Suzlon Energy

Suzlon Energy acquires 51 percent of the equity share capital of Renom. With the said acquisition, Renom has now become a subsidiary of the company.

RBM Infracon

RBM Infracon bagged order worth Rs 3,498 crore including Rs 3,371 crore for crude and Rs 127 crore for gas at Nandej from Oil & Natural Gas Corporation.

Mazagon Dock Shipbuilders

Mazagon Dock received order worth Rs 1,486 crore from Oil & Natural Gas Corporation. The order is for a subsea pipeline replacement project on an engineering, procurement and construction (EPC) reimbursable basis.

SpiceJet

SpiceJet to issue shares to Carlyle Aviation to convert dues into equity. Carlyle Aviation to purchase SpiceJet shares to settle a part of its dues worth $137.68 million. Restructuring deal with Carlyle Aviation to cut SpiceJet's dues from $137.68 million to $97.51 million. With this, SpiceJet will convert Carlyle Aviation's dues worth $40 million into equity.

Godfrey Phillips

Bina Modi has been reappointed as MD of Godfrey Phillips, with nearly 87 percent of shareholders voting in favour of her reappointment. The Delhi High Court had allowed Bina Modi to vote in the AGM on behalf of the 48 percent shareholding of KK Modi family trust.

Suven Pharma

The US Food & Drug Administration (US FDA) has classified Suven Pharma subsidiary--Casper Pharma's formulations manufacturing facility at Hyderabad as 'Voluntary Action Indicated' (VAI). With this, the drug regulator has also closed its inspection of the said facility.

Zydus Lifesciences

The drugmaker has been issued a GST demand order of Rs 16.76 crore by the  Central Goods and Service Tax, Goa Commissionerate. The demand is raised in respect of allegedly availing ineligible ITC without proof of actual receipt of services from FY 2017-18 to 2019-20.

Ami Organics

The company announced the completion of good manufacturing practices (GMP) inspection by the Pharmaceutical and Medical Devices Agency Japan for the company's manufacturing facility unit at Surat. The result declared the said facility as GMP compliant.

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