Grasim Industries approves Rs. 2,000 crore non-convertible debenture issue

The Board of Directors of the Grasim Industries has approved the issuance of Non-Convertible Debentures on private placement basis, for an amount not exceeding Rs. 2,000 crore, in one or more tranches.

Shakti Pumps India receives empanelment letter from MSEDCL

Shakti Pumps (India) Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 25,000 stand-alone off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Scheme. The total value of the 25000 pumps is around Rs. 754.30 crores (inclusive of GST) which is to be executed within 60 days from the issuance of NTP/work order.