Power Grid Corp:
Power Grid Corporation of India Ltd has acquired SR WR Power Transmission Project for ₹11.29 crore, strengthening its grid infrastructure portfolio.
Fortis Healthcare:
Fortis Healthcare’s Northern TK Venture and PAC partners have launched an open offer to acquire 19.7 crore shares at ₹170 per share, enhancing promoter control.
IPCA Laboratories:
IPCA to divest its Ankleshwar manufacturing plant to Suleshvari for ₹22.15 crore as part of its asset rationalisation strategy.
Sterling & Wilson:
Sterling & Wilson Renewable Energy Ltd secures three new project orders worth ₹1,772 crore, taking FY26 order inflows to ₹3,775 crore.
Tata Power:
Tata Power suspends operations at its Mundra units temporarily to resolve technical issues; units expected to resume by November 30.
Marico:
Marico Ltd to acquire the remaining 46% stake in HW Wellness Solutions, consolidating ownership of its health food brand “True Elements.”
RVNL:
Rail Vikas Nigam Ltd emerges as the lowest bidder for a ₹144 crore infrastructure project, continuing its strong order momentum.
Seamec:
Seamec Ltd’s vessel “SEAMEC III” has been mobilised and will commence its new charter within two days, expanding offshore operations.
Genesys International Corp:
Genesys secures a contract from Tata Motors Passenger Vehicles to develop native navigation and ADAS maps, strengthening its automotive tech business.
Canara Bank:
Canara Bank to divest its stake in Canara HSBC Life Insurance from 51% to 36.5% as part of capital optimisation.
Hexaware Technologies:
Hexaware liquidates its U.S.-based step-down subsidiary, Hexaware Nevada Inc., to simplify its global corporate structure.
Dilip Buildcon:
Anantam Highways InvIT, promoted by Dilip Buildcon, successfully lists on NSE and BSE, raising ₹400 crore to fund infrastructure projects.
ICRA:
ICRA Ltd acquires a 98.75% stake in Fintellix India Pvt. Ltd for ₹246 crore to strengthen its data analytics and fintech offerings.
NTPC:
NTPC Ltd commissions 95.75 MW of solar capacity at its Khavda-I PV project in Gujarat, expanding renewable generation.
Eclerx Services:
Eclerx’s board to meet on October 24 to consider a share buyback proposal.
Insolation Energy:
Insolation Energy incorporates a step-down subsidiary, JHVG Green Infra, to drive renewable energy expansion.
InterGlobe Aviation:
IndiGo finalises an agreement with Airbus for 30 additional A350-900 aircraft, enhancing its long-haul fleet expansion strategy.
Thermax:
Thermax Ltd approves the merger of Buildtech Products India and commits ₹40 crore additional equity to Thermax Chemical Solutions.
India Cements:
India Cements Ltd approves ₹440 crore capex to increase annual cement production capacity to 17.55 million tonnes.
Shakti Pumps:
Shakti Pumps invests ₹25 crore in its subsidiary, Shakti Energy Solutions, to expand renewable energy initiatives.
Cupid Ltd:
Cupid secures CE (EU IVDR) certification for its pregnancy and syphilis test kits, enabling expansion into Europe, Africa, and Latin America.
UltraTech Cement:
UltraTech Cement approves fresh capex of ₹10,255 crore to raise capacity to 240.76 MTPA, reaffirming leadership in cement manufacturing.
Borosil Renewables:
Borosil Renewables raises ₹371 crore via preferential allotment of 69 lakh shares at ₹535 per share to strengthen its balance sheet.
Choice International:
Choice International approves acquisition of 51% stake in Fintoo Wealth for ₹10 crore, alongside ₹15 crore investment for business integration.
ACME Solar:
ACME Solar commissions the first phase of its 28 MW wind project in Gujarat; full project to reach 100 MW operational capacity in phases.
IRCON International:
IRCON bags a ₹360 crore order from Petronet LNG for civil works in Gujarat, expanding its industrial construction footprint.
Coal India:
Coal India signs a ₹12,250 crore support undertaking with GAIL, RCF, and FCIL for the Talcher Fertilizer joint venture project in Odisha.
Newgen Software:
Newgen’s subsidiary wins a $5.29 million (₹46.5 crore) international contract with a global financial institution.
Brainbees Solutions:
Brainbees (FirstCry parent) raises stake in Dynamic IT Solution to 89.9% by acquiring an additional 14.91% for ₹1.5 crore.
Lloyds Enterprises:
Lloyds Enterprises’ subsidiary signs an MoU for the joint development of 170 acres in Khopoli into plotted townships and premium housing.
PTC Industries:
PTC Industries signs MoU with Bharat Dynamics Ltd to establish a joint venture for manufacturing propulsion systems and aero-engines for missiles and UAVs.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.