MOIL has achieved finest ever month-to-month manufacturing of Manganese (Mn) ore and registered manufacturing of 1.85 lakh MT in December, 2023, which is 31% larger y-o-y. Within the present FY as much as December 2023 additionally, the corporate has registered a exceptional development of 41 per cent y-o-y, with manufacturing of 12.73 lakh MT of manganese ore.
The appropriate subject committee of Ind Renewable Vitality Ltd has fastened January 8 because the file date for the proposed rights subject. The ₹25.43-crore rights subject will open on January 18 and shut on January 29. Th subject comes at a value of ₹21 a share and the entitlement ratio has been fastened as 4:1 (4 shares for each 1)
Flex P. Movies (Egypt) S.A.E., step-down subsidiary of UFlex Ltd has commissioned its post-consumer recycling (PCR) Plant in Egypt having put in capability of 18000 MT per yr.
With the organising of the mentioned plant, the step-down subsidiary shall be recycling post-consumer PET bottles to recycled (rPET) PET flakes & Pellets by adopting mechanical recycling know-how which incorporates sorting, washing, drying and grinding of PET bottles to provide flakes or pellets for utilizing in PET Movie..
NIBE Ltd has included Nibe Meson Naval Ltd, subsidiary to cater to the enterprise of assembling, shopping for, promoting, distributing, importing, or in any other case dealing in turnkey Initiatives for Piping methods together with fabricated pipes, Valves, pumps, becoming, gaskets, gauges, and commissioning of piping methods.
The Competitors Fee of India on Tuesday cleared Punjab State Energy Company’s proposed acquisition of GVK Energy (Goindwal Sahib) Ltd. GVK Energy (Goindwal Sahib) is a wholly-owned subsidiary of GVK Vitality Ltd, which in flip is the subsidiary of GVK Energy and Infrastructure Ltd. The mix entails the acquisition of 100 per cent stake holding of GVK Energy (Goindwal Sahib) Ltd by Punjab State Energy Company Ltd (PSPCL).
Hindustan Zinc on Tuesday mentioned its mined metallic output has registered an increase of seven per cent to 2,72,000 tonnes within the December quarter on the again of improved mined metallic grades and better ore manufacturing. The refined metallic manufacturing within the third quarter elevated 1 per cent to 2,59,000 tonnes over 2,57,000 tonnes within the year-ago interval.
Promoter of Avenue Supermarts (DMart) Radhakishan Shivkishan Damani picked up greater than 2.22 lakh shares of VST Industries at a median value of Rs 3,390 via block deal. SBI MF acquired 2.25 lakh shares. In keeping with the majority deal knowledge accessible with the BSE, HDFC Mutual Fund bought 2 lakh shares and DSP Mutual Fund 2.5 lakh shares, amounting to a 1.3 per cent stake in VST Industries and 1.6 per cent stake within the firm, respectively.
Asian Paints on Tuesday mentioned it has acquired three orders for GST demand, totalling Rs 2.07 crore. The full quantity contains curiosity and penalties. The three orders associated to the availing of “alleged ineligible Enter Tax Credit score (ITC),” have been acquired on December 30, the main paints maker mentioned in a regulatory submitting.
Brigade Enterprises has acquired further stake of 4.53 per cent within the fairness shares of BCV Builders Personal Ltd, subsidiary of the corporate, from its current shareholders who’re Joint Enterprise Companions. Accordingly, the shareholding of the corporate has been elevated from 62.51 per cent to 67.04 per cent in BCV Builders Personal Restricted, which is creating a 135 plus acres sensible township at Devanahalli, Bangalore with a possible growth of 6 million sq. toes out of which 4.50 million sq. toes has already been developed
The board of Parmeshwari Silk Mills has accredited to make a strategic funding of roughly ₹2,55,39,780 in Harappa Textile Mills Personal Restricted and subscribe to fairness shares equal to 99.96 per cent of its issued and paid-up fairness capital.. The corporate is engaged within the enterprise as producer of, shopping for, promoting, importing, exporting and appearing as wholesale and retail sellers, entrepreneurs, merchants, principals, brokers, licensees or as Franchise of and dealing in Textile items and equipment.
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