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Grasim Inds
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| Grasim Industries announced the completion of acquisition of Chlor-Alkali Business of K.P.R. Industries (India) on 19 February 2019. |
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Linde India
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| Linde India announced that the Board of Directors of the Company at its meeting held on 19 February 2019, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders. |
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ION Exchange
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| Ion Exchange (India) has concluded a joint venture agreement with AWJ ENERGY LLC to strengthen its operations in Saudi Arabia.
Ion Exchange (India) will hold 60 % stake in the Joint Venture under the name and style "ION Exchange Arabia". The balance 40% stake will be held by AWJ ENERGY. |
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Piramal Enterp.
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| The Supreme Court of India has ruled in favor of Saridon,
a heritage brand from the healthcare product portfolio of Piramal Enterprises (PEL), exempting its formulation from the list of banned FDCs (Fixed Dose Combinations).
In September 2018, PEL had been awarded a stay order from the Supreme Court on the ban, which allowed it to continue manufacturing, distribution and sale of the FDC. Saridon, amongst the most trusted heritage analgesic brands in India, enjoys strong customer allegiance globally. |
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Sh. Dinesh Mills
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| The Board of Shri Dinesh Mills at its meeting held on 20 February 2019 has approved allotment of 5 lakh convertible warrants at price of Rs 150 per warrant aggregating to Rs 7.50 crore to the promoters/ promoter group on preferential basis. |