Briefs: Hikal, Dai-ichi Karkaria, Punjab Alkalies and Chemicals, Godrej Agrovet and Adani Total Gas

Dai-ichi Karkaria has invested in rebuilding the plant destroyed in the fire.

HIKAL acquires 26% stake in two companies

HIKAL Ltd has announced the acquisition of 26% stake in Radiance MH Sunrise Two Private Limited and Radiance MH Sunrise Four Private Limited.

Dai-ichi Karkaria to start trial production at new plant

Dai-ichi Karkaria Limited has invested in rebuilding the plant destroyed in the fire. The production capacity has been restored and production trials shall commence within the next few weeks. Additional equipment could be added to the new plant to enhance the capacity further. The plant has been rebuilt utilizing internal accruals and a term loan from its bank.

Punjab Alkalies and Chemicals receives clearance for adding new product

Punjab Alkalies and Chemicals Ltd has received approval from Ministry of Environment, Forest and Climate Change, for amendment in the Environmental Clearance (EC) as previously granted by the Ministry for Addition of New Product Aluminium Chloride (AlCl3) of 16,500 MT/Annum at the existing facility at Naya Nangal, Dist. Rupnagar, Punjab, the approval is subject to fulfillment of certain conditions.

Godrej Agrovet sells land in Ambattur, Tamil Nadu for Rs. 71.36 Cr

Godrej Agrovet Limited has entered into two Sale Deeds dated December 12, 2022 for transfer of total land admeasuring 3.92 acres (approx.) situated at Ambattur, Tamil Nadu for a total consideration of Rs. 71.36 crore (approx.). Godrej and Boyce Manufacturing Company Limitedhas bought 0.65 acres (approx.) situated at Ambattur, Tamil Nadu for Rs.11.83 crore (approx.) and Minerva Veritas Data Centre Private Limited has bought 3.27 Acres (approx.) situated at Ambattur, Tamil Nadu for Rs.59.53 Crore (approx.)

Adani Total Gas receives LOA for EV charging stations in 8 cities

Adani Total Gas Limited has received Letter of Award from Convergence Energy Services Limited for "Selection of Bidder for Supply, Installation, Testing, Commissioning, Operation and Maintenance of Electric Vehicle Charging Stations in eight cities (Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Mumbai, Pune and Surat) on Build, Own and Operate (BOO) Model for a period of eight years".