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Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNifty closed 247 points lower at 23,951 on Thursday.

ACME Solar Holdings:

The company commissioned four ISTS-connected SECI projects with a 1,023MW capacity in Jaisalmer, Rajasthan, generating 3,000 MUs annually andreducing GHG emissions by 2.6 million tonnes.

Adani Energy Solutions:

The company incorporated a wholly owned subsidiary, Adani EnergySolutions Step-Ten Ltd., with ?1 lakh capital for power transmission services.

Advanced Enzyme Technologies:

The company invested Rs.47.82 crore in its subsidiary Advanced EnzymesEurope B.V., acquiring 36.23 lakh equity shares without altering ownership.

Bharti Airtel:

The company prepaid Rs.3,626 crores to clear all spectrum liabilities from2016, eliminating high-interest dues above 8.65%.

Datamatics:

The company inaugurated its 4th delivery center in Cebu, Philippines,strengthening its global presence across industries like financial services,healthcare, and e-commerce.

Easy Trip Planners:

The company partnered exclusively with OLX India, integrating a 'Travel'section for seamless booking of flights, hotels, and holiday packages.

EPL:

The company approved the incorporation of a wholly owned subsidiary inThailand for pursuing growth opportunities in laminated tube manufacturingand trading with an investment of Rs.5 million.

ICICI Prudential Life Insurance:

The company allotted 1.4 lakh rated NCDs of Rs.1 lakh each, aggregating to Rs.1,400 crore, on a private placement basis.

JK Cement:

The company received the Vesting Order from the Ministry of Coal for theMahan Coal Block in Madhya Pradesh, with coal reserves of 107.4 milliontonnes and a capacity of 1.2 million tonnes per annum.

Max India:

The company’s subsidiary, Antara Senior Living, has partnered with Dr. LalPathLabs to offer diagnostic services for seniors, enhancing geriatric carewith specialized health packages.

Nazara Technologies:

The company’s subsidiary NODWIN Gaming acquired 93% of AFK Gamingfor Rs.7.6 crore, making it a fully owned subsidiary.

PTC Industries:

The company completed the acquisition of 100% shareholding in TracPrecision Solutions Limited (TPSL) after receiving approval under the UKNational Security and Investment Act.

SpiceJet:

The company settled a $16 million dispute with Genesis by paying $6million and issuing Rs.33 crore in equity at Rs.100/share.

Suzlon Energy:

The company’s penalty of Rs.98.79 lakh imposed by GST, Tamil Nadu, hasbeen reduced to Rs.1 lakh by the Honorable appellate authority, with thebalance Rs.97.79 lakh to be refunded.

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