Markets are buzzing with multiple corporate actions, acquisitions, regulatory updates, and partnerships. Here’s a quick roundup of the most important developments that could influence stock movements today.
🔐 SIS Acquires Stake in A P Securitas
SIS Ltd. will acquire a 51% stake in A P Securitas for ₹73.40 crore, with the remaining ownership to be taken over by 2029 for full control.
🏢 Sunteck Realty Plans ₹500 Crore Fundraise
The board has approved the issue of 1.17 crore warrants at ₹425 each, raising close to ₹500 crore. The warrants will be allotted to both promoters and non-promoters.
☀️ ACME Solar Expands with New Acquisition
ACME Solar Holdings is set to acquire a 100% stake in AK Renewable Infra for ₹79.25 crore, boosting its renewable energy portfolio.
🏗️ Max Estate Adds Gurugram Land Parcel
Max Estate will acquire Base Buildwell to secure development rights for a 7.25-acre land parcel in Gurugram, strengthening its real estate pipeline.
⚡ Adani Power Signs Bhutan Hydropower Pact
Adani Power and Druk Green Power will jointly set up a 570 MW hydroelectric project at Wangchhu, Bhutan, marking another cross-border clean energy collaboration.
💊 Lupin Receives Two FDA Observations
The USFDA completed a Pre-Approval Inspection at Lupin’s Chhatrapati Sambhajinagar facility, issuing two observations, which the company plans to address.
🧪 Dr. Reddy’s Gets Seven FDA Observations
A USFDA GMP inspection at its Mirfield API facility in the UK concluded with a Form 483 carrying seven observations.
🛢️ Aegis Logistics Expands Capacity
Aegis has added 61,000 KL of new storage capacity at an investment of ₹99.88 crore, effective September 6.
🎢 Imagicaaworld Buys Solar Plant
Imagicaaworld Entertainment acquired a 6.65 MW solar power plant in Maharashtra from Giriraj Enterprises for ₹16 crore, strengthening its green initiatives.
🏗️ Nuvoco Vistas Faces Tax Notices
The cement maker has received two tax notices — one for ₹99.97 crore related to NCD interest deductions and another proposing a ₹352.55 crore liability for FY20.
👓 Kaynes Technology Strengthens AR/AI Arm
Kaynes Technology has onboarded the core team from Mustard Smartglasses to enhance its leadership in the AR/AI wearables market.
🔧 Ratnamani Metals Takes Full Control of Swiss Arm
Ratnamani Metals & Tubes will acquire the remaining 40,000 shares in Ratnamani Trade EU AG, Switzerland, for €400,000.
🌐 Colab Platforms Acquires Indiaoneonline Synergies
Colab Platforms announced the acquisition of a 51% stake in Indiaoneonline Synergies, expanding its digital platform portfolio.
📦 Time Technoplast Acquires Ebullient Packaging Stake
The company will acquire a 74% stake in Ebullient Packaging at an enterprise value of about ₹200 crore.
🏭 Shyam Metalics Reports August Business Update
- Stainless steel sales: +32.8% YoY
- Aluminium foil sales: -3.7% YoY
- Carbon steel sales: -2.1% YoY
💻 Mastek Subsidiary Wins NHS Contract
Mastek’s arm has been included in the Digital Technical Clinical Support Framework by the NHS London Procurement Partnership, enhancing its UK healthcare presence.
🚗 UNO Minda to Invest in SPV
UNO Minda will invest up to ₹4.75 crore in a Special Purpose Vehicle (SPV) for future growth opportunities.
🚉 BHEL Partners for Hydrogen Fuel Cell Tech
BHEL signed a 10-year MoU with Horizon Fuel Cell Technologies to jointly develop hydrogen fuel cell-based rolling stock.
📦 Allcargo Terminals Approves Warrants Issue
The board approved the allotment of 1.32 crore fully convertible warrants at ₹29 each to promoters and promoter group.
🔩 Ramkrishna Forgings Gets NCLT Nod
Its subsidiary received the First Motion Order for amalgamation of Mal Metalliks and Multitech Auto into the parent company.
🦷 Colgate to Boost Oral Health Access
Colgate has tied up with the Trained Nurses’ Association of India to integrate oral health into primary healthcare services.
🏢 Hubtown Acquires Multiple Stakes
Hubtown signed an agreement with GVFL Trustee to acquire stakes in four companies for ₹16 crore.
🛡️ LIC Says GST Cut Impact Minimal
Life Insurance Corporation of India estimates that the recent GST cut on premiums will reduce its embedded value by less than 0.5%.
🏦 PNB Housing Finance to Raise ₹5,000 Crore
PNB Housing Finance has approved plans to raise up to ₹5,000 crore via Non-Convertible Debentures (NCDs).
💊 Aurobindo Pharma Gets FDA Observations
Its Telangana facility received a Form 483 with eight observations after a USFDA inspection.
💊 Zydus Lifesciences Gets FDA Observations
Zydus received four observations after an FDA inspection of its Gujarat manufacturing site.
🌱 NTPC Green Energy to Develop Hydrogen Station
NTPC Green Energy signed an MoU with the V.O. Chidambaranar Port Authority to build a green hydrogen fuelling station.
💳 Aurionpro Acquires Singapore Fintech
Aurionpro Solutions will acquire InfrariskSG Pte Ltd (Singapore) for ₹7 crore by issuing 48,134 shares at ₹1,454.30 each.
🔨 Lloyds Metals to Buy Thriveni Pellets Stake
Lloyds Metals & Energy will acquire a 49% stake in Thriveni Pellets via a share swap, issuing 19.57 lakh shares to Adler Industrial Services.
🏢 Sunteck Realty Raises Funds, Adds Leadership
Sunteck will raise ₹500 crore via preferential warrants and has appointed Ajeet Singh as Whole-Time Director.
🚛 Ashok Leyland Partners for Vehicle Finance
Ashok Leyland tied up with Punjab Gramin Bank to offer customised financing solutions with flexible repayment options for customers.