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PEL
has received approval for the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) up to Rs 75 crore along with the green shoe option to retain oversubscription of up to Rs 375 crore, aggregating the total issue size to Rs 450 crore, on private placement basis. Administrative Committee (‘Committee’) of the Board of Directors of the company at their meeting held on February 13, 2025 has approved the same.
TECHM
has entered into partnership with Airtm, the leading digital payment platform. This partnership will enhance payment capabilities and access to top global talent for the Populii community, the company’s crowdsourcing platform that connects enterprises with a skilled workforce for high-value, human-in-the-loop tasks. Airtm has earned its reputation as a trusted partner for businesses navigating financial ecosystems in regions often overlooked by larger payment providers.
ULTRACEMCO
t has commissioned an additional 0.6 mtpa slag based grinding capacity at its existing unit situated at Karur, Tamil Nadu. This follows the earlier commissioning of 2.7 MTPA greenfield grinding capacity at Karur on April 2, 2024. The total capacity of the plant stands at 3.30 mtpa.
ADANIENT
’ UAE based joint venture (JV) -- Sirius Digitech (SDL) has incorporated a wholly owned subsidiary namely ‘***** (CIL). The subsidiary will engage in the business of Cloud Computing Services. The Authorized and Paid-up Share Capital of the subsidiary is $50,000 divided into 50,000 equity shares.
!Premier Energies’ subsidiary -- Premier Energies Photovoltaic has received and accepted orders aggregating to Rs 1,234 crore from existing customers for supply of solar modules. The supply of these modules is scheduled to commences from April 2025.
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