June 21, 2026
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Corporates

Alok Industries To Raise Rs 3,300 Cr From RIL In NCRPS Deal

Textile manufacturer Alok Industries plans to raise Rs 3,300 crore through the issuance of Non-Convertible Redeemable Preference Shares (NCRPS) to its parent company, Reliance Industries Ltd (RIL). This move comes as part of Alok Industries’ ongoing financial strategy. Having been acquired by Reliance Industries and JM Financial ARC in 2019 through the corporate
Corporates

Lenzing Boosts Renewable Energy Portfolio With WLK Energy Deal

Lenzing, a global specialty fibre supplier, has finalized a 15-year supply agreement with Austrian electricity producer WLK energy for the acquisition of approximately 13 megawatts of wind power. This move underscores Lenzing’s dedication to climate protection and the energy transition, as well as its commitment to a stable and diverse electricity supply. The
Corporates

iFabric Corp. Expands with New Office Lease in Markham, Ontario

iFabric Corp. has finalized a lease agreement for approximately 5,000 square feet of office space in Markham, Ontario, situated near its existing head office and warehouse location. The new offices will serve as the home for the company’s Canadian management and administrative personnel. Following the relocation, the current company-owned building at 525 Denison

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