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16 Jul 2025
📌Announcements – July 16, 2025 🛠️Order Wins, Approvals & Project Updates 🔹#NLCIndia ₹7,000 Cr renewable capex cleared by Union Cabinet 🔹#JSWEnergy SC caps free power supply at 13% for home state (earlier 18%) 🔹#PNCInfratech 300 MW solar 150 MW ESS project win from NHPC at ₹3.13/kWh 🔹#GodawariPower EC received for 2 MTPA integrated steel plant in Chhattisgarh 🔹#AmicForging ₹5.46 Cr order from Mitsubishi JV for roller segments 🔹#TPIIndia ₹13.77 Cr FIBC bag order from Indian Oil 💰Fundraises, M&A & Delistings 🔹#NazaraTech To dilute Nodwin stake below 50% 🔹#VisamanGlobal ₹58.64 Cr fundraise via preferential shares & warrants 🔹#IshanDyes ₹63 Cr preferential issue approved; EGM on Aug 14 🔹#CESLtd Announces voluntary delisting at ₹92.36 floor price 🔹#IBLFinance ₹300 Cr debenture issue cleared; AGM on Aug 22 🔹#TirupatiTyres ₹99 Cr QIP approved; shareholder nod via postal ballot 🔹#TitagarhRail ₹200 Cr preferential issue to promoters approved 🔹#SBI Opens QIP at ₹811.05/share; ₹20,000 Cr bond issuance cleared 🏗️Strategic Initiatives & Acquisitions 🔹#LTFoods ₹35 Cr investment in Europe B2C facility, ₹400 Cr rev target in 5 yrs 🔹#AvanceTech Signs term sheets for Excess2Sell & CheckersIndia acquisitions 🔹#SpringformTech Acquires 100% of Inertia Aluminium 🔹#SattvaSukun Acquires 51% in PavaPuriExports for ₹10 Cr ⚡Industry, Regulatory & Other Updates 🔹#NeogenChemicals Fire at Dahej causes ₹348 Cr loss; ₹80 Cr insurance received 🔹#HindustanZinc Wins potash mining license for Rajasthan block 🔹#ManaliPetro Expands Propylene Glycol capacity by 50,000 TPA 🔹#SanofiIndia Signs 5-yr OAD distribution deal with Emcure; mgmt changes 🔹#ZydusLifesciences USFDA closes RRA at Matoda with no observations 🔹#SuvenLife Begins Phase-2b trial of Ropanicant for depression (USFDA IND)
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