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As on 24 Jun 2024
Accord Synergy

Accord Synergy will hold a meeting of the Board of Directors of the Company on 1 July 2024.

Adani Ports

Adani Ports and Special Economic Zone has demonstrated its leadership on investors engagement by making it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey. In the transportation sector, APSEZ is the only Indian company to feature on the list, coming in at 2nd rank.

A total of 1,669 companies from across Asia, broadly categorised across 18 sectors, were voted in by investors. With the top 2-4 companies in every sector making it to the honour list, the total count of companies on the list stands at 55. This includes only 4 from India, including APSEZ that scored 1st rank across four parameters – IR Program, ESG Program, IR team and IR Professionals – from the buy-side and sell-side combined. Also, the company's board of directors received the 2nd rank and its CEO the top-rank from sell-side analysts.

A total of 4,943 buy-side professionals, managing an estimated USD 2 trillion in Asia (ex-Japan) equities, and 951 sell-side analysts voted for the 1,669 companies. The investors rated the companies on several areas, including financial disclosure, services and communication, ESG and Board of Directors as well as attributes for CEOs, CFOs and the Best IR Professionals.

Aditya AMC

Aditya Birla Sun Life AMC has granted 44,737 stock options (at exercise price of Rs 658.50) and 7,031 RSUs (at exercise price of Rs 5) under ESOP on 24 June 2024.

Ajel

Ajel announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 17 July 2024 .

Amara Raja Ener.

Amara Raja Advanced Cell Technologies (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility (ARE&M), has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co.

As part of the agreement GIB EnergyX will license Gotion's world class LFP technology for lithium-ion cells to ARACT. This comprehensive agreement enables Amara Raja to manufacture world class LFP cells in both cylindrical and prismatic form factors.

The scope of licensing provides access to cell technology IP, support in establishing Gigafactory facilities conforming to latest generation process technologies, integration with Gotion's global supply chain network for critical battery materials, and customer technical support for solution deployment.

The technology transfer and service support will fully complement Amara Raja's efforts to operationalize its Gigafactory manufacturing capacities and its advanced research and innovation centre, ‘e+ Energy Labs', that aims to lead India's R&D capabilities in this field.

Last year, Amara Raja announced an investment outlay of Rs 9,500 crores to establish the Amara Raja Giga Corridor in the state of Telangana. The company aims to keep their products competitive and contemporary through access to continuous improvements in cell performance and process efficiencies through the partnership period.

Amara Raja and Gotion are both shareholders and board members of InoBat, an emerging lithium battery technology company in Slovakia, tackling advanced applications such as electric aviation and developing a robust ‘Cradle to Cradle' ecosystem of battery value chain. GIB, a joint venture between Gotion High-tech and InoBat, has recently signed an investment agreement with the Government of Slovakia for the development of the first LFP battery Gigafactory in the country.

Gotion High-Tech has 8 global R&D centers, 8,000 patented technologies covering the battery industry value chain, 20 major manufacturing locations around the world, and a capacity layout expected to reach 300GWh by 2025.

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