Street Brief! By Saket Lohia https://t.me/saketlohia5 Saturda | Saket Lohia

Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Saturday-Sunday, 12-13 Feb


1 Adani Power- Deed of Settlement singed with Gujarat Urja Vikas Nigam to resolve all disputes pertaining to Power Purchase Agreements.

2 Waree Renewable- Company has entered into MOU with AES (India) to locally manufacturing, upgradation, marketing and development of innovative “MAVERICK ” solar module.

3 Electrosteel Casting- Appointed Mr. Ashutosh Agarwal as a Whole-time Director and Chief Financial Officer.

4 Dilip Buildcon- Divestment of equity stake of the company in 10 Hybrid Annuity Model projects

5 Orchid Pharma- Capital expenditure amounting up to Rs.50 Cr for the manufacturing facility of the Company at Alathur.

6 Thyrocare- Appointed Mr. Rahul Guha as Managing Director & CEO of the Company.

7 Capri Global- Setting up of new line of business i.e Gold loan by opening of ~1,500 Gold Loan branches in next 5 years.

8 Grasim Industries- Commissioned a new line of 300 Ton Per Day capacity of VSF (Line 5) at Grasim Cellulosic Division.