| Aruna Hotels |
Aruna Hotels will hold a meeting of the Board of Directors of the Company on 30 March 2019. |
| Atlas Cycles |
Atlas Cycles (Haryana) will hold a meeting of the Board of Directors of the Company on 2 April 2019. |
| Blue Blends (I) |
Blue Blends (India) will hold a meeting of the Board of Directors of the Company on 26 March 2019. |
| Oriental Aromat. |
Oriental Aromatics announced the dissolution of Oriental Aromatics INC, a Wholly Owned Overseas Subsidiary of the Company, incorporated under the Statutes of State of New Jersey. |
| Tata Coffee |
The Board of Tata Coffee at its meeting held on 22 March 2019 has noted the retirement of Sanjiv Sarin, as Managing Director & CEO of the Company effective 31 March 2019, in view of his current term of appointment expiring on the said date. The Board has appointed Chacko Purackal Thomas as the ''Managing Director & CEO' of the Company for a period of 3 years with effect from 1 April 2019 |
| Deepak Nitrite |
Deepak Nitrite announced that ICRA has re-affirmed the long-term rating of Line of credit at [ICRA] A+ (pronounced ICRA A plus) and Short Term rating at [ICRA] A1+ (pronounced ICRA A one plus) assigned to the fund based limits and non-fund based limits of Deepak Nitrite (DNL).The outlook on the long-term rating has been revised from Stable to Positive.
ICRA has also re-affirmed the rating at [ICRA] A1+ (pronounced ICRA A one plus) assigned to the Commercial Paper programme of DNL.
Further, ICRA has upgraded long term rating from [ICRA] BBB (pronounced ICRA triple B) to [ICRA] A- (pronounced ICRA A minus) and the short-term rating from [ICRA] A3+ (pronounced ICRA A three plus) to [ICRA] A2+ (pronounced ICRA A two plus) to Deepak Phenolics , Wholly owned subsidiary of DNL. |
| Cummins India |
Cummins India will hold a meeting of the Board of Directors of the Company on 29 March 2019. |
| Citadel Realty |
Citadel Realty & Developers will hold a meeting of the Board of Directors of the Company on 25 March 2019. |
| Tata Power Co. |
Tata Power Strategic Engineering Division (Tata Power SED) announced the signing of an important deal with the Ministry of Defence, Government of India, to supply 23 ship-borne 3D Air Surveillance Radars to the Indian Navy over the next 10 years.
The contract, estimated value is about Rs 1200 crore, was signed under the Buy & Make (India) category of the Defence Procurement Procedure (DPP) 2013 that will be offering the Indian Navy a
proven solution, with a production arrangement in India under Transfer of Technology (ToT) and
thereby furthering substantive self-reliance for India's defence requirements.
The contract will be executed by Tata Power SED as the prime contractor with foreign OEM (Original
Equipment Manufacturer) partner Indra Sistemas, Spain.
Tata Advanced Systems (TASL) has entered into an SPA with Tata Power for purchase of Tata Power SED, subject to regulatory and other approvals. |
| Tata Steel |
Tata Steel has acquired 1070,00,00,000 – 11.09% Non-Convertible Redeemable Preference Shares (NCRPS) of face value Rs 10 each, of Tata Steel BSL, aggregating to Rs 10,700 crore, in two tranches. |