Tata Motors Reports Decline in JLR Volumes
Tata Motors said Jaguar Land Rover’s Q2 wholesales fell 24.2% and retail sales dropped 17.1% year-on-year, reflecting softer demand and supply constraints in select markets.
Windsor Machines Converts Warrants into Shares
Windsor Machines approved the allotment of 26 lakh equity shares following the conversion of an equal number of warrants at ₹191.85 per share, strengthening its capital structure.
Advait Infratech Bags ₹87 Crore Power Grid Order
Advait Infratech Energy received an order worth ₹87 crore from Power Grid Corporation for supply and installation of power infrastructure solutions.
Mangalore Chemicals Board Approves Merger Plan
Mangalore Chemicals & Fertilizers’ board approved a composite scheme of arrangement with Paradeep Phosphates to streamline operations and achieve synergy benefits.
Aditya Birla Lifestyle Sees Stake Sale by Flipkart
Aditya Birla Lifestyle informed that Flipkart Investments sold a 6% stake in the company via open market transactions on October 6.
Venus Pipes Completes ₹71.4 Crore Equity Infusion
Venus Pipes & Tubes allotted 1.2 lakh equity shares at ₹1,700 per share upon warrant conversion, completing the final tranche of ₹71.4 crore equity infusion.
Bajaj Finserv Rebrands Insurance Subsidiaries
Bajaj Finserv announced renaming of its insurance arms to Bajaj General Insurance (formerly Bajaj Allianz General) and Bajaj Life Insurance (formerly Bajaj Allianz Life).
Container Corp Partners Ultratech for Cement Transport
Container Corporation of India entered an agreement with Ultratech Cement to transport bulk cement through specialised tank containers, enhancing logistics efficiency.
Kothari Industrial Gets BSE Trading Nod
Kothari Industrial Corporation received BSE approval for trading 1.3 crore equity shares issued at a premium of ₹67.60 per share on a preferential basis.
Waaree Energies Acquires 64% Stake in Kotsons
Waaree Energies completed the acquisition of a 64% stake in Kotsons Pvt Ltd for ₹192 crore, expanding its presence in electrical equipment manufacturing.
Dishman Carbogen Signs Pact with Celonic Group
Dishman Carbogen Amcis’ arm entered into an agreement with Celonic Group to develop a fully integrated antibody-drug conjugate (ADC) development platform.
Dish TV Faces Tax Appeal in Bombay HC
Dish TV India said the Aurangabad tax department has filed an appeal before the Bombay High Court against a previous CENVAT credit order passed in its favour.
Saatvik Green Energy Wins ₹707 Crore Solar Orders
Saatvik Green Energy secured orders worth ₹707.62 crore from leading independent power producers for the supply of solar PV modules.
CMS Info Systems Raises Stake in Securens Systems
CMS Info Systems acquired an additional 22.75 lakh equity shares in Securens Systems, increasing its stake to 75.78%.
KPIT Technologies Ups Stake in N-Dream
KPIT Technologies (UK), a subsidiary of KPIT, acquired an additional 62.9% stake in N-Dream for €16.35 million, taking total ownership to 88.9%.
Ola Electric Arm Raises ₹400 Crore via OCRPS
Ola Electric’s subsidiary received approval for allotment of 40 crore optionally convertible redeemable preference shares (OCRPS) aggregating to ₹400 crore.
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