Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has received the Letter of Award (LoA) from Tata Power Delhi Distribution, having a JV of Tata Power. The 255 MW hybrid (wind and solar) power project is being set up in Karnataka, and the government of NCT in New Delhi is expected to complete this project in 2024.
Shares of KFin Technologies will debut on the bourses on 29 December 2022, and the issue price is Rs 366 per share.
Tata Steel has acquired 1.15 crore equity shares at an issue price of Rs 12.81 per share of Tata Steel Advanced Materials (TSAML), aggregating to approximately Rs 14.80 crore.
Godrej Properties announced that it had acquired approximately nine acres of land in Gurugram, Haryana. About 1.6 million square feet of premium residential development with exceptional lifestyle amenities.
Ashoka Buildcon had submitted its bid to the Madhya Pradesh PoorvKshetra Vidyut Vitaran Company Ltd. (MPPKVVCL) and received Notifications of the Award from the Authority. The estimated cost of aggregate Bid for the Projects is Rs 754.57 crore.
The commercial production of Kanoria Chemicals & Industries for Phenolic Resin Plant at Ankleshwar, Gujarat, with 6500 MTPA capacity, started from 1 January of next year (2023).
The board of directors of Spandana Sphoorty Financial has approved the transfer of the stressed loan portfolio, which includes written-off loans of Rs 323.08 crore outstanding at the end of 30 September 2022, to an Asset Reconstruction Company under the Swiss Challenge Method for a consideration of Rs 95 crore.