1 / 6Punjab National Bank | The bank has announced a qualified institutions placement (QIP) of its equity shares, aimed at raising capital as part of its growth strategy. The floor price for the equity shares has been set at ₹109.16, the country’s second-largest PSU bank said in a statement on Monday.
2 / 6Firstsource Solutions | RP Sanjiv Goenka Group’s business process management services company said its subsidiary Firstsource Solutions UK Ltd has acquired Ascensos, a leading UK-headquartered customer experience outsourcing partner for retail and e-commerce businesses for £42 million.
3 / 6Power Grid | State-owned company said it has emerged as the successful bidder under the tariff-based competitive bidding for a key inter-state transmission project. The project involves the installation of dynamic reactive compensation systems (STATCOMs) at Khavda pooling station 1 and Khavda pooling station 3 in Gujarat, along with the extension of associated bays.
4 / 6GR Infraprojects | Infrastructure company said it has emerged as the lowest bidder for a project under the second phase of the Nagpur Metro Rail Project. The company won the ₹903.5-crore contract for the design and construction of a 17.624-km elevated metro viaduct, which includes a double-decker section with a vehicular underpass spanning 1.14 km.
5 / 6Thangamayil Jewellery | Tamil Nadu-based company announced that its board of directors will convene on Thursday, September 26, to discuss potential fundraising options. The meeting will explore various methods of capital raising, including the issuance of equity shares, convertible bonds, debentures, or other securities.
6 / 6BGR Energy Systems | The company said it has received a notice of contract termination from the Chennai Metropolitan Water Supply and Sewage Board (CMWSSB) regarding the design, build, and operate (DBO) project for a 45 MLD capacity tertiary treatment reverse osmosis (TTRO) plant in Kodungaiyur.
