
My Wealth Train
May 30, 2025 at 01:41 PM
EVENING BULLETIN* 🚦
*Date: 30-May-2025*
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📍 *Order Win*
*ADANI ENERGY*: Wins ₹1,660 crore inter-state transmission project in Maharashtra.
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📍 *Acquisition*
*ADANI ENERGY (AESL)*: Acquires WRNES Talegaon Power Transmission Ltd.
*DRONEACHARYA AERIAL*: To acquire remaining 49% stake in DA Miltech Pvt Ltd.
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📍 *Collaboration / Partnership*
*DIAMOND POWER*: Partners with TS Conductor, USA to produce advanced transmission conductors.
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📍 *Leadership Changes*
*LTIMINDTREE*: CEO Debashis Chatterjee steps down; Venu Lambu to take over from May 31, 2025.
*LTIMINDTREE*: Venu Lambu, ex-Randstad Digital CEO, appointed as new CEO.
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📍 *New Projects*
*INDIAN OIL (IOC)*: Launches India’s largest green hydrogen project at Panipat.
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📍 *Fundraising*
*EQUITAS SFB*: Approves QIP fundraise up to ₹1,250 crore.
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📍 *FII Stake Changes / Bought-Sold*
*ITC*: GQG Partners increases stake to 5.47% via block deal on May 28; BAT sells its stake.
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📍 *Regulatory Approval*
*ASTRAZENECA PHARMA INDIA*: Gets CDSCO approval to import Fasenra (Benralizumab) for EGPA.
*CIPLA*: USFDA issues one observation during Bommasandra plant inspection.
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📍 *Clarification*
*SPANDANA SPHOORTY*: Denies any forensic audit underway or SEBI-related disclosure.
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📍 *Legal / Compliance*
*UNITED DRILLING*: Director taken into judicial custody in ongoing CBI investigation.
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📍 *Patent / Innovation*
*MRPL*: Gets US patent for isobutyl benzene synthesis process; pilot plant underway.
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📍 *Listing*
*ARFIN INDIA*: Board approves direct listing on NSE without public offer.
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📍 *Q4 Results*
*EQUITAS SFB*: Q4 fundraising approval follows strong quarterly performance.
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📍 *Strategic Decision*
*TILAK VENTURES*: To consider sale of Yosto Ventures Pvt Ltd on June 4.
*MAX INDIA*: Approves senior living deal, reappoints MD and director, and begins UK subsidiary liquidation.
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📍 *Business Update*
*TIL LIMITED*: Reports 4x revenue growth to ₹343 crore, ₹40 crore EBITDA, and new partnerships.
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📍 *Technology Transfer*
*NIBE*: Signs LAToT with DRDO for Pinaka MBRL and Battery Command Post.
Stay Updated 🚦