In News

In News

Delta Corp: HDFC Mutual Fund acquired an additional 2.15 percent equity stake in the company via open market transactions on June 10. With this, its shareholding in the company stands increased to 9.21 percent, up from 7.06 percent earlier. 

Torrent Power: The company has completed the acquisition of a 50 MW solar power plant from SkyPower Group in Telangana. The enterprise value for this acquisition is Rs 416 crore. The long-term power purchase agreement (PPA) for the project is with Northern Power Distribution Company of Telangana (NPDCTL) for a period of 25 years at a fixed tariff of approximately Rs 5.35 per kWh, with remaining useful life of approximately 20 years. 

Capri Global Capital: Life Insurance Corporation of India bought additional 35.41 lakh equity shares in the company via open market transactions. With this, LIC's shareholding in the company stands increased to 7.059 percent, up from 5.043 percent earlier. 

Dynamatic Technologies: The company has won the contract to manufacture the escape hatch door for Airbus A220 aircraft. The contract was placed by Stelia Aeronautique Canada Inc., a subsidiary of Airbus Atlantic SAS. 

WPIL: The company has received an order from the Government of West Bengal for the execution of a turnkey project comprising commissioning of a clear water reservoir and a ground-level reservoir. The contract is valued at Rs 430.87 crore and the same will be completed over a period of 24 months. 

Aether Industries: SBI Mutual Fund acquired additional 3.23 lakh equity shares in the company via open market transactions. With this, its shareholding in the company stands increased to 5.1775 percent, up from 4.9180 percent earlier.