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Volt Resources Ltd completes due diligence and will complete European graphite acquisition to become producer

Volt Resources completes due diligence and will complete European graphite acquisition to become producer The acquisition of a controlling 70% interest in the ZG Group will immediately transform the company from a graphite explorer and developer into one of the few ASX-listed graphite producers. The transaction is now unconditional and will be completed within 10 business days. Volt Resources Ltd (ASX:VRC) (FRA:R8L) has completed due diligence for the acquisition of a 70% interest in the Zavalievsky group of companies (ZG Group) and following formal notification to the existing shareholders later today, the transaction will become unconditional. This acquisition will result in the transformation of Volt into a graphite producer from ZG Group s operations in Ukraine.

GAIL India Ltd executes SPAs with NTPC Ltd

GAIL (India) to acquire NTPC s 14 82% stake in Konkan LNG

To sell 25.51% stake in Ratnagiri Gas and Power to NTPCGAIL (India) has executed Share Purchase Agreements with NTPC on 23 February 2021. a) Purchase of NTPC s entire shareholding (14.82%) in Konkan LNG (KLL). Consequently, GAIL s shareholding in KLL increased to 92.15%. b) Sale of GAIL s entire shareholding (25.51%) in Ratnagiri Gas and Power (RGPPL) to NTPC. Consequently, GAIL s shareholding in RGPPL reduced to NIL. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of C

Market nudges higher in early trade; breadth strong

Market nudges higher in early trade; breadth strong
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