Bajel Projects Secures ₹300 Crore Mega Order for PGCIL Transmission Line Project
Bajel Projects Limited has been awarded a Mega Order by PowerGrid Corporation of India Limited for engineering, procurement, and construction services. The project involves the development of a 400kV double circuit transmission line with a 27-month completion window.
Bajel Projects Bags Ultra-Mega EPC Order Worth Over ₹400 Crore from PowerGrid
Bajel Projects Limited has secured a significant EPC contract from PowerGrid Corporation of India for the construction of a high-voltage transmission line. This Ultra-Mega order, valued at ₹400 Crore or more, reinforces the company's position in the high-voltage power transmission infrastructure segment.
Kabra Extrusiontechnik Board Approves ₹120 Crore Fund Raise via Preferential Issue
Kabra Extrusiontechnik’s board has approved a preferential issue of 32 lakh equity shares to raise approximately ₹120 crore. The capital infusion targets both promoter and non-promoter groups to strengthen the company's financial position for its core extrusion and green energy businesses.
KSH International Starts Copper Rod Production at ₹6.71 Cr Pune Facility
KSH International Limited has operationalised its new Unit No. 5 in Pune, marking the commencement of in-house copper rod manufacturing. This ₹6.71 crore facility supports backward integration, aiming to enhance supply chain resilience and cost efficiency through captive consumption.
Refex Industries Q1 FY27 Revenue Surges 76% to ₹619 Crore Driven by Ash and Wind Segments
Refex Industries reported a robust 76% year-on-year increase in standalone revenue from continuing operations, reaching ₹619 crore for Q1 FY27. The growth was primarily driven by strong operational performance in the ash handling business and accelerated execution within the wind energy segment.
Schaeffler India Q2 CY26 Revenue Surges 17.5% to ₹2,681 Crore as Exports Outperform
Schaeffler India reported a robust 17.5% YoY revenue growth for Q2 CY26, reaching ₹2,681 crores on a standalone basis, driven by a 33% surge in Automotive Technologies. Despite headwinds in the domestic passenger vehicle segment, the company achieved an EBITDA margin of 19.1% and significantly outperformed its export growth guidance.
Transrail Lighting Board Approves ₹600 Crore QIP and Declares 150% Interim Dividend
The Board of Directors of Transrail Lighting Limited has approved a significant capital raising plan of up to ₹600 crore through a Qualified Institutions Placement. Alongside this, the company declared an interim dividend of 150% for the current financial year and announced a strategic move into high-tech sectors including drones and energy storage.
Neueon Corporation Secures ₹35 Crore Strategic Order for Tactical Communication Equipment
Neueon Corporation Limited has entered into a strategic procurement partnership with Elcom Innovations Private Limited valued at ₹35 crore. The agreement focuses on the supply of tactical communication equipment and solutions, marking a significant entry into specialized electronic hardware. This domestic order is scheduled for completion in various tranches by July 23, 2027.
Ice Make Refrigeration to Raise ₹190 Crore via Preferential Issue; Sets Up Japan JV
Ice Make Refrigeration Limited has approved a preferential issue of shares to raise approximately ₹190 crore from a group of investors including Japan's Galilei Holdings. The capital injection will support a new joint venture aimed at expanding the company's footprint in the commercial refrigeration and hospitality sectors.