Coforge: Signed a definitive agreement to acquire Encora US Holdco and Encora Holdings via a share-swap deal with no cash outflow. The acquisition, valued at ₹17,032 crore, will be funded through the issuance of ~9.38 crore equity shares at ₹1,815.91 per share (8% premium to last close).
NACL Industries: Board to meet on December 31 to consider a rights issue.
Punjab National Bank: Reported a borrowing fraud of ₹2,434 crore by former promoters of Srei Infra Finance and Srei Equipment Finance; the bank has made 100% provisioning.
Vedanta: Declared the successful bidder for the Depo Graphite–Vanadium block.
Aegis Vopak: Approved an increase in coupon rate on proposed NCDs from 7.2% to 7.4% per annum; earlier cleared fundraising of up to ₹1,030 crore.
Lloyds Enterprises: Entered into agreements with Tata Capital, Bajaj Finance, and Jio Credit for financial assistance to convert warrants of Lloyds Metals. Also to acquire the remaining 12% stake in Techno Industries for ₹22.7 crore.
Magellanic Cloud: Subsidiary received a Letter of Acceptance worth ₹2.25 crore from IRCTC.
EFC: Acquired an additional 13.6% stake in subsidiary Ek Design Industries and a 50% stake in associate Forty-Two Ventures.
Tech Mahindra: Board approved preferential allotment of 16.5 lakh shares worth ₹1.65 crore to Mahindra Knowledge Trust.
Prabha Energy: Approved a ₹190 crore rights issue and redesignated Shanil Paras Savla as Managing Director.
Stylam Industries: Aica Kogyo initiated an open offer to acquire 26% stake (44 lakh shares) at ₹2,250 per share; total offer size ₹991 crore.
A-1: Revised record date for 1:10 stock split to January 8, 2026.
Greenpanel Industries: Tata Mutual Fund sold a 2.28% stake, reducing its holding to 2.77%.
Panorama Studios: Signed MoU with AMP Studio for theatrical and non-theatrical rights of Gujarati film Paatki; also executed an assignment agreement for airborne rights of Vash Level 2.
Elitecon International: Board approved increasing borrowing powers up to ₹500 crore, subject to shareholder approval, and enhanced limits for investments, loans, and guarantees.
Steel Strips: Approved lease agreement with subsidiary AMW Autocomponent and expansion via a new alloy wheel manufacturing unit in Gujarat.
Alkem Laboratories: Invested ₹300 crore to acquire 64 lakh shares in subsidiary Enzene Bioscience through a rights issue.
Max Estates: Completed acquisition of 100% stake in Base Buildwell.
NBCC: Reached a settlement with the Government regarding the 42.26-acre Ghitorni land in Delhi; land to be equally divided between NBCC and the NCT of Delhi.
HG Infra: Entered into an agreement to sell 100% stake in SPV HG Khammam Devarapalle Pkg-2 to Neo Infra Income Opportunities Fund.
Ceigall India: Subsidiary received a Letter of Award worth ₹1,089 crore from Madhya Pradesh Road Development Corporation.
Cochin Shipyard & Mazagon Dock: Government of India plans to invest nearly ₹5 billion in two shipbuilding initiatives.
Ola Electric: Scaled up deliveries of 4,680 Bharat Cell-powered vehicles across southern states; commenced deliveries in Coimbatore, Kochi, and Hyderabad.
RailTel Corporation: Received a ₹19.8 crore order from the Ministry of External Affairs to set up a data centre in Ethiopia.
SolarWorld Energy: Secured a Letter of Award worth ₹725 crore from NTPC Renewable Energy for EPC works of a 250 MWac solar PV project.
Avantel: Received a ₹4.2 crore order from the Ministry of Defence.
Diamond Power: Received a Letter of Intent worth ₹66 crore from Hild Projects for supply of power cables.
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