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THYROCARE
has made an additional equity investment of $25,000 (equivalent to Rs 21,98,000) in Thyrocare Laboratories (Tanzania) (the 'JV Company'). Upon the allotment of shares by the JV Company, the JV Company will become a subsidiary of the Company. The JV Company is engaged in providing diagnostic and healthcare services directly to customers in the United Republic of Tanzania. The equity infusion in the JV Company has been made to facilitate its business operations and working capital requirements.
SUNTECK
has incorporated a wholly owned subsidiary named ‘Eximius Buildcon’ (EBPL) on March 3, 2025. The Ministry of Corporate Affairs has issued a Certificate of Incorporation for the same.
SUDARSCHEM
l Industries (SCIL) through its wholly owned subsidiary Sudarshan Europe B.V., has completed its previously announced acquisition of Germany-based Heubach Group (Heubach) in a combination of an asset and share deal. This strategic acquisition creates a global pigment leader, bringing together SCIL’s operations and expertise with Heubach's technological capabilities. It will enhance SCIL’s product portfolio, giving it access to a diversified asset footprint across 19 international sites.
!Vibhor Steel Tubes has commenced trial production at its Unit III plant in Sundargarh district, Odisha, on March 1, 2025. The 120,000 MTPA plant's trial production commenced using generators, and the company expects commercial production in the unit to begin at the end of March 2025, with the installation of an electricity connection.
TVSMOTOR
has begun dispatching its range of OBD-2B compliant vehicles starting with the TVS Jupiter 110. It will be available across dealerships in India at Rs 76,691(ex-showroom, New Delhi) for the base variant. The company will complete the transition of its entire portfolio to OBD-2B standards, before the end of March 2025.
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