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Garden Reach Shipbuilders & Engineers Ltd secures contract for supply of Fast Patrol Vessel
Posted On: 2021-01-21 00:42:56 (Time Zone: Arizona, USA)
Garden Reach Shipbuilders & Engineers Limited has announced that a contract has been signed on 20 Jan 2021 for supply of one Fast Patrol Vessel to the Government of Seychelles at the cost of Rs. 99.66 crores.
Shares of Garden Reach Shipbuilders & Engineers Ltd was last trading in BSE at Rs.192.15 as compared to the previous close of Rs. 192.15. The total number of shares traded during the day was 21995 in over 679 trades.
The stock hit an intraday high of Rs. 195.8 and intraday low of 191. The net turnover during the day was Rs. 4255878.
Garden Reach Shipbuilders & Engineers Limited signs contract to build an Ocean-going Passenger and Cargo Vessel for US$ 12.7 million
Posted On: 2021-01-13 22:55:12 (Time Zone: Arizona, USA)
A contract has been signed on 13 Jan 2021 with the Transport and Harbours Department, Ministry of Public Works, Government of Guyana, for designing, construction and supply of an Ocean-going Passenger and Cargo Vessel, by Garden Reach Shipbuilders & Engineers Limited, at the cost of US $ 12.7 million.
Shares of Garden Reach Shipbuilders & Engineers Ltd was last trading in BSE at Rs.194.2 as compared to the previous close of Rs. 194.85. The total number of shares traded during the day was 16139 in over 490 trades.
BW Businessworld
SEBI Exempts Family Trust Linked To Vascon Engineers Promoters From Open Offer Obligation
Sebi noted that objective of the proposed acquisition is to achieve efficient succession planning as well as for holding the controlling interest in Vascon Engineers in one entity rather than spreading the holding amongst different individuals which may not be in the best interests of the company.
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Markets regulator Sebi has exempted Vasudevan Family Trust from making an open offer following its proposed acquisition of shares in Vascon Engineers.
Sebi noted that objective of the proposed acquisition is to achieve efficient succession planning as well as for holding the controlling interest in Vascon Engineers in one entity rather than spreading the holding amongst different individuals which may not be in the best interests of the company. Efficient succession planning for the next generation is being facilitated through the acquirer trust, the regulator sa
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