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Prachi Mehta

31st Jul 2025 · SEBI-Registered Analyst

Stocks to keep on radar

RITES
has signed a Memorandum of Understanding (MoU) with NABARD Consultancy Services (NABCONS), a wholly owned subsidiary of the National Bank for Agriculture and Rural Development (NABARD). This strategic partnership aims at collaborating on infrastructure and rural development projects in India and abroad, leveraging the expertise and strengths of both organizations to promote inclusive and sustainable growth.
TATAMOTORS
s’ wholly owned subsidiary -- TML CV Holdings (TMLCVH) has received approval to incorporate a wholly-owned subsidiary Company in the name and style of TML CV Holdings B.V in Netherlands or such other name as may be approved by the relevant authorities in Netherlands. The proposed Company will be incorporated as a holding company with the primary objective of participating in managing and administering participations and interests in businesses, legal entities and companies. The board of Directors of the company at their meeting held on July 30, 2025, has approved the same. Aurobindo Pharma USA Inc., a wholly owned subsidiary of Aurobindo Pharma, has entered into a definitive agreement with Lannett Seller Holdco, Inc under which Aurobindo Pharma USA Inc will acquire 100% of membership interest in Lannett Company LLC from Lannett Seller Holdco, Inc. The transaction aligns with Aurobindo’s strategic objective to expand its U.S. manufacturing footprint by enhancing its existing domestic capabilities. Cost of acquisition is $250 million.

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