Planify s parent sold 4,53,530 shares to subsidiary Planify Enterprises, which runs the crowdfunding platform, and raised about Rs 3,89,53,017 from 76 investors, contravening several provisions of the Companies Act, according to a notice from the RoC
Not all geopolitical events have the same effect on different sectors and segments of the market. One such segment is the small and medium enterprises (SMEs) sector, which consists of companies that have a market capitalization of less than Rs 500 crore and are listed on the dedicated platforms of BSE SME and NSE Emerge.
Among those under custody, who have been granted anticipatory bail are Anil Jindal, Bishan Bansal, Rajesh Singla and Nanak Chand Tayal, directors and promoters of SRS real estate company based in NCR.
French major bank Societe Generale upgraded Nordex shares to buy from hold with an unchanged target price of 16 euros. The stabilization in the supply chains underpins confidence in the wind turbine. | May 26, 2023
Gurugram (Haryana) [India], March 30 (ANI/NewsVoir): Planify has recently opened its doors to bring onboard the rapidly emerging star in the Crude Coal tar Industry, VCI Chemical Industries. Planify is the biggest platform that connects entrepreneurs with investors for hassle-free equity fundraising. Planify is actively working in Seed, Pre-Series A, and Series A Funding for the startups and helps raise between Rs 1 Cr. to Rs 50 Cr. for their ventures respectively. Planify-backed Startups have a portfolio valuation of over Rs. 1600 Cr. across 6 companies. VCI Chemicals is involved in the production of specialty chemicals products i.e. Coal Tar Pitch (commonly known as CTP) and high-grade Distillates. The company has a 1.1 Lakh MTPA Coal tar Distillery on 31.1-acre land in Kalinganagar, Orissa. CTP is a key ingredient used in the Aluminium smelter industry. The company aims to substitute 20 per cent-25 per cent of the CTP requirement in the Middle Eastern market which currently relies 1