Sigachi Industries | Foreign investor 3 Sigma Global Fund sold nearly half of its stake in the company, selling 2.46 lakh equity shares at Rs 403.4 per share on the NSE, and offloading 3 lakh equity shares at Rs 402.01 per share on the BSE, the bulk deals data showed.
HP Adhesives | Foreign investor Nexus Global Opportunities Fund exited the company by selling 3,04,923 equity shares in the company at Rs 369.2 per share on the BSE, the bulk deals data showed. BW Traders bought 1,09,394 equity shares in the company at Rs 364.47 per share, however, Rajasthan Global Securities sold 2.23 lakh shares at Rs 364.6 per share on the NSE.
Varun Beverages | The company has incorporated a new company ‘Varun Beverages RDC SAS’ in the Democratic Republic of Congo to carry on the business of manufacturing, selling, trading and distribution of carbonated and non-carbonated beverages.
Blue Dart Express | ICRA has reaffirmed the long-term rating at AA and short-term rating at A1+ assigned to the company’s banking facilities. The outlook on the long-term rating is stable.
Kimia Biosciences | The company has been validated for supply of pharmaceutical raw material (Bilastine) to Bangladesh by Government of Bangladesh. This certificate of source validation is valid for 3 years from date of issue.
Indian Hotels Company | After the acquisition of balance 14.28 percent equity stake in ELEL Hotels and Investments (ELEL), which is holding the leasehold rights of the erstwhile Sea Rock hotel, ELEL has become a wholly owned subsidiary of the company.
Deep Industries | The company has received letter of award from GSPC LNG (GLL) for hiring of gas compression services at GSPC LNG Terminal, Mundra, Gujarat, for a period of 5 years. The total estimated value of the contract is approximate Rs 44.40 crore.
KPI Global Infrastructure | The company has received confirmation of the order for executing solar power project of 10 MWDC capacity from Colourtex Industries, Surat under ‘captive power producer (CPP)’ segment.
Dwarikesh Sugar Industries | ICRA has reaffirmed the long term rating for the bank facilities amounting to Rs 1,099.99 crore at A+/, with outlook revised to Positive from Stable.
Bharat Petroleum Corporation | Life Insurance Corporation of India acquired 2.019 percent stake in the company via open market transactions, increasing shareholding to 7.03 percent from 5.01 percent earlier.