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Poonawalla Fincorps board to mull fund raising on 31st Jan25

Mumbai, Jan. 27 -- The company will raise Rs 10,000 crore through non-convertible debt securities on private placement basis during the FY26. Additionally, the board will also consider and approve th... Read More


Greenlam Industries Board to consider proposal for bonus issue

Mumbai, Jan. 27 -- The Board of Greenlam Industries will consider a proposal to issue bonus shares to the equity shareholders of the Company by capitalization of reserves at its meeting scheduled on 3... Read More


Jitendra Virwani appointed as Non-Executive Non-Independent Director

Mumbai, Jan. 27 -- Equinox India Developments announced that the Board of Directors has approved the appointment of Jitendra Mohandas Virwani, Chairperson of Embassy Group & Promoter of the Company, a... Read More


Butterfly Gandhimathi Appliances receives affirmation in credit ratings

Mumbai, Jan. 27 -- Butterfly Gandhimathi Appliances has received reaffirmation in credit ratings at CRISIL AA; Stable / CRISIL A1+ for bank facilities aggregating to Rs 225 crore. Published by HT Dig... Read More


Sadhana Nitro Chem completes acquisition of Calchem Industries (India)

Mumbai, Jan. 27 -- Sadhana Nitro Chem (SNCL) has completed the acquisition of Calchem Industries (India) along with the plant, land and machinery at Roha that is adjacent to SNCL's current factory. P... Read More


Avantel allots 44,390 equity shares under ESOP

Mumbai, Jan. 27 -- Avantel has allotted 44,390 equity shares under ESOP. Consequently, the paid up equity share capital has increased to 24,47,26,240 equity shares of Rs.2/- each aggregating to Rs.48... Read More


Wheels India fixes record date for interim dividend

Mumbai, Jan. 27 -- Wheels India has fixed 03 February 2025 as record date for interim dividend of Rs 4.5 per share for FY 2024-25. The dividend will be paid on or before 25 February 2025. Published b... Read More


RBI announces liquidity injection measures

Mumbai, Jan. 27 -- The Reserve Bank of India (RBI) today announced a series of measures to inject over Rs 1.1 trillion into the banking system. These measures come after a review of current liquidity ... Read More


Hi-Tech Gears announces resignation of director

Mumbai, Jan. 27 -- The Hi-Tech Gears announced that Ramesh Shankarmal Pilani (DIN: 00901506), Non-Executive Independent Director of the Company, has tendered his resignation from the Board of the Com... Read More


Oriental Foundry bags order of Rs 575 cr from Indian Railways

Mumbai, Jan. 27 -- Oriental Foundry, a wholly owned subsidiary ofOriental Rail Infrastructure has secured order worth Rs 575.21 crorefor manufacture and supply of 33 rakes of flat multi purpose wagons... Read More