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Friday 25 March 2022

In News

In News


Kalpataru Power Transmission: SBI Funds Management acquired 14.5 lakh equity shares in the EPC company via open market transactions on March 23. With this, its shareholding in the company stands at 7.25 percent, up from 6.27 percent earlier. 

Shaily Engineering Plastics: Lighthouse India III Equity Investors Ltd & PACs bought 2.48 percent in the company via open market transactions on March 24. With this, their shareholding in the company stands at 9.1 percent, up from 6.62 percent earlier. 

Kohinoor Foods: The board has approved the sale of factory unit of company at Sonepath (Haryana), by way of slump sale, and appointment of Chashu Arora, Chartered Accountant, as CFO of the company. 

Exide Industries: Subsidiary Chloride Metals has started commercial production at its newly set-up green field manufacturing facility of battery recycling at Haldia, West Bengal. The said recycling plant is equipped with modern state-of-the-art technology with the help of global engineering firm, Engitec Technologies S.P.A. Italy. The total installed capacity of the plant is 108,000 MT per annum. 

Zen Technologies: The company has received a project sanction order (PSO) from Indian Army, for design and development of prototype of Integrated Air Defence Combat Simulator (IADCS). The prototype is to be made ready for User Trial Readiness Review (UTRR) within a period of 30 weeks. 

Anjani Foods: The company has executed a joint venture agreement with joint venture company Senta Foodwork wherein Anjani Foods holds 51 percent stake and the rest of shareholding is held by Quennelle 36 Foodworks. They formed joint venture to engage in the business of bakery products

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