NBCC (India) said it has secured the business of Rs 8861.05 crore during the month of November, 2019.
NMDC said the company has received from Approval for Modified Mining Plan of Kumaraswamy Iron Ore Mines of NMDC from 7 MTPA (7-Million Tonnes per Annum) to 10 MTPA (10-Million Tonnes per Annum) from the Indian Bureau of Mines (IBM), Ministry of Mines, Government of India. The effective date of approval is for 2020-21 and 2021-22. NMDC operates the Kumaraswamy Mines at its facility in the state of Karnataka.
Piramal Enterprises said it has fixed 31 December as a record date for right issue. It has fixed rights entitlement ratio as 11 (Eleven) Equity Share for every 83 (Eighty Three) fully paid-up Equity Shares held as on the Record Date by the Eligible Equity Shareholders of the Company and the holders of CCDs who may participate in the Issue. Rights issue is fixed at Rs 1 ,300 per Equity Share (including a premium of Rs. 1,298 per Equity Share.
JK Paper said CRISIL has upgraded the ratings on the long-term bank facilities, non-convertible debentures aggregating Rs 335 crore, and fixed deposit of Rs 100 crore programme of JK Paper Limited (JKPL) to ''CRISIL AA-/FAA/Stable'' from ''CRISIL A+/FAA-/Positive''. Rating for Commercial Paper of Rs 100 crore was reaffirmed at CRISIL A1 +
Lemon Tree Hotels said the company has signed a License Agreement for a 44 room Hotel located at Baga, Goa under the Company's brand 'Lemon Tree Hotel' and this will be its fifth Hotel in Goa. The Hotel will feature 44 well-appointed rooms and suites, complemented by a multi-cuisine restaurant - Citrus Caf a bar, meeting and conference spaces, a swimming pool, a well-equipped fitness center, a rejuvenating spa and more. The hotel, owned by Aqua Resorts And Spa Pvt. Ltd, is expected to be flagged and re-launched in April 2020.
L&T Finance Holdings said the board approved fund raising of up to Rs 300 crore. The fund raising will be in the form up to 300,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares of Rs 100 Face Value at par and aggregating up to Rs 300 crore on a private placement basis.
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