Latest news with #AdityaBirlaFashion&Retail
Business Standard
13 hours ago
- Business
- Business Standard
ServiceNow Ventures Holdings to invest Rs 437 cr in Aditya Birla Digital Fashion Ventures
Aditya Birla Fashion & Retail and Aditya Birla Digital Fashion Ventures (ABDFVL), a wholly owned subsidiary of the Company, have executed a Shareholders' Agreement (SHA) and Share Subscription Agreement (SSA) with ServiceNow Ventures Holdings, Inc. on 13 August 2025, for investment into ABDFVL, by way of 0.0001% non-cumulative, participating compulsorily convertible preference shares (CCPS) for an amount up to ~ Rs 437 crore.
Business Standard
23-06-2025
- Business
- Business Standard
Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
Securities in F&O Ban: ABFRL (Aditya Birla Fashion & Retail), Biocon, RBL Bank and Titagarh Rail Systems are banned from F&O trading on 23 June 2025. Stocks to Watch: Lloyds Metals and Energy has announced the successful commissioning of two key infrastructure projects that mark a major leap in its operational capabilities and long-term growth strategy. The company has commissioned a 4 million tonnes per annum (MTPA) pellet plant at Konsari, Maharashtra, and an 85-kilometre iron ore slurry pipeline connecting its Hedri mine to the new plant. ITCONS E-Solutions has secured an order worth Rs 2.19 crore from Power Grid Corporation of India for the supply of 23 highly skilled manpower resources on a contractual basis. Waaree Renewable Technologies informed that the value of its existing solar engineering, procurement, and construction (EPC) order has been revised upward by Rs 246.92 crore, bringing the total order value to Rs 1,480.40 crore. The order pertains to a 2,012.47 megawatt peak (MWp) ground-mounted solar PV project, and all existing terms and conditions of the original contract remain unchanged. Atishay has received a work order worth Rs 59.22 lakh from the Alwar Central Cooperative Bank, under the Cooperative Department, Alwar, Rajasthan. EMS has emerged as the lowest bidder (L-1) for two major infrastructure contracts awarded by UP Jal Nigam (Urban), with a combined estimated value of approximately Rs 202.85 crore. Interarch Building Solutions has secured an order worth Rs 80 crore from Ather Energy for the design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems. CEATs board is scheduled to meet on 25 June 2025 to consider raising funds via money market instruments or any other permissible mode of borrowing.
Business Standard
20-06-2025
- Business
- Business Standard
Stock Alert: Mastek, Kaynes Tech, Kamat Hotels, Uno Minda, Natco Pharma
Securities in F&O ban: Aditya Birla Fashion & Retail (ABFRL), Biocon, Central Depository Services (CDSL), HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 20 June 2025. Stocks to Watch: Mastek announced the launch of a comprehensive suite of AI solutions and services aimed at accelerating AI innovation and driving enterprise-wide AI adoption. Kaynes Technology Indias board approved raising funds via QIP with floor price of Rs 5,625.75 per share, marking a 1.67% discount to the last closing price. Kamat Hotels (India) has entered into shareholders arrangement agreement to acquire control in Ilex Developers & Resorts. Uno Mindas board approved the detailed project report (DPR) for setting up its new manufacturing facility of the casting division at Sambhaji Nagar, Aurangabad to carter the increasing demands of OEMs for casting parts in EV Vehicles. Axiscades Technologies has signed a strategic memorandum of understanding (MoU) with Aldoria, a European leader in space surveillance and situational awareness (SSA), aimed at bolstering Indias ability to monitor, manage, and secure its space assets amidst growing global activity in orbit. Natco Pharma informed that the U.S. Food and Drug Administration (USFDA) had conducted an inspection at its pharma division located in Kothur, Hyderabad, India, which was conducted from June 9th June 19th, 2025. The company has received 7 (Seven) observations in the Form-483. Sudarshan Pharma Industries board approved the proposal for raising Rs 1,500 crore through various instruments via different modes. United Spirits announced taking a majority controlling stake in NAO Spirits at an enterprise value of Rs 130 crore ($15.2 million), resulting in NAO Spirits becoming a subsidiary of the company.
Business Standard
18-06-2025
- Business
- Business Standard
Stock Alert: Ugro Capital, Heranba Inds, Polycab India, EMS, Manba Finance
Securities in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 18 June 2025. Stocks to Watch: Ugro Capital has executed a share purchase agreement with Profectus Capital (Profectus) to acquire 100% stake of profectus for total consideration of Rs 1,398.60 crore. Heranba Industries chief financial officer (CFO), Rajkumar Bafna has tendered his resignation with effect from closing business of 30 June 2025. Polycab India has executed an agreement with BSNL as the project implementation agency (PIA) for design, supply, construction, installation, upgradation, operation and maintenance of middle mile network of Bharat Net in Karnataka, Goa and Puducherry Telecom Circle against Package No. 4 amounting Rs 6,447.54 crore (inclusive of GST). EMS has secured the lowest bidder status by UP Jal Nigam (Urban) for construction of various components for sewerage and sewage treatment scheme zone-1 Fatehpur, Uttar Pradesh. The order is worth Rs 183.81 crore. Sanghvi Movers informed that Ministry of Corporate Affairs has approved the change of name of wholly owned subsidiary company from Samo Renewables to Sangreen SioRenew with effect from 17 June 2025. Neuland Laboratories compliance officer has received an administrative warning letter from deputy general manager, SEBI regarding violation of SEBI (Prohibition of Insider Trading) Regulations, 2015) by a designated person. Manba Finances board will meet on Friday, 20 June 2025 to consider issuing debt securities upto Rs 200 crore on a private placement basis. Bombay Stock Exchange (BSE) informed that SEBI has approved Thursday as the revised expiry day for its derivatives contracts.
Business Standard
17-06-2025
- Business
- Business Standard
Stock Alert: Zee Entertainment, Hikal, NTPC, Biocon, Hyundai Motor India
Secutries in F&O Ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manapurram Finance, RBL Bank and Titagrah Rail Systems shares are banned from F&O trading on 17 June 2025. Stocks to Watch: Zee Entertainments board approved the proposal to raise Rs 2,237 crore from promoter entities via issuing 16.95 crore warrants at issue price of Rs 132 per share. The warrants are proposed to be allotted to Altillis Technologies and Sunbright Mauritius Investments. Biocons board approved the issuance of qualified institutional placement (QIP) of Rs 4,500 crore at floor price of Rs 340.20 per equity share. Hikal has successfully passed the Brazilian Health Regulatory Agencys (ANVISA) GMP audit for its manufacturing unit located at Jigani in Bengaluru, Karnataka. The inspection, carried out by ANVISA, Brazil GMP (good manufacturing practices), was for multiple APIs which occurred from April 14th to April 18th, 2025. Hyundai Motor India has successfully commenced production of Passenger Vehicle Engines at its manufacturing facility Talegaon Plant located at Plot No. A-16, MIDC, Talegaon Industrial Area, Phase-II Expansion, Pune, Maharashtra, with effect from 16 June 2025. NTPCs board has scheduled a meeting on 21 June 2025, to consider the issuance of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (bonds/NCDs) aggregating upto Rs 18,000 crore, subject to approval of shareholders.
