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Minda Industries, Waaree Renewable Technologies and Sheetal Cool Products to see some action today

Ashok Leyland Ltd. | Automobiles-Trucks/Lcv | Automobiles | BSE: 500477 | NSE: ASHOKLEY

08 Feb 2022 Evaluate

Minda Industries is increasing its stake in the subsidiary company Minda Kosei Aluminum Wheels (MKA) to 77.35 per cent from 70 per cent, with an investment of Rs 61.2 crore in the venture.

Waaree Renewable Technologies has received a letter of award (LoA) from India-focused renewable energy group for Engineering, Procurement, and Construction (EPC) turnkey works contract for setting up 180 MW DC Solar Power Plant in the state of Tamilnadu. The works shall be executed subject to receipt of regulatory and other statutory approvals, as may be applicable. The Parties shall in due course negotiate and execute definitive contract.

Sheetal Cool Products has successfully completed its first export order to USA market via it's registered merchant exporter, by supplying Sheetal Ice Cream & Frozen foods, which shall be available in California, USA under the brand 'Sheetal'. The Company is registered with US FDA and it is accredited by British Retail Consortium Global Standards (BRCGS) for FSMA for seven food product categories including ice cream. The Company had earlier exported to, inter alia, Australia, Singapore and Africa.

Ujjivan Small Finance Bank has received approval to raise Rs 600 crore including premium through Qualified Institutional Placement (QIP), face value of Rs 10 each. The board of directors of the bank, in its meeting held on February 05, 2022 has considered and approved the same.

Jindal Stainless has received approval to raise funds, along with any other co-issuer, by way of issue of debt securities including secured or unsecured non-convertible redeemable debentures or bonds or commercial paper or notes (listed/unlisted) or any combination thereof, through private placement basis or otherwise, in one or more tranches or any other method in the domestic / international market as may be permitted under the applicable law(s) up to an aggregate principal amount of Rs 3,500 crore or its equivalent in any freely convertible foreign currency.

Ashok Leyland is planning to raise upto Rs 250 crore through the issuance of secured, rated, listed, redeemable Non-Convertible Debentures on a private placement basis, in one or more tranches/series.

Biocon Pharma, a subsidiary of Biocon, received approval of its ANDA for Posaconazole Delayed-Release tablets from the US FDA. This product is indicated for use in the prevention of certain fungal infections in patients with severely weakened immune systems and is available in 100mg strength. This approval further adds to Biocon's portfolio of vertically integrated complex drug products.

Ashok Leyland Share Price

174.75 -1.90 (-1.08%)

17-Apr-2026 16:59 View Price Chart

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Company Name	CMP
Ashok Leyland	174.75
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Minda Industries, Waaree Renewable Technologies and Sheetal Cool Products to see some action today

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