Date:24-Mar-2023  Time: 2:38 AM

Aravali Sec.&Fin ( 23-Mar-23 )

Aravali Securities & Finance will hold a meeting of the Board of Directors of the Company on 31 March 2023.

Bajaj Hindusthan ( 23-Mar-23 )

Bajaj Hindusthan Sugar (BHSL) has acquired 98.01 % shareholding (post conversion) of Phenil Sugars (PSL) by way of conversion of existing preference shares into equity shares.

There is a substantial appreciation in value of assets (mainly land) of PSL's both plants at Basti and Govindnagar. Accordingly it is recommended to take control over PSL to realise the investments made by BHSL in PSL. After taking control of PSL, BHSL may take necessary steps to realize amount by selling the assets of PSL in appropriate manner and/or putting the assets to appropriate usage.

Larsen & Toubro ( 23-Mar-23 )

Larsen & Toubro has entered into an Electrolyzer Manufacturing Binding Agreement with McPhy Energy (Euronext Paris: FR0011742329, MCPHY.PA), a France-based leading electrolyzer technology and manufacturing company, for a long-term partnership to explore the opportunities unfolding in the emerging Green Hydrogen market.

Under this partnership, McPhy will grant an exclusive license of its pressurised alkaline electrolyzer technology to L&T for manufacturing of electrolyzers, including future product upgrades. L&T plans to set up a Gigawatt-scale manufacturing facility for electrolyzers based on McPhy technology in India to serve the domestic requirements as well as cater to the other selected geographies.

The proposed agreement is in line with L&T's strategic vision to be present across the green energy value chain and also furthers McPhy's aim to expand beyond the European market.

Hind.Fluoro Carb ( 23-Mar-23 )

Hindustan Fluoro Carbons will hold a meeting of the Board of Directors of the Company on 31 March 2023.

Patel Engineerin ( 23-Mar-23 )

Patel Engineering has emerged as L1 bidder in Financial Bid Opening through e] Reverse Auction for the tender invited by NHPC, for Construction of Civil Works for LOT]4: Comprising Head Race Tunnels including Intake, Pressure Shafts, Penstocks, Power House & Transformer Cavern, Tail Race Tunnels, Pothead Yard, Adits etc. for Dibang Multipurpose Project 2880 MW (12 X 240 MW), located in Arunachal Pradesh, India.

The said Project is to be executed in a period of 86 months.

The Project is to be executed in a Joint Venture, of which PELfs share is 50%.

Man Industries ( 23-Mar-23 )

Man Industries (India) has inaugurated and started the production at the new plant at Anjar, Gujarat on 22 March 2023 for manufacturing of ERW API Grade Line Pipes to serve hydro-carbon and CGD sector.

Titan Intech ( 23-Mar-23 )

Titan Intech will hold a meeting of the Board of Directors of the Company on 3 April 2023.

B N Rathi Sec. ( 23-Mar-23 )

B N Rathi Securities will hold a meeting of the Board of Directors of the Company on 25 March 2023.

Source:Capital Market
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