Pitti Engineering, a leading engineering company in India, has successfully raised ₹35,999.99 lakhs through a Qualified Institutions Placement (QIP). This strategic fundraising was initiated on July 8, 2024, and concluded on July 11, 2024, following the Fund Raising Committee’s approval to allot 34,14,749 equity shares to qualified institutional buyers at a price of ₹1,054.25 per […]
In a strategic move that highlights the intersection of engineering excellence and aviation innovation, Cyient, a global leader in Intelligent Engineering and Technology Solutions, has announced a partnership with Deutsche Aircraft, a pioneering German original equipment manufacturer (OEM) based in Weßling, near Munich. This collaboration is set to focus on the detailed design for manufacturing […]
Salasar Techno Engineering Ltd., a renowned engineering and infrastructure solution provider, has announced a significant leap in its strategic expansion plans with the acquisition of EMC Ltd. (formerly known as Electrical Manufacturing Company Limited). The acquisition, valued at Rs. 1,780 million, is poised to enhance Salasar’s market presence, particularly in the power transmission and substation […]
In an impactful move that underscores its commitment to sustainable solutions, Salasar Techno Engineering Ltd., a leading engineering and infrastructure solutions provider, has announced an agreement with ZETWERK Businesses Pvt Ltd. This collaboration is set to fortify Salasar’s foothold in the renewable energy sector, entailing the supply of 25,000 MT of Solar Structures for subsequent […]