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Issuance of Equity Shares on Preferential Basis:

1.Number of Shares: 8,90,00,000 equity shares.

2. Issued to: AB Inbev Asia B.V., the Holding Company.

3. Price per Share: INR 47.70 (INR 10 face value + INR 37.70 premium).

4. Total Consideration: INR 424 Cr

Capital Reduction in the OTIS- Detailed Analysis

https://x.com/UnlistedZone/status/1818855246468120936

anyone interested to buy swiggy , oyo or any unlisted share plz contact only serious investors .

Veeda, providing a broad range of services across most aspects of the drug development & drug launch throughout global markets has raised capital from Sixth Sense Ventures & others. 

Founded in 2004, Veeda has grown from a single facility in 2004 to now having 4 facilities with a capability to process 1 lakh+ samples monthly. Veeda provides services across drug value chain incl BA/BE studies, full suits of Clinical trials, pharmacokinetics studies & trials in generic molecules, NCEs, large molecules & Biosimilars. 

Till date, Veeda has conducted over 3,500 trials, developed 1,000+ bio-analytical methods spread across generics, NCEs & Biosimilars & completed 85 successful regulatory audits with UK-MHRA, ANVISA & DCGI. The capital raised will be used towards Veeda’s objective of backward as well as forward integration by evaluating inorganic growth opportunities.

Latest News on Reliance Capital Resolution Plan ( 24 July 2024 )

The approval of the resolution plan submitted by IndusInd International Holdings Ltd. (“IIHL” or the “Successful Resolution Applicant”) in the corporate insolvency resolution process of Reliance Capital Limited (“RCL”) by the Hon’ble National Company Law Tribunal, Mumbai bench ("NCLT”) vide its order dated February 27, 2024 (“Approved Resolution Plan”).

Please note Reliance Capital Holds 98.67% in Reliance General Insurance. After this resolution, the IIHL will become holding company of Reliance General Insurance.

Hi,

By when IPO is expected of NSE?

Dear Shareholders,

We hope this message finds you well. Here's a brief update on our trading approval progress with BSE:

Listing Approval: Obtained from BSE in April 2024. Listing Approval 1 and Listing Approval 2.

Shares Credit Status: Filed necessary documents with CDSL/NSDL for share crediting, including capital reduction and merger actions. Delays experienced.

Next Steps: Awaiting confirmation from CDSL/NSDL. Will submit documents to BSE for trading permission immediately after.

We are committed to keeping you updated on our progress.

Best regards, ACS Tech 

https://www.thehindu.com/news/national/telangana/facial-recognition-attendance-results-in-savings-for-ghmc/article68313276.ece

RNIT AI-Powered Facial Recognition: A Game Changer for GHMC 🤖

The Greater Hyderabad Municipal Corporation (GHMC) is making waves with its innovative use of Facial Recognition Systems (FRS)!  This technology has brought about some impressive results:

📈  Savings:
Annual expenditure on the RNIT FRS system has dropped from ₹1.93 crore to ₹67 lakh! 💸 
Overall wage expenditure has decreased from ₹33.5 crore to ₹31 crore, thanks to the elimination of fake attendance! 💰

👨‍💼  Improved Efficiency:
RNIT  FRS has made tracking the actual number of workers on the field easier, leading to more efficient staff deployment. 🗺️ 
Accurate attendance records allow for better resource allocation and planning. 📊

🤝  Transparency & Accountability:
RNIT FRS has eliminated the loopholes in the previous attendance system, ensuring transparency and accountability. 🔐 
The system has helped to identify and weed out fraudulent practices, promoting a fair and honest work environment.  🤝

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