Adani Green Energy

A meeting of the Management Committee of the Board of Directors of Adani Green Energy Limited will be held on August 26, 2021 to consider raising funds or borrow monies by offer, issue and allotment of securities including any senior secured or unsecured, senior or subordinated non-convertible debentures or any other permissible debt securities or by way of external commercial borrowings, whether denominated in Indian rupee and/or foreign currency (Securities), which may be issued in one or more tranches, in India or overseas, and that may be listed in any one or more stock exchanges in India or overseas, provided that the total amount does not exceed USD 75,00,00,000 or its equivalent in any currency(ies), on a private placement basis or otherwise, subject to applicable laws.

Shivalik Rasayan

Shivalik Rasayan Limited (SRL) has successfully submitted its first CEP for Europe in eCTD format for BUSULPHAN to EDQM yesterday.

Mangalam Organics

The Board of Directors of Mangalam Organics Limited has considered and approved the listing of existing issued and paid-up equity share capital of the Company viz., Rs. 8,56,44,400 divided into 85,64,440 equity shares of Rs. 10 each (which is already listed on BSE Ltd.), on National Stock Exchange of India's main listing board.

A-1 Acid

A-1 Acid Ltd has acquired 45% stake (within the investment limit approved by shareholders in the 17th AGM) of M/s. A-1 Sureja Industries, Partnership firm whose main object is to manufacture electric vehicles. Moreover, the government gives many incentives to e-vehicle industries. Therefore, there is higher opportunity for the expansion of business in e-vehicle industries.

Fairchem Organics

CARE Ratings Limited (CARE) has reviewed and upgraded the ratings of Fairchem Organics Limited as under:

- For Long-term Bank Facilities: Rs. 74.64 crores Revised from 'CARE A; Stable' to 'CARE A+; Stable (Single A Plus; Outlook stable)'

- For Long - term/Short - term Bank Facilities: Rs. 2.50 crores from ' CARE A; Stable / CARE A1' to 'CARE A+; Stable / CARE A1+ (Single A Plus; Outlook: Stable/A One Plus)