Hindustan Zinc
Promoter Vedanta is expected to sell shares worth Rs 7,500 crore in Hindustan Zinc Ltd (HZL) through block deals, according to report.
UGRO Capital
UGRO Capital, the DataTech NBFC focused on MSME lending, has acquired Profectus Capital, for Rs 1400 crore, company said on Tuesday.
Delhivery
The CCI approved Delhivery’s proposed acquisition of a controlling stake in Ecom Express for about Rs 1,407 crore, marking a major consolidation move in India’s logistics sector.
Sammaan Capital
Sammaan Capital reappointed Naveen Uppal as chief risk officer(CRO) of the company for three years with effect from June 17.
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M&M
M&M received unconditional Competition Commission Of India (CCI) approval for SML Isuzu acquisition and open offer.Polycab India
Polycab India has executed a contract worth Rs 6,447.54 crore with BSNL to act as the project implementation agency (PIA) for the BharatNet project in Karnataka, Goa, and Puducherry.Vishal Mega Mart
Promoter Samayat Services LLP sold 19.6% equity in the company for about Rs 10,220 crore. Buyers include SBI Mutual Fund, Kotak Mahindra Mutual Fund and HDFC Mutual Fund.
RailTel
RailTel received letter of intent (LoI) from Zoram Electronics Development Corporation for a project worth Rs 43.99 crore.
PNB
PNB completed the sale of its entire stake (20.9% equity) in associate company, ‘Mis India SME asset reconstruction company’ for Rs 34 crore.
Electrosteel Castings
Electrosteel Castings to shut down its MBF production facility at Khardah works unit and main plant for 10-12 days from June 18 for maintenance work.
