Rupa & Co’s Softline
Asian Granito’s
Asian Granito’s Rs 441 crore rights issue to open on April 25
The company plans to offer 7 crore shares at an issue price of Rs 63 per share. The shares of the company closed at Rs 118 per share on April 6. Hence, the issue price is at a discount of 46.6 percent to Wednesday’s closing price.
BLOCKCHAIN STARTUP
nterprise-grade blockchain startup XDC Network on Monday announced that it has secured $50 million from LDA Capital. The founders of the XDC Network have leveraged a portion of their personal token allocations to secure the $50 million to accelerate the expansion and development of Layer 2 projects across the ecosystem and to facilitate network adoption and real-world utility. The enterprise grade startup was launched in 2019 by Atul Khekade and Ritesh Kakdad. It offers services like DEXs, Metaverses, NFT marketplaces, oracles, decentralised email providers and cloud storage, payment dApps, legal document repositories, and tokenised real-world assets. The also offers decentralised network products to global financial institutions, retail users, and entrepreneurs. XDC Network intends to accelerate growth with LDA’s support.
Read more at: https://yourstory.com/the-decrypting-story/xdc-network-secures-50m-from-lda-capital-blockchain
Boman Irani as brand ambassador
B-Tex has announced its collaboration with actor Boman Irani as the brand’s new ambassador. With this association, B-Tex seeks to leverage Irani’s popularity, fan base, and influential voice to impact the market and reinforce its position as a leading brand in the industry.
Talking about the appointment, Ajay Patel, CMD, B-Tex, said, “We are looking forward to welcoming Boman Irani as our brand ambassador. With his immense popularity and influential aura, we stand resolute in the belief that this synergistic partnership shall transcend boundaries, elevating our outreach and fortifying our stance in the ever-evolving market.”
Hrithik Roshan as brand ambassador
Clear, the packaged drinking water company, has roped in Hrithik Roshan as their brand ambassador.
“Clear is already a well-established national brand, but I am confident that the association with Hrithik Roshan will boost our aspirations to emerge as a pre-eminent brand,” said Nayan Shah, Founder and CEO of CLEAR PREMIUM WATER.
Commenting on the association, the actor said, “I am excited to join CLEAR, one of the country’s most preferred and premium water brands, in its journey to encourage people to drink safe and mineral-rich water. Together, we will promote a healthy lifestyle with CLEAR’s premium products while working towards greater concerns like sustainability and environmental conservation.”