On May 31, 2024, PTC India Financial Services Limited announced its financial performance for the quarter and the full year that concluded on March 31, 2024. Highlights for Q4 FY 2024 and FY 2024 For the fourth quarter of the fiscal year 2024, the company achieved a Profit After Tax (PAT) of ₹13.85 crore. Over …
Waaree Renewable Technologies Limited (WAAREERTL), a leading player in India’s clean energy sector, announced the successful acquisition of a new solar power project contract. The company received a Letter of Award (LOA) for the engineering, procurement, and construction (EPC) works associated with a 26.4 MW DC capacity solar power project. Project Scope and Responsibilities This …
On May 31, 2024, PVR INOX announced that they had launched a 3-screen multiplex at Machilipatnam, Andhra Pradesh. The company stated that this is their first multiplex at Varam Central Mall in Machilipatnam, Andhra Pradesh. With a seating capacity of 872 guests, it marks PVR INOX Limited’s first establishment in Andhra Pradesh after the merger …
On May 31, 2024, Suzlon Group informed in an exchange filing that the company had secured a new order win to develop an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of …
Dr Reddy’s Laboratories has announced that its wholly-owned subsidiary, Aurigene Oncology Limited (formerly Aurigene Discovery Technologies Limited), has invested ₹649,99,99,520 (approximately ₹6,500 million) in Aurigene Pharmaceutical Services Limited (APSL). Aurigene Pharmaceutical Services Limited issued 11,60,71,420 equity shares to AOL on May 30, 2024, at ₹10 each, with a premium of ₹46 per share. Aurigene Pharmaceutical …
On May 31, 2024, Tilaknagar Industries Limited announced the launch of a new flavour innovation under its Flandy (premium-flavoured Brandy) range. Mansion House Flandy has now been launched in an all-new Green Apple flavour in the state of Telangana, to start with. The company stated that they have seen a very encouraging response to its …
Tube Investments of India Limited (TIIL), a leading player in the Indian engineering industry, announced a significant move to solidify its position in the burgeoning electric vehicle (EV) market. Through its wholly-owned subsidiary, M/s. Tl Clean Mobility Private Limited (TICMPL), TIIL, has acquired a controlling stake in M/s. IPLTech Electric Private Limited (IPLT). Acquisition Details …
On May 31, 2024, DroneAcharya Aerial Innovations Limited announced its financial results for the financial year ended 2024. The company achieved a 90% year-on-year growth in revenue. Financial Highlights of FY 2024 Standalone: In FY 2024, DroneAcharya Aerial Innovations Limited’s total income was ₹3,735.32 lakh, up by 95.20% compared to ₹1,913.55 lakh in FY 2023. …
On May 30, 2024, Power Grid Corporation of India Limited informed in a stock exchange filing that having been selected as the successful bidder under tariff-based competitive bidding, the company acquired Khavda IV-E2 Power Transmission Limited (KIVE2TL). This Project SPV will establish the Transmission System for Evacuation of Power from the potential renewable energy zone …
On May 30, 2024, Kewal Kiran Clothing Limited (KKCL) informed the stock exchanges about the strategic acquisition of a 50% stake in Kraus Casuals Private Limited (KCPL) for a total consideration of ₹166.51 crore. The company stated that the equity stake would be acquired via primary infusion and secondary purchase. By entering into the women’s …
