Adani Transmission has acquired 100% equity share capital of Obra-C Badaun Transmission (OCBTL) from PFC Consulting (PFCCL). OCBTL was incorporated in August, 2018 by PFCCL to build, own, operate and maintain the transmission project in Uttar Pradesh. The announcement was made after market hours on 24 December 2018.
Chemfab Alkalis said that the PVC-O project, at manufacturing facility at Sricity - Tada, Andhra Pradesh, has been commissioned successfully on Saturday, 22 December 2018 for manufacturing and selling of PVC - O pipes & fittings. The announcement was made after market hours on 24 December 2018.
J.K.Cement said that the meeting of the board of directors of the company is scheduled on 28 December 2018 to consider and approve issue price for equity shares to be allotted to Qualified Institutional Buyers in the QIP. The announcement was made after market hours on 24 December 2018.
Autoline Industries has entered into Memorandum of Understanding (MOU) on 24 December 2018 with Poddar Habitat to transfer the land and buildings thereon ('immovable property') at Pune. The company will utilize the sale proceeds to settle the debt that has a charge on the immovable property and reduce overall debt exposure of the company. The announcement was made after market hours on 24 December 2018.
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