Shuchi Arora Consolidates 39.73% Stake in Jullundur Motor Agency via Share Transmission
Promoter Shuchi Arora has acquired a 31.55% equity stake in Jullundur Motor Agency (Delhi) Limited through the transmission of shares from Late Santosh Sondhi. This transfer consolidates her individual holding to 39.73%, maintaining the promoter group's overall stability while transitioning leadership to the next generation.
The Indian Wood Products Co Ltd Promoter Bharat Mohta to Acquire 14.32% Stake via Gift
Promoter Bharat Mohta is set to increase his personal stake in The Indian Wood Products Company Ltd from 11.94% to 26.26% through an inter-se transfer. He will acquire 91,60,200 shares from Savita Mohta via a gift deed, a transaction that consolidates promoter holdings without altering the total group ownership.
Arfin India Secures ₹300 Crore Aluminium Deox Supply Order from JFE Shoji India
Arfin India Ltd has secured a substantial domestic supply contract valued at approximately ₹300 crore from JFE Shoji India Private Limited. The agreement involves the delivery of 7,400 metric tonnes of specialized aluminium products, providing strong revenue visibility through late 2026.
Delhivery Launches AI-Native Mapping Suite Delhivery Maps for Commercial Logistics
Delhivery has launched Delhivery Maps, an AI-native geospatial API suite designed specifically for the complex Indian address landscape. The platform, which currently powers Delhivery's entire nationwide network, is now being offered commercially to external developers and enterprises.
Puravankara Limited Expands Mumbai Footprint with New Project Miami By Purva
Puravankara Limited has officially launched 'Miami By Purva', a high-end residential development located in South Mumbai. The project received its MAHARERA registration on June 18, 2026, marking a significant geographic expansion for the Bengaluru-headquartered developer into the premium Mumbai City market.
VA Tech Wabag Secures ₹1,410 Crore Mega Desalination Order in Kuwait
VA Tech Wabag has secured a prestigious Design, Build, Operate (DBO) contract for the Doha SWRO Desalination Plant in Kuwait, valued at over USD 150 million. This project, which includes a five-year operation and maintenance phase, represents the company's first major breakthrough in the Kuwaiti water infrastructure market.
Redington Ltd Pivots to Service Orchestration Targeting $5 Billion SSG Revenue by FY28
Redington Ltd is strategically pivoting from traditional hardware distribution to becoming a high-margin service orchestrator through its Software Solutions Group (SSG). The company aims to more than double SSG revenue to $5 billion within three years, supported by a 74% recurring revenue base and a new focus on AI and cloud platforms.
Afcom Holdings FY26 Net Profit Jumps 230% to ₹122 Crore on Strong Revenue Growth
Afcom Holdings Ltd reported a significant surge in profitability and revenue for FY26, driven by higher yields and fleet efficiency. The company is transitioning to a wide-body aircraft strategy to scale operations and has provided a growth guidance of at least 100% for the next fiscal year.
KIMS Launches QIP to Raise Capital; Sets Floor Price at ₹771.73 Per Share
Krishna Institute of Medical Sciences Limited (KIMS) has officially launched a Qualified Institutions Placement (QIP) following board and shareholder approvals. The healthcare provider has established a floor price of ₹771.73 per equity share to attract institutional capital for its next phase of growth.