Adani Enterprises, NDTV: AMNL is 100% subsidiary of Adani Enterprises Restricted (AEL). RRPR is a promoter group firm of NDTV and holds 29.18% stake in NDTV. AMG Media Networks Restricted (AMNL)’s wholly owned subsidiary Vishvapradhan Industrial Personal Restricted (VCPL) holds warrants of RRPR Holding Personal Restricted (RRPR) entitling it to transform them into 99.99% stake in RRPR. VCPL has exercised warrants to accumulate 99.5% stake in RRPR. Such acquisition will lead to VCPL buying management of RRPR.
Maruti Suzuki India: The automotive main has recalled 166 Dzire Tour S automobiles manufactured between 6 August 2022 to 16 August 2022 to interchange airbag management unit. Maruti Suzuki India stated it can change airbag management unit freed from price in these automobiles.
Chennai Petroleum Company Restricted (CPCL): At its assembly thought of and accredited the Proposal for formation of a Joint Enterprise Firm amongst CPCL, Indian Oil Company and Different Seed Fairness Buyers viz., Axis Financial institution Restricted, HDFC Life Insurance coverage Firm Restricted, ICICI Financial institution Restricted, ICICI Prudential Life Insurance coverage Firm Restricted and SBI Life Insurance coverage Firm Restricted for Implementing the 9 MMTPA Refinery Mission at Cauvery Basin Refinery, Nagapattinam District, at an estimated price of Rs 31,580 crore (+/- 10% accuracy).
Arvind SmartSpaces: The corporate introduced signing of an settlement with HDFC Capital Reasonably priced Actual Property Fund – 3 (HCARE – 3) for the creation of residential improvement platform with a income potential of upto Rs 5000 crore.
UGRO Capital: The assembly of the Funding and Borrowing Committee of the Board of Administrators is scheduled to be held on 26 August 2022 to think about and approve elevating of funds by means of issuance of Non-Convertible Debentures by way of non-public placement foundation.
Monarch Networth Capital: Monarch Different funding Fund (AIF) has raised Rs 252 crore in its second closed-ended cat-3 fairness AIF fund. This cash was raised from a set of UHNls, corporates and household workplaces.
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(This story has not been edited by Enterprise Commonplace workers and is auto-generated from a syndicated feed.)
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