Tag Archives: gujarat

Reliance Industries’ (RIL) wholly-owned subsidiary — Reliance Industrial Investments and Holdings (RIIHL) has entered into a binding agreement with Kanoda Energy Systems (KESL) for acquisition of equity shares for a cash consideration not exceeding Rs 75 crore. The said investment upon completion will translate into 88% equity stake in KESL ... Read More »

Alembic Pharmaceuticals is planning to raise funds on Private Placement Basis through issuance of Non-Convertible Debentures (NCDs). The Board of Directors of the Company at its meeting to be held on December 06, 2018 to consider the same. Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been ... Read More »

Shree Rama Multi-Tech has decided to sell/ dispose of Assets of Ambaliyara Plant situated at Village Ambaliyara District Mehsana, Gujarat to any person(s)/ body corporate(s) subject to necessary approval[s) of lenders, members and other statutory authorities, if any and to delegate powers in connection therewith. The Board of Directors of ... Read More »

Adani Gas has bagged authorization from the Petroleum and Natural Gas Regulatory Board, Government of India to expand its city gas footprint in 13 new Geographical Areas (GAs) in the recently concluded 9th round of CGD bidding. In addition, the company has also won 9 GAs in its joint venture ... Read More »

Everest Kanto Cylinder has received an approval to initiate new business operation(s) of High Pressure Water Mist System in Next Gen Cylinder, Subsidiary of the company, subject to necessary regulatory approvals. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same. The ... Read More »

Kabra Extrusiontechnik and Battenfeld Cincinnati, Germany; world’s leading extrusion machinery manufacturer have extended their cooperation beyond 2026. The two companies have seen in partnership since 1983 and the existing technology agreement, valid until the year 2026 has been extended further by enlarging the scope and making it more comprehensive and ... Read More »

Gujarat Fluorochemicals has received an approval from its board to demerge the Chemical Business of the company pursuant to a Scheme of Arrangement between Gujarat Fluorochemicals and New Company (to be incorporated) and their respective shareholders. The Resulting Company is also proposed to be incorporated with the objects of carrying ... Read More »

Ratnamani Metals & Tubes has received new domestic orders aggregating to around Rs 77.00 crore for supply of CS Pipes for Oil & Gas Sector to be executed between January, 2019 and May, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in ... Read More »

Ayushman Bharat / Gujarat/ Nadiad  Read More »

INOX Leisure has received an approval for raising funds through the issuance of maximum of 64,00,000 equity shares of face value Rs 10 each to its promoter, Gujarat Fluorochemicals (Proposed Allottee) on a preferential issue basis at a price not less than the floor price i.e. Rs 241.71 determined in ... Read More »

Gujarat Fluorochemicals has approved making of an investment by way of subscription up to 64,00,000 Equity Shares of INOX Leisure, a subsidiary company of the company, at a price determined in accordance with requirements of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any amendments thereto. Gujarat Fluorochemicals ... Read More »

The 182 metre statue of Sardar Vallabhbhai Patel, will be dedicated to the nation on his birth anniversary, at Kevadiya in Narmada District of Gujarat. At the launch ceremony, the Prime Minister and other dignitaries will pour soil and Narmada water into a Kalash to mark the dedication of the ... Read More »

Sadbhav Infrastructure Project’s wholly owned subsidiary — Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to Financial Close within the timelines stipulated in accordance with the Concession Agreement dated May 23, 2018. The company has submitted the same for ... Read More »

Alembic Pharmaceuticals and Orbicular Pharmaceutical Technologies’ Joint Venture (JV) Company — Aleor Dermaceuticals has successfully cleared its first United States Food and Drugs Administration (USFDA) inspection of its new formulation manufacturing facility located at Karakhadi in the state of Gujarat; without any observations. The scheduled inspection was carried out between ... Read More »

US Food and Drug Administration (USFDA) has issued four minor observations to JB Chemicals & Pharmaceuticals’ solid oral manufacturing facility at Panoli, Gujarat. The company proposes to address these observations within next 15 days. These observations will not have any impact on the current business and will facilitate ANDA of ... Read More »

Garware Technical Fibres has opened new outlet Vanita Fish Net at Veraval in the state of Gujarat. The company is at forefront for enhancing value to customers by providing application focused solutions. Garware Technical Fibres (Formerly Garware-Wall Ropes) is one of India’s leading players in the technical textiles sector and ... Read More »

MEP Infrastructure Developers’ Subsidiary — MEP SANJOSE Talaja Mahuva Road — has achieved the Milestone-1 for the project of Four Laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat ... Read More »

Prime Minister hailed Sardar Patel’s vision that laid the foundation stone for the co-operative movement in India. Prime Minister Narendra Modi hailing the Gujarat model of development that finds its roots in the co-operative model that Sardar Patel introduced in the state. Prime Minister was in Anand to inaugurate a ... Read More »

On July 16, a single bench of the high court presided over by Justice A M Badar, had reserved the verdict on five revision applications challenging the discharge granted in the case by a trial court to Gujarat IPS officer Rajkumar Pandian, former Gujarat ATS chief D G Vanzara, Gujarat ... Read More »

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