Company Profile

KPI Green Energy’s wholly owned subsidiary -- KPIG Energia has received new order from Aether Industries for executing solar power project under ‘Captive Power Producer (CPP)’ Segment of the Company. The aggregate order size is 15 MW. The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order.

Ashok Leyland has commenced delivery of its intermediate and heavy duty electric trucks to its customers. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition of the Bharat Mobility Global Expo 2024 in New Delhi.

Bharti Airtel has reported 10.05% rise in its consolidated net profit at Rs 2876.40 crore for Q3FY24 as compared to Rs 2613.70 crore for the same quarter in the previous year. Total income of the company increased by 6.31% at Rs 38339.30 crore for Q3FY24 as compared Rs 36062.00 crore for corresponding quarter of the previous year.

Vodafone Idea’s (Vi) enterprise arm -- Vi Business has launched Vi Business IoT Smart Central - a future-ready, fully integrated, self-care IoT connectivity and device management platform. The newly launched Vi Business IoT Smart Central platform empowers enterprises to control, monitor, and manage IoT assets remotely on a real-time basis.

Prithvi Exchange (India) has expanded its presence in Indore with opening of new branch. It sought to offer forex services in the convenience of a contemporary and technologically updated atmosphere and it hopes to give all of its clients the best service possible. By building more branches in the near future, the firm hopes to increase its footprint across the nation.

S.P. Apparels has entered into a Memorandum of Understanding (MoU) for the purchase of Young Brand Apparel (YBAPL) by way of acquisition of 51.33% Equity Shares. The company aims to expand the business in U.S.A. and the acquisition of YBAPL will improve the synergies of both companies in terms of customer base and target markets. 

Tata Motors has started working on its gigafactory in Somerset in the UK, and the financial closure for the project is underway. The site has been procured and the company has already started the land-levelling work in that space.  The company had last year in July announced plans to set up a global battery cell gigafactory in the UK at an investment of over 4 billion pounds to help power the automotive sector's transition to electric mobility.

S.P. Apparels has entered into a Memorandum of Understanding (MoU) for the purchase of Young Brand Apparel (YBAPL) by way of acquisition of 51.33% Equity Shares. The company aims to expand the business in U.S.A. and the acquisition of YBAPL will improve the synergies of both companies in terms of customer base and target markets. 

This acquisition will be a great support to the core business of S.P. Apparels to expand its future business. The proposed acquisition is expected to be completed on or before May 31, 2024, subject to the approvals of necessary regulatory approvals. 

S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.

S.P. Apparels has entered into Memorandum of Understanding for purchase/transfer of Garment unit located at Palladam Hi-Tech Weaving Park, Palladam, Tamil Nadu and purchase of 6.43 Acres of Land with Building situated at Site No. R-44, SIPCOT, Perundurai, both the properties vested with M/s Bannari Amman Spinning.

This acquisition will improve the synergies of both companies in terms of customers and this will be a great support for the core business of S.P. Apparels. The said transaction is expected to be completed by February 28, 2025.  

S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.

S.P. Apparels has informed that the 18th Annual General Meeting (AGM) of the members of the Company was held on Friday, 22nd September 2023 at 04.00 pm via Video conference (VC)/ Other Audio-Visual Means ('OAVM'), to transact the business mentioned in the Notice of the Annual General Meeting dated 11.08.2023. All the items of the business mentioned in the 18th Annual General Meeting notice of the Company have been transacted therein. All the resolutions indicated in the notice were also passed with requisite majority. The Scrutinizers Report and Voting Results is enclosed.

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