Eicher Motors
Royal Enfield has commenced operations of its manufacturing unit (Category 2) and flagship showroom in Bangladesh. The company has set up business in collaboration with IFAD Motors in Bangladesh. The new manufacturing facility is Royal Enfield’s sixth assembly unit outside India, following Nepal, Brazil, Thailand, Colombia, and Argentina.
Epigral
The company has opened its Qualified Institutions Placement (QIP) issue on October 21. The floor price has been fixed at Rs 2,203.29 per share.
Lemon Tree Hotels
The company has signed a License Agreement for a hotel property with 72 rooms in Kalaburagi, Karnataka. The property will be managed by its subsidiary, Carnation Hotels, and is expected to open in FY27.
Sona BLW Precision Forgings
The company has inaugurated its new plant in Manesar, Haryana. This is the company's second plant for the driveline business in IMT Manesar. This plant will assist in catering to the growing demand for the company's driveline products.
Sunteck Realty
Mahesh Sheregar has retired as Chief Executive Officer of International Operations, effective October 21.
MAS Financial Services
The company has entered into a strategic co-lending partnership with UCO Bank for lending to micro, small, and medium enterprises (MSMEs).
Sterling and Wilson Renewable Energy
Bahadur Dastoor has resigned from the position of Chief Financial Officer, effective October 21.
Rail Vikas Nigam
The company has incorporated its wholly owned subsidiary, 'Company Rail Vikas Nigam' in Saudi Arabia, effective October 18.
Ola Electric Mobility
Ola Electric has reported that 99.1% of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA) have been resolved. The company has provided the requested information and clarifications in response to the Show Cause Notice from the CCPA. Ola has a robust mechanism in place to address complaints related to its vehicles.
Vikasdhan - Grow your Dhan with Vikasdhan.
Disclaimer- not an investment advice, only for educational purpose. Read full disclaimer. https://vikasdhan.com/disclaimer