DEFENSE, EXPLOSIVES, PRECISION MANUFACTURING (+VE)🚀🚀🚀🚀🚀

OGEL Licence Validity Extended To 3 Yrs From 2 Yrs
Alert: OGEL Is Open General Export Licence
Govt Expands OGEL Coverage To All Countries
Govt Expands Range Of Items Covered Under OGEL

What Is OGEL?

Open General Export License, a one-time government authorization that allows domestic companies to export specified military parts, components, or technology to pre-approved countries without needing individual permits for every single shipment

Govt simplifies DefenceExport SOP & open general export licence framework

Govt Says:

⏩No stakeholder consultation required for exports of non-lethal defence items

⏩No stakeholder consultation required for exports of items for intl tenders & exhibitions

⏩OGEL validity has been increased from two to three years. OGEL coverage has been expanded from 41 to all countries

⏩Range of items covered under OGEL has been expanded

HAPPIEST MINDS: CLARIFIES ON MEDIA REPORT REGARDING ITC INFOTECH

• Company clarifies that no disclosure is required regarding reports of ITC Infotech buying promoter stake

• Happiest Minds confirms continued compliance with all applicable regulatory disclosure requirements

• Company has not indicated any material development requiring disclosure

WAAREE ENERGIES: WINS 700 MW SOLAR + 2,800 MWh ESS PROJECT FROM SECI

• Received order from Solar Energy Corporation of India (SECI)

• Project: 700 MW Solar + 700 MW/2,800 MWh Energy Storage Solution in Solapur, Maharashtra

• PPA Tenure: 25 years from scheduled commencement of supply

• Order Type: One-time

• No promoter/group company interest; not a related party transaction

RBLBank: Receives GST show cause notice over ₹103.77 cr for FY21

Bank says to contest notice, sees no material impact on operations or financial position

MAC Power CNC-Crosses Past 2000-On Intra-Day Basis

Up 12x In 5 Years

MSTC: SHAREHOLDERS APPROVE ENTRY INTO TRAVEL & TOURISM BUSINESS

• Shareholders approved amendment to the MoA through a special resolution

• New business scope includes travel agencies, tour operators and tourist agents

• Activities can be carried out through web-based platforms or other channels

• Approval enables MSTC to explore opportunities in travel and allied services

Solara Active Pharma:

IT Department Drops Tax Demand For AY 2019-20

NBCC: WINS ₹134.27 CR NEW ORDERS

NBCC has received fresh work orders worth ₹134.27 Cr in the ordinary course of business.

• Kendriya Vidyalaya, Hazaribagh: ₹36.92 Cr

• Kendriya Vidyalaya, Darbhanga: ₹37.02 Cr

• Kendriya Vidyalaya, Maharajganj: ₹36.64 Cr

• Centre of Excellence, DIET Bargarh: ₹11.14 Cr

• Canara Bank Building, Alappuzha: ₹12.55 Cr

Total Order Value: ₹134.27 Cr + GST

XCHANGING SOLUTIONS Q1 FY27

Net Profit: ₹16.12 Cr | ↑17% YoY | ↓1% QoQ

Revenue: ₹53.64 Cr | ↑7% YoY | ↑5% QoQ

EBITDA: ₹17.99 Cr | ↑10% YoY | ↓6% QoQ

EBITDA Margin: 33.5% vs 32.7% YoY | 37.2% QoQ

YoY ↑ Growth | QoQ ↓ Decline