Zodiac Energy Limited, a prominent player in the renewable energy sector with over 30 years of expertise, announced its unaudited financial results for the quarter ended June 30, 2024. The company reported a significant rise in Total Income to ₹79.59 crore in Q1 FY25, marking a 144.56% increase from ₹32.54 crore in Q1 FY24. EBITDA …
Allcargo Logistics Limited, one of the key players in the global logistics industry, recently released its International Supply Chain Solutions (ISC) operational update for July 2024. The update showcases steady growth in both Less than Container Load (LCL) and Full Container Load (FCL) operations. In July 2024, LCL operations recorded a volume of 8,18,000 cubic …
Hazoor Multi Projects Limited has announced that it has been selected as the Lowest Bidder for a significant project by the Maharashtra State Infrastructure Development Corporation (MSIDC). The project, known as EPC ~ NSK-II-24(A), involves widening and improving the Paldhi Amalner Dondaicha Nandurbar Dhanora to Gujarat State Border Road (SH-6) from KM 121/200 to 169/500 …
Ipca Laboratories has introduced a pioneering topical gel, Diulcus, to address diabetic foot ulcers (DFUs) in India. This innovative product, priced at ₹1,365 per 15 mg pack, will become available through Ipca’s extensive network of 4,000 distributors across the country. With a target of capturing a ₹100 crore market within the next 3 years, Diulcus …
Power Grid Corporation of India Limited successfully acquired Rajasthan IV E Power Transmission Limited on August 19, 2024. This acquisition, made through a competitive bidding process, is for a project to develop a new transmission system to handle power from the Rajasthan REZ Phase IV (Part 2: 5.5 GW) in the Jaisalmer/Barmer region. The project …
Olectra Greentech Limited has announced the acquisition of an additional 5,01,717 shares in EVEY Trans (MSR) Private Limited. This follows their previous disclosure from September 11, 2023. Alongside Olectra’s acquisition, EVEY Trans Private Limited has also acquired 5 crore additional equity shares in the same company. EVEY Trans (MSR) Private Limited, which is specifically set …
Vishnu Chemicals Limited, a leading manufacturer of high-performance speciality chemicals, announced the 100% equity acquisition of Jayansree Pharma Private Limited (JPPL) for an enterprise value of ₹51.99 crore. The Vishnu Chemicals Board of Directors approved the acquisition in its meeting today, and the company signed a Share Purchase Agreement with JPPL and its shareholders on …
On August 19, 2024, Sequent Scientific Limited, a leading Indian pharmaceutical company, announced that it had received prequalification (PQ) approval from the World Health Organization (WHO) for its Albendazole Active Pharmaceutical Ingredient (API). This approval was achieved in partnership with Mepro Pharmaceuticals Private Limited, which developed and commercialised the Albendazole Chewable formulation using Sequent’s API. …
Poly Medicure, an Indian manufacturer and exporter of plastic medical disposables and surgical devices, has launched a Qualified Institutional Placement (QIP) to raise Rs.1,000 crore, aimed at funding a number of initiatives, including capital expenditure and potential acquisitions going ahead this year. Details of the QIP The QIP was opened on Monday with a floor …
Torrent Power has escalated its legal battle to the National Company Law Appellate Tribunal (NCLAT) against the approval of Sarda Energy and Mining Limited’s (SEML) resolution plan for the financially troubled SKS Power Generation. The case stems from Torrent Power’s claims of unfair treatment in the resolution process after their bid, which allegedly offered the …
