Bharat Electronics: Secured additional orders worth ₹569 crore, including radars, communication equipment, tank overhaul systems, simulators, security software, upgrades, spares, and services.
RVNL: Emerged as the lowest bidder for a ₹201 crore project awarded by East Coast Railway.
Timex Group: Promoter to exercise oversubscription option of up to 45 lakh shares (4.47% stake), taking total offer size to 90.18 lakh shares (8.93%).
Defence PSU Pack (Bharat Dynamics, Shipyards, BHEL, Data Patterns, Solar Industries, Astra): Defence Acquisition Council cleared proposals worth ₹79,000 crore.
IndoStar Capital Finance: Approved sale of part of its CV loan portfolio worth ₹136 crore to Phoenix ARC for ₹109 crore.
Lupin: Entered an exclusive licensing agreement with Gan & Lee for GLP-1 receptor agonist Bofanglutide, used to treat Type-2 diabetes and obesity.
Grasim Industries: Board approved merger of Essel Mining & Industries with Aditya Birla Renewables.
Deccan Gold Mines: Approved allotment of 3.9 crore equity shares at ₹80 per share to eligible shareholders.
IndiGo: Revised pilot pay structure, increasing take-home pay; domestic layover allowance hiked by 50% and deadhead allowance raised to ₹4,000 per hour.
Endurance Technologies: Received approval from the Italian Chamber of Commerce for merger of subsidiaries, effective January 1, 2026.
John Cockerill India: Promoter John Cockerill SA sold 3.89% stake; promoter holding reduced to 70.92%.
ESAF Small Finance Bank: Transferred NPAs and written-off loans worth ₹1,694 crore to ARC for ₹183 crore.
Lloyds Engineering Works: Board approved merger of Lloyds Infra, Metalfab Hightech, and Techno Industries into the company.
Indian Bank: Received RBI approval to exercise call option on Tier-II Bonds (Series V).
SCI India Land and Assets: Government extended additional CMD charge of Captain B.K. Tyagi till June 30, 2026.
Niraj Cement: Bagged ₹96.1 crore order from BRO and ₹36.9 crore order from MMRDA.
Orient Technologies: Board approved a 1:10 bonus issue on December 19.
Aditya Birla Capital: Invested ₹40 crore in Aditya Birla Capital Digital via rights issue.
Waaree Energies: Arm commissioned two solar inverter manufacturing lines of 1.525 GW each in Gujarat; CEO Amit Paithankar to step down effective May 15, 2026.
Viceroy Hotels: Completed acquisition of 100% stake in SLN Terminus Hotels & Resorts.
Ceinsys Tech: Promoter Sameer Dattatraya Meghe sold 2.16% stake.
MedPlus Health: Catalyst Trusteeship sold 3.47% stake; holding reduced to 5.51%.
Indian Overseas Bank: Received RBI approval to set up an IFSC Banking Unit in GIFT City, Gujarat.
Hindalco: Arm Novelis entered a subscription agreement with AV Minerals; AV Minerals to invest $750 million.
Bandhan Bank: Completed sale of unsecured NPAs and written-off loan portfolios with total principal exceeding ₹6,800 crore to Phoenix ARC.
Reliance Industries: Clarified that reports claiming a $30 billion gas underproduction claim against RIL and BP are incorrect.
Orient Green Power: Approved EPC contracts worth ₹99.4 crore for development of a solar power project in Tamil Nadu.
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.
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