Reliance Industries, Generic Engineering and UPL to see some action today

Reliance Industries (RIL) has completed the acquisition of equity shares of IMG Reliance (IMG-R) from IMG Singapore. Accordingly, IMG-R has become a wholly-owned subsidiary of the company. Consequent to the aforesaid acquisition, the holding of the company along with IMG-R in Football Sports Development (FSDL) is 65% and FSDL has become a subsidiary of the company.

Generic Engineering Construction and Projects has been awarded with new work orders worth Rs 46.38 crore (excluding GST) for various institutional projects from various existing reputed clients, which inter alia includes Residential project based out in Mumbai suburb from Kolte Patil Developers worth Rs 40 crore (excluding GST) and an Industrial Project at few districts of Maharashtra for construction of Godowns of 1000 MT each by Maharashtra State Agricultural Marketing Board, Pune worth Rs 6.38 crore (excluding GST).

UPL has completed the pre-payment of $410 million of 3.25% Senior Notes due October 2021. The pre-payment, which concluded on December 28, 2020, was done using the cash on its balance sheet. This prepayment is in line with its commitment to reduce debt. The company is committed towards deleveraging its balance sheet at the back of strong business prospects and agriculture commodity prices, and favourable agronomic conditions.

Ishan Dyes & Chemicals has received local and exports orders aggregating to 680 MT having approximately value of Rs 40.00 crore, thereby the entire production capacity of the Company is totally booked till end of March 31, 2021.

Bajaj Finserv, through its lending and investment arm Bajaj Finance, is offering customers instant personal loans that can be availed online. Customers can fill up the simple online form and get approval on their personal loan application in minutes Pune, Maharashtra, India. The fast application process means one can get approval within 5 minutes. And with a disbursal period of just 24 hours, this personal loan can be the answer to all your financial needs. One can apply for a Bajaj Finserv Personal Loan for any amount up to Rs 25 lakh. This means you can avail funds to meet almost any planned or unplanned expense.

Kothari Sugars & Chemicals has commenced its operations at Kattur Sugar Unit in Tamil Nadu with effect from December 29, 2020 for the sugar season 2020 - 2021.

DJ Mediaprint & Logistics has been empanelled by LIC of India, Divisional Office Cuttack for the years 2020-2023 in various Categories. The categories includes Offset/screen printers for printing of forms; Printing/Supply of Envelopes, Folders, Files, Policy Dockets; and Blank & Pre-printed Continuous Computer Stationary Forms. This opens new avenues for the company in Eastern Markets.