Cipla’s promoter group is looking to sell up to 2.53 per cent stake in Cipla through a block deal at an offer size of ₹2,637 croresources told business lineThe price range is expected to be between ₹1,289.50 and ₹1,357.35, per sources.
Mahindra & Mahindra said that Mahindra Holdings, wholly owned subsidiary of the company, to sell its 30.83 per cent stake in New Delhi Center for Sight Ltd for ₹425.4 crore to Space Investments, Defati Investments & Infinity Partners.
Quick service restaurant operator Devyani International Ltd (DIL) and cinema exhibitor PVR INOX said on Tuesday they will jointly establish a company for development and operation of food courts within shopping malls in India. This partnership will empower DIL and PVR INOX to reach a wider audience and expand their market presence, the two firms said in a joint statement.
Siemens Ltd said on Tuesday it will demerge its energy business into a separate listed entity to focus on core businesses that meet the demands of shareholders at its German parent, Siemens AG. Siemens Ltd in December 2023 had said that it was exploring a spin-off of its energy business at the behest of some of its stakeholders. Siemens Energy sold an 18 per cent stake in the Indian entity to Siemens AG for about €2.1 billion to enable the demerger. The German engineering group had spun off and listed Siemens Energy in 2020. Shareholders of Siemens Ltd will receive one share of Siemens Energy India for every share held, the company said.
Results Calendar: A2Z Infra Engineering Limited, Abc Gas (International) Ltd., Aik Pipes And Polymers Ltd., Amanaya Ventures Ltd., Arihant Superstructures Limited, Asahi India Glass Ltd., Bharat Seats Ltd., Bmw Industries Ltd., BN Holdings Ltd., Cantabil Retail India Ltd., Clean Science And Technology Ltd., CMS Info Systems Ltd., Containerway International Ltd., Cosmic CRF Ltd., Cosmo First Ltd., CSL Finance Ltd., Deccan Bearings Ltd., Deep Industries Ltd., Dixon Technologies (India) Ltd., Delton Cables Ltd., Duncan Engineering Ltd., Esaar (India) Ltd., Finkurve Financial Services Ltd., Freshtrop Fruits Ltd., Ganges Securities Ltd., Gccl Infrastructure & Projects Ltd., Goa Carbon Ltd ., Gokul Agro Resources Ltd., Granules India Ltd., Gtl Ltd., Gujarat Credit Corporation Ltd., Honeywell Automation India Ltd., Hpl Electric & Power Ltd., Indian Energy Exchange Ltd., Jhandewalas Foods Ltd., Jost’s Engineering Co . Ltd., Jindal Stainless Ltd., Jyothy Labs Ltd., Kisan Moldings Ltd., Kokuyo Camlin Ltd., Kusam Electrical Industries Ltd., Lic Housing Finance Ltd., Mankind Pharma Ltd., Medi Assist Healthcare Services Ltd., Megasoft Ltd. , Modella Woollens Ltd., Moil Ltd., Mukand Ltd., Nagarjuna Fertilizers And Chemicals Ltd., National Plastic Technologies Ltd., Ncc Limited, Nectar Lifesciences Ltd., Nirlon Ltd., Nlc India Ltd., Nureca Ltd., Omkar Overseas Ltd., Palash Securities Ltd., Panabyte Technologies Ltd., Paradeep Phosphates Ltd., Power Finance Corporation Ltd., Pitti Engineering Ltd., Premco Global Ltd., Pricol Ltd., Rama Vision Ltd., Rane Holdings Ltd., Redington Ltd ., Regent Enterprises Ltd., R&B Denims Ltd., Keystone Realtors Ltd., Sandur Manganese & Iron Ores Ltd., Sbc Exports Ltd., Sea Tv Network Ltd., Sequent Scientific Ltd., Sicagen India Ltd., Signatureglobal (India) Ltd., Snl Bearings Ltd., Somany Ceramics Ltd., Shriram Asset Management Co. Ltd., Step Two Corporation Ltd., Transport Corporation Of India Ltd., Thomas Cook (India) Ltd., Tijaria Polypipes Ltd., Thirumalai Chemicals Ltd., Titagarh Rail Systems Ltd., Trf Ltd., Tuticorin Alkali Chemicals And Fertilizers Ltd ., Umiya Tubes Ltd., UY Fincorp Ltd., Vaxfab Enterprises Ltd., Visaka Industries Ltd., Wonder Electricals Ltd., Welspun Investments And Commercials Ltd.