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RAILTEL
has received the Letter of Acceptance (LoA) from Eastern Coalfields for Provision of MPLS-VPN, Internet Leased Line (ILL), Video Conferencing (VC) & Managed Bandwidth Services (MBS) for Eastern Coalfields. The estimated size of order as per LoA is Rs 145.47 crore (Including Tax).
JINDALSAW
has received approval to set up an additional plant in KSA (Kingdom of Saudi Arabia) for LSAW facility to address the increased demand of pipes through its joint venture Jindal Saw & Buhur Altavision Co. The board of directors of the company in its meeting held on April 27, 2026 has approved the same.
Transworld Shipping Lines has signed a Memorandum of Agreement (MOA) for sale of one vessel, M.V. SSL Gujarat to Avana Logistek for consideration of $3,500,000.
Bajaj Holdings & Investment has acquired 20,90,050 equity shares of Bajaj Finserv, (BFS), an associate of the Company, from Bajaj Auto Holding (BAHL), a wholly owned subsidiary of the Company, through a block deal, for an aggregate consideration of Rs 370.53 crore.
Gujarat Kidney and Super Speciality has received approval for incorporation of a Wholly Owned Subsidiary (WOS). The proposed WOS company shall provide medical and healthcare services in Bharuch District which shall be in addition to the current medical care facilities provided by the company in Districts like Vadodara, Dahod, Ahmedabad, Godhara. The Board of Directors of the company at their meeting held on April 27, 2026 inter alia, consider and approved the same.
Info Edge (India) has received approval to invest an amount of about Rs 5 crore in Startup Investments (Holding) (SIHL), a wholly-owned subsidiary of the Company. The present investment would help SIHL to explore investment opportunities including contribution to AIF(s) and other general purposes. The Committee of Executive Directors of the company in its meeting held on April 27, 2026 has approved the same.#TechnicalViews#FundamentalViews#StockInNews#EquityResearch#Miscellaneous
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