Essar Electricity Ltd on Friday explained it has agreed to sell one of its two electric power transmission strains to Adani Transmission Ltd for ₹1,913 crore. The sale is a component of deleveraging system subsequent which Essar has repaid above ₹1.8 lakh crore to financial institutions and financial establishments in the last 3 years – the largest financial debt reimbursement in the record.
SEBI on Friday revoked the securities industry ban imposed on Abhay Bhutada, Running Director of Poonawalla Finance, in a case pertaining to alleged insider investing activities in the shares of Magma Fincorp, which is now recognized as Poonawalla Fincorp.
Vibhav Agarwal has resigned as Handling Director of RattanIndia Energy due to his own reasons. Therefore he also ceased to be Essential Managerial Staff of the firm on June 3, the corporation stated in a recognize to the stock exchanges. Asim Kumar De, Whole Time Director of the firm, has assigned additional obligations to discharge the capabilities which have been earlier assigned to Taking care of Director, for interim time period, until the time a new Taking care of Director is appointed by the company.
Valiant Organics has educated exchanges about an incidence of blast in reactor in chlorination part of its plant at GIDC, Sarigam, Gujarat. The incident has taken location on June 3. There has been no reduction to human existence, nonetheless, small personal injury documented to one particular man or woman, who is under health care treatment method,it reported.
NTPC has signed an settlement with MECON to avail consultancy and undertaking management providers for its coal mines. Beneath the Ministry of Metal, MECON Ltd is an engineering, consultancy and contracting organisation, offering whole selection of products and services essential for placing up of a challenge from thought to commissioning, which include turnkey execution.
Electric power producer SJVN will invest above ₹1,000 crore to established up 3 renewable power projects in Uttar Pradesh. The company’s CMD Nand Lal Sharma said two photo voltaic assignments with a capacity of 75 MW just about every will be established up at villages Parasan and Gurha in district Jalaun.
KPI Green Energy has been given Commissioning Certificates from Gujarat Electrical power Improvement Company for three Customers totaling 6.85 MWdc Resourceful Technologies (CPP – 5 MWdc), Chougle Salt Operates Pvt Ltd (CPP – .25 MWdc) and Aether Industries Ltd (1.20 MWac) – IPP – 1.60 MWdc.
Narayana Hrudayalaya has incorporated a wholly owned Subsidiary – “Athma Healthtech Non-public Ltd” on June 2. The wholly owned subsidiary is included to carry on the business of Software and other allied services.
Results Calendar: Alpha Hi-Tech Gasoline, APT Packaging, Arihant Institute, Chadha Paper, Cinevista, Ind-Agiv Commerce, Urja Global and Digital Worldwide Instruction.
June 06, 2022
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