Manorama Industries: The board has approved a proposal to raise up to ₹500 crore through equity and/or debt instruments.
Sigma Advanced: The company has completed the sale of its stake in Extrovis AG for ₹138 crore.
DCM Shriram: The company plans to incur capex of up to ₹130 crore for renewable energy infrastructure and invest ₹87 crore in an SPV for a renewable energy project.
Balaji Amines: The company reported severe logistical disruptions due to the Middle East conflict, impacting ammonia procurement. Some plants are currently non-operational due to ammonia shortages.
Max Financial Services: The board has approved raising ₹2,000 crore via QIP or other instruments to meet the funding requirements of Axis Max Life.
Gandhar Oil Refinery India: Base oil prices have surged 20% over the last 15 days. The company maintains optimal inventory at its UAE plant but noted that continued conflict could impact raw material supplies.
Associated Alcohols & Breweries: The company approved the allotment of 11 lakh shares at a premium of ₹669 per share to a promoter group warrant holder.
AGI Infra: The company invested ₹12 crore as the first tranche of its planned ₹30 crore investment in Worldnext Realty LLP.
Power Grid Corporation of India: The company acquired NES Pune East New Transmission for ₹8 crore.
Lloyds Engineering Works: The company approved a corporate guarantee of ₹109 crore in favour of HDFC Bank for credit facilities availed by its subsidiary.
Shriram Finance: Its subsidiary Shriram Overseas Investments has applied to the Reserve Bank of India for a Primary Dealer (PD) licence.
Deep Industries: The board approved the sale of 15 lakh optionally convertible redeemable preference shares of Raas Equipment.
Adani Energy Solutions: Its arm Adani Transmission Step One executed a note purchase agreement to issue USD 500 million senior secured notes due 2041, replacing notes maturing in July 2026.
Tata Steel: The company has filed an appeal against a ₹1,132 crore GST order issued by Jharkhand GST authorities, which includes ₹493 crore tax and ₹639 crore penalty.
Arvind Limited: Shareholders approved the sale and lease of 20% of assets of its subsidiary Arvind Advanced Materials.
JK Lakshmi Cement: The company will acquire a 77.96% stake in NECEM Cements for ₹19 crore.
Sanghi Industries: The merger scheme between the company and Ambuja Cements has become effective, with the appointed date April 1, 2024.
Kalpataru Projects International: The company signed a redevelopment project in Andheri West, Mumbai, with a gross development value of ₹1,400 crore across a 3-acre land parcel.
ACME Solar Holdings: The company commissioned the second phase of 33.335 MW from its 300 MW Battery Energy Storage System (BESS) project.
Biocon: Its subsidiary Biocon Pharma received US FDA approval for liraglutide injection used in treating Type 2 Diabetes.
Indian Renewable Energy Development Agency (IREDA): The board will meet on March 19 to consider enhancing the FY26 borrowing plan and raising additional resources.
Action Construction Equipment: The company executed a joint venture agreement with Kato Works.
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