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…
Welspun Enterprises Ltd, a part of Welspun Group, announced that it has plans to acquire a toll road project under the build-operate-transfer (BOT) model from the Essel Group. Welspun Enterprises said in a stock-exchange filing that the project – operated by Mukarba Chowk-Panipat Toll Roads Ltd (MCPTRL) – is being acquired through the harmonious substitution…
The Essel Group is planning to sell its 16.5% stake in ZEE Entertainment Enterprises Limited (ZEEL) to financial investors. The reason to sell up to 16.5% stake is in order to repay loan obligations to certain lenders of the Group for whose benefit such shares are currently encumbered (and who have consented to such share…