Company Profile

Pursuant to Regulation 40(10) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Alfa Transformers has informed that it enclosed the Certificate, issued by Saroj Ray & Associates, Practicing Company Secretaries, in connection with the verification of transfers/transmission/transposition, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies as per Regulation 40(9) of the Listing Regulations for the financial year ended on March 31, 2024.

The above information is a part of company’s filings submitted to BSE.

H.G. Infra Engineering has received the Letter of Acceptance (LoA) from South Central Railway for Doubling of Track between Karanjgaon station (Including) at Km 69.01(Ch 69010) & Aurangabad station (Including) at Km 113.15 (Ch 113150) [i.e. (44.14 km)] including Electrification and Signaling works in connection with Aurangabad-Ankai Doubling Project in Nanded Division of South-Central Railway. The project cost is Rs 447.11 crore and the construction period is 30 months.

Coal India has entered into Memorandum of Understanding (MoU) with Indian Institutes of Management (IIM) Mumbai and Sambalpur on March 1, 2024, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.

Avenue Supermarts has opened a new store at Hesaraghatta Road, Bengaluru (Karnataka). The total number of stores as on date stands at 347.

Lemon Tree Hotels has signed - Keys Lite by Lemon Tree Hotels, Urban Suites, Udaipur. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. Udaipur is often referred to as the Venice of the East on account of the seven turquoise lakes that dot the city. Bound by the verdant Aravalli hills, Udaipur holds a variety of attractions for its visitors including history, culture, scenic locations, opulent Rajput-era palaces and vibrant markets. 

Indian Railway Catering and Tourism Corporation (IRCTC) has signed Memorandum of Understanding (MoU) with CRPF on March 1, 2024 for On-board Catering services to allCAPF (CRPF, ITBP, BSF, CISF & SSB) personnel during movement for various law & order duties including Bye-elections.

Alfa Transformers has received a purchase order worth of Rs 27.39 crore from Gujarat Electricity Board. The company has bagged order for design, manufacturing and supply of 10 KVA 4,994 Nos of transformers from Vadodara plant. The said order is to be executed within 7 months from the date of receipt of order. 

Pharmaids Pharmaceuticals has completed the acquisition of 99.86% shareholding in Adita Bio Sys (Adita).  Adita is an unlisted private company, which is engaged in the GLP Developmental Services, Drug Discovery & Laboratory animals services & Animal Diet. The acquisition of the shares of Adita inter alia result in growth opportunities in line with strategic objectives of the Company. The acquisition of the target entity is within the main line of business of the listed entity. The cost of acquisition is Rs 52.54 crore. 

Alfa Transformers has received a purchase order worth of Rs 27.39 crore from Gujarat Electricity Board. The company has bagged order for design, manufacturing and supply of 10 KVA 4,994 Nos of transformers from Vadodara plant. The said order is to be executed within 7 months from the date of receipt of order. 

Alfa Transformers is engaged in the production of Electrical Distribution & Power Transformers. The company is a major supplier to utilities, multinationals and domestic corporate.

JSW Steel’s step down wholly owned subsidiary -- JSW Steel Italy SRL(JSW) and the Ministry of Industry and Made in Italy, the Tuscany Region, the Municipality of Piombino have signed a Memorandum of Understanding (MOU). This MOU is intended to commence & relaunch the Steelworks site of Piombino. Apart from doubling the current rail making capacity from 300,000 tonnes to 600,000 tonnes per annum, the investments at Piombino are aimed at making the Rail Mill more efficient, most modern, technologically advanced and best in class. The project envisages setting up of Tandem Mill, Head Hardening facility and increase the length of rails from 108 to 120 meters. 

Torrent Power has emerged as the successful bidder and has received Letter of Award (LoA) from Railway Energy Management Company (REMCL) on February 29, 2024 for setting up of grid-connected renewable power projects, with or without storage, for supply of 100 MW Round-The-Clock power. Project shall be commissioned within 24 months from the signing of Power Purchase Agreement. The project cost is around Rs 2,700 crore for installing about 325 MW of renewable capacity for supply of 100 MW RE-RTC power. 

Hindustan Aeronautics has signed contract with Ministry of Defence for Manufacture and Supply of RD-33 Aero Engines for MiG-29 aircraft, at a cost of Rs 5,249.72 crore. These Aero Engines are expected to fulfill the need of Indian Air Force (IAF) to sustain the operational capability of the MiG-29 fleet for the residual service life. The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM. The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.

Rainbow Children’s Medicare has launched its new state-of-art 80 beds spoke hospital at Anna Nagar, Chennai. Anna Nagar is a well-developed locality in north-west Chennai with an excellent social infrastructure and good connectivity to IT Parks and commercial complexes through public transport and major arterial roads. This upscale region serves as preferred residential location for young professionals and families in north-west Chennai.

Alfa Transformers has received a purchase order worth of Rs 27.39 crore from Gujarat Electricity Board. The order is for Design, Manufacturing and Supply of 10 KVA 4,994 Nos of Transformers from Vadodara plant. The order to be executed within 7 months.

Hero MotoCorp has sold 468,410 units in February 2024. This translates into a robust 19% growth over the corresponding month (February 2023), when it had sold 394,460 units. Of the total sales in February 2024, the company sold 436,929 motorcycles and 31,481 scooters as against 371,854 motorcycles and 22,606 scooters sold in February 2023. Domestic sales stood at 445,257 units in February 2024, up from sales of 382,317 units in February last year. Besides, the company's exports increased to 23,153 units in February 2024 versus 12,143 units in February 2023.

Escorts Kubota’s Construction Equipment Segment has sold 611 machines in February 2024 registering a growth of 30.0% as against 470 machines sold in February 2023. With continued focus of Government on infrastructure development and continued budgetary support will ensure the growth momentum in the Construction Equipment industry is sustained.