Stay updated with the latest corporate developments that could impact the market today.
Shukra Pharma Bags ₹24 Crore Order from Afghanistan
Shukra Pharma has received a letter of authorisation worth ₹24 crore to supply medicines and diagnostic kits to Afghanistan.
NTPC Approves Coal Business Transfer & Cost Revision for Rammam-III Project
NTPC has approved the partial modification to transfer its coal mining business to a subsidiary. The board has also cleared the revised cost estimate-I of ₹2,865.6 crore for the Rammam-III Hydro Electric Power Project (HEPP).
Muthoot Finance Infuses ₹500 Crore into Subsidiary
Muthoot Finance has allotted 3.25 lakh shares to its arm, Muthoot Money, amounting to nearly ₹500 crore.
GE Power vs Jaiprakash Power: Legal Dispute Over Bank Guarantees
GE Power India has sought an injunction against Jaiprakash Power Ventures over the invocation of ₹77.5 crore bank guarantees. While the Delhi High Court initially granted injunctions in August 2025, it later directed GE Power to deposit equivalent funds with Jaiprakash Power. The company is now evaluating further legal steps.
Omaxe Raises ₹19 Crore via NCDs
Real estate developer Omaxe has approved the allotment of non-convertible debentures (NCDs) worth ₹19 crore on a private placement basis.
CG Power Launches India’s First OSAT Facility in Sanand
CG Power’s subsidiary, CG Semi Pvt., has launched India’s first outsourced semiconductor assembly and test (OSAT) facility in Sanand, marking a milestone in the country’s semiconductor ecosystem.
AGI Infra Acquires 60% Stake in Realty LLP
AGI Infra has acquired a 60% stake in World’s Next Realty LLP for ₹30 crore, strengthening its presence in the real estate sector.
Belrise Industries Expands into Defence & Aerospace
Belrise Industries has incorporated a new subsidiary, Belrise Defence & Aerospace, to diversify into the defence and aerospace sector.
Hexaware Tech Partners with Replit for Secure Enterprise Coding
Hexaware Technologies has entered into a strategic partnership with Replit to enable secure, AI-driven collaborative coding for enterprises.
Mufin Green Clears ₹50 Crore NCD Issuance
Mufin Green Finance has approved the issuance of ₹50 crore worth of non-convertible debentures (NCDs) on a private placement basis.
Allcargo Logistics Reports 5% Decline in LCL Volumes
Allcargo Logistics has reported a 5% year-on-year decline in Less-than-Container Load (LCL) volumes to 774 cubic meters for July 2025.
Sammaan Capital Raises $300 Million via Social Bonds
Sammaan Capital has raised $300 million through the allotment of senior secured social bonds, strengthening its funding base.
Kitex Garments Commences Production at Warangal Unit
Kitex Garments’ subsidiary, Kitex Apparel Parks Ltd., has started commercial production at its Warangal manufacturing facility, expanding its garment production capacity.
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