HDFC: The Corporation on Thursday concluded the sale of 47,75,241 equity shares of Re 1 each, representing 24.48 per cent of the equity capital of Good Host to Baskin Lake Investments Ltd, at a price of Rs 452.71 per equity share, aggregating to a consideration of Rs 216.18 crore.
Gland Pharma: Gland Pharma received approval from United States Food & Drug Administration (USFDA) for generic Foscarnet Sodium injection, 6,000 mg/250 ml (24 mg/ml) single-dose bag for infusion.
Rallis India: The company recorded consolidated revenue of Rs 471 crore for the quarter ended March 31, 2021, a growth of 36 per cent over the previous year (PY) of Rs 346 crore. Profit before tax (before exceptional items) was at Rs 10 crore, as compared to PY loss of Rs 14 crore while the PAT (after exceptional items) was Rs 8 crore, as compared to PY of Rs 1 crore.
Tata Elxsi: Tata Elxsi delivers segment-leading performance for FY21, with full-year operating revenues growing by 13.4 per cent and profits after tax growing by 43.7 per cent.
VA Tech Wabag: The company ranked fourth globally among the top 50 private water companies.
Cigniti Technologies: Cigniti Technologies appoints Jayabrata Nag as VP & Global Head of Partnership & Alliances.
Wonderla Holidays: Wonderla announces the closure of Kochi and Hyderabad Parks till April 29.
Persistent: For the fifth consecutive quarter, the company was listed among the top 15 sourcing standout for managed services in Q12021 Global ISG Index™ ‘booming 15’ category.
Indus Towers: The consolidated revenue for the year at Rs 25,673 crore, up by 0.4 per cent YoY while consolidated EBITDA for the year stood at Rs 13,257 crore, up by 4.2 per cent YoY. Consolidated profit after tax for the year was at Rs 4,975 crore, down by 1 per cent YoY. Besides, consolidated operating free cash flows for the year was at Rs 7,124 crore, up by 1 per cent YoY.
Tata Motors: The company’s wholly-owned subsidiary, Jaguar Land Rover UK, like any other automotive manufacturers, is currently experiencing some COVID-19 supply chain disruption, including the global availability of semiconductors, which is having an impact on its production schedules and the ability to meet global demand for some of their vehicles. As a result, JLR have adjusted production schedules for certain vehicles, which means that Castle Bromwich and Halewood manufacturing plants will be operating a limited period of non-production from Monday i.e. April 26, 2021. Meanwhile, manufacturing is currently going on at Solihull plant.
PG Electroplast: The company’s operation at manufacturing situation in Maharashtra and Greater Noida are getting affected due to evolving COVID-19 situation. The uncertainties have further increased for the month of May 2021 with customer orders getting impacted.
CreditAccess Grameen: The board has considered & approved the issuance of 710 NCDs of the face value of Rs 10,00,000 each, aggregating up to Rs 71 crore.