Prestige Estates Projects

The south-based real estate company has raised Rs 5,000 crore via Qualified Institutions Placement (QIP) at an issue price of Rs 1,674 per share.

KEC International

The RPG Group company has secured new orders worth Rs 1,423 crore for the design, supply, and installation of 380 kV transmission lines in Saudi Arabia. With these orders, its year-to-date order intake stands at over Rs 11,300 crore.

Ashoka Buildcon

The company's subsidiary, Viva Highways, has monetized its land under its real estate portfolio in Hinjewadi, Pune, for Rs 453 crore.

NLC India

The Coal Ministry has allocated the Machhakata Coal mine to NLC India. This coal mine has reserves of 1.4 billion tonnes, with an average grade of G10 - G11, and a capacity of 30 MTPA. It is NLC's second commercial coal mine.

Pidilite Industries

The company has entered into an exclusive distribution agreement with CollTech Group, which manufactures adhesives and thermal management solutions. Pidilite will serve as the exclusive distributor of CollTech’s products in India.

Sundaram-Clayton

The company has commissioned the commercial production of aluminum die castings effective September 5. The new facility, located in the industrial area of the State Industries Promotion Corporation of Tamil Nadu (SIPCOT), has an initial annual capacity of 7,750 MT of aluminum die castings.

PDS

The company will further invest Rs 84 crore ($9.9 million) in its subsidiary, Multinational Textile Group, which is incorporated under the laws of Mauritius, in one or more tranches.

Venus Pipes

The Directorate of Revenue Intelligence conducted a search at the registered and corporate offices of Venus Pipes & Tubes on September 5, for alleged evasion of customs duty on imported goods.

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