Power Grid Corporation, pursuant to its selection as the successful bidder under tariff based competitive bidding, has acquired Bikaner-II Bhiwadi Transco (BBTL) which would implement a power transmission project. The entity was acquired for aggregate value of about Rs 20.50 crore including 10,000 equity shares at par at Rs 10 each along with assets and liabilities of the company.
Gayatri Highways has successfully completed the acquisition of 12.71% of equity share capital of the HKR Roadways effective March 24, 2021. As Gayatri Highways is engaged in infrastructure industry, the investment in HKR Roadways would be very beneficial for the future growth prospects.
Godrej industries has completed the acquisition of shares in Pyxis Holdings on March 25, 2021. Consequent to the said acquisition, Pyxis Holdings has become the subsidiary of the Company with effect from March 25, 2021.
Adani Enterprises has incorporated a wholly-owned subsidiary namely, 'Kutch Copper' on March 24, 2021. Kutch Copper is incorporated with the object to undertaking Copper business related activities such as manufacture of copper cathodes and copper rods etc.
Mahindra Lifespace Developers has acquired 10.3 acre land in Mumbai Metropolitan Region (MMR). The company will develop a new residential project in Kalyan. This new project will offer about 7 lakh sq ft of carpet area and is expected to be launched in FY 2022. This is Mahindra Lifespaces' second residential development in Kalyan.
Star Cement has acquired balance 83,94,000 equity shares of Rs 10 each of Meghalaya Power which entailed the Company to increase its stake to 1,71,30,620 Equity Shares of Rs 10 each (i.e., 100%) and the said Meghalaya Power became a Wholly Owned Subsidiary of the Company.
Bank of Maharashtra (BoM) has opened six new branches, expanding its network to 1,949 branches. Out of these six branches, which are in Kolkata Zone, one branch is in Port Blair and other five are in West Bengal. It will enhance customer experience with the bank's innovative digital banking solution.
| Company Name | CMP |
|---|---|
| BASF India | 3687.85 |
| Tata Chemicals | 707.95 |
| SRF | 2478.00 |
| Pidilite Inds. | 1389.00 |
| Deepak Nitrite | 1517.85 |
| View more.. | |
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