ANNOUNCEMENT

As on (26 Oct 2021 | 01:57)
Apollo Tyres

Apollo Tyres has launched the premium European brand, Vredestein in India. The Vredestein brand of tyres will be manufactured at the state-of-the-art facilities in India, and will cater to the premium and luxury segment in passenger cars, while the two-wheeler tyres from the brand would cater to the growing superbiking segment in India.

Vredestein brand, known for its designer and high-quality tyres, is entering India with tyres sizes of 15” to 20” in the passenger vehicle segment. While Vredestein Ultrac Vorti would cater to the premium luxury sedans like Mercedes, BMW, Audi, Land Rover and Volvo, Vredestein Ultrac would cater to the premium hatchback and sedans like Honda City, Maruti Suzuki Ciaz and Baleno. The two-wheeler tyres from Vredestein, Centauro NS and ST, will cater to the entire sport touring and super sports range of motorcycles like BMW, Ducati, Aprilia, Triumph, Kawasaki, Suzuki, Honda and Yamaha.

The passenger vehicle range from Vredestein carries a signature touch of renowned automobile designer, Giorgetto Giugiaro, while the two-wheeler range has been designed by the famous Italian design house, Frascoli Design. The tyres being introduced in the Indian market, has been tested across major tracks in Europe and India, and has also achieved podium positions in various automotive magazine tests in Europe and the US.

Bharat Forge

Bharat Forge has announced a voluntary retirement scheme for its permanent eligible employees who have attained 40 years of age and have completed 10 years of service with the Company at its plant located at Mundhwa, Pune.

Colgate-Palmoliv

Colgate-Palmolive (India) announced that the Board of Directors of the Company at its meeting held on 25 October 2021, has recommended a First Interim dividend of Rs.19 per share (i.e.1900%), subject to the approval of the shareholders.

Deepak Fertiliz.

Deepak Fertilizers & Petrochemicals Corp has successfully raised Rs. 510 Crores through a Qualified Institutions Placement (QIP) of equity shares.

Leading investors from India and the globe have participated in the issue which includes Smallcap World Fund, Government Pension Fund Global, Axis Mutual Fund, Fidelity, Avendus and Societe Generale among others

Goodricke Group

Goodricke Group will hold a meeting of the Board of Directors of the Company on 10 November 2021.

Tata Power Co.

Tata Power now has a network of more than 1000 Electric Vehicle (EV) charging stations across the country, achieving a major milestone in India's journey towards green mobility.

This network of 1000 public EV charging stations provides innovative and seamless EV charging experiences for Tata Power's customers across Offices, Malls, Hotels, Retail Outlets, and places of public access, enabling clean mobility and freedom from range-anxiety. In addition, there are close to 10,000 home EV charging points, which make EV charging super-convenient for the vehicle owners. Tata Power EZ Chargers ecosystem covers the entire value chain of Public chargers, Captive chargers, Bus/ Fleet chargers and Home chargers.

Munjal Showa

Munjal Showa will hold a meeting of the Board of Directors of the Company on 29 October 2021.

Acrysil

Acrysil announced that the company's capacity expansion of an additional 140,000 units at our Bhavnagar plant in Gujarat has been completed. The commercial production from an additional 140,000 units has commenced today i.e. 25 October 2021.

The manufacturing capacity of Quartz Kitchen Sinks now increased from 700,000 units to 840,000 units per annum.

Swaraj Engines

Swaraj Engines announced that Board of Directors of the company at its meeting held on 25 October 2021 has accepted the retirement of Rajinder Arora from the post of CFO and KMP of the company with effect from 31 October 2021. The Board approved the appointment of Mahesh Gupta as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from 1 November 2021.

Hind Rectifiers

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 1 November 2021.