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Latest news and order book updates for : V-mart, Cesc, Rudra on : 07 Jan 2025

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Corporate announcements are official statements released by companies to inform stakeholders about significant events, decisions, or changes within the organization. These announcements can encompass a wide range of topics, including mergers and acquisitions, financial results, dividend declarations, leadership changes, and strategic initiatives. Timely dissemination of information allows investors to assess a company’s performance and prospects, contributing to more accurate stock valuations and efficient capital markets. Announcements keep employees, customers, and partners informed about the company’s direction and developments, fostering engagement and loyalty.

Company Headline Issuer Entity Issuer Type Order Size Time Period
 V-mart-Retail-Ltd. Details of the order received by the Company under the Minimum Wages Act, 1948, and Industrial Dispute Act, 1947. Labour Court, Shahjahanpur, Uttar Pradesh Rs. 31,35,865/-
 Cesc-Ltd. Letter of Award issued by CESC Limited to Purvah Green Power Private Limited. CESC Limited (CESC) Domestic Entity 150 MW ISTS connected Wind-Solar Hybrid Power Projects in India under Tariff- based Competitive Bidding with an additional 150 MW capacity under Greenshoe option 25 years from the scheduled commencement of supply date
 Rudra-Gas-Enterprise-Ltd Intimation for Receipt of Order. Bharat Petroleum Corporation Limited Domestic Entity INR 13,67,16,511/- (Rs. Thirteen Crore Sixty Seven Lakh Sixteen Thousand Five Hundred Eleven Only) Twelve (12) Months i.e., Eleven (11) months for mechanical completion and One (01) month for commissioning

V-mart-Retail-Ltd.

V-Mart Retail Limited has received an order from the Labour Court, Shahjahanpur, Uttar Pradesh, for a penalty of Rs. 31,35,865/-. The order was received on January 7, 2025. The company will file an appeal against the order.

Cesc-Ltd.

CESC Limited has issued a Letter of Award to Purvah Green Power Private Limited (Purvah), a subsidiary of CESC, for setting up a 150 MW Wind-Solar Hybrid Power Project with an additional 150 MW capacity under Greenshoe option. The project is under tariff-based competitive bidding and is at arm’s length basis and in the ordinary course of business.

Rudra-Gas-Enterprise-Ltd

Rudra Gas Enterprise Limited has received an order from Bharat Petroleum Corporation Limited for pipeline laying from Mahicha Mirganj Bypass to Mohamadpur Gopalganj & Arar Gopalganj to Arya Petroleum BPCL including associated works. The order is valued at INR 13,67,16,511/- and is to be executed within twelve months.

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