RETAIL/FMCG
AJC Jewel Manufacturers To Acquire 80% Stake In UAE Jewellery Unit
AJC Jewel Manufacturers Ltd is set to acquire an 80% stake in AJC Jewel Manufacturers (FZC), Sharjah, UAE, for ₹9.60 crore through a non-cash share swap, giving the listed company majority ownership of its international jewellery manufacturing operation. The UAE entity, which is engaged in precious metal jewellery manufacturing, reported revenue of ₹128 crore in […]
CW Bureau
·
Sep 4, 2026
BANKING & FINANCE
Wheels India Revises Preferential Issue Price To ₹1,461 Per Share
Wheels India Ltd, a leading manufacturer of wheels and automotive components, has revised the issue price of its proposed preferential share issue to the promoter group to ₹1,461 a share from ₹1,418 per shre, while reducing the total number of shares to 12.32 lakh. The revision follows observations raised by the National Stock Exchange of […]
CW Bureau
·
Aug 31, 2026
STARTUP/TECHNOLOGY
Hero MotoCorp To Invest ₹1,000 Cr In Ather Energy Via Preferential Issue
Hero MotoCorp Ltd has decided to invest ₹1,000 crore in Ather Energy Ltd, an associate company, through subscription to a preferential issue, strengthening its exposure to India’s growing electric two-wheeler market. Ather Energy has allotted 76,19,047 convertible warrants to Hero MotoCorp on a preferential basis at an issue price of ₹1,260 per warrant, involving an […]
CW Bureau
·
Aug 26, 2026
STARTUP/TECHNOLOGY
5paisa Capital To Acquire Giskard Datatech In ₹121.57 Cr Share Deal
Online investment and trading services company 5paisa Capital Ltd has proposed to acquire 100% share capital of Bengaluru-based Giskard Datatech Pvt Ltd in a deal comprising a cash consideration of ₹121.57 crore and a preferential share issue through a share swap. The acquisition is aimed at strengthening 5paisa’s digital capabilities, expanding its technology offerings, achieving […]
CW Bureau
·
Jul 29, 2026
GENERAL
TANFAC Industries Raises ₹423.50 Cr To Fund Its Strategic Growth Plans
Fluorine chemicals manufacturer TANFAC Industries Ltd. has raised ₹423.50 crore through a Qualified Institutional Placement (QIP) and a proposed preferential issue to fund capacity expansion and strategic growth initiatives. The company raised ₹250 crore through the QIP, while its Board has approved a preferential issue of ₹173.50 crore through the allotment of 7,41,082 equity shares […]
CW Bureau
·
Jul 7, 2026