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

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

Friday, 22 Apr

1 Quint Digital- Company has entered into a Franchisee Agreement for a period of 5 years to launch the overseas platform named as 'Quint World'

2 Huzoor Multi Projects- Received letter for completion of balance work on EPC mode for amount of 151.85 Cr

3 Somany Ceramics- Expansion of a production line of double fast firing (DFF) to produce large format wall tile was successfully completed and commercial production has commenced

4 Zen Tech- Company has signed an Annual Maintenance contract worth ~ ₹55 Cr for simulators for a period of 5 years

5 NACL Ind- Ministry has granted the Environment Clearance with respect to the expansion of manufacturing capacity from 30 TPD to 70.1 TPD

5 Clariant Chemicals- Appointment of Mr. Bharath R. Sesha as the Managing Director

6 Insecticides India- Company has been granted the Patent for an invention entitled NOVEL MITICIDAL BENZYLAMIDES for the term of 20 years from 18th July 2016

7 Bedmutha Ind- Board approved for closure of Plant 2 of the Company situated at Nashik with effect from June 24, 2022. The Plant 2 has been running into losses.

8 IOLCP- Commenced the commercial production of 'Paracetamol' with installed capacity of 1800 MTPA along with backward integration of Para Amino Phenol (PAP)

9 Tejas Network- Mr. N. Ganapathy Subramaniam appointed as Non-Executive Chairman as Mr. Balakrishnan V has resigned