Berger Paints may gain on plans to build integrated paint plant

Berger Paints India said that the company is considering putting up an integrated paint plant at Sandila Industrial Area near Lucknow in UP. The details of the project are being worked out. The announcement was made after market hours yesterday, 26 February 2018.

Gujarat Sidhee Cement said that the company has commissioned 5.5 MW waste heat recovery power plant with effect from 25 February 2018. The announcement was made after market hours yesterday, 26 February 2018.

Uniply Industries said that the company has incorporated a wholly owned subsidiary company namely Uniply Blaze on 13 February 2018 to enhance the mechanical, electrical, plumbing and communication verticals of the company. The announcement was made after market hours yesterday, 26 February 2018.

Punjab National Bank announced that quantum of reported unauthorized transactions can increase by around $204.25 million. The bank had informed about massive fraud in one of its Mumbai branches earlier this month. The announcement was made after market hours yesterday, 26 February 2018.

Jain Irrigation Systems said that its subsidiary Jain Farm Fresh Foods, India (JFFFL), through its multi generation wholly owned subsidiary in Belgium has acquired 100% stake in INNOVAFOOD N.V. Belgium and its affiliate companies.

Founded in year 2000, Innovafood is a leading importer, stockist and distributor of food ingredients and has become one of the leading player in the dehydrated vegetables, spices and other food ingredients in Belgium, The Netherlands, France and other neighbouring countries. The announcement was made after market hours yesterday, 26 February 2018.

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