Jeena Sikho Lifecare Expands with New Hospital and UAE Subsidiary
Jeena Sikho Lifecare has commenced operations of a new 40-bed, 22-room hospital in Jammu. The company has also formed a wholly owned subsidiary, Jeena Sikho International, in Sharjah, UAE, with a business license to begin operations. Additionally, it has partnered with Salesforce and Quadrafort Tech to drive its digital transformation journey.
Customs Department Inquires Into Som Distilleries Transactions
Som Distilleries has reported that the customs department conducted an inquiry into its import and export transactions at its Bhopal office and factory.
DCX Systems Signs MoU with Tamil Nadu for New Facility
DCX Systems has signed a memorandum of understanding with the Tamil Nadu government to set up a manufacturing facility for its joint venture company at Hosur, strengthening its manufacturing presence.
Seamec Revises ONGC Contract and Enhances Offshore Agreement
Seamec has approved the deployment of vessel MV Goodman from HAL Offshore as a replacement for Spider Deck under an ONGC contract. It has also modified its agreement with HAL Offshore, raising annual monetary capping limits to $50 million.
Vedanta Resolves EPC Disputes at Talwandi Sabo Power Project
Vedanta’s subsidiary Talwandi Sabo Power has signed a settlement agreement with SEPCO Electric Power Construction Corporation, resolving all outstanding disputes over EPC contracts for its 3×660 MW thermal power project.
Engineers India Wins ₹618 Crore Fertiliser Project Order
Engineers India has secured a ₹618 crore order from an Africa-based fertiliser company to provide project management consultancy services, boosting its international order book.
Waaree Energies Incorporates Three New Subsidiaries
Waaree Energies’ subsidiary has set up three wholly owned subsidiaries to support expansion in renewable energy and allied businesses.
Globalbees Ups Stake in Healthyhey Foods to 79.6%
Brainbees Solutions’ subsidiary Globalbees Brands has increased its stake in Healthyhey Foods to 79.6% from 60%, deepening its presence in the health and nutrition segment.
ICICI Bank Gets RBI Nod for Higher Stake in ICICI AMC
ICICI Bank has received approval from the Reserve Bank of India to acquire an additional 2% stake in ICICI Prudential Asset Management Company.
RCF Begins Operations at New Liquid CO₂ Plant
Rashtriya Chemicals & Fertilisers has commenced operations at its Trombay unit’s new liquid carbon dioxide plant, which has a production capacity of 100 metric tonnes per day.
NCLT Approves JK Cement–Toshali Cements Amalgamation
JK Cement has announced that the National Company Law Tribunal (NCLT) has sanctioned the amalgamation of its subsidiary Toshali Cements with the company.
Apollo Hospitals to Acquire IFC Stake and Build Gurugram Oncology Facility
Apollo Hospitals will acquire IFC’s 30.58% stake in Apollo Health for ₹1,254 crore. The company also plans to set up a state-of-the-art oncology facility in Gurugram with an investment of ₹573 crore.
Refex Industries Incorporates Refex Mobility
Refex Industries has received approval from the Ministry of Corporate Affairs to incorporate its new subsidiary, Refex Mobility, marking its foray into mobility solutions.
MAS Financial Boosts Stake in Housing Finance Arm
MAS Financial Services has acquired 3.3 lakh equity shares in its subsidiary MAS Rural Housing and Mortgage Finance by converting preference shares into equity.
Muthoot Microfin to Weigh Fundraising via NCDs
Muthoot Microfin will meet on September 17 to consider raising funds through private placement of Non-Convertible Debentures (NCDs).
MSTC Recommended for National EPR Trading Platform
MSTC has been recommended by the Central Pollution Control Board to develop and operate a National Electronic Trading Platform for Extended Producer Responsibility (EPR) Certificates.
Senores Pharma Completes Havix Group Acquisition
Senores Pharmaceuticals has completed the acquisition of 8,454 equity shares of Havix Group Inc., including the final tranche of 540 shares, through its US subsidiary.
UGRO Capital Plans Fundraising via NCDs
UGRO Capital will meet on September 17 to consider fund-raising through the issue of Non-Convertible Debentures (NCDs) on a private placement basis.
Knowledge Marine to Explore Fundraising Options
Knowledge Marine & Engineering Works is set to consider raising funds through issuance of shares and other routes via private placement.
Ceigall India Wins ₹468 Crore Road Project Bid
Ceigall India has emerged as the lowest bidder for a road construction project worth ₹468 crore, strengthening its order pipeline.
Blue Jet Health Promoter Offloads 6.19% Stake
Blue Jet Health promoter Akshay Arora has sold a 6.19% stake in the company through an offer for sale.
Religare Enterprises Raises ₹1,500 Crore via Warrants
Religare Enterprises has allotted 6.38 crore convertible warrants at ₹235 per share, raising ₹1,500 crore in fresh capital.
Himadri Chemical Invests in Sicona Battery Tech
Himadri Specialty Chemical has invested an additional AUD 15 lakh in Sicona Battery Technologies through compulsorily convertible notes.
Gujarat State Petronet Schedules Shareholders’ Meet on Amalgamation
Gujarat State Petronet has called a shareholders’ meeting on October 17 to consider an amalgamation scheme involving multiple companies, including Gujarat Gas.
Acme Solar Terminates AK Renewable Infra Acquisition
Acme Solar has terminated its share purchase agreement with AK Renewable Infra Co. after both parties mutually agreed not to proceed with the acquisition.
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