Adani Enterprises Ltd, “has completed the incorporation process of a joint venture company namely Valor Petrochemicals Ltd (VPL)… with Indorama Resources Ltd, Thailand,” AEL said in the filing. The company further added, “VPL is incorporated with the object to set Refinery, Petrochemical and Chemical business.”
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment