With this collaboration, both companies aim to build a localised supply chain that can serve critical engine requirements for the country’s air defence.
The receipt of the EIR marks the formal closure of the US health regulator’s pre-approval inspection, which was conducted between February 19 and February 25, 2025.
The transaction is expected to be completed on or before July 31, 2025, depending on the timelines of each phase.
The Group’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose by 8.2%, reaching ₹89,806 crore on an adjusted basis.
Last week, Bajel Projects also secured a major transmission order from PowerGrid Corporation of India Limited (PGCIL).
On successful completion of this acquisition, Sundaram Finance’s stake in IMPAL will increase from existing 20% to 24.99%.
Tabular alumina is a premium-grade alumina used in critical applications through refractories, ceramics, and advanced manufacturing.
Its IPO of upto INR 5,400.00 million comprises of both a fresh issue and offer for sale from its existing shareholders/promoters.
This latest contract covers multiple scopes structural construction, interior finishing, and full-scale MEPF (mechanical, electrical, plumbing, and firefighting) work for Sector 07 of the project.
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