Dr Reddy's Labs

Dr Reddys Laboratories has allotted 13,080 equity shares under ESOS on 19 December 2024.

Kanpur Plastipa.

Kanpur Plastipack will hold a meeting of the Board of Directors of the Company on 24 December 2024.

Cont. Petroleums

Continental Petroleums announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 January 2025.

Steel Str. Wheel

Steel Strips Wheels has received nomination for Steel wheel business from a leading European OEM. The Business value is close to Euro 15 million which will be executed over a span of 6 years. Series supplies are expected to commence from end CY 2026.

The Company expects more businesses from Global OEMs in coming months which complements its strategy to grow its presence in the EU and us OEM space.

Uflex

Uflex has executed an agreement on 20 December 2024 for purchase of further 54,31,873 equity shares of face value of Rs. 10/- each (representing 8.26% of the total issued and subscribed share capital of Amplus Phoenix from its existing shareholders at face value of Rs. 10/- each) aggregating to Rs. 5.43 crore.

Post acquisition of said equity shares, the total shareholding of Uflex in Amplus Phoenix will be 1,16,69,603 equity shares of face value of Rs. 10/- each, representing 17.75% of the total issued and subscribed share capital of Amplus Phoenix.