SIS Limited, a leading player in India’s security, facility management, and cash logistics industry, has announced a significant expansion move with the acquisition of A P Securitas Private Limited and its subsidiaries. This deal, structured in two tranches and expected to be fully completed by 2029, is positioned…
Buys remaining 40% stake in Ratnamani Trade EU AG for EUR 400,000 Ratnamani Metals & Tubes Limited (RMTL), one of India’s leading manufacturers of stainless steel and carbon steel pipes and tubes, has announced the acquisition of the remaining 40% stake in its Swiss subsidiary, Ratnamani Trade EU…
Expands presence in Gurugram with premium housing development in Sector 59 Max Estates, the real estate arm of the Max Group, has announced the acquisition of development rights for a 7.25-acre land parcel in Sector 59, Gurugram, along the Golf Course Extension Road—one of the city’s most premium…
Adds 61,000 KL capacity at Pirpau facility to strengthen terminaling operations Aegis Logistics Ltd., a leading player in India’s energy and chemical logistics sector, has announced the successful commissioning of 61,000 kilolitres (KL) of additional storage capacity at its Pirpau facility in Mumbai Port. The expansion, which became…
Company assures corrective action within stipulated timelines; regulatory outcome under watch Pharmaceutical major Dr. Reddy’s Laboratories has disclosed that its Active Pharmaceutical Ingredient (API) Mirfield facility in West Yorkshire, UK, has received a Form 483 with seven observations from the U.S. Food and Drug Administration (US FDA). The…
Deal to Add 300 MW Solar Capacity in Rajasthan, Strengthening Renewable Energy Portfolio ACME Solar Holdings Ltd., one of India’s leading renewable energy companies, has approved the acquisition of 100% equity in AK Renewable Infra Pvt. Ltd. for an enterprise value of ₹79.25 crore. The acquisition was cleared…
570 MW Wangchhu project to meet Bhutan’s winter demand and boost power exports to India Adani Power Ltd, India’s largest private sector thermal power producer, has entered into a strategic pact with Bhutan’s state-owned Druk Green Power Corporation (DGPC) to jointly develop the 570 MW Wangchhu hydroelectric project…
Company to respond within stipulated timeframe; reiterates commitment to quality compliance Pharmaceutical major Lupin Ltd announced that the U.S. Food and Drug Administration (US FDA) recently completed a product-specific Pre-Approval Inspection (PAI) at its Chhatrapati Sambhajinagar (Aurangabad) manufacturing facility. The inspection, which took place between September 1 and…
Markets are buzzing with multiple corporate actions, acquisitions, regulatory updates, and partnerships. Here’s a quick roundup of the most important developments that could influence stock movements today. 🔐 SIS Acquires Stake in A P Securitas SIS Ltd. will acquire a 51% stake in A P Securitas for ₹73.40…
Summary: Reliance Power Ltd (NSE: RPOWER) has issued a clarification after Bank of Baroda classified the loan account of Reliance Communications Ltd (RCom) and Mr. Anil D. Ambani as fraud. The company stressed that this action has no impact on its operations, financials, or stakeholders. Matters Relating to…