11-11-2024 09:17 AM | Source: ARETE Securities Ltd
The Markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start - ARETE Securities Ltd

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The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 51 points lower at 24,148 on Friday.

BORQS International Holding Corp:

The company has approved the acquisition of 100% share capital of BORQSInternational Holding Corp and Borqs Technologies India, along with certainwholly owned subsidiaries, pending internal restructuring.

Epigral:

The company’s board has approved a Rs. 780 Crores investment to expandproduction capacity of CPVC and Epichlorohydrin resins at Dahej, Gujarat,aiming for completion by H1 FY2027.

GOCL Corporation:

The company approved Hinduja National Power Corporation's request forsecurity issuance up to Rs.450 Crores, reducing the secured loan amountfrom Rs.1,096.10 Crores to Rs.450 Crores.

G R Infraprojects:

The company has emerged as the L-1 bidder for BSNL's Bharat Net Phase-3(Middle Mile) Project with a contract price of Rs.867.54 Crores, inclusive ofGST, for a duration of 3 years for execution and 7 years for O&M.

HealthCare Global Enterprises:

The company executed a Business Transfer Agreement to transfer itsdiagnostic business and PET-CT operations to its wholly owned subsidiaryfor Rs.135 Crores.

IFGL Refractories:

The company has decided to set up a facility for manufacturing DBM Bricksat a newly allotted 16.40-acre plot in Goudaput, Khurdha, Odisha.

KIMS:

The company has entered into an Operations and Management Agreementwith Insignia Healthcare for a 150-bed super specialty hospital in Guntur,Andhra Pradesh, with a revenue fee of 5% of total net revenue.

Manorama Industries:

The company has incorporated a wholly owned subsidiary, ManoramaSavanna Ghana, in Ghana with an initial paid-up capital of GHC 80 Lakh.

MIC Electronics:

The company has incorporated a wholly owned subsidiary, MICK DigitalIndia, with a paid-up capital of Rs.5 Lakhs.

Sasken Technologies:

The company has approved the acquisition of 100% share capital of BORQSInternational Holding Corp and Borqs Technologies India, along with certainwholly owned subsidiaries, pending internal restructuring.

Solar Industries India:

The company has received export orders worth Rs.580 Crores for the supply ofdefence products to an international client, to be delivered over five years.

Vishnu Chemicals:

The company has signed a definitive agreement to acquire a ChromeMining Complex in South Africa through its subsidiary, Vishnu South Africa(Pty) Limited, for a total consideration not exceeding Rs.84 Crores.

Zaggle Prepaid Ocean Services:

The company has entered into a master agreement with Can Fin Homes toprovide employee expense management solutions over a period of two years.

 

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