The Bombay High Court on Friday approved the scheme of amalgamation of Gogri & Sons Investments Private Ltd, Alchemie Leasing & Financing Private Ltd, Anushakti Holdings and Anushakti Chemical & Drugs with Aarti Industries . The scheme is now pending final hearing before the Gujarat High Court for approval, which is expected on July 24, said Aarti Industries. The stock of Aarti Industries gained 2.9 per cent to ₹346.6 on the NSE.

Talbros Automotive Components on Friday said its joint ventures Magneti Marelli Talbros Chassis Systems and Talbros Marugo Rubber have won orders from Maruti Suzuki and Isuzu Motors India. Magneti Marelli Talbros has received an order for the supply of control arms to Maruti Suzuki for its upcoming car S-Cross SX4. Magneti Marelli Talbros Chassis Systems is a 50:50 joint venture with Magneti Marelli SpA, a Fiat Group company. Talbros Marugo Rubber has bagged orders for stabiliser bush, hose intercooler inlet and outlet, muffler hanger, and suspension bush for several models of Maruti Suzuki. It also received an order to supply air intake hose to Isuzu Motors India. Talbros Marugo Rubber is a 50:50 joint venture with Marugo Rubber Industries based in Japan. Marugo Rubber Industries produces anti-vibration products and hoses. Shares of Talbros Automotive Components closed at ₹136.7, up 3.4 per cent on the BSE.

The board of directors of Nutraplus India on Friday discussed the capex requirement of the company for the new projects at Dahej. The board granted approval to raise ₹100 crore either through qualified institutional placement, rights issue, follow-on public offer, issue of global depository receipts/ American depository receipts or foreign currency convertible bonds. The board also gave the nod to increase the authorised share capital to ₹30 crore from ₹20 crore and authorised its Company Secretary to apply for listing of the company’s shares on the National Stock Exchange. Shares of Nutraplus India slipped 3.2 per cent to ₹194.50 on the BSE.

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