Mazagon Dock Shipbuilders

The Government of India is set to sell up to a 4.83% stake in the company via an offer-for-sale (OFS) on April 4 and April 7. The OFS includes a base issue size of 2.83% and a greenshoe option of 2%. The floor price for the offer will be Rs 2,525 per share.

Jio Financial Services

The company and BlackRock have subscribed to and been allotted 6.65 crore equity shares of Jio BlackRock Investment Advisers, a 50:50 joint venture between the company and BlackRock, for Rs 66.5 crore. The joint venture will utilize the amount to fund its business operations. The aggregate investment in the joint venture to date is Rs 84.5 crore.

GR Infraprojects

The Arbitral Tribunal has declared the arbitration award related to the road project in Bihar and has held that the company is entitled to receive Rs 106.4 crore from the Government of Bihar, plus future interest on the said amount at the rate of 12% per annum from the date of this award until the date of realization.

Surya Roshni

The company has received an order worth Rs 116.15 crore from GAIL India for the supply of HFW 355.60 X 8.7 & 10.3 WT, GR X-70 PSL-2, coated pipes.

Alivus Life Sciences

The US Food and Drug Administration (US FDA) conducted an inspection at the company's API manufacturing facility in Ankleshwar, Gujarat, during January 27-31, 2025. Post-inspection, the USFDA issued an Establishment Inspection Report with a Voluntary Action Indicated status for the said manufacturing facility.

UltraTech Cement

The Board approved the acquisition of 6.42 crore equity shares of Wonder WallCare, for an enterprise value of up to Rs 235 crore. The company has executed a Share Purchase Agreement with Wonder Cement and Kushal Sogani for acquiring a stake in Wonder WallCare. After the acquisition, Wonder WallCare will become a wholly-owned subsidiary of the company.

Balaji Amines

The company has commissioned a 6 MW AC solar power plant, which will be operational in a phased manner under grid connectivity. The power from the 6 MW AC solar power plant will be utilized for captive consumption.

Paras Defence and Space Technologies

The defense engineering company has signed a strategic Memorandum of Understanding (MoU) with Israel-based MicroCon Vision (part of Controp and the Rafael Group). This collaboration will position Paras Defence as the exclusive supplier of advanced drone camera technology in India, at a much lower cost.

Sai Life Sciences

The company has inaugurated its Peptide Research Center at its R&D campus in Hyderabad.

Nestlé India

The company laid the foundation stone for its upcoming factory in Khordha, Odisha, which is slated to be its tenth factory in India. The factory will be set up with an initial investment of Rs 900 crore in its first phase

Ami Organics

The company has commissioned its 10.8 MW DC solar power plant as part of its solar facility in Pratapnagar, Gujarat. This plant comprises two captive solar plants, each with a capacity of 5.4 MW.

Zomato

The company's name and symbol will be changed from Zomato to ETERNAL, effective April 9.

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