The bio-ATF plant, having non edible oils and used cooking oil as feedstock, shall be 1st of its kind in India and based on technology developed by CSIR-IIP and EIL.
Aarti Surfactants to raise Rs. 49.60 crores through rights issue
The Right Issue Committee of the Board of directors of Aarti Surfactants has approved the following terms of the Rights Issue. Instrument: Partly paid-up equity shares having a face value of Rs.10/- each upto Rs. 49.60 crores. Appointment of Merchant Banker: Fedex Securities Private Limited has been appointed as 'Lead Manager / Merchant Banker' in respect of the said issue and to carry out the process of due diligence.
Indian Energy Exchange to explore business opportunities in Carbon Market
The Board of Directors of Indian Energy Exchange Limited in their meeting held on November 25, 2022, has accorded its in-principle approval for the formation of a wholly-owned subsidiary company in India to explore the business opportunities in Carbon Market.
Pondy Oxides and Chemicals recognized as 3 Star export house
Pondy Oxides and Chemicals Limited has been felicitated with a Certificate of recognition as "Three Star Export House" received on 23rd November 2022 from Directorate General of Foreign Trade, Ministry of Commerce & Industry, Govt. of India and this esteemed recognition is based on an exceptional performance in international trade and successful achievement of desired export performance. Further, this recognition will help the Company in ease of doing businesses, easier facilitation of various export licensing norms, relaxation of business norms being issued by Government, various export related benefits and self-recognition among category of export Houses.
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