Reliance Industries sells 3.50 crore shares of Asian Paints

The company has announced that 3.50 crore equity shares of Asian Paints held by Reliance Industries Limited through Siddhant Commercials Limited have been sold today at a price of Rs. 2,201 per share leaving a balance of 87 lakh equity shares of Asian Paints.

Shakti Pumps India receives LoA from MEDA for 4500 off-grid solar photovoltaic water pumping system

Shakti Pumps (India) Limited has received Letter of Award from Maharashtra Energy Department Agency (MEDA) for 4500 Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across the State of Maharashtra under MNRE Component-B of PM-KUSUM scheme. The total amount of the work order is for around Rs. 114.58 Crores (inclusive of GST).