Waaree Energies shareholders have approved a significant capital raise. The company can now raise up to Rs 10,000 crore through a Qualified Institutions Placement. This move will bolster the company’s financial standing. Additionally, Jignesh Devchandbhai Rathod has been appointed as Whole-Time Director and CEO. These approvals were confirmed through a remote e-voting process.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.