Asia / Pacific
News Story on KPI Green, Tata Power, Adani Green, Airtel, Waaree Energies, UltraTech Cement, Ceigall India, Mastek
Coforge’s Share Capital and Other Important Announcements
Coforge’s Annual Fixed Cost
• Annual fixed cost payable under the LOA is Rs 76,53,226 per MW per annum (taxes extra) for 40 years from COD.
Waaree Energies, Waaree Renewable Technologies
• Received an order for the supply of solar modules for 410 MWp from ABREL EPC, a wholly-owned subsidiary of Aditya Birla Renewables.
• Assistant Commissioner of State Tax, Mumbai conducted a search at the registered office of the company and its subsidiary, Waaree Renewable Technologies.
UltraTech Cement
• The Board has declared the Scheme of Arrangement with Kesoram Industries to be effective from March 1, 2025.
• The company will issue 1 equity share of Rs 10 each of the company for every 52 equity shares of Rs 10 each held by equity shareholders of Kesoram Industries.
Dr Reddy’s Laboratories
• Received the Establishment Inspection Report (EIR) from the US FDA for its API manufacturing facility (CTO-2) in Bollaram, Hyderabad.
Emcure Pharmaceuticals
• The US FDA conducted a current Good Manufacturing Practices (cGMP) inspection of the company’s API manufacturing facility at Pune, Maharashtra.
Caplin Point Laboratories
• The company’s subsidiary, Caplin Steriles, received final approval from the US FDA for its abbreviated new drug application (ANDA) for Brimonidine Tartrate and Timolol Maleate Ophthalmic Solution (eye drops).
TV Today Network
• Signed a Memorandum of Understanding (MoU) with Creative Channel Advertising and Marketing for the proposed sale of FM radio broadcasting operations.
Bharat Electronics
• The Board will consider the declaration of an interim dividend for the financial year 2024-25.
Varun Beverages
• Extended the acquisition of SBC Beverages Ghana, up to March 31, from the previously intimated February 28.
Geojit Financial Services
• Plans to execute a Business Transfer Agreement with Geojit Investments on March 21 for the transfer of the securities broking business.
Vakrangee
• Announced a strategic corporate agency tie-up with Aditya Birla Health Insurance Company to expand the reach of health insurance solutions across the Vakrangee Kendra network.
