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

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