BAJAJ ELECTRICALS: Gets Rs 332 Cr Worth Order From Power Grid Corp. For Transmission Line Tower Package TWO4
ZYDUS LIFESCIENCES: Co. says USFDA conducted an inspection at the manufacturing facility located at SEZ, Ahmedabad of Zydus Animal Health and Investments Limited (a wholly owned subsidiary of Zydus Lifesciences Limited) from 23rd to 29th Sept, 2022. This is a new dedicated manufacturing facility for the animal health business which will cater to US and other regulated markets. The inspection was a Pre-Approval Inspection (PAI) and ended with two observations. None of these observations were related to data integrity.
TEJAS NETWORK: Co. Says In view to consolidate and merge the operations of Saankhya Labs and its subsidiary, Saankhya Strategic Electronics Private Limited (“Saankhya Strategic”) with the Company, the Board of Directors of Tejas Networks have approved a scheme of amalgamation through a NCLT approved process. Company will issue 3,871,084 equity shares of Tejas Networks to Saankhya Labs shareholders holding 35.60% equity shares, using the swap ratio of 112 shares of Tejas Networks for 100 shares of Saankhya Labs. The proposed amalgamation will expand Tejas’s wireless offerings by adding Saankhya Lab’s 5G Open RAN (ORAN), 5G cellular broadcast and satellite communication products, in addition to enhancing the Company’s expertise in fabless semiconductor chip design.
VODA-IDEA: Co. Gives Clarification On News Article" Clear dues or lose tower access: Indus Towers to Vodafone Idea” . Co. inform that Indus Towers Limited is one of the large vendors who provides passive infrastructure services to the Company. The Company has been in discussion with Indus for softer payment terms, which are continuing, but have not been concluded as yet.
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