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KANODIA CEMENT LIMITED FILES DRHP WITH SEBI

KANODIA CEMENT LIMITED FILES DRHP WITH SEBI

#KANODIACEMENTDRHPSEBI Chandigarh: Kanodia Cement Limited (“the Company”), a cement manufacturing company operating through satellite grinding units (“SGUs”) in the states of Uttar Pradesh and Bihar, specializing in the production of blended cement such as Portland Pozzolana Cement and Composite Cement has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).  The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises ‘Offer for Sale’ of up to 14,913,930 equity shares with face value Rs.10 each share. As per the CRISIL Report, Kanodia Cement…
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Groww files confidential IPO papers with SEBI

Groww files confidential IPO papers with SEBI

#GrowwfilesIPOpapersSEBI Chandigarh: Groww, India’s largest stock broking firm by active investor base, has confidentially filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). According to sources familiar with the matter, the IPO size is expected to be around $700 mn - $1 bn, comprising a mix of a fresh issue and an offer for sale component. The company is backed by marquee investors like Peak XV, RIBBIT, YC, ICONIQ, Tiger Capital, and Microsoft CEO Satya Nadella. Proceeds from the IPO are expected to be invested in technology development and business expansion. As reported…
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SCODA TUBES LIMITED ₹220 CRORE IPO TO OPEN ON MAY 28, 2025, Price Band ₹130 to ₹140

SCODA TUBES LIMITED ₹220 CRORE IPO TO OPEN ON MAY 28, 2025, Price Band ₹130 to ₹140

#SCODATUBESIPOon28May #ScodaTubesIPO ·         Price Band fixed at ₹130 to ₹140 per Equity Share of face value of ₹ 10 each (“Equity Shares”); ·         Bids can be made for a minimum of 100 Equity Shares and in multiples of 100 Equity Shares thereafter; ·         RHP link: https://www.mnclgroup.com/storage/scoda-tubes-rhp.pdf Chandigarh: Scoda Tubes Limited (“STL” or “The Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Wednesday, May 28, 2025. The Anchor Investor Bidding Date shall be Tuesday, May 27, 2025. The Bid/Issue will open on Wednesday, May 28, 2025 for subscription and will close on Friday,…
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Tata Steel inaugurates Phase II expansion of Kalinganagar operations

Tata Steel inaugurates Phase II expansion of Kalinganagar operations

#TataSteelexpansionKalinganagar ~ Annual capacity of the state-of-the-art facility in Odisha jumps from 3 to 8 million tonnes with an investment of Rs 27,000 crore ~ Chandigarh: Hon’ble Chief Minister of Odisha Shri Mohan Charan Majhi today inaugurated the expanded Tata Steel Kalinganagar (TSK) plant, taking the crude steel capacity from 3 to 8 million tonnes per annum (MTPA). The inauguration event was held at the Kalinganagar plant in Jajpur district, in the presence of senior state leaders, members of the local community, Tata Steel’s CEO & MD T. V. Narendran, and other members of the senior leadership. Shri Pradeep Bal Samanta,…
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Venus Remedies Secures Ukrainian GMP Renewal, Strengthening Global Pharmaceutical Presence

Venus Remedies Secures Ukrainian GMP Renewal, Strengthening Global Pharmaceutical Presence

#VenusRemediesUkrainianGMP Chandigarh: Venus Remedies Limited (NSE: VENUSREM, BSE: 526953), a leading global pharmaceutical company, has successfully renewed its Good Manufacturing Practices (GMP) certification from Ukraine's State Service on Medicines and Drugs Control (SMDC). The certification applies to the company's Unit-II manufacturing facility located in Baddi, Himachal Pradesh, covering its cephalosporin, non-cephalosporin (carbapenem), and oncology parenteral production lines, including liquid and lyophilized injections. "Renewal of the Ukrainian GMP certification underlines our unwavering commitment to maintaining world-class manufacturing standards. This milestone not only reinforces our foothold in the Ukrainian market but also facilitates deeper penetration into PIC/S markets, significantly enhancing our international…
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रिलायंस ने पूर्वोत्तर राज्यों के लिए रखा 75 हजार करोड़ का निवेश लक्ष्य

रिलायंस ने पूर्वोत्तर राज्यों के लिए रखा 75 हजार करोड़ का निवेश लक्ष्य

#Relianceinvestment75000croreNE • 25 लाख नए रोजगार मिलेंगे • इस वर्ष पूर्वोत्तर में 1 करोड़ लोग जियो 5जी नेटवर्क से जुड़ जाएंगे • 350 बायोगैस संयंत्र लगाएगी रिलायंस  नई दिल्ली: रिलायंस इंडस्ट्रीज के चेयरमैन मुकेश अंबानी ने पूर्वोत्तर राज्यों में अपने निवेश को 75 हजार करोड़ करने का लक्ष्य रखा है। अभी कंपनी का इन राज्यों में करीब 30 हजार करोड़ का निवेश है। यानी अगले पांच वर्षों में रिलायंस इन राज्यों में करीब 45 हजार करोड़ रुपये का नया निवेश करने जा रही है। मुकेश अंबानी दिल्ली के भारत मंडपम में चल रही ‘राइजिंग नॉर्थईस्ट इन्वेस्टर्स समिट’ में बोल रहे…
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Trident Limited Announces of first Interim Dividend @ 50% of face value

Trident Limited Announces of first Interim Dividend @ 50% of face value

#TridentLimitedInterimDividend  #TridentQ4andFY25Results New Delhi: Trident Limited has reported financial results for the fourth quarter and financial year ended March 31, 2025. Commenting on the results, Mr. Deepak Nanda, Managing Director, Trident Limited, said, “As we reflect on Trident Limited’s Q4 and FY25 results, it's evident that amidst challenging macroeconomic conditions, our company has showcased year-on-year growth, We have significantly strengthened our balance sheet by reducing net debt by INR 635 Crore and improving our Debt Equity Ratio to 0.19 from 0.35. Furthermore, our financial health has been reinforced through an improvement in the Current Ratio from 1.58 to 2.01 on a…
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Baroda BNP Paribas MF launches its Multi Asset Active Fund of Funds NFO closes on May 26

Baroda BNP Paribas MF launches its Multi Asset Active Fund of Funds NFO closes on May 26

#BarodaBNPParibasMF  #BarodaMultiAssetActiveFund Chandigarh: Baroda BNP Paribas AMC has launched Baroda BNP Paribas Multi Asset Active Fund of Funds (FOF). The fund proposes to invest across debt, equity and gold schemes. The NFO opens on May 15 and closes on May 26. The fund will invest majority of corpus in debt funds by investing minimum of 55% of the total corpus in Baroda BNP Paribas Short Duration Fund. The fund will also invest a minimum of 15% each in Baroda BNP Paribas Large Cap Fund and Baroda BNP Paribas Gold ETF. Prashant Pimple and Pratish Krishnan, who each bring more than…
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Poonawalla Fincorp Accelerates AI-led Transformation in Customer Engagement and Compliance

Poonawalla Fincorp Accelerates AI-led Transformation in Customer Engagement and Compliance

#PoonawallaFincorpAITransformation Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC focused on Consumer and MSME lending, today announced the deployment of AI-powered solutions in its marketing and compliance functions, reshaping the way it engages with customers digitally and responds to regulatory requirements with greater agility. As part of its marketing transformation, PFL is developing a suite of AI-powered solutions to build a robust and scalable data-driven ecosystem, redefining customer engagement and marketing strategies. These solutions aim to enhance customer targeting precision, optimize acquisition costs, and deliver personalized experiences, driving efficiency and growth. PFL has deployed an AI-driven customer targeting…
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IHCL STEPS INTO ALIBAUG, OPENS TAJ ALIBAUG RESORT & SPA, MAHARASHTRA

IHCL STEPS INTO ALIBAUG, OPENS TAJ ALIBAUG RESORT & SPA, MAHARASHTRA

#IHCLTAJALIBAUGRESORT    Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Taj Alibaug Resort & Spa, Maharashtra, a coastal sanctuary nestled amidst swaying palms and lush landscapes. Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Located across the shore, Alibaug has long been a favoured leisure destination for Mumbaikars. The launch of Taj Alibaug Resort & Spa marks IHCL’s debut in this micro-market, further strengthening our presence in Mumbai’s leisure circuit and expanding our brandscape and footprint in Maharashtra.” The 156-key Taj Alibaug Resort & Spa, Maharashtra is a seaside haven that blends nature’s…
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