Unipart India: The provider of technical systems and solutions will make its debut in Dalal Street on Monday. The IPO of Rs 835.6 crore was open was a tender between November 30 and December 2, which was sold in the range of Rs 548-577. In total, the publication was subscribed to more than 25.3 times.
: The telecom player said it has approved the equity allocation of $8.6 million, approximately Rs 71 crore, to those who issued its foreign debt bonds in January 2020. The company had issued USD 1 billion 1.5 percent convertible bonds in foreign currency (FCCBs) issued. which expire before 2025.
NTPC: The state-run energy giant said it has commissioned 162.27 MW of solar power capacity at Ettayapuram in Tamil Nadu. With this, NTPC’s stand-alone installed and commercial capacity has reached 57,801.27 MW, while the group installed and commercial capacity is 70,416.27 MW.
: Debt-ridden telecom player and its supplier ATC Telecom Infrastructure have agreed to extend the last date for subscription of Rs 1,600 crore optional convertible bonds to February 28.
Mario: The homegrown FMCG major will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands ‘Purité de Provence’ and ‘Ôliv’, in an all-cash deal for 493 billion Vietnamese Dong (approximately Rs 172 crore). The move will help the company expand its presence in Vietnam.
: The US health regulator has detained the drug maker over manufacturing defects, including failure to establish required laboratory control mechanisms, at its factory in Goa. In a letter addressed to Glenmark’s MD Glenn Saldanha, the USFDA pointed out several deficiencies in the company’s Bardez-based facility in Goa.
V-Guard Industries: The electricity and home appliances player will acquire Sunflame Enterprises for Rs 660 crore in an all-cash deal. The acquisition of Delhi-based Sunflame will help V-Guard scale its kitchen appliances business while unlocking synergy benefits.
Hindu Zinc: The government will assess the interest of major foreign funds in a metal company before deciding on the timing of dilution of its minority stake in the company owned by Anil Agarwal. The government currently holds a 29.54 percent stake in HZL, while a 5.54 percent stake is held by public shareholders.
Kalpataru power transmission: The utility has raised Rs 99 crore by allocating 990 NCDs of Rs 10 lakh face value each on a private placement basis. The said NCDs will be listed on the market segment of BSE’s wholesale debt market.
Zydus Life Sciences: The Ahmedabad-based drugmaker has received approval from the US health regulator to market Silodosin capsules, which are used in the treatment of benign prostatic hyperplasia, in America. It has also received final approval from the US Food and Drug Administration to market Pregabalin capsules in multiple strengths.
: The board of directors of the textile company will meet on December 15 to consider fundraising up to Rs 108 crore. They will also consider issuing non-convertible bonds of up to Rs 500 crore for identified investors.
& Resorts India: The leisure company plans to invest up to Rs 1,500 crore in expansion over the next three years, including room additions and resort acquisitions. The company is also considering launching a new luxury resort management brand, which it also plans to use to further grow its Club Mahindra memberships.
: Veteran investor Ashish Kacholia acquired 1 lakh shares in the company through open market transactions, at an average price of Rs 1,465.9 per share, which were worth Rs 14.65 crore. Himalaya Finance & Investment Company also purchased 1 lakh shares in the company at an average price of Rs 1,466 per share.
: The civil construction company has received a letter of intent from
for civil narrowing of housing project ‘VIDA’ in GIFT City Gandhinagar, Gujarat. The construction order is worth Rs 121.51 crore. With this, the total order inflow for FY 2022-23 till date stands at Rs 1,833.09 crore.
: The NBFC promoted by PTC India said the board has approved a proposal to penalize Rs 800 crore as loan to various borrowers. The company is determined to outperform in the coming quarters to achieve sustainable growth.
Control print: The computer hardware company has entered into a joint venture agreement with V Shapes SRL to form a new joint venture company in India. The JV will deal with contract filling and packaging services, sales and marketing of the packaging machines and packaging materials etc.
: The lenders of the debt-ridden company Anil Ambani are believed to have finalized the process and rules for holding an e-auction for the bidders. According to sources, the e-auction will begin on December 19 and will follow an ascending auction process.
& automation: The industrial products player plans to raise multiple cash rounds in the coming year. Affordable Robotic and Automation subsidiary ARAPL RaaS plans to raise multiple rounds of funding in the coming year. For this, it has appointed a globally known financial consultancy as its financial advisor.