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Prachi Mehta

25th Mar · SEBI-Registered Analyst

Stocks in news today

AVANTEL
has received a Rate Contract worth of Rs 459.90 crore exclusive of taxes for Supply and Annual Maintenance Contract (AMC) of Satellite Communication Equipment’s from Zetwerk Manufacturing Businesses.
KAJARIACER
has acquired 9,50,000 (i.e. 10%) equity shares of Kajaria Surfaces. The purpose of the acquisition was to make Kajaria Surfaces as a wholly-owned subsidiary of the Company and accordingly, after the completion of acquisition of additional 10% equity shares of Kajaria Surfaces on March 24, 2026, it has become a wholly-owned subsidiary of the Company. Sanathan Textiles’ wholly owned subsidiary -- Sanathan Polycot has entered into a Share Subscription and Shareholders’ Agreement (SSSHA) and a Power Supply and Consumption Agreement (PSCA) to acquire 26% stake in Serentica Renewables India 33, a subsidiary of Serentica Renewables India, in tranches, for sourcing renewable power as a captive consumer for a contracted capacity of 32 MW. The above acquisition is subject to conditions precedent and regulatory approvals which is expected to be completed in line with the agreed tranche timelines.
ACMESOLAR
(ASHL), through its wholly owned subsidiary - ACME Surya Power, has commissioned the second phase of 35.714 MW / 160.48 MWh out of 250 MW / 1103.392 MWh capacity of Battery Energy Storage System (BESS) Project located at Village: Jaimalsar, Dist: Bikaner, State: Rajasthan. The Commercial operation date (COD) for the stated phase–II shall be March 26, 2026. With this, ACME Surya Power has achieved a commissioned capacity of 95.714 MW / 430.086 MWh out of 250 MW / 1103.392 MWh.

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