Carborundum Universal Ltd's board of directors would consider a proposal to sub-divide the equity shares from Rs 2 each to Re 1 each on August 5.

IDFC Small & Midcap Equity Fund has picked up 2.12 lakh shares of Jubilant Industries Ltd on July 22 taking its total shareholding in the company to 4,12,000 shares. With the latest acquisition, the fund's equity stake in the company has gone up from 2.49 per cent to 5.14 per cent.

Jaiprakash Associates Ltd has been awarded two contracts by Punatsangchhu-II Hydroelectric Project Authority, Bhutan for works relating to the construction of 990-MW Punatsangchhu-II Hydro-Electric Project (a joint implementation of the hydro electric project by the Royal Government of Bhutan and the Government of India) worth over Rs 2,000 crore.

While works like diversion tunnel, dam intake and desilting arrangement including hydro-mechanical works, etc, were worth Rs 1,224 crore, the balance Rs 855 crore was for other works like head race tunnel, power house and tailrace tunnel including hydro-mechanical works etc.

Shree Renuka Sugars Ltd has commissioned its new sugar refinery on the West Coast near Kandla port on July 25 having a rated capacity of 3,000 tonnes a day (1 million MT a year) of raw sugar refining and 45 MW of co-generation capacity.

Technofab Engineering Ltd has received two new orders worth Rs 163 crore taking the total order book to over Rs 900 crore.

Temptation Foods Ltd's board of directors will, on July 30, consider preferential allotment of shares to non-promoters and sub-division of shares of face value of Rs 10 to Re 1.

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