Ahmedabad : Asian Granito India Limited (AGIL), one of India’s leading tiles companies has divested its entire18.87% stake in its associated company – Astron Paper and Board Mills Ltd (Astron Paper) for Rs. 46.94 crore. Company sold 87.75 lakh equity shares of Astron Paper through block deal at Rs. 53.5 per share on 10 August 2021. … Read more
Lupin is currently trading at Rs. 1114.30, up by 28.65 points or 2.64% from its previous closing of Rs. 1085.65 on the BSE. The scrip opened at Rs. 1088.00 and has touched a high and low of Rs. 1117.25 and Rs. 1081.10 respectively. So far 31236 shares were traded on the counter. The BSE group … Read more
New Delhi : Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a … Read more
Dollar Industries has increased its stake in Pepe Jeans Innerfashion by making further investment of Rs 4 crore representing 28.57% along with the post allotment of Equity share capital of Pepe Jeans Innerfashion on November 10, 2018. The total investment of the company post allotment stand increased to Rs 7 crore representing 50% of the … Read more
Mahindra & Mahindra (M&M) has acquired 100% stake in Mahindra Automotive Mauritius on November 06, 2018. M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the … Read more
Cabinet also approved leasing out six airports, namely Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru for operation, management, and development under Public Private Partnership. The Cabinet approved laying down procedures and mechanisms for sale of enemy shares. Sale proceeds are to be deposited as disivestment proceeds in the government account maintained by ministry of Finance. … Read more
Pankaj Polypack is planning to acquire 300 equity shares of Rs 10 each face value of Morbido Merchandise constituting to 0.30% of the paid up capital of the company, in which the company holds 99.70% equity. The meeting of the Board of Directors of the company is scheduled to be held November 13, 2018, to … Read more
