Several listed companies are in the spotlight today owing to fresh agreements, acquisitions, production updates, and regulatory approvals. Here’s a roundup of the latest developments from corporate India:
Technology & IT Services
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Infosys Extends Swiss Collaboration
Infosys has extended its strategic collaboration with Switzerland’s Sunrise to accelerate IT transformation and power AI-driven initiatives. -
HCL Tech Expands Pact with Swedish Automaker
HCL Technologies renewed and expanded its digital transformation pact with a Swedish auto manufacturer, focused on advanced AI-driven services. -
Sonata Software Wins Microsoft AI Award
Sonata Software has achieved the 2025–26 Microsoft AI Business Solutions Inner Circle Award, recognizing its leadership in enterprise AI solutions. -
Tech Mahindra Divests Stake in Surance
Tech Mahindra’s arm, Tech Mahindra London, has executed a share transfer agreement to divest its entire 26.42% stake in Surance.
Infrastructure & Construction
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Dilip Buildcon Emerges L1 Bidder
Dilip Buildcon has been declared as the lowest bidder for a ₹1,115.37 crore project awarded by Kerala Industrial Corridor Development Corporation.
Auto & EV Components
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Minda Corporation to Begin EV Production
Minda Corporation announced it will commence commercial production of electric vehicle components from the beginning of FY26.
Pharma & Healthcare
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Hikal Confident of FY26 Recovery
Hikal stated that despite a challenging Q1, it remains confident of delivering on its FY26 guidance and expects recovery from Q3 onwards. -
Torrent Pharma Gets South Africa Nod
Torrent Pharmaceuticals received approval from South Africa’s Competition Commission to acquire a controlling stake in JB Chemicals & Pharmaceuticals from KKR. -
Poly Medicure Acquires Dutch Medical Firms
Poly Medicure’s subsidiary has signed a share purchase agreement with Wellinq Holdings B.V. (Amsterdam) to acquire shares in Pendracare Holdings B.V. and Wellinq Medical B.V.
Hospitality & Real Estate
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Chalet Hotels Raises Funds via Commercial Papers
Chalet Hotels approved the allotment of commercial papers worth ₹100 crore on a private placement basis and redeemed 6,000 preference shares aggregating to ₹100 crore.
Chemicals & Industrial Manufacturing
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Bhansali Engineering Polymers Cuts Expansion Plan
The company has scaled down its expansion plan from 200,000 TPA to 100,000 TPA, fully funded through internal accruals, to focus on high-margin specialty grades. -
Shankara Building Products Updates Demerger Cost
The company advised shareholders on apportioning post-demerger acquisition costs: 34.19% for Shankara Building Products and 65.81% for Shankara Buildpro. -
Eimco Elecon OFS by Promoter
Promoter Tamrock Great Britain Holdings will sell up to 14.23 lakh shares (24.68% stake) via OFS on Sept 24–25 at a floor price of ₹1,400 per share.
Consumer & Retail
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Bajaj Electricals to Acquire Morphy Richards Brand
Bajaj Electricals’ board approved acquiring the Morphy Richards brand and IP rights in India and neighboring territories for ₹146 crore from Glen Electric Limited, subject to approvals.
New-Age & Digital Businesses
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Swiggy Restructures Quick Commerce & Divests Rapido Stake
Swiggy approved transferring its quick commerce business under the brand Instamart.-
The company will divest 10 equity shares and 1.64 lakh convertible preference shares in Rapido for ₹1,968 crore.
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It will also sell 35,958 compulsorily convertible preference shares in Rapido to Setu AIF Trust for ₹431 crore.
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Energy & Power
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Torrent Power Acquires Stakes in Newzone Projects
Torrent Power will acquire a 49% stake in Newzone India and 100% stake in Newzone Power Projects for a total of ₹211 crore. -
360 One Wealth Amalgamation Approved
NCLT’s Mumbai bench approved the amalgamation of Mavm Angels Network with 360 One Distribution Services, both arms of 360 One Wealth Asset Management.
Paints & Specialty Chemicals
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Akzo Nobel India Stake Sale
Imperial Chemical Industries will sell 23 lakh shares (5% stake) in Akzo Nobel India via bulk deal at ₹3,261.80 per share, a 4% discount to CMP, totaling ₹742.7 crore.
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.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.