The company seeks partners to bid for sixty-four oil, gasoline producing fields.
JSW Steel: Lenders approve corporation’s bid for Asian Colour Coated Ispat, agency probable to have supplied Rs 1,525 crore upfront to economic lenders – CNBC-TV18 resources.
Eveready Industries: Price Waterhouse & Co Chartered Accountants LLP (PWC) expressed its lack of ability to retain as the auditors of the agency. The company appointed Singhi & Co., Chartered Accountants as auditors.
Eveready Industries: Company proposed to enter into a transfer/assignment /license agreement with Madhu Jayanti International Private (MJlPL) for transfer and/or license of the applicable and different trademarks (worth Rs 6 crore) recognized assets, if any, referring to the packet tea merchandise of MJlPL.
Syndicate Bank: Board authorized to raise capital up to Rs 500 crore at some point of FY 2019—20 by using the manner of certified institutional placement (DIP) / Follow on public issue preferential allotment or any other mode.
NMDC: Company fixed prices of lump ore (sixty-five .Fifty three, 6-40mm) at Rs three, a hundred according to a tonne and fines (643, – 1 Omm) at Rs 2,860 in line with tonne.
Deepak Nitrite: Company via its fully owned subsidiary Deepak Phenolics (DPL) achieves a predominant milestone in the direction of manufacture of phenol and acetone with average potential utilization of around eighty percent and having executed peak capability usage of 100 percent in Q4FY19 contributes Rs 927 crore to the consolidated turnover of Rs 2,715 crore.
NMDC: Company terminates agreement with BHEL for postponing in Rs 1,395 crore mission.
United Van Der Horst: Company accredited raising of a budget by way of manner of making, providing, issuing and meting out 3, eighty,000 equity shares of face fee of Rs 10 each on the preferential foundation.
Emco: Archana Capoor resigned from the position of the Independent Director of the organization.
Reliance Home Finance: Maturity of certain NCDs of Rs four hundred crores has been extended until October 31, 2019, with the formal written consent of the concerned Debenture Trustees and NCD holders.
ABB India: National Company Law Tribunal accepted the proposed Scheme of Arrangement between the organization and ABB Power Products and Systems India Limited, (an entirely owned subsidiary).
Godrej Properties: QIP committee accepted the difficulty and allotment of two,26,29,310 fairness shares to eligible QIB at the issue fee of Rs 928, aggregating to Rs 2, a hundred crore, pursuant to the problem.
Inox Leisure: Company introduced commencement Of commercial operations of multiplex cinema theatre taken on rent basis in Hyderabad.
Shriram Transport Finance Company: CARE assigned AA+ score with a solid outlook for the company’s proposed non-convertible debentures of Rs 10,000 crore.
Ugro Capital: National Company Law Tribunal authorized scheme of arrangement among Asia Pragati Capfin Private Limited and Ugro Capital Limited (formerly referred to as Chokhani Securities Limited).
SJVN: Company signed a Memorandum of Understanding (MoU) with NEEPCO (North Eastern Electric Power Corporation Limited) for joint improvement of electricity projects in India and abroad with a direct focus on north-east and the Japanese place of the country.
IFCI: ICRA downgraded rating from BBB+ with a terrible outlook to BBB for corporation’s fund-based financial institution limits, long term bonds, and NCDs.
Linde India: Company appointed Robert John Hughes as an Additional Director (Non-Executive).
NRB Industrial Bearings: Company accredited the allotment of 25 lakh cumulative, redeemable, non-convertible desire stocks, aggregating to Rs 2.5 crore on personal placement basis to Devesh Singh Sahney, Chairman, Managing Director and promoter of the corporation.
DCM Shriram: ICRA reaffirmed score on time period loans at AA however revised outlook to superb from solid.
Amber Enterprises: Company extended the timeline to complete the purchase of a stability stake of 51 percent in Ever Electronics Private Limited by way of August 31, 2019, in one or greater tranches.
PNC Infratech: CARE revised credit rating at the bank facilities of the organization’s subsidiary, PNC Delhi Industrialinfra Private Limited to BBB+ with a high-quality outlook, from BBB with a solid outlook.
ABC India: Company acquired an order of Rs 137.70 crore from BHEL for multimodal transportation of export task shipment from India to the MSTPP Rampal Project in Bangladesh.
JK Paper: CRISIL revised its outlook from ‘solid’ to ‘superb’ and upgraded its rating of the organization.
Dataware Maritime Infra: Company started the work order acquired for fabrication and meeting of floating gates of drydocks for the end customer Indian Navy.
UPL: Company finished the acquisition of Industrias Bioquim Centroamericana, Sociedad Anónima, an employer-based out of Costa Rica.
Kalpataru Power Transmission: Company received new orders of Rs 975 crore.
Sadbhav Infrastructure Project: Subsidiary Rohtak-Hissar Tollway Private Limited made the exceptional debt servicing bills to its lenders and cleared its pending dues.