Recent Indian Stock Market News - New Contracts | IT News | General Updates

 

New Orders & Contracts

    • PETRONET LNG: Signs ₹1,200 Cr regasification agreement with Deepak Fertilisers' subsidiary for 5.5 years.,
    • DEEPAK FERTILIZERS: Subsidiary inks ₹1,200 Cr regasification deal with Petronet LNG for Taloja unit operations.,
    • GP ECO: Bags ₹121.92 Cr EPC order for 24 MWac solar project in Punjab under captive metering.,
    • NIBE: Wins ₹25.96 Cr defence order for Gun Stand Assemblies; execution by Nov 2026.,
    • KRYSTAL: Secures ₹20.26 Cr facility management contract from AAI for Patna airport.,
    • PREMIER EXPLOSIVES: Defence export order revised up from ₹6.62 Cr to ₹18.29 Cr.,
    • DESCO INFRATECH: Wins ₹2.06 Cr orders from Torrent Gas & HCG; confirmed L1 for MNGL project.,
    • CCCL: Secures ₹200.13 Cr construction orders under Buildings & Factories vertical across India.,

Expansions & Acquisitions

    • JASH ENGINEERING: To acquire 100% of WesTech India, expanding industrial water/process equipment reach.,
    • MPHASIS: Buys 26% stake in US-based AI firm Aokah Inc. for up to $4 Mn to boost digital services.,
    • MANBRO INDUSTRIES: Approves ₹9.90 Cr acquisition of 99.9% in KD Infrastructures via equity subscription.,
    • PDS LTD: Completes 60% acquisition of GSC Link Ltd via Mauritius arm for global sourcing.,

Technological Advancements & Strategic Partnerships

    • GLENMARK: Subsidiary IGI signs $700 Mn licensing deal with AbbVie for oncology asset ISB 2001.,

Leadership Changes & Appointments

    • UJJIVAN SFB: Appoints Umesh Arora as Head of Emerging Business (25+ years in banking).,
    • HERO MOTOCORP: Appoints Kausalya Nandakumar as Chief Business Officer for Vida EV; Swadesh Srivastava resigns.,
    • JAGATJIT INDUSTRIES: CEO & CFO Anil Vanjani resigns effective July 9, 2025; no successor yet.,
    • PIDILITE: CBO Construction Chemicals Salil Dalal resigns effective Aug 22, 2025.,
    • LOKESH MACHINES: Appoints Sandeep Dorle as COO with 30+ years in auto/machine tools.,
    • INDO FARM: Reappoints CMD Ranbir Singh Khadwalia (3 yrs) & Whole-Time Director Charan Saini (1 yr).,

Operations & Performance Updates (Q1 FY26)

    • TCS: Q1 net profit up 4% QoQ at ₹12,760 Cr; EBIT margin at 24.45%.,
    • TATA ELXSI: Q1 net profit down 16% QoQ to ₹144 Cr; EBIT margin dips to 18.22%.,
    • EIMCO ELECON: Q1 net profit down 2% YoY at ₹14.48 Cr; revenue down 3%.,
    • ANAND RATHI: Q1 PAT up 27% QoQ to ₹93.6 Cr; EBITDA up 41% with 46.6% margin.,

Fundraising Updates

    • POWER & INSTRUMENTATION: Allots 2.9 lakh shares on preferential basis upon warrant conversion at ₹73.75.,
    • CENTRUM CAPITAL: To consider fundraising via QIP, preferential issue, or private placement on July 15.,

Stock Transactions (Buy/Sell)

    • SOMA TEXTILES: Promoters to sell entire 74.98% stake for ₹87.67 Cr to Roadway Solutions & associates.,

Policy

    • SUN PHARMA: Gets 8 USFDA observations for plant; issues in aseptic processing & contamination control.,
    • SHILPA MEDICARE: Bengaluru Unit VI gets GMP certification from Saudi FDA with zero observations.,

Disclosures

    • EASEMYTRIP: Terminates agreement with Rollins International signed Oct 2024; effective July 10, 2025.,

Innovation & Product Launches

    • KBS INDIA: Launches OPES+ trading app with ₹9 brokerage & advanced tools for retail traders.,
    • STERLING HOLIDAYS (THOMAS COOK): Opens 36-key boutique hotel in Dehradun with rooftop restaurant.,

Incorporate / Corporate Structure

    • ORCHID PHARMA: Files second motion with NCLT for merger with Dhanuka Laboratories.,

IT News



    • KFIN TECHNOLOGIES: RBI approves UIN for investment in Singapore arm; capital infusion underway.,

Tax Orders

    • IREDA: Gets CBDT nod to issue Section 54EC capital gains exemption bonds for renewable projects.,

Additions

    • JASH ENGINEERING: Commissions new plant near Chennai; commercial production from August 2025.,

Other Updates

    • BLUE CLOUD SOFTECH: Signs $8.9 Mn MOU to digitize Zanzibar govt services with blockchain & AI.,
    • UNO MINDA: Exploring rare earth magnet production to address EV demand & China dependency.,
    • SENORE PHARMACEUTICALS: To raise stake in US-based Havix Group from 70.07% to 73.04% via cash deal.,
    • ACTION CONSTRUCTION: To acquire 29.55% in solar project Hexa Energy for ₹73.5 lakh.,
    • MTNL: Misses escrow account funding for July bond interest payment; GoI may step in if default occurs.,
    • SINDHU TRADE LINKS: To focus on critical minerals; eyes lithium & REE mines in Indonesia & India.,
    • BIRLA CORP: Declared preferred bidder for Tadas Limestone Block-II in Rajasthan via e-auction.

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