Udaipur Cement Works fixes record date for scheme of amalgamation
Udaipur Cement Works has fixed 25 August 2025 as record date for the purpose of determining the names of the eligible equity shareholders of the Company i.e. Udaipur Cement Works (Amalgamating company 1) to whom equity shares of Amalgamated company i.e. JK Lakshmi Cement will be issued and allotted pursuant to the Scheme, as under:
for 100 equity shares of face and paid-up value of Rs 4 (Indian Rupees four) each held in the Amalgamating Company 1, 4 equity shares of face and paid-up value of Rs 5 (Indian Rupees five) each in the Amalgamated Company.
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Business Standard
4 days ago
- Business Standard
Udaipur Cement Works fixes record date for scheme of amalgamation
Record date is 25 August 2025 Udaipur Cement Works has fixed 25 August 2025 as record date for the purpose of determining the names of the eligible equity shareholders of the Company i.e. Udaipur Cement Works (Amalgamating company 1) to whom equity shares of Amalgamated company i.e. JK Lakshmi Cement will be issued and allotted pursuant to the Scheme, as under: for 100 equity shares of face and paid-up value of Rs 4 (Indian Rupees four) each held in the Amalgamating Company 1, 4 equity shares of face and paid-up value of Rs 5 (Indian Rupees five) each in the Amalgamated Company.
Time of India
12-07-2025
- Time of India
Why India's e-truck incentive scheme can be a gamechanger for the economy and the environment
On July 11, 2025, when the Ministry of Heavy Industries officially released guidelines for subsidies under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, it marked a historic moment for India's transport sector. For the first time, electric trucks (e-trucks) are being supported by specific incentives at the national level. With a budget allocation of ₹500 crore aimed at supporting around 5,500 e-trucks, this initiative provides a critical push to decarbonize India's freight sector—one of the largest and fastest-growing sources of emissions in the country. Under the new guidelines, medium- and heavy-duty trucks (MHDTs), which are those with a gross vehicle weight of 3.5 tonnes and above, are eligible for subsidies of ₹5,000 per kWh of battery capacity. These subsidies are capped between ₹2.7 lakh and ₹9.6 lakh per vehicle, depending on the different categories of gross vehicle weight, and provide meaningful cost relief for early adopters. 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The PM E-DRIVE scheme is a vital first step in transitioning India's trucking sector towards a clean and atma-nirbhar (self-reliant) future. The Ministry of Heavy Industries has now addressed this long-overlooked segment and laid the foundation for systemic change. And it is only the beginning. For the transition to scale, the next frontiers include investing in nationwide charging infrastructure, facilitating access to affordable financing for fleet operators, and establishing long-term regulatory pathways. An important complementary step would be a swift rollout of the proposed fuel efficiency standards for MHDTs by the Bureau of Energy Efficiency, as such standards help level the playing field and drive faster adoption. The question is no longer if India will electrify its trucking fleet, but how fast it can lead the global charge. With the right mix of policies, industry collaboration, and public investment, India can set a benchmark for sustainable freight in the 21st century.
Time of India
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SBI Shares in focus as bank schedules July 16 board meeting to discuss fundraising plans
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of the State Bank of India SBI ) are likely to be in focus on Friday, as the bank has announced its upcoming board meeting, scheduled for next week, to consider fundraising plans . The country's largest lender has informed stock exchanges that a meeting of its Central Board is expected to be held on Wednesday, July a regulatory filing, SBI stated that the board will consider and seek approval for raising funds during the financial year 2025–26 (FY26) through the issuance of Basel III-compliant capital bonds denominated in Indian Rupees (INR).'In compliance with Regulation 29 (1), Regulation 50 (1) and other applicable provisions of the SEBI (LODR) Regulations, 2015, we inform that a meeting of the Central Board of State Bank of India is scheduled to be held on Wednesday, 16th July 2025, inter alia, to consider and seek approval for raising funds during FY26 by way of issuance of Basel III compliant capital bonds in INR,' the company to previous reports by ET, SBI is preparing to sell as much as Rs 25,000 crore ($2.9 billion) of shares to institutional investors as soon as next weekThis could be the nation's biggest deal of its fully subscribed, the qualified institutional placement (QIP) would become the largest ever in India, surpassing Coal India 's Rs 22,560 crore offering in 2015, according to Bloomberg data. The share sale was approved by the bank's board in Thursday, the shares of SBI closed flat at Rs 808 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
