CWD receives Rs 24 crore order for sound boxes from leading NBFC
This order follows a previous announcement of a ₹100 crore order for CWD Limited’s design, development, and manufacturing services related to their sound box product line.
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This order follows a previous announcement of a ₹100 crore order for CWD Limited’s design, development, and manufacturing services related to their sound box product line.
As per the special resolution passed on September 28, 2024, the Board of Directors approved a preferential allotment of 27,65,000 convertible warrants at ₹115 each during meetings held on December 6 and December 11, 2024. These warrants, convertible into an equival
This acquisition follows the initial intimation made on October 29, 2024, and reinforces ABDL's strategic expansion efforts. The company’s acquisition of MAILLP is expected to enhance its business operations and broaden its market reach.
The equity shares were allotted to ABCL by ABHFL on December 3, 2024. This move ensures that ABCL’s shareholding in ABHFL remains unchanged at 100%, reaffirming its complete ownership of the housing finance subsidiary.
The contract, which spans four years, will see Solar Industries India Limited delivering top-of-the-line defence products, contributing to the strengthening of international relationships and fulfilling the increasing demand for defence supplies.
The company plans to enhance its production capabilities for Alu-Zinc Coated Steel products, with the production capacity set to increase from 132,000 MTPA (metric tons per annum) to 180,000 MTPA, marking a 36% increase in output.
The agreement enables GBL to produce up to 30,000 tons annually, with the first phase focusing on a facility capable of producing 15,000 metric tons.
The contract, awarded by the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), tasks Protean with acting as the System Integrator for the Design, Development, Implementation, Operations, and Maintenance of the next-generation Central KYC Records Registry (CKYCRR 2.0).
CIL and BPCL, both Maharatna entities, bring their expertise in coal mining and petroleum processing, respectively, to develop this ambitious project.
The scope of the contracts involves the delivery of high-quality solar PV modules, showcasing Waaree Energies' capability to support large-scale solar projects.
Monterosa Stationery Private Limited was officially registered on November 29, 2024, under the Registrar of Companies, Mumbai. The new subsidiary has an authorized share capital of ₹10,00,000 and a paid-up capital of ₹1,00,000, with Flair Writing Industries holding 100% ownership.
The company has clarified that Hikaru Solar Power Private Limited will operate as a related party, with any transactions between the parent and the subsidiary being conducted on an arm’s length basis to ensure compliance with corporate governance norms.
RBL Bank has committed to servicing the existing portfolio of approximately 3.4 million co-branded cards, ensuring uninterrupted customer support and satisfaction across its service channels.
Despite the investment, ABCL’s 100% ownership of ABCDL remains unchanged. The transaction was carried out on an arm’s length basis, as confirmed in a regulatory filing.
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