Buzzing stocks: Godrej Consumer, L&T, Tenneco Clean, Dr Agarwal’s, SJVN, BEML, Bajaj Electricals, Diamond Power, Saatvik Green, Innovision, SUGS Lloyd
A string of corporate announcements brought leadership changes, business transfers and major order wins across consumer, infrastructure, defence and renewable energy sectors
Godrej Consumer Products Limited appointed Aasif Malbari, Global CFO and President of Godrej Africa, as MD & CEO, effective immediately, following the departure of Sudhir Sitapati. Larsen & Toubro agreed to transfer its data centre and cloud services business to Vyoma.AI Ltd for Rs 1,400 crore, with the transfer happening on a going-concern basis.
Tenneco Clean Air India Ltd is expected to sell 8% of its stake through a block deal, with the offer price set at Rs 515 per share. Hyperion Investments Pte. Ltd and Claymore Investments Pte. Ltd plan to sell 11% of Dr Agarwal’s Health Care Ltd through a block deal, with the offer floor price at ₹500 per share. SJVN achieved the Commercial Operation Date for a 75 MW Jamui Solar Power Project in Bihar.
Bajaj Electricals appointed Krishnan Sundaram as Chief Growth & New Business Officer. BEML secured a Rs 184.25 crore order from HAL for Light Combat Helicopter Fuselage Aerostructures. Diamond Power Infrastructure Ltd received two purchase orders from Rajesh Power Services Ltd for an underground cabling project. Saatvik Green Energy Ltd's subsidiary Saatvik Solar Industries Private Limited won a ₹400.16 crore contract from a domestic IPP/EPC player.
Innovision Ltd secured a Letter of Award to operate as a toll collection agency at a NHAI highway project. SUGS Lloyd Ltd received a ₹1.51 crore commercial purchase order from Noida Power Company Ltd.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
