Company Profile

Macrotech Developers has raised Rs 3,300 crore by selling shares to institutional investors. The Qualified Institutional Placement (QIP) was oversubscribed nearly 3 times within 5 hours of issue opening and witnessed traction from a diversified set of investors with a long-term outlook, including sovereign funds, pension funds, insurers etc. This is the fourth equity raise by Macrotech Developers in the last 36 months and the company has raised over Rs 13,000 crore. The entire book was allocated to marquee global investors.

Tata Technologies has signed a 5-year Memorandum of Agreement (MoA) with the Government of Telangana to modernize 65 government-owned ITIs across the state with a total project cost of Rs 2324 crore. This collaboration is an extension of Tata Technologies' efforts to support projects of high social impact and complement the efforts of the Telangana Government to enhance the availability of skilled talent and attract investments from industries desirous of setting-up manufacturing infrastructure in Telangana. 

JSW Renewable Technologies, a wholly owned subsidiary of JSW Neo Energy (JSW Neo) and step-down subsidiary of JSW Energy, has entered into a technology licensing agreement with SANY Renewable Energy for the manufacturing of 3.X MW WTGs in India for captive usage by the Company.

Panabyte Technologies has received a Sub-contract work order from Esec Security Consultants to carry out Installation work of Access Control System at Delhi Airport. Broad consideration or size of the order is Rs 43.27 lakh. 

Ravindra Energy (REL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL), to develop and operate 100 MW(AC) of decentralized feeder level PV solar projects. This LoA has been issued under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) of the Government of Maharashtra. 

Entero Healthcare Solutions has received approval to acquire balance 12,00,000 Equity Shares (representing 15% paid up equity share capital) from erstwhile promoters of Getwell Medicare Solution (Getwell) in terms of Share Purchase cum Shareholders‘ Agreement (SPSA) dated December 20, 2018 and thereby making Getwell a wholly-owned subsidiary of the Company. The said acquisition is expected to completed on March 14, 2024. The Board of Directors of the Company at their meeting held on March 08, 2024 has approved the same. 

Dilip Buildcon has declared as L-1 bidder for the tender floated by the National Highways Authority of India (NHAI) on Hybrid Annuity basis in the state of Tamil Nadu. The project is for ‘Improving the Alignment of Thoppur Ghat Section from Km 158+500 to 165+100 in Dharmapuri - Salem Section of NH-44 under NH(O) 2023-24 on Hybrid Annuity Mode in the State of Tamil Nadu.’ The bid project cost is Rs 548 crore. The completion period of the project is 36 months.

Entero Healthcare Solutions has received approval to acquire balance 12,00,000 Equity Shares (representing 15% paid up equity share capital) from erstwhile promoters of Getwell Medicare Solution (Getwell) in terms of Share Purchase cum Shareholders‘ Agreement (SPSA) dated December 20, 2018 and thereby making Getwell a wholly-owned subsidiary of the Company. The said acquisition is expected to completed on March 14, 2024. The Board of Directors of the Company at their meeting held on March 08, 2024 has approved the same. 

Entero Healthcare Solutions is a distributor of healthcare products in India. The company's technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.

Entero Healthcare has informed about disclosure of Investor conference scheduled to be held on Wednesday, March 13, 2024 at 11:00 AM onwards. 

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