Share the post "Latest news and order book updates for : Bayer, Moil, Afcons, Itcons, … on : 08 Jan 2025"
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.
Bayer-Cropscience-Ltd.
Bayer CropScience Limited has received an order from the Joint Commissioner of Customs & Central Tax, Rangareddy, CGST Commissionerate, Telangana imposing a penalty of Rs. 27.94 Mio. The order is related to GST on Outward supply, GST on Reverse Charge Mechanism and Input Tax Credit availed for the Financial Year(s) 2017-18 up to 2019-20. The Company has the right to appeal the order.
Moil-Ltd.
Penalty imposed on MOIL for excess production in Tirodi Mine beyond EC/CTO during the years 1993-94 to 1995-96 and 2006-2007 to 2008-09.
Afcons-Infrastructure-Ltd
This document is a corrigendum to an earlier intimation letter dated January 03, 2025, under Regulation 30 of the SEBI (LODR) Regulation, 2015 regarding receipt of Letter of Intent from the Govt of India, Ministry of Defence, Defence Research and Development Organisation (DRDO). The description of the awarded contract (as referred in Annexure-A thereto) should be read as per the description mentioned in the annex hereto.
Itcons-E-solutions-Ltd
ITCONS E-Solutions Limited has been awarded a contract by Central Warehousing Corporation (CWC) Chandigarh to provide manpower services on a contractual basis for a period of 2 years. The total contract value is INR 4,03,23,749.14/- (Rupees Four Crore Three Lakh Twenty-Three Thousand Seven Hundred Forty-Nine and Fourteen Paisa Only).
Ems-Ltd
EMS Limited has received a Letter of Acceptance from the Indore Municipal Corporation for the design and construction of sewage treatment plants with a total installed capacity of 120, 40, and 35 MLD, as well as all associated structures and allied works, including operation and maintenance for 15 years on a DBOT basis. The estimated order value is approximately Rs. 41646.07 lakhs, with EMS Limited holding a 26% share in collaboration with another JV partner.
Voltamp-Transformers-Ltd.
Voltamp Transformers Limited has received a Purchase Order from Adani Power Limited and Mahan Energen Limited (Wholly Owned Subsidiary of Adani Power Limited), for ₹41 Crore (exclusive of GST) for supply of various ratings of Distribution Transformers. The order is to be executed within 12 months and the nature of the order is Design, manufacture, testing and supply of various ratings of Distribution Transformers as per special term & condition of Purchase Order.