Sula Vineyards: India’s largest wine producer will make its debut on the bourses on Thursday. The company had raised a little more than Rs 960 crore between December 12-14 and sold its shares Rs 357 apeice, which was entirely an offer for sale. : The conglomerate run by billionaire Mukesh Ambani will acquire German firm Metro AG’s wholesale operations in India for Rs 2,850 crore as it seeks to strengthen its dominant position in India’s mammoth retail sector.
Adani Enterprises: Adani Solar, a subsidiary of Adani Group’s flagship firm, the photovoltaic manufacturing and research arm of the Adani Group, has launched large sized monocrystalline silicon ingot, at its Mundra facility. It will produce renewable electricity from silicon based PV based .
Bandhan Bank: The private sector lender has received binding bid of Rs 801 crore from asset reconstruction company, on security receipt consideration basis, for its written-off portfolio with outstanding of Rs 8,897 crore. The bank said it would go for bidding as per Swiss challenge method.
Adani Power: The Adani Group’s utility firm said it has received a B score for climate change transparency from CDP (Carbon Disclosure Project) for 2022. This is higher than the global and Asia regional average of C, and same as the thermal power generation average ofB.
Bharat Forge: The castings & forgings company has commenced supply of forgings utilizing green steel, manufactured and supplied by Saarloha Advanced Materials, a part of the Kalyani Group. This is in line with company’s commitment to reduce the carbon footprint. Max Pro Financial Services: of the financial services firm Max Ventures Investment Holdings offloaded 58.85 lakh shares or 1.7 per cent at an average price of Rs 679.2 apeice in the company for Rs 399.7 crore through an open market transaction, according to the bulk deal data Navailable with the J Chemicals & Pharmaceuticals: The private equity firm KKR-backed JB Chemicals has completed acquisition of Razel franchise from . Last week, it had agreed to acquire Glenmark’s cardiac brand Razel in India and Nepal for Rs 313.7 crore. Transmission: The civil firm construction the National Company Law Tribunal has approved the merger of (India) with the firm, making it one of the country’s largest listed engineering and construction companies.
Just Dial: The internet firm’s promoter Reliance Retail Ventures, a subsidiary of Reliance Industries, sold 16,86,119 shares or 2 per cent stake at an average price of Rs 600 apiece in the company for Rs 101.16 crore in order to comply with the minimum public Shareholding norms, according to the bulk deal data available with stock exchanges.
GR Infraprojects: Infrastructure investment trust India Grid Trust and GR Infraprojects have joined hands to bid for identified power transmission projects worth Rs 5,000 crore. India Grid Trust (IndiGrid) and GR Infra have announced a strategic partnership.
Uno Minda: The auto components maker said it has entered into a technical license agreement with South Korea’s Asentec Co for design, development, manufacturing and marketing of wheel speed sensors in India. Specialty Restaurants: The restaurants firm’s board has approved for issue of 60 lakh warrants convertible into equity shares on preferential basis, at a price of Rs 212.05 per warrant. 25% of the warrant issue price will be payable at the time of subscription and the balance 75% at time of coverage on or before April 30, 2023.
: The pharmaceutical firm has signed an agreement with Pune-based Enrich Energy to develop 4.68 MWp DC solar photovoltaic power project at Nanded in Maharashtra. emission.
: The technology based maker signs has signed an agreement with Nettur Technical Training Foundation (NTTF). The MoU with NTTF is to maximize the impact of training and skilling initiative among the youth of the country.
: The pharma company has received approval from Brazil’s National Health Surveillance Agency ANVISA for its injectable formulations manufacturing unit at Amritsar and oncology injectable unit at Himachal Pradesh. The approval allows company to market its products in Brazilian pharmak
D-Link: Ace investor Ashish Kacholia offloaded 2.13 lakh shares or 0.6 per cent stake in networking and connectivity products maker via open market transactions on Wednesday at an average price of Rs 242.56 per share worth Rs 5.16 crore, with per available changes the data . : The drug maker has signed an agreement to acquire animal healthcare business from Agilis Healthcare. In November, it had proposed acquisition of animal healthcare business.
: Ahmedabad-based Torrent Group emerged as the highest bidder for debt-ridden Reliance Capital in the auction conducted as part of its resolution process, which submitted a bid of Rs 8,640 crore for acquiring the NBFC firm set up by the Anil Ambani Group. Group was the second highest bidder. : A subsidiary of port services provider has completed sale of 29.6 per cent stake in its subsidiary India Ports & Logistics, for Rs 16.5 crore. Bollore Logistics India is the buyer for the said stake.
