Optiemus Infracom, Eicher Motors and Divi's Laboratories to see some action today

Optiemus Infracom’s wholly owned subsidiary -- Optiemus Unmanned Systems (OUS), has entered into partnership with LS Spectrum Solutions, a leading provider of advanced drone-based spectrum analyzers and a subsidiary of Germany-based LS Telecom AG for the marketing, assembly, and distribution of LS Spectrum’s cutting-edge drone-based spectrum analysis solutions within the Indian market. 

Eicher Motors’ motorcycle division has reported 25.37% rise in sales at 79,466 units in December 2024 as compared to 63,387 motorcycles sold in December 2023. The company’s sales of models with engine capacity up to 350 cc increased by 25.41% at 69,476 units in December 2024 against 55,401 units in the same period year ago. The sales of its Models with engine capacity exceeding 350 cc increased by 25.09% at 9,990 units in December 2024 as against 7,986 units in December last year. The company’s sales from International Business increased by 90% at 11,575 units in December 2024 against 6,096 units in the same period year ago. 

Divi's Laboratories has commenced commercial operations from a part of the Phase I of Unit III greenfield project at Kakinada, Andhra Pradesh from January 01, 2025. It may be recalled that the phase I of the Unit III greenfield project of the Company at Kakinada, Andhra Pradesh is being implemented on 200 acres of 500 acres Unit III site, with an estimated investment between Rs 1,200 crore to Rs 1,500 crore. 

Bharti Airtel has entered into an agreement for acquisition of 3,78,90,005 (26 per cent) equity shares in AMP Energy Green Three Private.

InterGlobe Aviation (IndiGo) has introduced Bikaner as its 90th domestic and 127th overall destination within the 6E network. Starting February 07, 2025, IndiGo will enhance regional connectivity with new daily direct flights between Bikaner and Delhi, marking the airline's fifth destination in Rajasthan. With over 250 daily departures, the airline connects to 88 destinations from Delhi, linking to 69 domestic and 19 international destinations.

TIL has received approval for raising of funds upto a limit of Rs 150 crore by way of issuance of equity shares of the Company (Equity Shares) through Private placement vide any suitable mode like Qualified Institutions Placement and/or Preferential Issue etc., subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company. The Board of Directors of the Company at their meeting held on January 2, 2025, considered and approved the same. 

UGRO Capital has received approval for the issuance of upto 1,00,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees each having face value of Rs 10,000 aggregating upto Rs 100 crore (Overall Issue Size) with an option to retain oversubscription upto Rs 50 crore (Green Shoe Option), in dematerialised form, on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on January 2, 2025 has, inter alia, approved the same.