Aster DM Healthcare, Olympus Capital Asia Investment, Avataar Venture Partners, BLS International, JM Financial Ltd, Tata Communications, NACL Industries, GIC Housing Finance Ltd, Amara Raja Energy & Mobility, Clean Science and Technology Limited, Voltas Ltd, Serene Vibes Private Limited, and Oil and Natural Gas Corporation (ONGC) are all making headlines with their recent developments.
Aster DM Healthcare is set to be in focus as Olympus Capital Asia Investment plans to sell 10.1 per cent equity through a block deal. The floor price has been set at ₹331 per share, according to reports. Meanwhile, VC firm Avataar Venture Partners has exited RateGain Travel Technologies by selling its stake for ₹160 crore.
Visa services provider BLS International has inaugurated a new visa application centre in Mumbai with increased processing capacity. The centre will handle applications for visas to several countries, including Spain, Egypt, and South Korea.
SEBI has confirmed interim directions to bar JM Financial Ltd from acting as a lead manager for public issues of debt securities until 2025 due to alleged irregularities in a public issue of non-convertible debentures. Tata Communications has raised a $250 million sustainability loan, while NACL Industries has appointed Ernst & Young to conduct a forensic audit.
GIC Housing Finance Ltd has been hit by a malware attack, but operations have not been disrupted. Amara Raja Energy & Mobility has further invested in InoBat AS, and Clean Science and Technology Limited has subscribed to additional shares of Clean Fino-Chem Limited.
Voltas Ltd has executed a share purchase agreement with Universal MEP Projects Pte Limited for the transfer of investments in overseas subsidiary companies. Serene Vibes Private Limited has purchased the brand “The Gift Studio” from Natures Basket Limited for ₹24.75 crore.
Lastly, Oil and Natural Gas Corporation (ONGC) has appointed Devendra Kumar as Chief Financial Officer. Stay tuned for more updates on these companies and their latest developments.
