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LEMONTREE
has signed new property Lemon Tree Premier, Surat, Gujarat. The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. Lemon Tree Premier, Surat, Gujarat, will feature 108 well-appointed rooms, a restaurant, a banquet, a meeting room, a swimming pool, a gym, a spa and other public areas.
TATASTEEL
has on June 25, 2025, acquired 179,10,44,776 equity shares of face value $0.1005 each aggregating to $180 million (Rs 1,562.54 crore) in T Steel Holdings (TSHP). Post this acquisition, TSHP will continue to be a wholly owned subsidiary of the Company.
Wheels India has received approval for acquisition of 7,64,533 equity shares of Axles India from Forge 2000 at a total consideration of Rs 22.68 crore. The proposed transaction is likely to be completed before August 31, 2025. The company currently holds 9.51% of the share capital of Axles India and with this acquisition, the shareholding percentage increase will from 9.51% to 12.51%. The board of directors in its meeting held on June 25, 2025 have approved the same.
!Lloyds Metals & Energy (LMEL) has received the Environmental Clearance (EC) to expand its iron ore mining capacity to 55 million tonnes (Maximum) per annum (MTPA). This is a defining milestone in the company’s journey and a pivotal development for India’s mineral and steel landscape.
ACME Solar Holdings has emerged as the winning bidder for NHPC’s tender for cumulative capacity of 275 MW / 550 MWh standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh across two projects at Kuppam and Ghani. The company’s winning bid for Kuppam project was at a tariff of Rs 210,000 per MW per month with a capacity of 50 MW / 100 MWh. Its winning bid for Ghani project was at a tariff of Rs 222,000 per MW per month with a capacity of 225 MW / 450 MWh.#WatchOutFor#StockInNews#TechnicalViews#HiddenGems#EquityResearch
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