Waaree Energies:
The company’s arm executed an agreement to acquire 53.7 lakh shares in United Solar Holding for $30 million and incorporated a wholly owned subsidiary, Hydro Bloom Energy. It also clarified that the 300 MW module supply order from Sembcorp Green, signed on October 23, is a routine business transaction with no new developments or regulatory issues.
DCM Shriram:
The company voluntarily liquidated its step-down subsidiary, Bioseed Research, effective December 15.
Kross:
Launched a new product—Tipping Jacks—in the trailer segment and aims to achieve a production capacity of 800 units per month by FY27.
Tata Chemicals:
Its arm signed an agreement to acquire a 100% stake in Singapore-based Novabay for an enterprise value of S$37.8 million (≈€25 million).
Sandur Manganese:
Promoter Lohagiri Industries acquired a 14.91% stake, raising promoter shareholding to 18.19%.
Sudarshan Chemical:
Introduced a new red pigment, Sudafast Red, for printing ink applications.
Craftsman Automation:
Subsidiary DR Axion completed the acquisition of Suprash Developers and indirectly acquired Srikara Technologies for ₹145.8 crore.
Great Eastern Shipping:
Signed a contract to acquire an 84,048 CBM South Korean vessel, expected to join the fleet in Q4 FY26.
Soma Textiles:
Received a ₹281 crore construction order from Roadway Solutions India.
Krishna Institute of Medical Sciences:
Acquired an additional 6.94% stake in Sarvejana Healthcare for ₹148 crore, increasing total holding to 75.53%.
Tata Steel:
Acquired 149 crore shares of subsidiary T Steel Holdings for ₹1,355 crore.
Balkrishna Industries:
Approved the reappointment of Arvind Poddar as Chairman and Managing Director for five years starting August 1, 2026, and completed one carbon black production line.
CESC:
Its arm issued a binding letter of intent to Klasscorp Solutions for consultancy services related to land acquisition.
IGL:
Entered into a joint venture with Hindustan Waste Treatment to set up a compressed biogas plant.
Megasoft:
Filed a second motion joint application with NCLT for the merger of Sigma Advanced Systems with the company.
Optiemus Infracom:
Received Ministry of Corporate Affairs approval for incorporation of a joint venture and subsidiary, The Factory.
Aurionpro Solutions:
Approved preferential allotment of 48,134 shares at ₹1,454.30 per share.
Centum Electronics:
Approved discontinuation of operations of its Canadian subsidiaries, Centum E&S and Centum E&S.
Taj GVK Hotels / Indian Hotels:
Indian Hotels approved divestment of its 25.52% stake in Taj GVK Hotels to Shalini Bhupal at ₹370 per share, while continuing to operate hotels under the TajGVK brand.
Tech Mahindra:
Directed to pay ₹1,287 crore towards provident fund dues; the company had disclosed the amount as contingent liabilities.
Privi Speciality Chemicals:
Board approved a scheme of amalgamation of Privi Fine Sciences and Privi Biotechnologies with the company.
John Cockerill:
To acquire 100% stake in John Cockerill Metals International SA, Belgium, from the parent company for nearly €50 million.
RITES:
Signed an MoU with the Botswana government for development and modernisation of transport infrastructure, including supply and maintenance of rolling stock.
Bank of Baroda:
Received $29 million as interim capital repatriation from the liquidation of India International Bank Malaysia.
Tega Industries:
Granted listing approval for 85.9 lakh shares allotted on a preferential basis to promoters and non-promoters.
Infosys:
Reached an in-principle settlement of all pending class-action lawsuits against subsidiary McCamish Systems for $17.5 million. The company also clarified recent ADR volatility on NYSE, stating no undisclosed material events.
Coromandel International:
Natarajan Srinivasan stepped down as Whole-time Director–Executive Vice Chairman and as a director, effective December 20, 2025.
Archean Chemicals:
Entered into a loan agreement with its subsidiary Neun Infra to fund machinery procurement for SiCSem Pvt Ltd.
Emmvee Photovoltaic Power:
Subsidiary commenced operations of a 2.5 GW solar module line in Karnataka, taking total manufacturing capacity to 10.3 GW.
IIFL Finance:
Board designated Bibhu Prasad Kanungo as Chairperson and approved an increase in borrowing limit to ₹60,000 crore.
Reliance Retail Ventures:
Subsidiary Abraham & Thakore ceased to be a subsidiary after issuing equity rights to founder shareholders, transferring control back to them.
Shoppers Stop:
Arm Global SS Beauty Brands sold its entire holding of 40,000 OCDs in Pahadi for ₹3 crore.
Indian Overseas Bank:
Government divested a 2.17% stake through OFS on December 18, reducing its holding to 92.44%.
KEC International:
Delhi High Court kept Power Grid’s ban order in abeyance, allowing KEC to participate in ongoing bids.
Titagarh Rail Systems:
Rolled out India’s first driverless metro train set for Ahmedabad Metro at its West Bengal facility.
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.
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