UFlex:
The company has developed 100+ sustainable product variants across six facilities. However, demand in the Americas market remains weak.
Borosil:
Production at the borosilicate glass furnace has been temporarily halted, while opal glass furnaces are operating at reduced capacity due to LPG supply constraints. The company is coordinating with OMCs and government authorities to assess the impact.
Ashok Leyland:
Commenced construction of a battery pack manufacturing facility in Tamil Nadu, with an estimated investment of ₹400–500 crore.
Wipro:
Signed a multi-year agreement with TruStage to modernise retirement services operations.
Servotech Power Systems:
In partnership with Electra EV, the company has secured a joint patent for a low-voltage EV charging device.
Power Finance Corporation (PFC):
Board meeting scheduled on March 17 to consider fundraising plans and an interim dividend.
Canara HSBC Life Insurance:
Entered a corporate agency agreement with Bihar Gramin Bank to distribute its insurance products.
Omnitech Engineering:
Received USD 20 million from Weatherford Products GmbH under a Master Purchase Agreement.
V2 Retail:
Fixed March 26 as the record date for its proposed stock split.
The Phoenix Mills:
Allotted 70 lakh Class A equity shares of Torrent, increasing Classic Mall’s stake to 34.23%.
Hatsun Agro Product:
The NCLT has approved the merger of its subsidiary Milk Mantra Dairy with the company.
Morepen Laboratories:
Kotak Mahindra Bank confirmed full repayment of all credit facilities and will issue a No Dues Certificate.
Craftsman Automation:
Approved the merger of certain subsidiaries into DR Axion India, with a further proposal to merge DR Axion into Sunbeam Lightweighting Solutions.
KEC International:
Secured transmission & distribution orders worth ₹1,476 crore, including its largest composite T&D order in Saudi Arabia.
Indo Tech Transformers:
A ₹65 crore order from Renew Wind Energy has been cancelled. The company clarified that there will be no financial impact as manufacturing had not started.
Shriram Finance:
Subsidiary Shriram Overseas has divested its entire 81.6% stake in Bharath Investments.
Piramal Finance:
Remains on track to achieve ₹1.5 lakh crore AUM by FY28, with consistent profit growth over the last eight quarters.
Adani Enterprises:
Subsidiary ADSTL completed acquisition of a 14.2% stake in Air Works India Engineering at an enterprise value of ₹400 crore.
Lumax Auto Technologies:
NCLT approved the amalgamation scheme between Lumax Ancillary and the company.
InfoBeans Technologies:
Business outlook remains neutral to slightly cautious, with operations continuing in the Middle East via its Dubai office.
Ramky Infrastructure:
Plans to acquire a business in India’s water and wastewater management sector.
BLS International Services:
Subsidiary has acquired a 100% stake in BLSEC S.A.S.
Bharat Forge:
Invested ₹160 crore in subsidiary Bharat Forge Global Holding.
Adani Enterprises:
Subsidiary Adani Defence Systems & Technologies has completed the acquisition of the defence unit from Punj Lloyd.