Adani Ports and Special Economic Zone's (APSEZ) wholly owned subsidiary -- Adani Harbour Services (AHSL) has incorporated a Joint Venture Company with Sea Horizon Offshore Marine Services and Mr. Jamal A. Rab A M Al Yafei in Qatar namely ‘Al Annabi Marine Services’ on February 12, 2025. Al Annabi shall carry out ships’ operations and management business.
RailTel Corporation of India has received the work order from State Project Director (Spd) Bihar Education Project Council (Bepc) for Supply amounting to Rs 16,97,44,575 (Including Tax).
Jupiter Wagons (JWL) has received order from Ambuja Cements and ACC– group companies of Adani Cement. The Order, valued at approximately Rs 600 crore, entrusts Jupiter Wagons with the manufacture and supply of BCFCM RAKES Wagon and stands as a testament to the confidence the industry has in the company’s capabilities.
Magellanic Cloud’s group company -- Motivity Labs Inc. has secured a purchase order (PO) from a major client, amounting to approximately Rs 52.97 crore ($6.1 million) for the calendar year 2025. This PO is expected to further drive the growth of Motivity Labs Inc. and significantly contribute to the increase in revenue for the company during the upcoming year.
Time Technoplast has secured order from a Government of Gujarat Undertaking, and a leading name in the Chlor Alkali industry, for supply of Industrial Packaging Products. The order is valued at approximately Rs 65.85 crore (inclusive of GST) and to be executed within two years.
Apollo Pipes has further acquired 0.50% additional stake in Kisan Mouldings (KML) subsidiary of the Company from secondary purchase on February 12, 2025. The cost of acquisition is approximately Rs 2.63 crore.
Reliance industries has incorporated a wholly owned subsidiary, named REC Sustainable Energy Solutions (REC SES) on February 12, 2025 in Singapore, to set up a global capability centre for consolidating research and development (R&D) activities, facilitating the recruitment of global talent, and providing technical and procurement services to support the Company’s new energy initiatives. The Company will invest an amount of $100,000 towards initial subscription of 100,000 shares of $1 each.
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