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

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

Friday, 29 Apr

1 Varroc Engg- Entered into a Agreement with Compagnie Plastic Omnium Se, France for divestment of the 4-Wheeler Lighting Business of the Company in the Americas and Europe

2 Genus Power- Company has received New order from State Utility of Rs.828.57 Cr

3 Surat Textile- Mr. Manikant R. Momaya a member of the Board designated as Managing Director

4 Ami Organics- Approved the Capex plan of INR 190cr to build a brownfield plant in Ankleshwar, Gujarat advanced pharmaceutical intermediates segment.

5 Premier Explosives- Company has signed a contract with an overseas entity for supply of Rocket Motors for a total value of USD 13.13 Million (Rs. 100.40 Cr approx).

6 EKI Energy- To consider & declaration of issue of bonus shares on 17/05/2022

7 Ge Power- Company has been awarded a contract with basic price worth approximately INR 8,634 million

8 Solara Active Pharma- Withdrawal of the Composite Scheme of Amalgamation

9 Karda Construction- To consider, and discuss the possibility of entering into the mining business internationally

10 Astral- Approved to acquire 51% controlling equity stake in Operating Paint Business of Gem Paints Private Limited for Rs. 194 Cr