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Vedanta, Wipro and Shree Cement to see some action today

21 Dec 2021 Evaluate

Vedanta has acquired Nicomet, a leading nickel and cobalt producer which is based in Goa. The acquisition is in line with Vedanta's ESG mission and is a big step towards supporting India's carbon neutrality goals. With this acquisition, Vedanta has become the country's sole producer of nickel.

Wipro has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity.

Shree Cement is planning to set up Rs 1500 crore a Greenfield Cement plant at Guntur district in Andhra Pradesh (AP).  The company has cement manufacturing and allied sectors plants in nine states and it will be setting up its first plant in Andhra Pradesh and the plan is prepared to complete the project in 24 months.

KPI Global Infrastructure has received order for executing solar power project of 2.50 MW dc capacity from Vineet Polyfab, Surat under 'Captive Power Producer (CPP)' segment of the Company. Earlier, the company has received orders for executing solar power project of 2.78 MWdc capacity from Parag Syntex and Shivram Dyeing & Printing Mill under CPP Segment of the company.

Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company (TEECL), a joint venture partner in KMTL, have successfully completed transfer of 49% stake (23% by KPTL and 26% by TEECL) in Kohima?Mariani Transmission (KMTL) to Apraava Energy (formerly known as CLP India). The remaining stake in KMTL will be transferred by KPTL in accordance with the terms of the Transmission Service Agreement (TSA). 

Strides Pharma Science’s biotech division -- Stelis Biopharma (Stelis) has commissioned its large-scale fully integrated vaccine manufacturing facility at Bengaluru, India. The facility was successfully inspected by the Central Drugs Standard Control Organization (CDSCO). Stelis has also received an initial Export No Objection Certificate (NOC) from CDSCO to export up to 50 million doses of the Sputnik Light vaccine.

Jubilant Ingrevia has raised Rs 100 crore through Commercial Papers (‘CPs’) on December 17, 2021. Date of maturity of said Commercial Papers will be February 1, 2022. Tenure of the instrument is for 46 days. The company has issued Commercial Papers at 3.85% per annum. The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs 150 crore.


Vedanta Share Price

309.50 4.45 (1.46%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1021.40
Vedanta 309.50
Hindustan Zinc 559.85
Jain Resource Recycl 326.40
CMR Green Tech 252.00
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