natural gas project through surface gasification of coal at WCL.
Pearl Global Industries: The company will acquire an additional 20% stake from minority shareholders in PT Pinnacle Apparels for $2.5 million, increasing its stake to 69.9% through its subsidiary DSSP Global.
