Eagle Eye Network
Eagle Eye Network
February 6, 2025 at 02:46 PM
*CLOSING BELL* Date: 6-Feb-2025 📍 *Order Wins* - *Sathlokhar Synergys E&C* wins ₹40.5 crore order from Muthiah Beverage and Confectionery. - *JNK India* wins up to ₹50 crore order for equipment supply to Pengerang Biorefinery project in Malaysia. - *Atmastco* wins ₹55.22 crore order from Megha Engineering for HPCL Rajasthan Refinery's Polypropylene Unit. - *Meson Valves India* wins ₹31.61 crore order for industrial sectors including oil & gas, power, and steel. - *HG Infra* and *D.E.C. Infrastructure* win ₹2,469 crore order from Rail Land Development Authority (RLDA). 📍 *Acquisitions* - *Trent* approves the sale of 1.75 lakh equity shares (49% stake) in Massimo Dutti India to Grupo Massimo Dutti, Spain, for ₹20.75 crore. - *Sun TV* wins GBP 100.5 million bid for 100% equity in Northern Superchargers Ltd, a franchisee of The Hundred cricket league. --- 📍 *Leadership Changes* - *Zomato* CEO announces the renaming of the company to "Eternal Ltd." while maintaining brand names for services like Zomato, Blinkit, etc. --- 📍 *New Projects* - *HG Infra* incorporates a wholly owned subsidiary, H.G. Gujarat Bess Pvt Ltd, for Battery Energy Storage projects. - *EaseMyTrip* and Sabah Tourism Board sign an MoC to boost Sabah’s visibility among Indian travelers. - *NTPC Green* forms a 50:50 JV with Andhra Pradesh to develop renewable energy projects and green hydrogen production. - *Kaushalya Logistics* expands with a new depot in Kurukshetra, Haryana, under Adani Cement. - *Tata Power* resumes power supply from its Trombay Unit 5, supplying 500 MW to Mumbai. --- 📍 *Miscellaneous* - *Adani Enterprises* plans ₹30,000 crore capex for FY25, down from an earlier guidance of ₹80,000 crore. - *Kalyan Jewellers* creates an additional pledge in favor of KJG Consulting for NCD issuance, increasing the pledge to 10.73%. - *Godavari Power* receives approval from the Chhattisgarh Environment Conservation Board to increase Sponge Iron capacity from 495,000 to 594,000 MT per annum. - UP Alcohol Price to rise from April 1 as per the new excise policy, with liquor shop allotments via e-lottery for FY56. - *MTAR Technologies* secures ₹200 crore in orders across clean energy, nuclear, aerospace, and space sectors. - *MTNL* has its credit facilities classified as Non-Performing Assets (NPA) by Indian Overseas Bank. - *Uday Kotak* and family buy a ₹202 crore residential property at Mumbai’s Worli Seaface. - *Ester Industries* expects sustained profitability improvement in packaging through better product mix and operating leverage. --- 📍 *Collaboration* - *Eicher Motors* introduces the limited edition Royal Enfield Shotgun 650 in collaboration with ICON Motors. - *IndiGo* signs a damp lease agreement with Norse Atlantic Airways for a wide-body aircraft. - *Zomato* signs MoC with Sabah Tourism Board to enhance visibility among Indian travelers. --- 📍 *Fundraising* - *Kaushalya Logistics* expands operations with a new depot in Kurukshetra, Haryana. --- 📍 *New Product Launches* - *Eicher Motors* launches the limited edition Royal Enfield Shotgun 650. --- 📍 *Other* - *Voltas* to challenge the court order for the encashment of Bank Guarantees (BGs), with a payment of QAR 166 million. - *Zomato* announces a corporate name change to "Eternal Ltd." while continuing to operate under brand names like Zomato, Blinkit, etc. - *Allied Digital* receives a Letter of Award for the upgradation and modernization of MSETCL’s network using SD-WAN. --- 📍 *Regulatory Updates* - *Godavari Power* receives final approval from the Chhattisgarh Environment Conservation Board for the capacity expansion of its Sponge Iron Division.

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