Buzzing stocks today: AU Small Finance, Adani Power, Swiggy, REC, Neuland Labs and more
From tokenised bonds and sustainable finance to renewable energy, land acquisition and manufacturing projects, companies unveil a range of strategic initiatives aimed at expanding operations and strengthening business capabilities
In a flurry of corporate activity today, various stocks and companies garnered attention. AU Small Finance Bank unveiled its Sustainable Finance Framework, receiving a high Sustainability Quality Score from Moody’s. Adani Power successfully resolved its CIRP case, acquiring GVK Energy's hydroelectric power plant. udaan, a leading business-to-business e-commerce platform, acquired Swiggy's retail distribution arm for ₹500 crore.
GE Vernova T&D India Limited secured the bid for a 6000 MW HVDC LCC Terminal Station project. Arisinfra Solutions secured a service order for a residential project in Bengaluru. Bharat Serums and Vaccines, a subsidiary of Mankind Pharma, approved its voluntary liquidation. REC issued India’s first pilot issue of tokenized corporate bonds under SEBI’s Regulatory Sandbox Framework.
Neuland Laboratories announced capital expenditure for land purchase in Andhra Pradesh. Tembo Global Industries entered into an MOU with Lachaussee SA for ammunition production in India. Oneindia Technologies emerged as the L1 bidder for a rooftop solar project in Haryana. Aarti Industries commissioned Phase I of its Zone IV project in Gujarat.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
