Glenmark Pharmaceuticals: The company and Glen Saldanha will sell up to a 7.85% stake via an offer-for-sale at a floor price of Rs 810 per share. OFS will open for non-retail investors on July 11 and for retail investors on July 12.
GE Power India: The company is to sell its hydro business undertaking to GE Power Electronics and its gas power business undertaking to GE Renewable Energy Technologies through slump sales.
IRB Infrastructure Developers: The company’s gross toll collection was up 35% year-on-year at Rs 517 crore in June
Bajaj Healthcare: The company approved raising up to Rs 137 crore through the preferential issue of shares.
Shalby: The company received the Mumbai Charity Commissioner’s nod for executing a 30-year lease for Asha Parekh Hospital in Santa Cruz, Mumbai. This order will enable Co. to construct a new 175+-bed healthcare facility.
IRCTC: The company, DMRC, and CRIS collaborated to promote the ‘One India – One Ticket’ initiative, enhancing the travel experience for main-line railway and metro passengers in the Delhi NCR area
Asian Paints: The company confirmed a price hike across the portfolio by approximately 1%, to be effective July 22.
Oriana Power: The company received a new order worth Rs 155 crore for a 40 MWp solar plant in Rajasthan