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Kalpataru Power Transmission, JMC Projects and Sonata Software to see some action today

12 May 2022 Evaluate

Kalpataru Power Transmission (KPTL) & its international subsidiaries has secured new orders / notification of awards of Rs 2,126 crore (Including orders of Rs 500 crore received in the month of March 2022). Of the total, the company has received orders from India and Africa in the T&D business of Rs 1,569 crore, its international subsidiary has secured new T&D projects in Europe & Brazil of Rs 388 crore and its Oil & Gas pipeline projects in India & Middle East received orders of Rs 169 crore.

JMC Projects (India) (JMC) has secured new orders of Rs 2,348 crore (Including orders of Rs 155 crore received in the month of March 2022). Of the total, the company has bagged orders for Water Supply Projects in India worth Rs 2,193 crore and B&F Projects in India of Rs 155 crore.

Sonata Software’s subsidiary company -- Sonata Software North America has incorporated subsidiary company namely ‘Sonata Latin America S. DE R.L. DE C.V.’ (SLA) in Mexico. With this SLA has become step-down subsidiary of Sonata Software. The subscribed share capital of SLA is 2,000 Mexican Pesos for which no government/ regulatory approval is required.

Macrotech Developers (Lodha) has entered into a partnership with Bain Capital and Ivanhoe Cambridge to develop a next-generation green digital infrastructure platform. The platform will establish a pan-India presence in the digital infrastructure space that includes logistics and light industrial parks as well as in-city fulfillment centers.

HG Infra Engineering’s wholly owned subsidiary -- HG Raipur Visakhapatnam OD-6 has achieved Financial Closure from National Highways Authority of India (NHAI) for the project of Development of Six Lane Baunsaguar- Baraja Section of NH- 130-CD Road from km 293+000 to kin 338+500 under Raipur Visakhapatnam Economics Corridor in the state of Odisha on Hybrid Amuity Mode (Package - OD-6). The date of financial closure is May 6, 2022. The NHAI bid project cost is Rs 958.98 crore and completion period is 730 days for this project.

Kanpur Plastipack has incorporated wholly owned subsidiary in Brazil in the name of ‘Kanplas Do Brasil’. The company wants to expand its business activities, in this regard the company has incorporated the wholly owned subsidiary in Brazil. The new company will do trading and marketing of the products of the company in Brazil. The company has subscribed to entire capital of the new company at par amounting to 6,40,680 Brazilian real.

Shree Renuka Sugars (SRSL) has obtained a five-year Rs 175 crore (SGD 31 million) transition finance facility from DBS Bank, in order to support India's push to double the country's ethanol distillation capacity and blend 20% of ethanol in petrol by 2025. The proceeds will be used to finance the expansion of SRSL's sustainable bioethanol business in India.

Kanpur Plastipack Share Price

218.25 -0.40 (-0.18%)
11-May-2026 16:59 View Price Chart
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