Awfis Space Solutions Limited, a frontrunner in India’s flexible workspace industry, has announced a significant strategic shift by entering into a Business Transfer Agreement with SMS Integrated Facility Services Private Limited (SMS IFS). This deal involves the sale of Awfis’s Facility Management division, Awfis Care, for Rs. 27.5 Crores. The transaction, which is expected to […]
Adani Enterprises Limited, the flagship company of the Adani Group, has announced the early closure of its public issuance of ₹800 crore in secured non-convertible debentures (NCDs). Initially scheduled to close on September 17, 2024, the issue will now close on September 6, 2024. This decision was approved by the company’s Management Committee of the […]
Wilmington plc (LSE: WIL), a key player in providing data, information, education, and training within the global Governance, Risk, and Compliance (GRC) markets, has successfully completed the sale of its UK Healthcare Business to Inspirit Franklin Holdings Ltd for up to £26.3 million. This sale is part of Wilmington’s strategic move to exit its European […]
The board of directors of Libertine Holdings PLC, known for its development of Linear Generator technology, has announced the commencement of a formal review to explore strategic options aimed at maximizing value for its shareholders, employees, and other stakeholders. This Strategic Review comes at a crucial time as the company seeks additional resources to advance […]
In a strategic pivot, Cupid Limited has officially announced the cessation of its investment plans in Tourism Finance Corporation of India Ltd. (TFCI), a move reflecting the company’s reevaluation of its growth strategy and alignment with long-term objectives. This decision marks a significant shift in Cupid Limited’s investment strategy, underscoring a focus on core business […]