Latest news with #Scheme
Economic Times
2 days ago
- Business
- Economic Times
Honasa Consumer shares in focus as NCLT approves amalgamation scheme of 2 subsidiaries
Shares of Honasa Consumer, the parent company of Mamaearth, are expected to be in focus on Friday, June 27, following the receipt of the National Company Law Tribunal's (NCLT) order approving its amalgamation scheme involving two group entities. ADVERTISEMENT As per the company's regulatory filing, the NCLT, New Delhi Bench, in an order dated June 3, approved the scheme of amalgamation between Fusion Cosmeceutics and Just4Kids Services with Honasa Consumer. 'Order dated 03 rd June 2025 of the Hon'ble National Company Law Tribunal, New Delhi Bench ('NCLT New Delhi') in Company Petition No. 76/ND/2024 connected with Company Application No. 51/ND/2024 filed in relation to the Scheme of Amalgamation ('Scheme') between Fusion Cosmeceutics Private Limited ('Transferor Company-1') and Just4Kids Services Private Limited ('Transferor Company-2') with Honasa Consumer Limited ('Transferee Company') and their respective shareholders and creditors under the provisions of Sections 230-232 of the Companies Act, 2013 and other applicable provisions thereof,' the company said in its filing to the exchange. The company confirmed that it received the certified copy of the NCLT Delhi order on June 25, and noted that the Scheme will become effective once this certified copy is filed with the jurisdictional Registrar of scheme aims to streamline operations and consolidate entities within the Honasa group, which may improve organizational efficiency. However, the filing did not elaborate further on the financial impact or restructuring details. Also read: HDB Financial's pre-IPO lottery backfires. Are unlisted stocks not worth the hype? ADVERTISEMENT Over the past year, the stock of Honasa Consumer has declined by 29.60%. On a year-to-date (YTD) basis, it has gained 25.58%, while the six-month return stands at 24.33%. In the last three months, the stock has surged by 32.92%, but it recorded a marginal decline of 0.68% over the past one shares of Honasa Consumer, on Thursday, closed flat at Rs 312.95 on the BSE. ADVERTISEMENT Also read: HDB Financial's pre-IPO lottery backfires. Are unlisted stocks not worth the hype? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
4 days ago
- Business
- Business Standard
SECI extends deadline for green ammonia tender submission to June 30
The tender is aimed at enabling the production and long-term supply of 7,24,000 metric tonnes of green ammonia annually to 13 identified fertiliser plants across the country Press Trust of India New Delhi State-owned Solar Energy Corporation of India (SECI) has extended the timeline for submission of bids for contract for the production and supply of green ammonia under the National Green Hydrogen Mission by four days to June 30. Earlier, the last date for submission was June 26, 2025. According to a statement, SECI has extended the bid submission date for its ongoing tender pertaining to the production and supply of green ammonia. Issued on June 7, 2024, the tender is part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme - Mode 2A, Tranche I. The tender is aimed at enabling the production and long-term supply of 7,24,000 metric tonnes of green ammonia annually to 13 identified fertiliser plants across the country. SECI, as the implementing agency, will aggregate demand and enter into long-term offtake agreements with selected green ammonia producers. These agreements will provide commercial certainty for a 10-year duration and support market development for green hydrogen derivatives. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
4 days ago
- Business
- Economic Times
SECI extends timeline for green ammonia tender to Jun 30
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel State-owned Solar Energy Corporation of India (SECI) has extended the timeline for submission of bids for contract for the production and supply of green ammonia under the National Green Hydrogen Mission by four days to June the last date for submission was June 26, to a statement, SECI has extended the bid submission date for its ongoing tender pertaining to the production and supply of green on June 7, 2024, the tender is part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme - Mode 2A, Tranche tender is aimed at enabling the production and long-term supply of 7,24,000 metric tonnes of green ammonia annually to 13 identified fertiliser plants across the as the implementing agency, will aggregate demand and enter into long-term offtake agreements with selected green ammonia agreements will provide commercial certainty for a 10-year duration and support market development for green hydrogen derivatives.
Time of India
4 days ago
- Business
- Time of India
SECI extends timeline for green ammonia tender to Jun 30
State-owned Solar Energy Corporation of India (SECI) has extended the timeline for submission of bids for contract for the production and supply of green ammonia under the National Green Hydrogen Mission by four days to June 30. Earlier, the last date for submission was June 26, 2025. According to a statement, SECI has extended the bid submission date for its ongoing tender pertaining to the production and supply of green ammonia. Issued on June 7, 2024, the tender is part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme - Mode 2A, Tranche I. The tender is aimed at enabling the production and long-term supply of 7,24,000 metric tonnes of green ammonia annually to 13 identified fertiliser plants across the country. Live Events SECI, as the implementing agency, will aggregate demand and enter into long-term offtake agreements with selected green ammonia producers. These agreements will provide commercial certainty for a 10-year duration and support market development for green hydrogen derivatives. Economic Times WhatsApp channel )
Time of India
4 days ago
- Business
- Time of India
SECI extends bid deadline for green ammonia tender
The Solar Energy Corporation of India Limited ( SECI ), a Navratna Central Public Sector Enterprise operating under the Ministry of New and Renewable Energy, has announced an extension for the bid submission deadline of its tender for the production and supply of green ammonia. As per an official press release, the new deadline for bid submissions is June 30, 2025. Initially issued on June 7, 2024, this tender is a crucial component of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. Its primary objective is to facilitate the annual production and long-term supply of 724,000 metric tonnes of green ammonia to 13 designated fertiliser plants across India. As the implementing agency, SECI will play a pivotal role in aggregating demand and establishing long-term offtake agreements with the chosen green ammonia producers. These agreements are designed to provide commercial certainty for a duration of 10 years, thereby fostering market development for green hydrogen derivatives in the country.
