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Infibeam Avenues, Techknowgreen Solutions and Hazoor Multi Projects to see some action today
Jul-04-2025

Nueromind Technologies (Phronetic), a cutting-edge deep-tech AI company owned by Infibeam Avenues, has entered into a Memorandum of Understanding (MoU) with Nawgati Tech, a pioneering deep-tech company transforming India’s fuel and mobility infrastructure. This deal aims to co-develop next-generation AI-powered solutions tailored for the fueling, fleet, and energy sectors to automate reasoning capabilities for accurate decision making on real-time basis by using CCTV-video inputs.

Techknowgreen Solutions has been awarded a sub-contract work order amounting to Rs 7.86 crore from the Gujarat Institute of Desert Ecology (GUIDE). The work order pertains to continuous air quality management through the provision of two Continuous Ambient Air Quality Monitoring System (CAAQMS) units, along with a comprehensive maintenance contract for three years.

Hazoor Multi Projects has acquired 51% equity shares of Vyom Hydrocarbon by way of Share Purchase Agreement (SPA) for a total cash consideration of Rs 1,02,000. The Company proposes to expand its business operations to include activities in the Mining and Quarrying sector; the Oil and Gas industry; Extraction of Crude Petroleum and Natural Gas; provision of Oilfield Equipment and Services; Drilling and Consulting services; as well as Trade, Engineering, Procurement, and Construction service, Environmental Engineering and Sustainability initiatives, including but not limited to Waste Management.

Oil and Natural Gas Corporation (ONGC) and Mitsui O.S.K lines, Japan (MOL) have signed a Heads of Agreement on July 3, 2025 to enter into a partnership to build, own and operate two Very Large Ethane Carriers (VLECs). The VLECs shall be shipping imported ethane to ONGC Petro Additions (OPaL), a subsidiary of ONGC, for captive use as feedstock. This arrangement is subject to Board approval.

Kaynes Technology India has approved the further investment for an amount up to $17,700,000 towards acquisition of Equity Shares up to 17,524,752 of Kaynes Holding, Wholly Owned Subsidiary of the Company, in one or more tranches, at an issue price of $1.01 per share. The main object is to expand the business presence, including but not limited to, in the field of electronics system design and manufacturing, and also to facilitate/ undertake strategic investments/ acquisitions. 

Mega Corporation has received approval for acquisition (investment) of 14.89% in the equity share capital of BB&HV. The acquisition is being made with the objective to increase the shareholding in group company to 18.07%. The total consideration required to be paid for the purpose of acquiring additional shares of BB&HV is Rs 1.42 crore. 

ArisUnitern RE Solutions, a Subsidiary Company of the Arisinfra Solutions, has been awarded a contract by Village Wave for development management, which covers materials supply, project management, sales and marketing, lender management services for plot plus villa development project spread over approximately 21.9 acres of land at Shingadi Kadirenahalli Village, Bangalore. Broad consideration or size of the order(s)/contract(s) is approximately Rs 100 crore.

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