Royal Orchid Hotels, Emerald Finance and Race Eco Chain to see some action today

04 Feb 2025 Evaluate

Royal Orchid Hotels (ROHL) has launched Regenta Resort, a five-star luxury retreat near the famed ‘Statue of Unity’ in Kevadia, Gujarat. As the 15th ROHL-branded hotel in Gujarat, this new, fully-managed luxury property is well-positioned to become an iconic asset in the state's burgeoning tourism industry. With 49 rooms ranging from spacious suites with private balconies overlooking tranquil mountains to Presidential Villas with private pools and gardens, the company caters to a wide range of travelers' needs amidst verdant landscapes and picturesque scenery.

Emerald Finance has reached a significant milestone by disbursing Rs 2 crore in EWA loans and surpassing 10,000 shareholders. This achievement highlights the company’s steady growth and expanding reach in the financial sector. Emerald Finance continues to enhance financial accessibility with its flagship EWA product, designed to provide salaried professionals with timely access to funds. The company’s progress underscores its focus on innovation and commitment to financial inclusion.

Race Eco Chain and Ganesha Ecosphere have signed a Joint Venture (JV) agreement on January 31, 2025 to form Ganesha Recycling Chain, which aims fill the raising demand for rPET Flakes by setting up several washing lines across India to produce Quality PET flakes. Under the agreement, the company will hold up to 51% equity stake in the joint venture, while Ganesha Ecosphere will hold up to 49%.

Cipla is all set to invest around ZAR 900 million in equity share capital of Cipla Medpro South Africa Proprietary (CMSA), a wholly-owned subsidiary of the Company in South Africa. The investment will be utilised to reduce inter-group debt and improve the capital structure of CMSA and its subsidiaries. The investment is expected to be completed on or before February 28, 2025 or such other date mutually agreed between the parties.

Swan Energy’s subsidiary -- Agneyastra Innovations has received a Purchase Order / Letter of Acceptance from Agneyastra Technion amounting to around Rs 111 crore for Supply Installation and Commissioning of AI based Comprehensive Infra-secure items. The contract is expected to be executed by October 10, 2025.

Wardwizard Innovations & Mobility has announced its entry into fleet operations and last-mile delivery mobility under its flagship brand, Joy e-bike. In collaboration with SpeedforcEV under the banner of Optimotion, the company deployed its first batch of 100 electric two-wheelers in Hyderabad. This strategic move marks a significant step toward providing sustainable, technology-driven solutions for delivery partners and fleet operators.

Mahanagar Gas has completed investment in 43,71,065 no. of equity shares of International Battery Company India (IBC India on February 03, 2025 and consequently, the Company holds 44% of the paid-up equity share capital along with voting rights of IBC India.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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