Manali Petrochemicals:
Subsidiary AMCHEM signs a share purchase agreement with Coim S.p.A. to sell its entire stake in Notedome Ltd, UK, as part of its global portfolio rebalancing.
Ola Electric Mobility:
Clarifies that no chargesheet has been filed in the ongoing investigation and reiterates full cooperation with authorities.
Dr Reddy’s Laboratories:
Receives Establishment Inspection Report (EIR) from the US FDA with a “Voluntary Action Indicated” (VAI) classification for its Andhra Pradesh facility, marking a satisfactory inspection closure.
Federal Bank:
Denies reports of a board decision on a preferential issue for a 9.99% stake, stating no such proposal has been finalised.
Expleo Solutions:
Approves the closure of its Competence Centre in Coimbatore to optimise operational efficiency; closure date to be announced later.
Gulshan Polyols:
Secures a ₹1,185 crore order to supply ethanol to Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol Programme, reinforcing its leadership in green fuels.
Lloyds Metals & Energy:
Approves the allotment of 19.6 lakh shares at ₹1,460.5 per share, raising ₹286 crore from Adler Industrial Services to support expansion initiatives.
Filatex India:
Partners with Revti Business and Wastewear through an MoU to collaborate on textile recycling, innovation, and sustainable manufacturing.
Rubicon Research:
Wholly owned subsidiary Advagen Holdings enters an agreement with GEn1E Lifesciences Inc. to acquire Series Prime Preferred Stock for up to $3 million, expanding its U.S. biotech investments.
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