Stocks in News
Varun Beverages: The company has incorporated a new entity 'Varun Beverages RDC SAS' in the Democratic Republic of Congo to carry on the business of manufacturing, selling, trading and distribution of carbonated and non-carbonated beverages.
Bharat Petroleum Corporation: Life Insurance Corporation of India acquired a 2.019 percent stake in the company via open market transactions, increasing shareholding to 7.03 percent from 5.01 percent earlier.
Kimia Biosciences: The company has been validated for the supply of pharmaceutical raw material (Bilastine) to Bangladesh by the Government of Bangladesh. This certificate of source validation is valid for 3 years from the date of issue.
Deep Industries: The company has received a letter of award from GSPC LNG (GLL) for the hiring of gas compression services at GSPC LNG Terminal, Mundra, Gujarat, for a period of 5 years. The total estimated value of the contract is approximate Rs 44.40 crore.
KPI Global Infrastructure: The company has received confirmation of the order for executing a solar power project of 10 MWDC capacity from Colourtex Industries, Surat under the 'captive power producer (CPP)' segment.
IRB Infrastructure Developers: The company has raised Rs 5,346.6 crore as it has approved allotment of 25,24,50,000 equity shares at a price of Rs 211.79 per share to Cintra INR Investments BV and Bricklayers Investment Pte Ltd.
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