Amara Raja Batteries Limited, India’s industrial and automotive battery major, announced plans to invest in InoBat Auto (InoBat), a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to…
FMCG startup Skippi Ice Pops announced it has received funding of Rs 10 million from Shark Tank India. Led by Kabra Global Products Pvt. Ltd., India, Skippi Ice Pops launched with an aim to introduce a fun new product in the F&B category by husband and wife duo, Ravi Kabra and AnujaKabra, according to the statement. “Skippi…
Next MediaWorks Limited, a diversified media company that publishes newspapers magazines, books, and journals, as well as offers radio and outdoor advertising services, announced the appointment of Lloyd Mathias as an Independent Director to its Board, effective December 28, 2021. According to the company’s exchange filing, “in compliance with the applicable provisions of the Companies…
Sterlite Power Transmission Limited (Sterlite Power), a private sector power transmission infrastructure developer and solutions provider, announced the acquisition of Nangalbibra ─ Bongaigaon Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited. Through this SPV, the Company will execute the inter-state transmission system (ISTS) project which it won through tariff-based competitive bidding (TBCB) in October…
Artson Engineering Limited announced the appointment of B V Ramesh Krishna as Manager and Chief Operating Officer of the company, effective January 05, 2022. According to the company’s exchange filing, “the Board of Directors of the Company, at its Meeting held today i.e., Tuesday, 28th December 2021 have approved the appointment of Mr. B.V. Ramesh…
Available Finance Limited, a Non-Banking Financial Company, announced the appointment of Vikas Gupta and Aseem Trivedi to its Board of Directors, effective December 28, 2021. According to the company’s exchange filing, “the Board of Directors ofthe Company at its meeting held on Tuesday, 28″ day of December, 2021 has appointed Mr. Vikas Gupta (DIN: 09438941),…
Cairn Oil & Gas has appointed Martyn Smith as Chief Operating Officer. He has an experience of 35 years in reservoir & petroleum engineering and subsurface geoscience disciplines. Smith has been part of the leadership in global companies including British Petroleum where he led as the Global Head of Reservoir Development. He has worked in…
Siti Networks Limited announced the appointment of Shilpi Asthana to its Board of Directors, effective December 27, 2021. According to the company’s exchange filing, “this is to inform you that the Board of Directors of the Company has approved the appointment of Ms. Shilpi Asthana as Additional Director in the category of Non-Executive Independent Director…
AU Small Finance Bank announced the appointment of Harun Rasid Khan as Additional Director to its Board, effective December 28, 2021. According to the bank’s exchange filing, “we are pleased to inform that the Board of Directors of AU Small Finance Bank Limited (“the Bank”), at its meeting held on Monday, 27th December 2021 on…
Garden Reach Shipbuilders & Engineers Limited announced the appointment of Sanjay Dattatraya Panse as an Independent Director of the company, effective December 27, 2021. According to the company’s exchange filing, “we would like to inform that in pursuance to Ministry of Defence letter No. 11 (70)/2021 /Misc./D(NS) dated 24 December, 2021, the President of India…
Meghmani Organics Limited (MOL) announced that it has completed an acquisition of Kilburn Chemicals Limited (KCL). MOL paid INR 132 Crores (including INR 12.15 Crores towards equity subscription) as per the National Company Law Tribunal (NCLT) approved resolution plan dated 16th December 2021. Thus, the Company has diversified its Pigment Division’s product offering with Kilburn…
FMCG company Godfrey Phillips India Limited (GPI) announced the appointment of Sharad Aggarwal as Chief Executive Officer. He will be reporting to Dr Bina Modi, President and Managing Director. The Board had met on 16 September 2021 and unanimously approved the appointment of Sharad Aggarwal (50) currently serving as the COO and Whole Time Director…
Sunshield Chemicals Limited announced the appointment of Cyrus Poonevala as an Independent Director of the company, effective January 01, 2022. According to the company’s exchange filing, “the Board of Directors at their meeting held on 27th December 2021 have considered and approved the appointment of Mr. Cyrus Poonevala (DIN: 09420865) as an Independent Director for…
Savera Industries Limited announced the appointment of R. Siddharth as Company Secretary of the company, effective January 01, 2022. According to the company’s exchange filing, “Mr. R.Siddharth, who is a member of Institute of Company Secretaries of India is appointed as Company Secretary of the company with effect from 1st January, 2022.” R. Siddharth is…
Accenture has completed the acquisition of Tambourine, an e-commerce customer experience agency with award-winning capabilities in cloud-based technologies in Japan. Terms of the transaction, which was announced on November 18, were not disclosed. Founded in 2015, Tambourine provides integrated commerce services on the Salesforce platform and brings a proven track record in using Salesforce Commerce Cloud to deliver…