The construction period for the project is expected to last for two years. This development marks another milestone for H.G. Infra Engineering, highlighting its growing footprint in infrastructure projects in India.
The music label’s rich history includes producing iconic soundtracks such as "Khalnayak," "Taal," "Pardes," and "Race", and continuing to push boundaries in the industry.
As a result of the early completion, the concessionaire, Hathras Highways Private Limited, is entitled to an early completion bonus of ₹14.28 crore, payable by NHAI along with the first annuity payment.
The JVC will issue 2,50,000 ordinary shares to the parties at a face value of GBP 1 per share. Any future capital issuance will follow the ratio of the existing shareholding, ensuring proportional growth for all stakeholders.
Torrent Power’s distribution network covers over 4.13 million customers across major cities in Gujarat, Maharashtra, and Uttar Pradesh.
Among the twelve products granted licenses, well-known drugs like Telmisartan, Etoricoxib, Levofloxacin, and Rosuvastatin are included. These products have been approved for a validity period of five years, with the possibility of renewal after the expiration period.
The funds will be raised through the issuance of equity shares, convertible instruments, or other permissible securities, in one or more tranches.
The term loan of Rs. 25,00,00,000 (Rupees Twenty-Five Crores Only) will be utilized for business expansion and to further strengthen Akme Fintrade’s financial position.
The total cost of the acquisition is INR 246.83 crores, with Core Diagnostics now becoming a wholly owned subsidiary of Metropolis Healthcare. The transaction is expected to be completed within 60 days from the signing of definitive agreements.
The new API pipeline includes a mix of off-patent generic APIs and APIs still under patent.
The company has communicated this to the local farmers in the Taduvai region, instructing them not to undertake sugarcane plantations for the next season. This move comes as the company assesses the cane availability and aims to maintain its sugar plants' operational efficiency and profitability.
The project will replace the company’s existing 40 MW coal-based power with 68 MW of renewable energy, providing an average supply of 34 MW. The total investment of ₹57.12 crores will be made in tranches, with the project slated for completion by March 2026.
The automaker cited rising input costs and inflation as key reasons for the hike. Similarly, Kia India plans a price increase of up to 2%, attributing it to surging commodity costs, unfavorable exchange rates, and higher supply chain expenses.
These significant orders are expected to be executed during FY25 and FY26, further consolidating Welspun's position as a leading player in the US oil and gas transmission sector.
These acquisitions, collectively valued at INR 169.03 crores, will be executed via equity share swap, with the issuance of fully paid-up equity shares of ETPL to the respective sellers.
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