What the market filed today.
Company announcements and corporate actions as they reach the exchanges — board outcomes, dividends, meetings and results, across every listed company. Updated through the day.
Tuesday, 13 October43 announcements
- Aaron Industries Ltd.AARONAaron Industries bags order worth Rs 2 crore from Gulf Elevators
Aaron Industries has received an order worth around Rs 2 crore (exclusive of GST) from Gulf Elevators, a domestic company. The order is for the supply of up to 30 units of EVOQ360 Home Lifts. The order is to be executed on or before September 30, 2027. Aaron Industries is providing all Elevator product and parts under one roof. It includes Elevator cabins, doors, frame, Header, Traction Machine etc.
- Aarti Industries Ltd.AARTIINDAarti Industries secures Rs 1500 crore manufacturing, supply agreement
Aarti Industries has entered into a 10+ year dedicated manufacturing and supply agreement with a leading global speciality chemical company serving diverse industries with a cumulative revenue potential of around Rs 1500 crore (about $150 million) over its contract term. The agreement establishes a new customer relationship for the company and supports the customer’s expanding requirements in India. The company will set up, commission, and operate a dedicated manufacturing facility in India for a speciality chemical used in high-performance applications, based on the customer's proprietary process technology and a structured financial arrangement to finance CAPEX of less than $25 million. The model combines global technology with the company’s process scale-up, engineering, and operating capabilities to provide a critical manufacturing outsourcing solution to global companies. Commercial operations are expected to commence in FY2028-29, subject to applicable approvals. By localising manufacturing through a dedicated Indian setup, this arrangement will support supply-chain resilience and the customer’s growth plans in India. For the company, the agreement broadens its global customer base, strengthens its strategic manufacturing portfolio and creates a platform to deepen the relationship as the customer’s India requirements grow. Aarti Industries (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint.
- Signpost India Ltd.SIGNPOSTSignpost India secures exclusive advertisement rights on ‘CHALO’ buses
Signpost India has secured exclusive advertising rights on the Interior and Exterior of CHALO Premium Buses operating on Key Arterial Roads across Mumbai from Chalo Mobility. The five-year contract brings gross advertising revenue of around Rs 36 crore. Signpost India provides both static and digital OOH advertising services.
- Bharat Electronics Ltd.BELBharat Electronics secures additional orders worth Rs 533 crore
Bharat Electronics has secured additional orders worth Rs 533 crore. Major orders received include communication equipment, avionics, cyber security solution, drones, jammers, software solution, upgrades, spares, services etc. Earlier, the company had secured additional orders worth Rs 648 crore. Bharat Electronics is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures state-of-the-art electronic products and systems for the Army, Navy and the Air Force.
- ICICI Prudential Life Insurance Company Ltd.ICICIPRULIICICI Life Insurance reports 25% rise in Q2 net profit
ICICI Life Insurance has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The company has reported a 25.05% rise in its standalone net profit at Rs 374.22 crore for the quarter ended September 30, 2026, as compared to Rs 299.26 crore for the same quarter in the previous year. Net premium income increased by 16.56% to Rs 13,803.90 crore for Q2FY27 as compared to Rs 11,843.10 crore for the corresponding quarter of the previous year. ICICI Life Insurance (Formerly known as ICICI Prudential Life Insurance Company) offers a range of life insurance, health insurance and pension products and services to its customers.
- Persistent Systems Ltd.PERSISTENTPersistent Systems inaugurates third facility in Hyderabad
Persistent Systems has inaugurated its third facility in Hyderabad at Phoenix Equinox in Gachibowli. The expansion strengthens the company’s ability to deliver programs in AI deployment, payments modernization, cloud platforms and operational resilience for banking, financial services and insurance clients. The facility provides secure, dedicated workspaces for program delivery and areas for the company and client teams to collaborate on AI deployment and systems modernization. It builds on the company’s Financial Services expertise and digital engineering capabilities to support clients working on critical technology programs within regulated environments. The company has more than 3,000 employees in Hyderabad, with existing offices at WaveRock and Sattva Knowledge City. The new facility extends this established presence and supports access to engineering and financial services talent in the city’s ecosystem of financial institutions, global capability centers and fintech companies. Persistent Systems is a global company specializing in software product and technology services.
- Tata Power Company Ltd.TATAPOWERTata Power Company signs MoU with Imperial College London
Tata Power Company and Imperial College London, a world-leading UK university, have signed a Memorandum of Understanding (MoU) to explore opportunities for collaboration in research, technology and knowledge exchange across critical areas of the energy transition. The collaboration will focus on areas including grid flexibility, energy storage, AI and ML applications in energy, and advanced energy systems. The partnership will seek to connect Tata Power’s experience of developing and operating energy infrastructure at scale with Imperial’s research expertise across digital technologies and decarbonization. The partnership comes as India and the UK deepen cooperation on clean energy and climate action. Under the India–UK Vision 2035, the two countries have identified energy storage and grid transformation as areas for greater cooperation, alongside joint work on AI, renewables, energy storage, hydrogen and carbon capture. The Vision also highlights the Net Zero Innovation Partnership as a vehicle for supporting deep-tech solutions and new markets for climate innovation. The partnership reflects a shared interest in translating research and innovation into practical applications. Tata Power brings extensive experience across power generation, transmission, distribution and renewable energy, while Imperial contributes research capabilities spanning energy systems, engineering, digital technologies, economics and decarbonisation. Tata Power Company is India’s largest integrated power company. It is a pioneer credited with steering the energy sector on technology, process and platform.
- Minda Corporation Ltd.MINDACORPMinda Corporation to acquire 26% stake in Sunsure Solarpark Sixteen
Minda Corporation has executed a Share Subscription Agreement with Sunsure Energy and Sunsure Solarpark Sixteen to acquire 26% equity of Sunsure Solarpark Sixteen. The objective of acquisition is to reduce the power cost by way of shifting towards the solar and wind power energy, which are cost effective and environment friendly. The acquisition cost is up to Rs 57.75 lakh and is expected to be completed within 6 months. Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.
- Shadowfax Technologies Ltd.SHADOWFAXQualcomm Ventures sells 0.98% stake in Shadowfax Technologies
Qualcomm Ventures has sold its 0.98% stake held in Shadowfax Technologies through an open market transaction worth around Rs 157.28 crore. Qualcomm Ventures, through its affiliate Qualcomm Asia Pacific Pte, has offloaded around 57.13 lakh shares of the company at an average price of Rs 275.30 apiece. Shadowfax Technologies is in the business of providing platform for logistics services using technology to Business-to-Business customers. It serves a wide category of enterprise clients including horizontal and non-horizontal e-commerce, quick commerce, food marketplace, and on-demand mobility companies.
- JTL Industries LtdJTLINDJTL Industries gets CPWD approval for Steel Pipes and Hollow Sections
JTL Industries has received approval from the Office of the Chief Engineer, Central Public Works Department (CPWD), NDZ-III, New Delhi, for the inclusion of its products in the approved list of preferred makes for works under its jurisdiction. The approval covers steel tubes, tubulars and other wrought steel fittings, hollow steel sections for structural use, steel tubes for structural purposes and steel pipes for water supply and sewage. This approval brings JTL one step closer to expanding its market share and strengthens the company's credentials as a trusted supplier for government and institutional projects. It also increases the visibility of JTL's DFT structural pipes and other products within CPWD's ecosystem, creating opportunities to participate in relevant procurement processes where the approved list applies. The development aligns with JTL's commitment to support nation-building through high-quality, domestically manufactured steel products and contributes to the Make in India vision. With a wide range of steel pipes and hollow sections, the company continues to focus on serving diverse customer segments across infrastructure, construction and industrial applications. JTL Industries is amongst the fastest growing steel tube manufacturers, with a Registered office located in Chandigarh. The company has manufacturing facilities in Punjab, Maharashtra, and Chhattisgarh.
- Organic Recycling Systems Ltd.543997Organic Recycling Systems’ arm bags order from BPCL for solid waste-based CBG plant
Organic Recycling Systems’ wholly owned subsidiary -- Solapur Bioenergy Systems (SBESPL) has secured an Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) order from Bharat Petroleum Corporation (BPCL). The order is for setting up of an organic municipal solid waste-based CBG plant at Hubli-Dharwad, Karnataka. The order is classified as ‘Large-scale order’, which is valued between Rs 50 to 100 crore. The order is to be executed with 15 months from the date of Letter of Acceptance (LOA) and has a O&M period of 5 years from commissioning. This is the fourth order secured by Solapur Bioenergy Systems from BPCL. Earlier, Solapur Bioenergy Systems had secured orders from BPCL for organic municipal solid waste-based CBG plants in Mysuru, Karnataka; Raipur, Chhattisgarh and Kozhikode, Kerala. Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain.
- Tata Motors Passenger Vehicles Ltd.TMPVTMPV, Stellantis India broaden partnership to include Advanced Technology and Product Collaboration
Stellantis India, Tata Motors Passenger Vehicles (TMPV) and its subsidiary Tata Passenger Electric Mobility (TPEM) have signed a Definitive Agreement that expands the scope of their long-standing partnership further into advanced technology and product collaboration. It builds on the Memorandum of Understanding (MoU) signed in February 2026 and marks an important expansion of the companies' long-standing strategic partnership. Under the Agreement, TMPV will provide Stellantis access to its advanced product technology and vehicle architecture, which Stellantis will build upon through its product development and engineering capabilities in India to address the requirements of more than 50 global markets, adapting to diverse customer, regulatory and operating requirements. The Vehicles developed under this Agreement will be manufactured in India at Fiat India Automobiles (FIAPL), the 50:50 joint venture between TMPV and Stellantis. This Definitive Agreement follows the MoU signed in February 2026 to explore collaboration across manufacturing, engineering and supply chain in India and overseas. It turns that intent into a specific product technology and architecture collaboration. Utilising India’s competitive engineering strengths and manufacturing scale, the collaboration aims to accelerate the export ambitions and further anchor India as a key node in the global production network. Tata Motors Passenger Vehicles (formally known as Tata Motors) is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors Passenger Vehicles has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.
- Mangalam Global Enterprise Ltd.MGELMangalam Global Enterprise opens new retail store in Gujarat
Mangalam Global Enterprise has opened new retail store in Ahmedabad, Gujarat, under its wellness brand, ‘NEAT EVERYDAY’, in addition to its existing retail stores network. The opening of the ‘NEAT EVERYDAY’ store marks significant step in the company's expansion strategy for its nutraceutical & wellness division. The newly opened ‘NEAT EVERYDAY’ store will offer a curated range of nutraceutical, wellness, beauty, personal care products, reflecting the company's commitment to promoting holistic well-being through high-quality and trusted offerings. This expansion is expected to further strengthen the company's retail footprint, enhance customer accessibility to its products and services, and support the long-term growth and development of the ‘NEAT EVERYDAY’ brand. Mangalam Global Enterprise is focused on being a pioneer in the Agri industry, mainly dealing in Castor and Cotton. Mangalam Global Enterprise was set up by Ahmedabad based Mangalam group.
- Capri Global Capital Ltd.CGCLCapri Global Capital raises Rs 160 crore via NCDs
Capri Global Capital has raised Rs 160 crore through the allotment of 16,000 Rated, Listed, Subordinated, Unsecured, Taxable, Redeemable and Transferable Non-Convertible Debentures under Series 18 (NCDs), having a face value of Rs1,00,000 each, on a private placement basis to the identified investors. The aforesaid NCDs have been issued at a fixed coupon rate of 9.75% per annum and are proposed to be listed on BSE. The Management Committee of the Company on October 13, 2026, approved the allotment of the same. Capri Global Capital is engaged in the business of providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for construction of residential houses in India, retail Lending in India and in providing ancillary services related to the said business activities.
- Mahindra & Mahindra Ltd.M&MM&M starts commercial production of zero-till multi-crop seeding machine 'MaxSeeder'
Mahindra & Mahindra (M&M) has commenced commercial production and supply of the innovative MaxSeeder, a precision ‘zero-till’, multi-crop seeding machine manufactured under licence from Clean Seed Technologies, Canada. An innovative zero-till multi-crop seeding machine, the MaxSeeder is designed to sow a wide variety of crops, including rice, wheat, soybean, maize and cotton. Through its zero-till technology, farmers can sow directly into paddy residue, eliminating the need for stubble burning. Its patented technology helps reduce fertilizer usage and seed wastage, improving input efficiency and farm profitability. In addition, the MaxSeeder supports water conservation and contributes to lower greenhouse gas emissions. The collaboration between M&M and Clean Seed Technologies combines Clean Seed's advanced precision seeding technology with the company’s world-class manufacturing capabilities to deliver innovative and sustainable farm mechanisation solutions that are accessible and affordable for farmers in India and across global markets. Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Among the various business interests of its parent group, the company is primarily engaged in automobile manufacturing and is one of India's leading automobile companies.
- Jubilant Pharmova Ltd.JUBLPHARMAAbakkus Asset Managers buys 0.69% stake in Jubilant Pharmova
Abakkus Asset Managers has increased its shareholding in Jubilant Pharmova with the acquisition of additional 0.69% stake in the company. Abakkus Asset Managers, through its fund -- Abakkus Four2Eight Opportunities Fund, has bought 11 lakh shares of the company for around Rs 100.65 crore from Quant Mutual Fund. The shares were bought at an average price of Rs 915.00 apiece. Jubilant Pharmova (formerly Jubilant Life Sciences) is a company engaged in pharmaceuticals, contract research and development services and proprietary novel drugs businesses.
- Lenskart Solutions Ltd.LENSKARTAlpha Wave Global sells 1.51% stake in Lenskart Solutions
Alpha Wave Global has sold 1.51% stake in Lenskart Solutions for around Rs 1,704.79 crore through an open market transaction. Alpha Wave Global, through Alpha Wave Ventures, LP, has sold around 2.64 crore shares of the company at an average price of Rs 645.31 apiece. Earlier, Alpha Wave Global has sold 1.69% stake in Lenskart Solutions, through open market transactions worth around Rs 1856.78 crore. Lenskart Solutions is a technology-driven eyewear company with integrated operations spanning designing, manufacturing, branding and retailing of eyewear products. It primarily sells prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories, under multiple brands and sub-brands.
- Karur Vysya Bank Ltd.KARURVYSYAKarur Vysya Bank inks pact with Zurich Kotak General Insurance
Karur Vysya Bank has entered into an agreement with Zurich Kotak General Insurance Company for the distribution of general insurance products to cater the requirements of the Bank's customers. The aforesaid arrangement has been entered into in the ordinary course of the Bank's business and forms part of regular bancassurance and customer service activities. Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.
- Sun Pharmaceutical Industries Ltd.SUNPHARMASun Pharma gets nod to raise up to Rs 10,000 crore via NCDs
Sun Pharmaceutical Industries (Sun Pharma) has received approval for the issuance of listed, rated, unsecured, redeemable nonconvertible debentures (NCDs), on a private placement basis, in one or more tranches and/or series, for an aggregate amount not exceeding Rs 10,000 crore. The Board of Directors of the Company at its meeting held on October 12, 2026, has, inter alia, considered and approved the same. Sun Pharmaceutical Industries is engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulation and Active Pharmaceutical ingredients (APIs).
- Puravankara Ltd.PURVAPuravankara reports 62% growth in Q2FY27 pre-sales
Puravankara has reported pre-sales of Rs 2,136 crore in Q2FY27, up 62% year-on-year (YoY) from Rs 1,322 crore in Q2FY26. Customer collections grew 24% YoY to Rs 1,301 crore during Q2FY27, up from Rs 1,047 crore in the same quarter last year. Sales area for the quarter stood at 1.83 million square feet (msft) in Q2FY27, up 22% YoY, while average price realisation improved 32% YoY to Rs 11,651 per square feet. During the quarter, the company handed over 977 homes totalling 0.97 msft, bringing cumulative handovers for H1FY27 to 1,722 homes spanning 1.92 msft. The company added 6.51 msft of potential developable area, with an estimated Gross Development Value (GDV) of Rs 8,900 crore, in Q2FY27. This brings total pipeline additions in H1FY27 to 10.74 msft, with an estimated GDV of Rs 14,100 crore, across Bengaluru, Mumbai and Greater Noida. Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune. Puravankara is a part of Puravankara Group.
- Crompton Greaves Consumer Electricals Ltd.CROMPTONCrompton Greaves introduces Crompton InstaNourish Pro Multi Purpose Kettle
Crompton Greaves Consumer Electricals has introduced Crompton InstaNourish Pro Multi Purpose Kettle, designed to bring the ‘Sear, Steam, Savour’ experience to everyday cooking by combining multiple cooking options in one appliance. Consumers are looking to include vegetables and simple, home-cooked foods in their meals, while seeking convenient ways to steam, boil, reheat and prepare food. This is particularly relevant for those living in hostels, smaller homes or spaces where access to a gas stove or induction cooktop may be limited. Safer and easier handling is also becoming an important consideration in everyday cooking. These evolving needs are creating a demand for compact, multi-purpose cooking solutions that offer greater flexibility without requiring multiple appliances. The Crompton InstaNourish Pro Multi Purpose Kettle brings multiple cooking capabilities into one appliance, enabling consumers to sear, steam and boil, while supporting the preparation of a variety of foods. From rice and steamed vegetables to snacks and reheated food, the appliance offers consumers greater flexibility in preparing different types of food using a single appliance. Crompton Greaves Consumer Electricals is India’s market leader in fans, number one player in residential pumps and has leading market positions in its other product categories.
- Bajaj Healthcare Ltd.BAJAJHCAREBajaj Healthcare executes Deed of Assignment to sell Dahej Undertaking for Rs 14.67 crore
Bajaj Healthcare has executed a Deed of Assignment with Spa Vet and Indosol Pure Technologies for the sale of an undertaking of the company situated at Dahej Industrial Area, GIDC, Bharuch, Gujarat. The undertaking was not operational during the last financial year, therefore turnover or revenue contribution is Nil. The transaction is expected to be completed upon fulfillment of conditions as mentioned under the Deed of Assignment. The consideration for the transaction is approximately Rs 14.67 crore. Bajaj Healthcare mainly focuses on development, manufacturing and supply of Amino Acids, Nutritional Supplements and Active Pharmaceutical Ingredients (API) for Pharmaceutical, Nutraceuticals and Food industries.
- Elitecon International Ltd.ELITECONElitecon International gets nod to raise Rs 1000 crore
Elitecon International has received approval for proposal to raise funds for an aggregate amount not exceeding Rs. 1,000 crore by way of issuance of equity shares of the company and/or such other eligible securities, including securities convertible into or exchangeable for equity shares, as may be permissible under applicable law, through one or more Qualified Institutions Placements (QIP), in one or more tranches and/or issuances. The Board of Directors of the Company at its meeting held on October 12, 2026, has, inter alia, considered and approved the same. Elitecon International is engaged in manufacturing and trading of cigarettes, smoking mixture and sheesha and other allied products of the tobacco industry across Domestic Market and Overseas Market.
- Shraddha Prime Projects Ltd.SHRADDHAShraddha Prime Projects launches 21-storey development ‘Param Adarsh’ in Mumbai
Shraddha Prime Projects has launched a 21-storey development ‘Param Adarsh’ located in Mulund West, Mumbai. Situated directly opposite Mulund West railway station, the project benefits from a prominent location in an established residential neighbourhood with better connectivity. With an estimated Gross Development Value (GDV) of around Rs 120 crore, Param Adarsh adds to the company’s development portfolio and reflects its continued focus on well-located residential opportunities across Mumbai. The project’s proximity to the railway station provides convenient access to public transport and key areas of the city, making it a strategically positioned development in the Mulund West micro-market. Shraddha Prime Projects stands as a distinguished real estate developer in the bustling city of Mumbai.
- Siyaram Recycling Industries Ltd.544047Siyaram Recycling Industries wins order worth Rs 4.06 crore
Siyaram Recycling Industries has secured order worth Rs 4.06 crore from Green Metals FZCO, Dubai, United Arab Emirates, for Brass Billets. The order is to be executed within 30 days. Earlier, the company had secured order worth Rs 2.02 crore from Green Metals FZCO, Dubai, United Arab Emirates for Brass Billets. Siyaram Recycling Industries is primarily engaged in segregation of brass scrap, manufacturing of brass ingots, billets, brass rods and brass-based components (plumbing and sanitary parts).
- L&T Finance Ltd.LTFL&T Finance raises Rs 800 crore through NCDs
L&T Finance has raised Rs 800 crore through the allotment of 80,000 subordinated, unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1,00,000 on a private placement basis, in dematerialised form for cash, to the identified investors on October 12, 2026. The NCDs carry a coupon rate of 8.57% per annum and will mature on October 10, 2036. The debentures are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) under New Debt Market of the National Stock Exchange of India (NSE). L&T Finance (formerly known as L&T Finance Holdings) is one of the leading Non-Banking Financial Companies in India, with a strong presence across the lending business catering to the diverse financing needs of served and underserved customers.
- Goodluck India Ltd.GOODLUCKGoodluck India’s arm emerges as sole bidder for artillery shell supply to MIL
Goodluck India’s subsidiary -- Goodluck Defence & Aerospace (GDAL), has emerged as the sole technically qualified bidder for the supply of specialised 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India (MIL), following the audit and technical evaluation of various existing suppliers. The qualification underscores GDAL’s manufacturing capabilities, quality standards, and technical competence in meeting the specialised requirements of the defence sector. Following the evaluation process, GDAL has been identified as the only technically qualified supplier for this specialised product. This development represents an important milestone for Goodluck India and strengthens the company’s strategic presence in the defence manufacturing ecosystem. It also reinforces the company’s commitment to developing specialised manufacturing capabilities, adhering to stringent quality requirements, and contributing to India’s growing defence manufacturing capabilities under the Government of India’s Atmanirbhar Bharat initiative. This technical qualification positions Goodluck Defence & Aerospace favourably for potential business opportunities relating to 155 mm HE M1A4 Ready-to-Fill Artillery Shells, subject to applicable procurement procedures, commercial terms, contractual requirements, and orders from Munitions India. Goodluck India is certified manufacturer and exporter of a precision engineered range of Cold Drawn Welded Tubes & Precision Tubes.
- Lords Mark Industries Ltd.501261Lords Mark Industries completes acquisition of Radio Electric
Lords Mark Industries has completed the acquisition of Radio Electric, the company behind the established 'Radiotone’ brand, as part of its strategic expansion into specialised electrical manufacturing and engineering under its Lighting & Energy Division. The company has acquired Radio Electric for a consideration of Rs 4.50 crore. The acquisition brings nearly nine decades of engineering expertise, specialised transformer technology, and high-current manufacturing capabilities into the company. It also provides a strategic edge in the growing Battery Energy Storage Systems (BESS) segment and enables in-house component manufacturing to improve profitability and value across the medical device business. Further, the acquisition provides an operating manufacturing infrastructure currently at around 50% single-shift capacity, offering immediate headroom to scale production without heavy upfront capital expenditure. Lords Mark Industries is engaged in consultancy in various fields including trading in capital market instruments; market research and follow-up across multiple industries; turnkey power projects consultancy; and undertaking energy and infrastructure projects.
- Vikran Engineering Ltd.VIKRANVikran Engineering’s arm enters into facility agreement with IREDA
Vikran Engineering’s wholly-owned subsidiary -- NOPL Solar Projects (NOPL) has entered into a facility agreement with Indian Renewable Energy Development Agency (IREDA) for availing a rupee term loan facility aggregating up to Rs 2,941.19 crore. The facility is intended to part finance the development of a 969 MWac / 1,163 MWp solar photovoltaic power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) Scheme, comprising 152 locations across Maharashtra, at an estimated project cost of Rs 4,201.70 crore. With the execution of the aforesaid Facility Agreement, the financing arrangements for the EPC contract awarded to Vikran Engineering by NOPL of Rs. 3517.98 Crore, for the development of the 969 MW solar power project have been finalised, marking a significant milestone towards the implementation and execution of the project. Vikran Engineering is an EPC Company offering a wide range of integrated end to end services including infrastructures project, power transmission and distribution, Extra High Voltage (EHV) substation and water infrastructure including design, supply, civil works, construction, testing and commissioning.
- The Karnataka Bank Ltd.KTKBANKKarnataka Bank launches ‘Trade Konnect’ digital platform
Karnataka Bank has launched 'Trade Konnect', a digital platform that enables customers to submit requests for import, export transactions and outward cross border remittances online, anytime, anywhere eliminating the need for physical branch visits. Implementing the digital platform 'Trade Konnect' for online submission of forex transaction and cross-border outward remittance requests is a significant step towards enhancing customer experience and accelerating the bank’s digital transformation. The platform is designed to support the evolving requirements of businesses engaged in international trade and individuals undertaking foreign remittances by providing a seamless, secure and efficient digital channel. Karnataka Bank has developed comprehensive range of customized products & services suitable for every kind of market, trade or perceived need - Business or Personal.
- Aequs Ltd.AEQUSAequs signs long-term supply agreements with Safran
Aequs has signed long-term supply agreements with Safran, a global leader in the aerospace industry for critical components. These agreements reflect the commitment of both companies to strengthen their collaboration and highlight Safran's dedication to working with trusted, high-quality industrial partners. The contracts will support Safran's supply chain and ongoing production programs, while also contributing to the growth and development of Aequs within the aerospace sector. This milestone represents a significant opportunity for Aequs to further expand its activities alongside one of the world's leading aerospace companies. The agreements build on Aequs’ longstanding engagement with Safran Landing Systems and extend the relationship to Safran Aerosystems, broadening the scope of collaboration. The awards cover the machining of superalloys parts, along with the supply of complex machining coating, and assembly of landing gear components for the Airbus A320, A330, A350 and Boeing 787 programs. Aequs will leverage its integrated aerospace manufacturing ecosystem and end-to-end capabilities across forging, precision machining, special processes, surface treatment, and assembly to manufacture these products. The agreements further strengthen the role of Aequs’ Belagavi Aerospace Cluster as an integrated manufacturing base serving global aerospace supply chains. This capability base will be further expanded with the upcoming Aequs Engine Components Ecosystem (AECE) in Hosur, Tamil Nadu, where the manufacture of as all medium and large parts will be taken up. Aequs operates as the flagship manufacturing and precision engineering business of the broader Aequs Group. Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors.
- Juniper Green Energy Ltd.JNPRJuniper Green Energy commissions 150 MW Wind Solar Hybrid Power Project
Juniper Green Energy has fully commissioned its 150 MW Wind Solar Hybrid Power Project under the Power Purchase Agreement with Gujarat Urja Vikas Nigam with the commissioning of final 5 MW wind turbine at the project site on October 12, 2026. The commissioning has been witnessed and confirmed by officials of Gujarat Energy Development Agency and Paschim Gujarat Vij Company, and the formal certificate is expected to be issued shortly. Pursuant to the commissioning of the above capacity, the aggregate operational capacity of Juniper Green Energy and its subsidiaries stands at around 2,745 MWp and around 603 MWh BESS as of the date hereof. Juniper Green Energy is an independent power producer (IPP) in India which develops, builds, operates and maintains utility scale renewable energy projects through its in-house engineering, procurement and construction and operations and maintenance teams, and generates revenue through the sale of electricity to various off-takers, including central and state government-backed entities.
- Kalpataru Projects International Ltd.KPILKalpataru Projects International receives orders worth Rs 2,225 crore
Kalpataru Projects International has received orders worth around Rs 2,225 crore. Of the total, the company has secured new orders / letter of comfort of around Rs 2,031 crore in the Power Transmission & Distribution (T&D) business in India and international markets. Additionally, Linjemontage i Grastorp AB (Sweden), a subsidiary of the company, has received an order worth around Rs 194 crore (around 200 million Swedish Krona). Kalpataru Projects International is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.
- ICICI Prudential Asset Management Company Ltd.ICICIAMCICICI Prudential AMC reports 6% rise in Q2 net profit
ICICI Prudential Asset Management Company has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The company has reported a 6.08% rise in its net profit at Rs 888.96 crore for the quarter ended September 30, 2026, as compared to Rs 837.99 crore for the same quarter in the previous year. Total income increased by 11.90% to Rs 1,690.70 crore for Q2FY27 as compared to Rs 1,510.92 crore for the corresponding quarter of the previous year. ICICI Prudential Asset Management Company (ICICI Prudential AMC) manages the investment portfolios of the ICICI Prudential Mutual Fund (the Fund) and provides various administrative services to the Fund and ICICI Prudential Trust.
- Tavexia Lifecare Ltd.539519Tavexia Lifecare gets nod to acquire 60% stake in Meyonex Pharmaceuticals
Tavexia Lifecare has secured approval to acquire a 60% controlling equity stake in Meyonex Pharmaceuticals. The board of directors of the company has approved the acquisition. The acquisition, valued at Rs 67.19 crore, will be executed through a cash subscription of 2,09,97,180 fresh equity shares at an issue price of Rs 32 per share. This strategic move provides the company with an immediate operational foothold via Meyonex’s established manufacturing and commercial operations situated in MIDC Tarapur, Maharashtra. The acquisition of Meyonex is expected to deliver significant synergies, providing an immediate growth runway that enables the company to scale its revenue baseline and leverage operational efficiencies. To finance this well-capitalized roadmap, the management has initiated plans for strategic fund-raising through permissible equity or convertible instruments, ensuring capital discipline while backing accretive growth. The company is positioning itself to benefit from sustained sector tailwinds, including support for domestic manufacturing, global supply-chain diversification (China+1 strategies), and escalating demand for specialized generic formulations. By pivoting decisively into contract manufacturing and scalable pharma assets, the company’s management aims to build a resilient platform designed to unlock substantial long-term value. Additionally, the company is aggressively expanding into several high-growth segments, including Active Pharmaceutical Ingredients (APIs) & Bulk Drugs, Finished Dosage Forms & Formulations, CDMO & CRAMS Services and Nutraceuticals & Biotechnology. Tavexia Lifecare (formerly known as Sattva Sukun Lifecare) is engaged in manufacturing & trading of Burners.
- RBL Bank Ltd.RBLBANKRBL Bank reports over two-fold jump in Q2 consolidated net profit
RBL Bank has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The bank has reported an over two-fold jump in its net profit at Rs 481.77 crore for the quarter ended September 30, 2026, as compared to Rs 178.52 crore for the same quarter in the previous year. Total income increased by 21.60% to Rs 5,399.45 crore for Q2FY27 as compared to Rs 4,440.17 crore for the corresponding quarter of the previous year. On a consolidated basis, the bank has reported an over two-fold jump in its net profit at Rs 498.36 crore for Q2FY27, as compared to Rs 192.46 crore for the same quarter in the previous year. Total income increased by 21.62% to Rs 5,401.65 crore for Q2FY27 as compared to Rs 4,441.59 crore for the corresponding quarter of the previous year.
- Azad Engineering Ltd.AZADAzad Engineering secures rate contract worth Rs 52.68 crore from BHEL
Azad Engineering has been approved as a long-term source by Bharat Heavy Electricals (BHEL), a Maharatna Indian Public Sector Undertaking, and has been awarded a two-year long term rate contract for the supply of critical stationary and rotating airfoils (blades) for their heavy duty gas turbines. The estimated value of the contract is around Rs 52.68 crore. The contract is to be executed by October 09, 2028. This approval marks an important step in the company’s growing role in India's domestic power generation equipment ecosystem and supports BHEL's indigenisation of critical gas turbine components. Azad Engineering is one of the key manufacturers of its qualified product lines in the aerospace and defence, energy and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.
- ARSS Infrastructure Projects Ltd.ARSSINFRAARSS Infrastructure Projects bags work order worth Rs 22.67 crore
ARSS Infrastructure Projects has secured a work order worth around Rs 22.67 crore from office of the Superintending Engineer Kataka. The order is for improvement such as widening and strengthening of Cuttack City Ring Road to 6 Lane-Statndard from Khan Nagar to Sikharpur via Bel view Chowk and Bidanasi from 5/200 km to 8/520 km (Judicial Academy Chhak to Chahata Chhak) in the District of Cuttack under State Plan. The order is to be executed within 8 months. ARSS Infrastructure Projects is one of the fastest growing construction companies of India, focusing on infrastructure construction segment including highways, buildings and railways.
- HCL Technologies Ltd.HCLTECHHCL Technologies reports 21% rise in Q2 consolidated net profit
HCL Technologies has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The company has reported a 61.91% rise in its net profit at Rs 4,302 crore for the quarter ended September 30, 2026, as compared to Rs 2,657 crore for the same quarter in the previous year. Total income increased by 13.73% to Rs 16,098 crore for Q2FY27 as compared to Rs 14,154 crore for the corresponding quarter of the previous year. On a consolidated basis, the company has reported a 21.18% rise in its net profit at Rs 5,132 crore for Q2FY27, as compared to Rs 4,235 crore for the same quarter in the previous year. Total income increased by 10.81% to Rs 35,854 crore for Q2FY27 as compared to Rs 32,357 crore for the corresponding quarter of the previous year.
- Airfloa Rail Technology Ltd.544516Airfloa Rail Technology bags LoA worth Rs 34.85 crore
Airfloa Rail Technology has received a Letter of Acceptance (LoA) for new order value of Rs 34.85 crore on October 12, 2026 under a Consortium with BLUE Engineering, Italy, from ICF-HQ-Mechanical, Office of the CDE/Mech, Integral Coach Factory, Chennai. Airfloa Rail Technology is the Lead Member for the Consortium. The LoA is for the interior design of Vande Bharat Sleeper Trainset (1 set) and the Mock-up development (1 set). The entire work shall be completed within 12 month from the date of issue of LoA. Airfloa Rail Technology is engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (ICF), other coach factories.
- Ircon International Ltd.IRCONIrcon International receives LoA worth Rs 862.45 crore from East Central Railway
Ircon International has received Letter of Acceptance (LoA) worth Rs 862.45 crore from East Central Railway (Construction Organisation), O/o Chief Administrative Officer, Construction, East Central Railway, Mahendrughat, Patna, Bihar, India. The LoA is for the supply of ballast & P.Way materials including laying and linking of track works and other miscellaneous works for 32.5 T axle load in Gomoh-Koderma section (Rly km 300.15 to 393.68, DHN Division) and Gaya-Son Nagar section (Rly km 475.200 to 542.075, DDU Division) of East Central Railway, and supply of various P.Way materials at Gaya under Dy. CE/Con/Gaya, in connection with construction of 3rd & 4th line of Son Nagar-Andal Project. The work order is to be executed within 365 days. Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.
- Power Grid Corporation Of India Ltd.POWERGRIDPower Grid Corporation acquires Lakadia C Power Transmission
Power Grid Corporation of India has acquired Lakadia C Power Transmission, the Project SPV to establish inter-state transmission system for the project namely ‘Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-C’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL). The project comprises establishment of new 765/400/220 kV Alephata Sub-station in the state of Maharashtra. Further, the project also involves construction of 765 kV and 400 kV transmission lines traversing through the state of Maharashtra along with the associated equipment and bays. The cost of acquisition is Rs 19.94 crore, including 10,000 equity shares at par at Rs 10 each, along with the assets and liabilities of Lakadia C Power Transmission. However, the acquisition price is subject to adjustment based on the audited accounts of the Company as on the acquisition date. Power Grid Corporation of India is mainly engaged in the business of transmission of power through its EHVAC/HVDC transmission network. The company has provided/providing consultancy services to domestic and international clients by leveraging its capability and experience in the field of power transmission, sub transmission, distribution management, load dispatch & communication etc.
- Yash Highvoltage Ltd.544310Yash Highvoltage’s arm enters into representation agreement with EHV Solutions
Yash Highvoltage’s subsidiary -- Yash HV USA INC. has entered into a 36-month Representation Agreement with EHV Solutions LLC, effective October 12, 2026, covering five additional states in the Western and South-Central United States. With the addition of EHV Solutions LLC, YASH HV USA INC.’s representation network has expanded from 22 to 27 states, strengthening its market presence and extending engagement with utilities and customers across additional regions. This builds on the appointments of ENSALES Electrical Associates, Inc., headquartered in North Carolina, which established representation across 19 states spanning the Southeast, Mid-Atlantic, Northeast, Midwest and South-Central regions, and Gateway Power Sales, which added three Midwestern states earlier this month. EHV Solutions LLC will support the promotion, marketing and sales of Yash Highvoltage’s products, alongside stakeholder mapping, product evangelism, utility approvals and product homologation across its appointed territories. The US electrical sector comprises more than 3,000 utilities. Yash HV USA INC.’s representation agreements are designed to address this diverse market by partnering with experienced US energy sector companies with established industry relationships, technical expertise and an understanding of utility requirements. These partnerships support utility approvals and facilitate the adoption of Yash Highvoltage’s products for projects undertaken by utilities across their respective territories. Yash Highvoltage is a leading manufacturer of condenser graded transformer bushings catering to the power generation and transmission industry.
Monday, 12 October37 announcements
- The Indian Hotels Company Ltd.INDHOTELIndian Hotels Company opens Brij Tara in Rajasthan
Indian Hotels Company has opened Brij Tara in Ranthambore, Rajasthan. The resort offers a range of experiences that encourage guests to engage with the destination, including wildlife safaris, birdwatching excursions, guided nature walks and visit to the historic temple. Curated experiences such as bush dinners, interactions with local artisans and stargazing further provide opportunities to discover the cultural and natural character of Ranthambore. Set across nine acres, Brij Tara features 17 villas, cottages and residences designed to blend privacy, comfort and a sense of place. Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.
- Life Insurance Corporation of IndiaLICILIC to launch three new products
Life Insurance Corporation of India (LIC) is all set to launch three new products, LIC’s New Jeevan Dhara – II, LIC’s Health Shield and LIC’s New Cancer Cover. These products will cater to domestic market and will be available for sale with effect from October 19, 2026. LIC’s New Jeevan Dhara - II is a Non-Par, Non-Linked, Individual, Savings, Deferred Annuity Plan, LIC’s Health Shield is a Non-Par, Non-Linked, Health, Individual, Pure Risk Plan, while LIC’s New Cancer Cover is a Non-Par, Non-Linked, Health, Individual, Pure Risk Plan. Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.
- HCL Technologies Ltd.HCLTECHHCL Tech, Anthropic partner to accelerate enterprise adoption of Agentic AI
HCL Technologies and Anthropic have signed Global Premier Partnership to accelerate enterprise adoption of Agentic AI with a focus on safety, cybersecurity and governance. The company’s services teams will build industry solutions and offerings powered by Claude, Cowork and Claude Code, while HCLSoftware, as an Anthropic ISV partner, will embed these into it select enterprise products. The company will establish a dedicated Anthropic Business Unit with a Center of Excellence (CoE) to build Agentic AI solutions and provide secure sandbox environments for enterprise deployments of Claude through FDEs. It will also help clients adopt AI-native engineering practices, train their workforces and build the organizational capabilities needed to operate Agentic AI safely at scale. As an ISV, HCLSoftware will embed Claude capabilities and have access to advanced models to integrate into select enterprise products across cybersecurity, automation and business process application and application development, including HCL BigFix and HCL AppScan, while enabling Actian AI analyst. Additionally, the company will integrate Claude and Claude Code in its agentic software engineering platform AIForce across IT support, code remediation and digital employee services. These workflows are supported by policy guardrails, exception handling and human oversight for high-impact changes. HCL Technologies is primarily engaged in providing a range of IT and business services, engineering and R&D services and modernized software products and IP-led offerings.
- CreditAccess Grameen Ltd.CREDITACCCreditAccess Grameen signs $175 million syndicated social loan facility
CreditAccess Grameen (CA Grameen) has signed $175 million syndicated social loan facility, qualifying as ECB (External Commercial Borrowing) under the automatic route of the Reserve Bank of India (RBI). Standard Chartered Bank and DBS Bank acted as the Joint Mandated Lead Arrangers and Bookrunners. The transaction reflects the continued confidence of international lenders in CA Grameen’s business model and corporate governance standards. This marks the fifth ECB syndication transaction successfully completed by CA Grameen over the past five years, mobilising $640 million till date. The Company currently holds around 24% of its liability profile in foreign borrowings, building a strong lender base across 15 countries. Over the past decade, CA Grameen has been continuously working towards diversification of its liability franchise beyond traditional bank borrowings, building presence in domestic debt capital market and expanding outreach in global loan market leveraging its strong ESG credentials. During FY27, the Company has also mobilised Rs 940 crore through multiple private placements of non-convertible debentures (NCDs), with pricing broadly in line with its average cost of borrowings. CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
- Hazoor Multi Projects Ltd.532467Hazoor Multi Projects bags LoA worth Rs 28.10 crore from NHAI
Hazoor Multi Projects has received Letter of Award (LoA) worth Rs 28.10 crore from the National Highways Authority of India (NHAI). The LoA is for user fee collection agency on the basis of competitive bidding through E-tender for Gaddurur (Nangli) Fee Plaza at Km 217.450 of Mulbagilu to AP/KNT Border Section of NH-75 (Old NH-4) from Km. 216.912 to Km. 239.100 in the State of Karnataka and upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items. The order is to be executed within one year. Hazoor Multi Projects is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works.
- L&T Technology Services Ltd.LTTSL&T Technology Services inaugurates AI-Native EI Lab for Digital Manufacturing in Bengaluru
L&T Technology Services (LTTS) has inaugurated its AI-Native EI Lab for Digital Manufacturing in Bengaluru, an experiential environment where customers and partners can see AI-Native Manufacturing, digital twins and autonomous systems working together across the lifecycles. The EI Lab extends LTTS’ Engineering Intelligence charter to the manufacturing shop floor. Through live and scenario-based demonstrations, customers can move from digital engineering and virtual validation to connected production, intelligent operations and autonomous systems, and see the integration pathways that make each of them scale. L&T Technology Services is a leading global pure-play engineering research and development (ER&D) services company.
- GHCL Ltd.GHCLGHCL commences commercial production of Liquid Bromine at Gujarat facility
GHCL has commenced commercial production of a new product ‘Liquid Bromine (Br2)’ at the company's plant in Amreli, Gujarat. The product will cater to both domestic and international markets. The annual capacity of Bromine is 2800 MT. The product is classified under chemicals and commodity chemicals. GHCL is engaged in primarily two segments consisting of Inorganic Chemicals (mainly manufacture and sale of Soda Ash) and Home Textile division (comprising of yarn manufacturing, weaving, processing and cutting and sewing of home textiles products).
- Taneja Aerospace & Aviation Ltd.TANAATaneja Aerospace gets nod to invest in TAAL Precision Products
Taneja Aerospace & Aviation has received approval to invest in TAAL Precision Products (TPPPL), representing 100% of its paid-up share capital, with the objective of enhancing its aerospace manufacturing capabilities. Upon completion of the investment/acquisition, TPPPL will become a wholly owned subsidiary of the company. The Board of Directors of the company, at its meeting held on October 12, 2026, has approved the same. Taneja Aerospace & Aviation is a company that specialises in Aerospace and Aviation Services. The company provides a range of services including aircraft maintenance, repair and overhaul (MRO), as well as manufacturing of aerospace parts.
- Goldiam International Ltd.GOLDIAMGoldiam International opens two retail stores at Rajasthan, Uttar Pradesh
Goldiam International has opened its 27th and 28th retail stores at Jaipur, Rajasthan and Noida Extension, Uttar Pradesh, respectively, for lab-grown diamond jewellery. Both stores have commenced operations and opened to the public on October 12, 2026. With the opening of these two stores, the company now has an aggregate of 28 operational retail stores under its brand ‘ORIGEM’ across India as on October 12, 2026. The opening of these stores is in line with the company's ongoing strategy to expand its retail footprint and strengthen the presence of its ‘ORIGEM’ brand across key markets in India. Goldiam International is into the business of manufacturing and exporting Jewellery. The company’s product line consists of varieties of designs, in Rings, Earrings, pendants etc.
- Wanbury Ltd.WANBURYWanbury's arm launches ‘berrysoft’ baby product range across multiple states in India
Wanbury’s subsidiary -- Wanbury Skin Health has launched ‘berrysoft’ baby product range across multiple states in India. The launch represents Wanbury Skin Health’s strategic entry in the Paediatric Dermatology segment, leveraging the company's existing relationships with paediatricians (doctors specialized in children practice). The company has received GST registration in 5 states including Maharashtra, Delhi and Karnataka with three more in pipeline. The company also has received CFA Drug Licenses in Mumbai, Jaipur, Patna and Ambala with four more in pipeline. The berrysoft baby range has been developed to address everyday baby skincare and hygiene needs, with a portfolio comprising Gentle Bathing Bar, Gentle Body Wash, Foam Shampoo, Syndet Handwash already launched and Moisturising Lotion, Diaper Rash Cream, and Moisturising Cream in pipeline. The range features dedicated formulations for different aspects of a baby's daily cleansing, moisturisation and skincare routine. Wanbury, one of India’s fastest growing pharmaceutical companies amongst the ‘Top 50 Companies’ in India (as per ORG-IMS), has a strong presence in API global market and domestic branded Formulation.
- Dr. Lal Pathlabs Ltd.LALPATHLABDr. Lal Pathlabs makes further investment in PathLabs Unifiers
Dr. Lal Pathlabs has made a further investment in PathLabs Unifiers (PUPL), a Wholly Owned Subsidiary of the Company, by subscribing to the equity shares of PUPL on October 12, 2026. The transaction value is not exceeding Rs 30.3 crore. The subscription of shares is intended to fund the acquisition by PUPL, remaining 30% equity stake in CentraPath Labs (CPL), subsidiary of PUPL. Post this acquisition, CPL will become Wholly Owned Subsidiary of PUPL. Dr. Lal Pathlabs is a provider of diagnostic and related healthcare tests and services in India.
- Pace Digitek Ltd.PACEDIGITKPace Digitek gets nod to raise Rs 250 crore via NCDs
Pace Digitek has received approval for the issuance of 2,50,000 listed, rated, secured, redeemable non-convertible debentures (NCDs), having a face value of up to Rs 10,000 each aggregating up to Rs 250 crore. The said NCDs are proposed to be listed on Wholesale Debt Market Segment of BSE. The Board of Directors of the Company at its meeting held on October 12, 2026, has approved the same. Pace Digitek delivers innovative telecom power systems, optic fiber laying, and renewable energy solutions across India and globally.
- Shraddha Prime Projects Ltd.SHRADDHAShraddha Prime Projects launches ‘Pandora by Shraddha’ in Mumbai
Shraddha Prime Projects has launched of ‘Pandora by Shraddha’, a 22-storey mixed-use development located in Nahur West, Mumbai. The project received an encouraging response on its launch day, with 110 units booked out of a total inventory of 471 units, translating into an aggregate booking value of around Rs 60 crore. Pandora by Shraddha has been conceived as a development offering a mix of residential and commercial spaces. The residential offering includes compact 1 RK and studio apartments, with the project designed to cater to varied housing requirements in Mumbai’s established residential markets. The project has an estimated revenue potential of around Rs 220 crore. Shraddha Prime Projects stands as a distinguished real estate developer in the bustling city of Mumbai.
- Puravankara Ltd.PURVAPuravankara inks joint development pact for 12.76-acre land parcel in North Bengaluru
Puravankara has signed a joint development agreement (JDA) for a 12.76-acre land parcel in Sathanur, North Bengaluru, with an estimated gross development value (GDV) of Rs 2,500 crore. The proposed development, with a saleable area of around 1.90 million square feet (msft), will strengthen the company’s residential development pipeline in Bengaluru and reinforce its focus on high potential micro-markets and strategic land additions. With the proposed Sathanur development, the company’s business development additions for FY27 so far comprise eight projects with a combined development potential of around 12.64 msft across Bengaluru, Mumbai and Delhi-NCR, and a total potential GDV of Rs 16,600 crore. Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune. Puravankara is a part of Puravankara Group.
- Westlife Foodworld LtdWESTLIFEWestlife Foodworld’s owned McDonald launches Spicy Patakha Range
Westlife Foodworld’s owned and operated restaurant brand ‘McDonald's India (West & South)’ has launched its Spicy Patakha Range. The range features the Spicy Patakha Paneer Burger and Spicy Patakha Chicken Burger. Building on the brand's ‘Let's Family at McD’ platform, which celebrates the role McDonald's plays in bringing families together through everyday moments and special occasions, the launch embraces the spirit of festive togetherness. From family outings and shopping breaks to festive catch-ups with loved ones, McDonald's continues to be a place where people come together to create meaningful memories. Inspired by India's love for festive indulgence, both burgers combine smoky, spicy flavours with rich makhani-inspired notes to create a distinctly Indian taste experience. The Spicy Patakha Paneer Burger features a spiced paneer patty, while the Spicy Patakha Chicken Burger comes with a spicy chicken patty, both layered with a flavour-packed smoky sauce and served in soft, toasted buns. Westlife Foodworld, formerly known as Westlife Development, focuses on setting up and operating Quick Service Restaurants (QSR) in India through its subsidiary Hardcastle Restaurants (HRPL). The Company operates a chain of McDonald’s restaurants in West and South India, having a master franchisee relationship with McDonald’s Corporation USA, through the latter’s subsidiary.
- Jubilant Pharmova Ltd.JUBLPHARMAJubilant Pharmova gets nod to raise up to Rs 800 crore via NCDs
Jubilant Pharmova has received approval for issuance of up to 80,000 fully paid-up, rupee denominated, secured / unsecured, listed, rated, redeemable and transferable non-convertible debentures (NCDs) of face value of Rs 1,00,000 each, aggregating up to Rs 800 crore, on a private placement basis, in one or more tranches, subject to applicable laws and regulatory approvals, if any. The Board of Directors of the Company, at its meeting held on October 12, 2026, has, inter alia, considered and approved the same. Jubilant Pharmova (formerly Jubilant Life Sciences) is a company engaged in pharmaceuticals, contract research and development services and proprietary novel drugs businesses.
- Raymond Ltd.RAYMONDRaymond’s arm to set up additional brownfield facility in Andhra Pradesh
Raymond’s subsidiary is setting up an additional brownfield facility in proximity to its existing Mega manufacturing facility in Andhra Pradesh. The company through its subsidiary companies is accelerating its capacity expansion in Andhra Pradesh to support strong business momentum and growing customer requirements. The facility is being developed as an interim capacity augmentation initiative and is expected to support incremental customer requirements and volumes during the current financial year. The decision to accelerate brownfield capacity addition reflects the company’s focus on responding swiftly to customer demand while maintaining capital and execution discipline. In parallel, the company’s planned greenfield project in Andhra Pradesh is progressing as scheduled. The greenfield facility is envisaged as a larger, long-term manufacturing platform that will significantly enhance the company’s infrastructure and capacity to support its medium- to long-term growth plans. Raymond is primarily concentrating on its Engineering (Tools & Hardware, Auto Components, Precision) in addition to nonscheduled airline operations. In Engineering, the company is scaling its presence across some of India’s most promising sectors, including automotive, electric mobility, and sunrise sectors such as aerospace and defence.
- Shilpa Medicare Ltd.SHILPAMEDShilpa Medicare gets GMP Certification from AGES, Austria for Telangana facility
Shilpa Medicare has received GMP Certification from AGES, Austria for its Unit 4, Jadcherla, Telangana, India, following a successful inspection. AGES, Austria had conducted inspection at the said facility from July 27, 2026 to July 30, 2026. This Unit of Shilpa Medicare is engaged in the manufacturing, testing and distribution of sterile Injections and non-sterile tablets and Capsule finished dosage forms in Europe and rest of the world markets. Shilpa Medicare produces and exports consistently high-quality Active Pharmaceutical Ingredients Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications.
- Greaves Cotton Ltd.GREAVESCOTGreaves Cotton’s arm adds over 50 new Ampere Experience Centers across 15 states
Greaves Cotton’s electric mobility arm -- Greaves Electric Mobility’s E2W brand – Ampere has added more than 50 new Ampere Experience Centers across 15 states during the Navratri festive period, marking a decisive step in its aggressive growth journey. The expansion strengthens Ampere’s ability to deliver an integrated product experience, sales and service proposition closer to customers. From around 300 Experience Centers over a year ago to over 600 today, Ampere has doubled its network footprint in just over a year, creating a strong retail and service platform for its next phase of growth. The larger network will give more customers direct access to Ampere’s portfolio of award-winning electric scooters across varied needs and use cases. The portfolio includes the Ampere Nexus EX+, powered by a new 5 kW motor; Magnus GMax, combining everyday practicality with connected technology; Magnus Neo, engineered for comfortable city riding; and the recently launched Ampere Reo Vyb for younger riders. Nexus EX+ and Magnus GMax are also available with ‘Intellipack’, offering 30+ intelligent convenience features. The 50 plus new Experience Centers span key markets across four regions: North - Delhi, Haryana, Uttar Pradesh and Rajasthan; East - West Bengal, Odisha and Jharkhand; West - Maharashtra, Madhya Pradesh and Gujarat; and South - Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Kerala. Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc.
- SJS Enterprises Ltd.SJSSJS Enterprises’ arm inks pact to establish manufacturing facility in Pune
SJS Enterprises’ wholly-owned subsidiary -- SJS Display Electronics (SDEPL) has entered into an Agreement to Sub-Lease for establishing its manufacturing facility, on a Build-to-Suit basis, at Village Koregaon Bhima, Taluka Shirur, District Pune, Maharashtra, pursuant to an Agreement to Sub-Lease executed and registered on October 11, 2026. The said facility is expected to be ready for commencement of commercial operations by September 2027. This development marks a significant step in furtherance of the company's expansion into the cover glass and display electronics business through SDEPL. SJS Enterprises is one of the leading decorative aesthetics suppliers with the widest product coverage across decorative aesthetics pertaining to major vehicle segments such as two-wheelers, passenger vehicles and consumer durable.
- Suzlon Energy Ltd.SUZLONSuzlon Group to invest Rs 550 crore to set up three AI-powered blade factories
Suzlon Group is planning to invest around Rs 550 crore, funded through internal accruals, to set up three AI-powered blade factories to fast-track execution of its order book and meet rising demand of the domestic wind industry. Two facilities are planned in Gujarat and Karnataka, while the third will come up in Tamil Nadu. Of the investment, Rs 200 crore has been earmarked for the Tamil Nadu project; while the remaining will be utilised for Gujarat and Karnataka facilities. The new plants will create 3,000 direct and 12,000 indirect jobs with 80 per cent rural employment. With the addition of the three units, Suzlon will have India's largest smart wind manufacturing capacity with a total of 18 factories. Suzlon already has five blade factories in Jaisalmer, Bhuj, Ratlam, Dhule and Anantapur. As of March 2026, Suzlon had an order book of around 6 GW of wind energy projects from multiple clean energy players. Suzlon energy is the flagship company of Suzlon group, which is leader in wind energy in the India.
- Oswal Pumps Ltd.OSWALPUMPSOswal Pumps’ arm gets nod to set up 1.2 GW TOPCon solar cell manufacturing facility
Oswal Pumps’ wholly owned subsidiary -- Oswal Solar Energy (OSEPL) has received board’s approval to set up a 1.2 GW solar cell manufacturing facility based on TOPCon (Tunnel Oxide Passivated Contact) technology. The board of directors of OSEPL in its meeting held on October 10, 2026, inter-alia, approved the same. The commercial production is expected to commence by April 2028. The entire output is intended for captive consumption by OSEPL's in-house solar module lines. It is intended to secure a steady, reliable supply of DCR cells and reduce the company's exposure to spot-market price volatility and supplier-driven commercial terms. It will also extend OSEPL's value addition from module assembly into cell manufacturing. Together, these benefits are expected to strengthen the group's cost structure, competitive positioning in Government-backed programmes, and profitability at the consolidated level over time. The total project cost is estimated at around Rs 456 crore. Of this, about Rs 296 crore is proposed to be funded through debt. The balance of Rs 159.85 crore is proposed to be funded from the unutilised IPO proceeds of Rs 163.04 crore, which were originally earmarked for the Aluminium Frame Facility, the remaining 300 MW EVA Encapsulant Facility and the remaining 500 MW Solar Module Facility through infusion in OSEPL. It is proposed to deploy the Net Proceeds towards the said solar cell manufacturing facility by Financial Year 2028. Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand.
- Premier Energies Ltd.PREMIERENEPremier Energies secures orders worth Rs 4,001 crore in Q2FY7
Premier Energies has received orders aggregating to Rs 4,001 crore in the July-September quarter (Q2FY7). These orders, coming from a mix of major power producers, module manufacturers, EPC companies and other customers, are for a mix of solar cell and module supplies (total 2,308 MW) and EPC project execution. The orders exclude orders received from the retail market segment. The strong order inflow supports the company’s growth as it continues to expand its manufacturing capabilities--total module manufacturing capacity has nearly doubled recently to 11.1 GW, while the solar cell manufacturing capacity has increased from 3.6 GW to 10.6 GW following the commissioning of a 7 GW TOPCon solar cell manufacturing facility last month at Naidupeta, Andhra Pradesh. Premier Energies manufactures integrated solar cell and solar panel.
- United Breweries Ltd.UBLUnited Breweries launches Heineken Silver in Assam
United Breweries (UBL) has launched Heineken Silver in Assam. The brand is now available in 11 markets, reflecting the growing demand for premium and international beer experiences among Indian consumers. Consumers are increasingly seeking beers that deliver quality, refreshment, and a smooth drinking experience. The strong response to Heineken Silver across existing markets has reinforced its appeal among consumers looking for a contemporary premium lager. Heineken Silver is brewed using only three natural ingredients, barley, hops and water, alongside Heineken’s signature A-Yeast and a distinctive horizontal brewing process. This unique brewing method contributes to its smooth, crisp and subtle taste profile, making it a refreshing and easy-to-drink lager. Heineken Silver is available in Assam, priced at Rs 120 for a 330 ml pint, Rs 160 for a 500ml can and Rs 200 for a 650ml bottle across retail outlets. United Breweries is maker of Kingfisher beer and Heineken beer in India.
- PNGS Reva Diamond Jewellery Ltd.PNGSREVAPNGS Reva Diamond Jewellery opens exclusive brand store in Rajasthan
PNGS Reva Diamond Jewellery has opened its exclusive brand store at Mansarovar, Jaipur, Rajasthan, on October 11, 2026. With this addition, as on date, the company has total 34 Shop-in-Shop (SIS) stores with P. N. Gadgil & Sons and 5 Exclusive Brand Stores (EBO). Earlier, the company had opened its exclusive brand store on September 23, 2026 at Sharanpur Road, Canada Corner, Nashik. PNGS Reva Diamond Jewellery is a retail focused jewellery brand involved in the business of sale of a wide range of jewellery made using diamond and precious and semi-precious stones which are studded into precious metals such as gold and platinum.
- Avenue Supermarts Ltd.DMARTAvenue Supermarts reports 9% rise in Q2 consolidated net profit
Avenue Supermarts has reported results for the second quarter ended September 30, 2026 (Q2FY27). The company has reported 7.64% rise in its net profit at Rs 803.60 crore for the quarter ended September 30, 2026 as compared to Rs 746.55 crore for the same quarter in the previous year. The total income of the company has increased by 18.32% at Rs 19,229.45 crore for Q2FY27 as compared to Rs 16,251.71 crore for the corresponding quarter of the previous year. On consolidated basis, the company has reported 8.55% rise in its net profit at Rs 743.57 crore for the quarter ended September 30, 2026 as compared to Rs 685.01 crore for the same quarter in the previous year. The total income of the company increased by 17.74% at Rs 19,657.54 crore for Q2FY27 as compared to Rs 16,695.87 crore for the corresponding quarter previous year.
- PN Gadgil Jewellers Ltd.PNGJLP N Gadgil Jewellers opens new store in Ayodhya
P N Gadgil Jewellers (PNG Jewellers) has opened its new store in Ayodhya, strengthening its presence in Uttar Pradesh. The store is PNG Jewellers’ 81st overall and its fifth in the state, following Lucknow, Kanpur, Gorakhpur and Varanasi. The opening follows the encouraging response the brand has received from customers across Uttar Pradesh and brings its collections closer to customers in Ayodhya. Located next to Rikabganj Women Police Station, the new store gives Ayodhya customers access to PNG Jewellers’ products, collections, and quality service closer to home. The occasion also marks the debut of Ram Katha, an exclusive collection inspired by the Ramayana and the historical, cultural and spiritual heritage of Ayodhya. Launched by Kangana Ranaut, the collection is being introduced in its initial phase across PNG stores in North India, with availability set to expand nationally to all PNG Jewellers stores soon. The store also showcases a range of gold, diamond, temple and bridal jewellery for weddings, festive occasions and everyday wear. Customers can explore PNG Jewellers’ collections, including Saptam, Katha, Pratha, Eiina and Polmi, with designs crafted for local tastes. P N Gadgil Jewellers offers a wide range of precious metal/ jewellery products, including gold, silver, platinum and diamond jewellery under its brand name 'PNG' in various price ranges and designs.
- Siyaram Recycling Industries Ltd.544047Siyaram Recycling Industries bags order worth Rs 2.02 crore
Siyaram Recycling Industries has secured order worth Rs 2.02 crore from Green Metals FZCO, Dubai, United Arab Emirates for Brass Billets. The order is to be executed within 7 days. Earlier, the company had secured two orders aggregating to Rs 5.66 crore. Siyaram Recycling Industries is primarily engaged in segregation of brass scrap, manufacturing of brass ingots, billets, brass rods and brass-based components (plumbing and sanitary parts).
- Rajesh Power Services Ltd.544291Rajesh Power Services receives orders worth Rs 471.92 crore from MGVCL
Rajesh Power Services has received orders worth Rs 471.92 crore (including taxes) from Madhya Gujarat Vij Company (MGVCL) for conversion of 11kV overhead line to Medium Voltage Covered Conductor (MVCC) and Under Ground Network at various locations of Gujarat under MGVCL Under SI Scheme Robust-III. The orders are to be executed within 18 months. Rajesh Power Services (RPSL) is amongst the largest players in the country, firmly established in the underground power transmission and infrastructure EPC space.
- STL Networks Ltd.STLNETWORKSTL Networks incorporates wholly owned subsidiary
STL Networks has incorporated a wholly owned subsidiary (WOS) namely ‘STL Networks DC’. The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on October 10, 2026. The WOS incorporated with the primary objective to establish, acquire, own, operate, manage and market data centre & telecommunication infrastructure, data centre solutions and connectivity services; obtain and maintain all requisite licences, approvals and authorisations from the Department of Telecommunications and other regulatory authorities; and carry on the business of providing integrated data centre and connectivity solutions, including all incidental and ancillary activities, with a focus on operational flexibility, scalability and growth in the digital infrastructure and telecommunications sector. STL Networks operates under the brand name 'Invenia'. Invenia is a leading digital infrastructure and IT services company. It enables telcos, government, defence, citizen networks, and large enterprises (in BFSI, Education, Mining, Energy, and Healthcare) across India and the UK with advanced capabilities in designing, building, managing, and transforming digital landscapes.
- Baazar Style Retail Ltd.STYLEBAAZABaazar Style Retail opens new store in West Bengal
Baazar Style Retail has opened a new store of Style Baazar at Raniganj, West Bengal, on October 11, 2026. With this addition, the total number of stores as on date stands at 286. Earlier, the company had opened a new store of Style Baazar at Fulbari, Jalpaiguri, West Bengal on October 09, 2026. Baazar Style Retail operates in the value retail sector, offering a diverse range of both apparel and non-apparel consumer goods.
- Godrej Properties Ltd.GODREJPROPGodrej Properties unveils pedestrian corridor along LK Mehta Marg in partnership with BMC, RC Group
Godrej Properties and RC Group in partnership with the Brihanmumbai Municipal Corporation (BMC) have completed and inaugurated the newly developed pedestrian corridor along LK Mehta Marg, It is the first completed public infrastructure project under the Bandra Bay Beautification Initiative. Designed to enhance pedestrian safety, ease movement and make Bandra Bay a more welcoming, walkable and vibrant address for Mumbai, the corridor is the first step in a larger plan for the bay's edge. This plan will add a green promenade, open lawns, a pet park, a quiet reading zone and an amphitheatre. A mini golf course and a sports and activity zone are planned for the next phase. Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
- KEC International Ltd.KECKEC International wins orders worth Rs 1,014 crore
KEC International has secured new orders worth Rs 1,014 crore in its India T&D business, including its first order for setting up of a 765 kV Transmission line for evacuation of power from a Pumped Storage Plant (PSP) in Western India. Earlier, the company had secured new orders worth Rs 1,030 crore across various businesses. KEC International, flagship company of the RPG Group, is a global infrastructure Engineering, Procurement, and Construction (EPC) major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
- PCBL Chemical Ltd.PCBLPCBL Chemical’s arm incorporates wholly owned subsidiary
PCBL Chemical’s subsidiary -- Nanovace Technologies has incorporated a wholly owned subsidiary, Nanovace Advanced Materials. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs, Government of India, on October 9, 2026. The incorporation of the subsidiary is aligned with the strategic focus on advanced battery materials and next-generation energy storage technologies. Nanovace Advanced Materials, inter-alia, will focus on applications in electric vehicles (EVs), battery manufacturing, consumer electronics, defence, aviation and aerospace, power tools, energy storage systems (ESS), and other related industrial and technological sectors. PCBL Chemical (formerly known as PCBL) is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
- Viviana Power Tech Ltd.VIVIANAViviana Power Tech secures contracts worth Rs 466.73 crore from MGVCL
Viviana Power Tech has secured a new turnkey contracts aggregating to Rs 466.73 crore (inclusive of taxes) from existing client M/s Madhya Gujarat Vij Company (MGVCL). The scope of work covers the conversion of HT O/H 11 kv open line to MVCC overhead conductor and under ground networking, within the jurisdictions of various MGVCL divisions under the SI Scheme - Robust-III. The contracts are to be executed within 18-16 months from the dates of LoAs. Viviana Power Tech is engaged in the business of Power transmission, Distribution, and Industrial EPC space projects (Engineering, Procurement, and construction).
- Saatvik Green Energy Ltd.SAATVIKGLSaatvik Green Energy bags Rs 100 crore order from MSEDCL
Saatvik Green Energy has received an order from Maharashtra State Electricity Distribution Co. (MSEDCL) for design, manufacture, supply, transport, installation, testing and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 3 HP, 5 HP and 7.5 HP capacity at identified farmer’s site in district of Maharashtra, including complete system warranty and its repair & maintenance and remote monitoring system for 5 Years under Magel Tyala Saur Krushi Pump Yojana/ PM KUSUM B scheme. The total order value of 5,000 Solar Photovoltaic Water Pumps is for an around amount of Rs 100 crore (exclusive of GST). The installation and commissioning of SPWPS within 60 days from date of issuance of NTP/work order from circle office. Saatvik Green Energy and its subsidiaries are primarily engaged in the manufacturing of Solar Photovoltaic Modules and also provide Engineering, Procurement, and Construction (EPC) services in this regard.
- Airfloa Rail Technology Ltd.544516Airfloa Rail Technology signs MoU with KTK Group Co for PSD projects in India
Airfloa Rail Technology (Airfloa) has signed a Memorandum of Understanding (MoU) with KTK Group Co. to jointly pursue eligible Platform Screen Door (PSD) projects in India. The proposed collaboration is aimed at strengthening the company’s capabilities in railway equipment manufacturing through technology collaboration, domestic production & project execution. The arrangement brings together KTK Group’s engineering and technical expertise in platform screen door systems with Airfloa’s local project execution capabilities, including project management, installation, testing and commissioning. It also envisages an Indian manufacturing programme led by Airfloa for selected mechanical & electrical components used in full-height platform screen door systems. The collaboration aims to strengthen Airfloa’s manufacturing capabilities in specialised railway equipment while advancing domestic localization. Airfloa Rail Technology is engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (ICF), other coach factories.
Saturday, 10 October15 announcements
- Nimbus Projects Ltd.NIMBSPROJNimbus Projects incorporates subsidiary company
Nimbus Projects (NPL) has incorporated subsidiary company with the name ‘IITL Nimbus The Hyde Park’ on October 08, 2026. The newly incorporated company shall continue to undertake the business of construction of residential houses, commercial buildings, flats, farm houses and factory’s sheds and buildings in or out side of India, to act as builders, developers, colonizers and civil and constructional contractors and other real estate projects, and to provide allied real estate consultancy and related services. The same line of activities of the newly incorporated company will consolidate NPL business activities. Nimbus Projects is engaged in the business of developing real estate properties for residential, commercial and retail purposes.
- Innovision Ltd.INNOVISIONInnovision’s arm bags work order worth Rs 1.97 crore
Innovision’s subsidiary-- Aerodrone Robotics has received a work order from the Indian Army, Ministry of Defence, through 15 Field Regiment, Dehradun, for the supply of 225 units of 7-inch First Person View (FPV) Drones. The order is valued at Rs 1.97 crore and is expected to be completed in 6 months. Innovision is in the business of providing manpower services, toll plaza management and skill development training to its clients across India.
- Paradeep Parivahan Ltd.544383Paradeep Parivahan secures road transportation contract from JSW Cement
Paradeep Parivahan (PPL) has secured a road transportation contract from JSW Cement for the transportation of cement, Ground Granulated Blast Furnace Slag (GGBS), and other specified bulk materials. The contract involves the transportation of thousands of tonnes of material per month from JSW Cement’s facility at Raigad, Maharashtra, to customer-designated destinations. This development marks a significant step in strengthening PPL’s bulk logistics portfolio, complementing the company’s proposed acquisition of 100 bulkers and expanding its transportation capabilities to cater to the growing logistics requirements of the cement industry. The new contract is expected to further enhance the company’s operational capacity and reinforce its presence in the bulk transportation and logistics segment. The strategic alignment of the proposed fleet acquisition with the newly secured transportation contract presents Paradeep Parivahan (PPL) with an opportunity to deploy the proposed assets towards revenue-generating operations, subject to the operational schedule and applicable contractual requirements. This development is expected to strengthen the company’s asset base, enhance its transportation capacity, improve operational efficiency, and support its long-term sustainable business growth. Paradeep Parivahan (PPL) is a trusted leader in India's logistics and supply chain industry, delivering end-to-end freight mobility solutions to some of the country's largest industrial and infrastructure enterprises.
- Blue Dart Express Ltd.BLUEDARTBlue Dart Express signs MoU with India Post
Blue Dart Express has signed a Memorandum of Understanding (MoU) with India Post to further extend its delivery reach. Building on Blue Dart’s extensive national network, the collaboration will strengthen last-mile connectivity for businesses and customers across Tier III and Tier IV towns and remote locations. The expanded coverage will be introduced in a phased manner. The collaboration brings together Blue Dart’s express logistics capabilities and India Post’s extensive postal network to provide customers with access to a wider range of markets. Shipments to these additional locations will be delivered through India Post’s network, complementing Blue Dart’s infrastructure. The partnership creates a scalable model for extending market coverage through the complementary strengths of both organisations and the efficient use of existing infrastructure. The MoU builds on the longstanding relationship between the two organisations and their shared focus on customer service. The expanded coverage will offer greater delivery accessibility and convenience, supporting the growing participation of smaller towns and remote communities in India’s commerce. Blue Dart Express, South Asia's premier express air and integrated transportation and distribution company, offers secure and reliable delivery of consignments in India.
- PDS Ltd.PDSLPDS’ step-down arm transfers entire stake in Northern Brands
PDS’ step-down subsidiary in Hong Kong--Northern Apparel (Northern Apparel, HK) has transferred its entire stake in Northern Brands, a step-down subsidiary of the company in the United Kingdom (Northern Brands, UK). Consequent to the aforesaid transfer, Northern Brands, UK ceases to be a step-down subsidiary of the company effective October 8, 2026. The aforesaid transaction is not expected to have any material impact on its financial position, business operations, or financial performance. PDS is a design-led organisation and its talented design teams offer exceptional product development and design services customised to retailers’ requirements.
- Ashoka Buildcon Ltd.ASHOKAAshoka Buildcon bags LoA for project worth Rs 290.23 crore
Ashoka Buildcon has received Letter of Acceptance (LoA) worth Rs 290.23 crore (incl. GST) from North Easter Railway for project of Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations with associated Switching Posts for 2x25 KV AT traction feeding system in Gorakhpur Cantt-Chhapra Gramin section of Varanasi Division of North Eastern Railway for capacity up-gradation work of electric traction power supply installations on Engineering, Procurement & Construction (EPC) Mode (Project). The project completion period is of 24 months from date of commencement. Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.
- Highness Microelectronics Ltd.544741Highness Microelectronics bags purchase order worth Rs 54 lakh
Highness Microelectronics has received a purchase order for supply of Ruggedized Displays for Ticket Vending Machines (TVM) to be deployed at Metro and Urban Mobility stations in a Metro city. The order is valued at approximately Rs 54 lakh (incl. of taxes and freight) and is expected to be completed in 6 weeks. Highness Microelectronics is engaged in the design, development, manufacturing, and assembly of display solutions, embedded systems, industrial electronics, and customized technology products catering to a wide range of industries.
- Avantel Ltd.AVANTELAvantel bags purchase order worth Rs 12.04 crore
Avantel has received a purchase order from Larsen & Toubro, for Comprehensive Annual Maintenance, for a total consideration of Rs 12.04 crore inclusive of applicable taxes. The said order is expected to be completed by October 2028. Avantel is actively involved in design and development of products based on High Power Broadband Wireless, Satellite Communication and Broad band access technologies.
- Sarda Energy & Minerals Ltd.SARDAENSarda Energy & Minerals’ arm declared as preferred bidder for Mining Lease Block in Andhra Pradesh
Sarda Energy & Minerals’ wholly owned subsidiary -- Sarda Metals & Alloys has been declared as preferred bidder for Avagudem Expired Manganese Mining Lease Block in District Vizianagaram, Andhra Pradesh. The Mine has estimated total geological reserves of 0.70 million tons of Manganese Ore. Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.
- Railtel Corporation Of India Ltd.RAILTELRailTel Corporation of India wins work order worth Rs 19.44 crore
RailTel Corporation of India has received the work order from Ministry of Railways Rail Bhavan for Development of Integrated Environment & Housekeeping Management (EnHM) Digital Platform of Indian Railway. The size of order as per work order is Rs 19.44 crore (Excluding Tax). The said order is expected to be completed by October 11, 2028. RailTel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.
- Rubicon Research Ltd.RUBICONUSFDA completes unannounced inspection at Rubicon Research’s Satara facility
United States Food and Drug Administration (USFDA) has completed an unannounced inspection of Rubicon Research’s manufacturing facility located at J4/2, Additional MIDC, Satara, Maharashtra, India. The inspection was conducted from October 5, 2026 to October 9, 2026. Upon conclusion of the current inspection, a Form 483 containing 1 observation was issued to the company. The observation is procedural in nature and does not relate to data integrity. The company is confident of working closely with the regulator to successfully conclude the evaluation in a timely manner. A successful inspection outcome for the Satara facility would be the first successful unannounced inspection for this site. The previous inspection in January 2023 was the first ever USFDA inspection on for the site, for which the company was provided prior intimation. Upon conclusion, this would be the third successful unannounced US FDA inspection for the company in FY2026- 27, considering the inspections of Toronto (Canada) R&D facility in April 2026 and Pithampur (India) manufacturing facility in July 2026. Additionally, the company’s recently acquired manufacturing facility in East Brunswick, New Jersey, USA was inspected by the USFDA in May 2026, just prior to its acquisition of that facility in July 2026. Rubicon Research is a pharmaceutical formulations company, driven by innovation through focused research and development, with an increasing portfolio of speciality products and drug-device combination products targeting regulated markets and in particular the United States.
- CSM Technologies Ltd.CSMCSM Technologies’ arm secures TradeMark Africa Mandate for Beira Corridor
CSM Technologies’ wholly owned subsidiary--CSM Tech has secured a $1,74,000 (approximately Rs 1.65 crore) mandate from TradeMark Africa (TMA) for the design, development and deployment of the Mozambique Transport and Trade Observatory (TTO) for the Beira Corridor. The project will be executed by CSM Tech, and will create a centralised digital platform to provide corridor authorities and stakeholders with near real-time visibility into cargo movement, transport performance, delays, bottlenecks and other trade indicators. The Beira Corridor is a strategic trade route connecting the Port of Beira in Mozambique with Zimbabwe and extending trade links to Malawi, Zambia and the Democratic Republic of Congo (DRC). It is particularly important for land-linked economies that depend on efficient access to regional and international markets. CSM Tech will design and deploy a secure, web-based and microservices-oriented platform featuring interactive KPI dashboards, GIS-based corridor mapping, automated alerts, reporting and data analytics. The system will integrate priority information from port, road, rail, customs and other relevant trade and transport systems across Mozambique and neighbouring countries. CSM Technologies is amongst the few Information Technology (IT) solutions companies, who have delivered first of its kind projects for government as well as for the private sector.
- Alok Industries Ltd.ALOKINDSAlok Industries’ step-down arm completes sale of 100% stake in Mileta
Alok Industries’ step down wholly owned subsidiary-- Alok Industries International (AIIL) has completed sale of its 100% equity stake in Mileta a.s. (Mileta) on October 9, 2026. Consequently, Mileta a.s. has ceased to be a subsidiary of the company. In December 2025, AIIL had entered into a Share Purchase Agreement (SPA) with CRESCON, a.s. for sale of its 100% equity stake in Mileta for an aggregate cash consideration of EUR 558,825. Alok Industries (AIL) is engaged in business of yarn, weaving, knitting, processing, home textiles, apparel fabrics, garments and readymade garments.
- Ugro Capital Ltd.UGROCAPUGRO Capital raises $10 million
UGRO Capital has raised $10 million through the allotment of up to 1000 senior, unsecured, rated, listed, united states dollar denominated redeemable non-convertible bonds of the face value of $10,000 each, through private placement. The Bonds are proposed to be listed on India International Exchange IFSC. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) on October 9, 2026 has approved allotment of the same. UGRO Capital is a BSE listed, small business lending fintech platform.
- Bajel Projects Ltd.BAJELBajel Projects secures EPC order for 220kV GIS Substations in Mumbai
Bajel Projects has been awarded an EPC order for the supply and installation of 220kV Gas Insulated Switchgear (GIS) substations at Salsette and Powai in Mumbai. The order falls in the Rs 200 crore-Rs 300 crore ‘Major Orders’ category as per the company’s project classification policy (inclusive of GST). The scope covers the supply and installation of a 220kV GIS at the Salsette receiving station. The scope also covers the supply and installation of a 220kV Outdoor GIS substation at the Powai receiving station. GIS technology needs far lesser space than conventional air-insulated substations. That makes it the preferred choice for dense urban load centres like Mumbai, where land is scarce and demand keeps rising. Together, the two substations will add capacity and reliability to the city's transmission network. Bajel Projects is a leading company in the business of power infrastructure, with a strong presence in the power transmission and power distribution sectors.
Friday, 9 October22 announcements
- Xtranet Technologies Ltd.XTRANETXtranet Technologies gets nod to incorporate wholly owned subsidiary
Xtranet Technologies has received approval to incorporate a wholly owned subsidiary of the company under the name and style of ‘XtraNet Data Centre’. The board of directors of the company at its meeting held on October 09, 2026, has approved the same. The proposed company will engage in establishing, developing, owning, operating, maintaining and commercializing data centers and related digital infrastructure, including cloud, colocation, AI-ready infrastructure, disaster recovery and allied technology services, in India and abroad. Xtranet Technologies is engaged in the business of providing services in ITeS including software development and data management, issuing Digital Signatures, BPO and KPO services.
- Cochin Shipyard Ltd.COCHINSHIPCochin Shipyard’s arm bags two luxury river cruise vessels order
Cochin Shipyard’s wholly owned subsidiary -- Hooghly Cochin Shipyard (Hooghly-CSL) has bagged a notable order from Heritage River Journeys. The order is for the construction of two Luxury River Cruise vessels. The company classified the order under the Notable category, indicating an order value between Rs 100 crore and Rs 250 crore. This is a repeat order placed by Heritage River Journeys on Hooghly-CSL following the earlier order placed in June 2025. The vessels are expected to be delivered by June 2029 and June 2030 respectively. Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.
- Krystal Integrated Services LtdKRYSTALKrystal Integrated Services secures LoA worth Rs 25.99 crore from South East Central Railway
Krystal Integrated Services has received a Letter of Acceptance (LoA) worth Rs 25.99 crore (including GST) from South East Central Railway, Bilaspur Division. The LoA is for providing Better On-Board Housekeeping Services (OBHS) & Linen Distribution in identified Trains of Bilaspur Division/SECR. The contract is for a period of 24 months from the date of issue of LoA or from the date of commencement of work whichever is later. Krystal Integrated Services is a leading integrated facilities management services company with a focus on healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors.
- Ircon International Ltd.IRCONIRCON International wins work contract worth Rs 96.25 crore
IRCON International has secured work contract worth Rs 96.25 crore from M/s Konkan Railway Corporation. The contract is for comprehensive annual maintenance of Integrated Tunnel Communication System Covering IP Based Video Surveillance System, Public Address System, Emergency Communication System and Networking backbone system installed in Katra-Banihal section (at tunnels, bridges and stations) of Northern Railway. The contract is for a period of five years. Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.
- Suryoday Small Finance Bank Ltd.SURYODAYSuryoday Small Finance Bank raises Rs 200 crore via NCDs
Suryoday Small Finance Bank has raised Rs 200 crore through the allotment of 200 Subordinated, Rated, Listed, Unsecured, Transferable, Redeemable, Fully Paid-Up Non-Convertible Debentures, categorized as Basel II Compliant Lower Tier II Capital (NCDs) at par at the Coupon rate of 10.05% per annum, fixed, payable semi-annually, on private placement basis. The NCDs are proposed to be listed on BSE. The said NCDs are set to mature on October 09, 2036. The Board of Directors of the Bank has through resolution passed by circulation on October 09, 2026, approved allotment of the same. Suryoday Small Finance Bank is a scheduled commercial bank.
- Transwarranty Finance Ltd.TFLTranswarranty Finance gets nod to raise Rs 10 crore via NCDs
Transwarranty Finance has received approval for the issuance of 500 Secured Non-Convertible Debentures (NCDs) of Type A of face value of Rs 1,00,000 each, amounting to Rs 5 crore and/ or upto 50 Unsecured NCDs of Type B (Investment of Rs 1 crore or more per investor) of face value of Rs 10,00,000 each amounting to Rs 5 crore, both aggregating to Rs 10 crore on Private Placement basis. The Board of Directors of the company at its meeting held on October 09, 2026, has approved the same. Transwarranty Finance is a Mumbai Head Quartered, full service Financial & Capital Market Services Company, providing a wide range of services to many Large, Small and Medium companies and thousands of retail clients all over India, since 1994.
- Aequs Ltd.AEQUSAequs makes further investment of Rs 15.75 crore in Ajna Aerospace & Defence
Aequs has made a further investment of Rs 15.75 crore in Ajna Aerospace & Defence (AADPL), a Joint Venture of the company, through rights issue. In this regard, Ajna Aerospace & Defence, has allotted 45,00,000 partly paid-up equity shares to the company, on a rights basis, at an issue price of Rs 100 per equity share and out of the said issue price of Rs 100 per equity share, Rs 35 per equity share, aggregating to an amount of Rs 15.75 crore has been paid by the company. AADPL belongs to the industry of manufacturing of Unmanned Aerial Vehicles (UAVs), Unmanned Aircraft Systems (UAS), and other autonomous or remotely operated aerial platforms, together with all related subsystems, components, payloads, software, hardware, and accessories, for use across defence, security, industrial, and civilian applications. The said investment has been made for capital expenditure, operational expenditure and other general corporate and business requirements of AADPL. Aequs operates as the flagship manufacturing and precision engineering business of the broader Aequs Group. Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors.
- SEPC Ltd.SEPCSEPC signs Rs 854.57 crore contract with Steel Authority of India
SEPC has signed the contract agreement worth Rs 854.57 crore with Steel Authority of India (SAIL) for the Pellet Plant BOP including Civil & Structural works (Pellet Plant Package-2) at SAIL-IISCO Steel Plant (ISP), Burnpur, West Bengal. The package forms part of SAIL-ISP's 4.08 MTPA Crude Steel Expansion at Burnpur and will be executed on a divisible turnkey basis. Of the total Contract Price of Rs 951.60 crore, Input Tax Credit of Rs 97.04 crore is to be passed on to SAIL, resulting in a net value of Rs 854.57 crore. The facilities are to be commissioned within 32 months from the effective date of the contract, September 3, 2026. M. N. Dastur & Company is the Engineering and Construction Management Consultant, and MECON is the Procurement and Contract Engineering Services Consultant for the project. SEPC provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services.
- Regency Fincorp Ltd.540175Regency Fincorp raises Rs 65 crore through NCDs
Regency Fincorp has raised Rs 65 crore through the allotment of 65,000 12% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis, having a face value of Rs 10,000 each, to identified investors. The NCDs have a tenor of 18 months and carry a coupon rate of 12.00% per annum. The meeting of the Allotment Committee of the Company held on October 9, 2026, inter alia, considered and approved the same. Regency Fincorp is engaged in lending and allied activities. The company provides customer-centric financial services, mainly in the form of micro-credit, to the women entrepreneurs and MSMEs of the country. Its credit is utilized primarily in agriculture, allied activities, and small businesses.
- Subex Ltd.SUBEXLTDSubex secures new deal to deploy HyperSense Fraud Management solution
Subex has secured new deal with a leading African mobile operator for the deployment of Subex HyperSense Fraud Management solution. The engagement strengthens Subex’s presence in Africa and extends its fraud management capabilities to another operating company within a major global telecommunications group. The contract spans a period of 3 years. The operator selected HyperSense Fraud Management to strengthen fraud detection and investigation across communications and mobile money operations. The solution will help identify emerging fraud patterns, improve investigation effectiveness and enable the operator to respond more rapidly to evolving threats. The engagement reflects continued customer confidence in HyperSense Fraud Management. Subex’s extensive experience across African markets brings an understanding of regional operating environments, supporting a deployment aligned with the operator’s specific requirements and long-term fraud management priorities. Subex is a telecom AI solutions Company enabling Communications Service Providers (CSP) across the globe to create connected experiences for their customers.
- Jash Engineering Ltd.JASHJash Engineering secures consolidated orders worth Rs 102 crore in September 2026
Jash Engineering has secured consolidated orders worth Rs 102 crore in the month of September 2026. Out of these, orders worth Rs 43 crore are for Indian market, while rest of the orders worth Rs 59 crore are for markets outside India. As on October 1, 2026, the company has a total consolidated order book worth Rs 944 crore, out of which orders worth Rs 313 crore are for Indian market and orders worth Rs 631 crore are for markets outside India. As on October 1, 2026, the company’s consolidated orders worth Rs 53 crore have been negotiated with clients and formal purchase orders are awaited. Out of these, the orders worth Rs 41 crore are for Indian market and Rs 12 crore are for projects outside India. After negotiating an order, it may take up to 2 months to receive a formal Purchase Order from the client. Jash Engineering is a leading supplier, manufacturer of gates and grilles fences.
- ITC Ltd.ITCGQG Partners sells 2.91% stake in ITC
The USA based investment management company - GQG Partners has divested 2.91% stake in ITC through open market deals worth around Rs 9,395.44 crore. GQG Partners through its fund -- GQG Partners Emerging Markets Equity FD A Series Of GQG Partners Series has offloaded around 36.51 crore shares of the company at an average price of Rs 257.35 a piece. Meanwhile, a clutch of domestic and foreign institutional investors acquired an equal number of shares at the same price. ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.
- Bajaj Finance Ltd.BAJFINANCEBajaj Finance raises Rs 510.86 crore via NCDs
Bajaj Finance has raised Rs 510.86 crore through the allotment of 51,000 Secured Redeemable Non-Convertible Debentures (NCDs), at face value of Rs 1 lakh per NCD on private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Debenture Allotment Committee of the Company has at its meeting held on October 9, 2026, allotted the same. Bajaj Finance is one of the largest players in the burgeoning consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in many categories, ranging from consumer durables to lifestyle products to groceries.
- AJC Jewel Manufacturers Ltd.544425AJC Jewel Manufacturers’ arm opens 4th showroom in Kerala
AJC Jewel Manufacturers’ subsidiary -- Esthara Jewels has opened its 4th showroom at Kozhikode, Kerala on October 8, 2026. The said showroom will undertake retail sale of silver jewellery and is in line with the company’s business expansion strategy. AJC Jewel Manufacturers specializes in designing and producing high-quality jewelry and operating a modern factory equipped with advanced machinery for waxing and casting, enabling to create intricate designs with precision.
- Raymond Realty Ltd.RAYMONDRELRaymond Realty makes further investment in Ten X Realty North
Raymond Realty (RRL) has made a further investment in Ten X Realty North (TXRNL), a wholly owned subsidiary of the Company, by subscribing to further issue of 9,000 Equity Shares of face value Rs 10 each, aggregating to Rs 90,000 through a right issue, and the newly issued shares rank pari-passu to existing equity shares of TXRNL. Currently, RRL is holding 100% share capital of TXRNL and with the current investment, RRL shareholding percentage in TXRNL will remain unchanged. Raymond Realty, a top Mumbai developer, offers premier residential & commercial properties in Thane, Bandra, & BKC.
- Baazar Style Retail Ltd.STYLEBAAZABaazar Style Retail opens new Style Baazar store in West Bengal
Baazar Style Retail has opened a new store of Style Baazar at Fulbari, Jalpaiguri, West Bengal on October 09, 2026. With this addition, the total number of stores as on date stands at 284. Earlier, the company had opened a new store of Style Baazar at S V Mall, Siliguri, West Bengal on September 25, 2026. Baazar Style Retail operates in the value retail sector, offering a diverse range of both apparel and non-apparel consumer goods.
- LAPL Automotive Ltd.544863LAPL Automotive adds new products to existing product portfolio
LAPL Automotive has added new products to its existing product portfolio as part of its ongoing product diversification and forward integration initiatives. The company has added New Bus Mirror to its Bus / Automotive Mirror category with key features wide viewing angle, durable construction, clear and distortion-free visibility and easy installation. This product is suitable for city buses, staff buses, school buses, intercity coaches and commercial fleets. The company also added Rear Reflector (RR) under its automotive reflector category with key features high reflectivity, durable construction, weather resistance and easy installation. This product is suitable for 3W, 4W, CV and bus segments. Under Automotive Component category, the company has added Splendor Rotor with key features Durable construction, reliable performance, precise fitment and designed for efficient operation. It is suitable for Hero Splendor series two-wheelers. The addition of the aforesaid products to the company’s product portfolio is aimed at expanding the company’s product offerings, strengthening its presence in the automotive components segment and catering to a wider range of customer requirements. LAPL Automotive is an integrated automotive components manufacturer operating across ODM (Original Design Manufacturing) and OBM (Original Brand Manufacturing) models, with a diversified product portfolio spanning automotive lighting systems, mirrors, and plastic moulded components.
- Mirza International Ltd.MIRZAINTMirza International incorporates wholly owned subsidiary
Mirza International has incorporated a new wholly owned subsidiary (WOS) with the name ‘Mirza Global’. The Mirza Global belongs to Footwear Industry and has been incorporated to carry on the manufacturing, retail and wholesale marketing and e-commerce business of Footwear. Mirza International is India’s leading leather footwear manufacturer, marketer and exporter by its Solid infrastructure, Consumer-focused approach and Omni-channel marketing.
- IRB Infrastructure Developers Ltd.IRBIRB Infrastructure Developers’ toll revenue grows 24% in September
IRB Infrastructure Developers has posted 24.14% growth in toll revenue to Rs 772.50 crore for September 2026 compared to Rs 622.30 crore in the same month last year. Of its 24 tolls, IRB MP Expressway contributed the major share of Rs 162.10 crore to the total revenue collection in September, up from Rs 139.60 crore contribution in September 2025. With Rs 81.20 crore, IRB Golconda Expressway was the second largest contributor to the revenues in September, 2026, up from Rs 70.40 crore last year. IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
- Pankaj Polymers Ltd.531280Pankaj Polymers joins forces with SIS India to provide expense management solution
Pankaj Polymers has entered into a partnership with SIS India (SIS) to provide an Expense Management solution with advanced tech through its technology platform. Under this partnership, the company, through its Rupiafin platform, will provide SIS with its Expense Management System (EMS) to digitise and streamline expense submission, approvals, policy controls, reimbursements and reporting across its organisatsion. The solution is designed to give SIS greater visibility and control over spending, reduce manual effort and turnaround time, and improve compliance with internal policies. This partnership adds to the company's growing portfolio of technology-led solutions for enterprises and strengthens its presence in the B2B fintech and expense management space. The company aims to continue building partnerships with leading enterprises and expanding the range of technology-enabled solutions available through its platform. Pankaj Polymers is transitioning towards a technology-led business model with a focus on fintech, digital commerce and technology-enabled solutions.
- Jubilant Pharmova Ltd.JUBLPHARMAJubilant Pharmova's arm to invest 94.5 million Canadian Dollar to double RUBY-FILL capacity
Jubilant Pharmova's step-down subsidiary -- Jubilant Draximage Inc., is planning to invest 94.5 million Canadian Dollar to modernize and expand its Kirkland, Quebec facility and increase production capacity across its radiopharmaceutical portfolio pipeline. Specifically, the investment is aimed to double the production capacity of its flagship product RUBY-FILL. The Government of Canada will provide a financial support of 23.8 million Canadian Dollar to this project. Jubilant Draximage Inc., is a subsidiary of the company’s wholly owned subsidiary Jubilant Pharma. The business continues to see very strong demand for the RUBY-FILL, the customer base has doubled in the last 3 years. This expansion will allow the company to fulfil the elevated demand. Jubilant Pharmova (formerly Jubilant Life Sciences) is a company engaged in pharmaceuticals, contract research and development services and proprietary novel drugs businesses.
- Carysil Ltd.CARYSILCarysil ropes in Bollywood Star Bobby Deol as Brand Endorser
Carysil has entered into a Celebrity Endorsement Agreement with celebrated actor Vijay Singh Deol, (popularly known as Bobby Deol), who will endorse the company's Carysil brand kitchen sinks, faucets, BBQ grills, ovens and coffee machines. The partnership marks a new chapter for the brand as it strengthens its position in the luxury kitchen space. Bobby Deol's journey from beloved 90s star to one of Indian cinema's most celebrated comebacks mirrors the aspiration and quiet confidence that Carysil wants to bring to every home. His timeless appeal across generations makes him a natural fit for a brand that has long stood for design, durability and refined living. The association also carries forward Carysil's well-known ‘Men in the Kitchen’ platform, which celebrates men who take pride in cooking and in the spaces where families come together. With Bobby Deol as its face, Carysil aims to make the kitchen a symbol of style and status rather than just a place of chores. Upcoming campaigns will show him at ease in a Carysil kitchen, making the case that the modern man is as comfortable at the stove as he is on screen. Carysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.
Announcements and corporate actions as filed with the exchanges and received from our market-data provider; timings are as published and may lag the exchange. Reproduced as filed, without comment — nothing on this page is a recommendation to buy or sell, and it is not research. Always read the company’s own filing before acting. L. F. C. Securities Pvt. Ltd. · SEBI Stock Broker INZ000170736.
