Mechanical breakdown at GHCL Ltd's lime kiln

GHCL Ltd has announced that there was an unforeseen mechanical breakdown in one line of the lime kilns and this will result in lower production of Soda Ash by an estimated 30K MT in this quarter (i.e. 4th Quarter of FY 2022-23) and 15K MT in the following quarter (i.e. 1st Quarter of FY 2023-24). The management is making all possible efforts to bring this to normalcy as soon as possible.

ITC incorporates wholly owned subsidiary ITC Fibre Innovations

ITC Limited has incorporated a new wholly owned subsidiary in the name of ‘ITC Fibre Innovations Limited’ on 3rd March, 2023. The initial subscribed share capital of the said company would be Rs. 1 lakh.

BHEL bags CBIP Award 2022 for 'Best Contribution in Solar Energy’

BHEL has been awarded the CBIP Award 2022 for 'Best Contribution in Solar Energy’. The award was received by Dr. Nalin Shinghal, CMD, BHEL, along with Renuka Gera, Director (IS&P), BHEL from R. K. Singh, Union Minister of Power and New & Renewable Energy, on CBIP Day. CBIP awards are conferred for outstanding contribution to the development of water, power, and renewable energy sectors.

Sadhana Nitro Chem approves allotment of 65,20,606 equity shares

The Finance and Admin Committee of the Sadhana Nitro Chem Limited has considered and approved the Allotment of 65,20,606 Equity shares of the face value of Rs. 1 per share at an issue price of Rs. 153.36 each (including a premium of Rs. 152.36 per share), fully paid-up upon exercising the option available with Share warrant holders (person belonging to non-promoter category) to convert 65,20,606 warrants.

These equity shares allotted on exercise of the option of the Share warrants, shall rank pari passu in all respects with the existing equity shares, including dividend, if any.