Shradha AI Technologies Limited has scheduled a Board meeting on Friday, November 22, 2024, at its registered office in Nagpur. The primary agenda of the meeting is to discuss and approve the Record Date for determining shareholder eligibility for the proposed sub-division or split of Equity Shares. The company has an m-cap of over Rs 190 crore with a PE of 24x, an ROE of 13 and an ROCE of 18%.
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Havells India on Tuesday, November 19 said it will set up a refrigerator manufacturing facility in Ghlioth, Rajasthan with an investment of around ₹480 crore. The capacity addition is set to be of 14 lakh units and the same is to be added by the second quarter of FY27. The investment will be financed via internal accruals.
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Sayan Ghosh, a former IFC member, has launched Ortella Global Capital, a VC fund targeting Rs 300 crore, to provide hands-on support to start-ups in high-potential sectors, investing up to Rs 15 crore each in over 20 companies, focusing on early and growth-stage startups, with a goal of 10x returns and impact.
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