Ceigall India Subsidiary Executes ₹1,700 Crore PPA for 220 MW Morena Solar BESS Project
Ceigall Morena Solar BESS Park Limited, a wholly-owned subsidiary of Ceigall India Limited, has formally executed a Power Purchase Agreement with Rewa Ultra Mega Solar Limited. The ₹1,700 crore project involves a 220 MW solar facility integrated with Battery Energy Storage Systems in Madhya Pradesh.
Sterling and Wilson Renewable Energy Wins ₹5,034 Crore Mega Solar Project in Egypt
Sterling and Wilson Renewable Energy (SWREL) has secured a massive solar project in Egypt through a 50-50 joint venture, valued at approximately ₹5,034 crore. The contract involves the development of a 1,000 MWac solar facility integrated with significant battery storage, strengthening the company's footprint in the MENA region.
Oberoi Realty Launches ₹18 Cr+ Ultra-Luxury Three Sixty North Project in Gurugram
Oberoi Realty has officially expanded its footprint into the National Capital Region (NCR) with the launch of Three Sixty North in Gurugram. The ultra-luxury residential development spans 14.8 acres and introduces the company's premium design philosophy to North India's most sought-after property corridor.
Ashika Global Securities Raises ₹9.14 Crore via Conversion of Equity Warrants
Ashika Global Securities Limited has completed the allotment of 2,00,000 equity shares following the conversion of warrants issued to non-promoter investors. The transaction raised ₹9.14 crore at a significant premium, though a larger portion of the original warrant issue was forfeited due to non-exercise.
Narmada Agrobase to Modify Rights Issue Proceeds Usage; Board Approves Postal Ballot
The Board of Narmada Agrobase has approved a postal ballot to seek shareholder consent for varying the objects of its 2024 Rights Issue. The move aims to modify how the net proceeds from the equity issuance are utilized for business operations. This regulatory action ensures transparency and alignment with the company's current financial and strategic requirements.
Viceroy Hotels Board Approves ₹107 Crore Rights Issue for Strategic Funding
The Board of Directors of Viceroy Hotels Ltd has approved a proposal to raise capital up to ₹107 crore through a rights issue of equity shares. This fund-raising initiative is intended for existing shareholders and involves the formation of a dedicated committee to oversee the issuance process.
Astal Laboratories Ltd to Raise ₹300 Crore for USFDA Pharma Unit Acquisitions
Astal Laboratories Ltd has approved a significant capital raise of up to ₹300 crore to fund its strategic expansion into the pharmaceutical sector. The company's board has also issued a mandate to scout for and acquire manufacturing facilities in India that hold prestigious international regulatory approvals.
PTC Industries Board Approves ₹1,800 Crore Fund Raise and Higher Borrowing Limits
The Board of Directors of PTC Industries has approved a significant capital raise of up to ₹1,800 crore through equity-linked instruments. Alongside the fund infusion, the company is seeking shareholder approval to enhance its borrowing and investment limits to support long-term growth.
Spice Islands Industries Enters Hospitality Sector with Hotel Lease in Dwarka Gujarat
Spice Islands Industries Limited has executed a Hotel Lease & Operating Agreement to manage 'The Ocean Prime' in Dwarka, Gujarat. This expansion into the hospitality sector involves operating a 26-room property starting July 1, 2026, to diversify the company's revenue base.