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Radico Khaitan’s Rampur Luxury Collection Win Multiple Accolades

20 June 2024

On June 19, 2024, Radico Khaitan announced that its luxury brands dominated the 2024 John Barleycorn Awards, a prestigious competition for recognising excellence in the spirits industry. The company’s Rampur Jugalbandi #3 secured the coveted title of Best World Whisky, while Jaisalmer Gold Indian Craft Gin triumphed in the Best Gin category. Both award winners …

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Gokaldas Exports to Make Substantial Investment in BRFL Textiles

20 June 2024

On June 19, 2024, Gokaldas Exports Limited (GEX), a major player in the textile industry, struck a strategic deal with BRFL Textiles Private Limited (BTPL) to bolster its vertical integration and fuel future growth. GEX will infuse ₹50 crore into BTPL through Optionally Convertible Debentures (OCDs) in an initial tranche. The agreement allows for further …

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Yatra Online Expands Adventure Tourism Stake with ANN Acquisition

20 June 2024

On June 19. 2024, Yatra Online Limited has announced a significant expansion in its stake in the adventure tourism sector. The company has acquired the remaining 49% stake in its joint venture, Adventure and Nature Network Private Limited (ANN), making ANN a subsidiary of Yatra Online. This transaction was formalised through a Share Purchase Agreement …

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Mukka Proteins Ltd’s Strategic Investment in Ento Proteins Pvt Ltd

21 June 2024

Mukka Proteins Limited (MPL) informed in a stock exchange filing that the company, being one of the shareholders of Ento Proteins Private Limited, Associate Company, executed an amended Shareholders Agreement with Ento Proteins Private Limited and Holocene Ecosolutions Private Limited on June 20, 2024. MPL, an associate company of EPPL, announced its decision to enhance …

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Clean Science and Technology Ltd’s Strategic Investment in CFCL

21 June 2024

On June 20, 2024, Clean Science and Technology Limited announced in a stock exchange filing its subscription to an additional 8,36,121 equity shares of Clean Fino-Chem Limited (CFCL). These shares, with a face value of ₹10 each and a premium of ₹588 per share, amounting to a total of ₹50,00,00,358 (Rupees Fifty Crores Three Hundred …

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JSW Infrastructure Limited Establishes Wholly Owned Subsidiary

21 June 2024

On June 20, 2024, JSW Infrastructure Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary, namely JSW Port Logistics Private Limited. This wholly-owned subsidiary was established on June 19, 2024. Details of the Wholly Owned Subsidiary JSW Port Logistics Private Limited has been established as a wholly owned subsidiary operating …

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Triveni Engineering Expands Control Over Sir Shadi Lal Enterprises

21 June 2024

On June 20, 2024, Triveni Engineering and Industries Ltd informed in a stock exchange filing the acquisition of an additional 36.34% stake in Sir Shadi Lal Enterprises Limited (SSEL). The company stated that pursuant to a Share Purchase Agreement executed with Mr Rajat Lal, Mr Rahul Lal, and Ms Poonam Lal (Second Promoter Group) on …

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Adani Ports To Be Included In BSE Sensex From June 24

21 June 2024

Adani Ports & Special Economic Zone is in the business of development, operations, and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi-product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. It is the largest port developer and operator in India. The company has a total …

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Cybersecurity Incident at GIC Housing Finance

21 June 2024

GIC Housing Finance, a prominent player in the housing finance sector, has recently experienced a cybersecurity breach. The incident has raised concerns over the security measures in place at financial institutions and the growing threat of cyberattacks in this digital boom. The Incident On June 21, 2024, GIC Housing Finance reported a malware attack that …

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Uno Minda Share Price Surges Amid Positive Market Expectations

20 June 2024

The shares of a mid-cap auto stock, Uno Minda, have experienced a significant surge, climbing 12% over the past 6 days to reach an all-time high of Rs.1,188. This remarkable increase follows a positive evaluation by brokerage houses that have initiated coverage on the stock with a ‘Buy’ rating and set a target price of …

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