Utkarsh Small Finance Bank Approves ₹500 Crore Tier II Bond Issuance
The Board of Directors at Utkarsh Small Finance Bank has approved a significant capital raise of ₹500 crore via Tier II bonds to strengthen its financial architecture. Alongside the fundraise, the bank announced the transition of its Chief Financial Officer, Sarjukumar Simaria, to the position of Whole Time Director for a three-year tenure.
AksharChem India Commissions 2.4 MWp Solar Power Plant for Dahej Factory Operations
AksharChem India Limited has successfully commissioned a 2.4 MWp solar power plant in Gujarat to provide captive power to its Dahej manufacturing facility. The plant began generating electricity in April 2026, marking a significant step in the company's transition toward sustainable energy sources.
Axis Solutions Launches Smart EV Charging Firmware to Support 3.3kW to 360kW Infrastructure
Axis Solutions Ltd has introduced a proprietary Smart EV Charging Firmware featuring Dynamic Load Scheduling (DLS) technology to enhance electric vehicle charging infrastructure. The platform is designed to support both AC and DC charging systems, offering scalable solutions for various deployment sizes from 3.3 kW to 360 kW.
Power Mech Projects Secures ₹1,008.90 Crore Order from JSW Thermal Energy
Power Mech Projects Ltd has secured a significant domestic contract valued at ₹1,008.90 crore from JSW Thermal Energy Limited. The project involves large-scale civil and structural works for a thermal power plant in West Bengal, strengthening the company's order book in the energy infrastructure segment.
Nureca Ltd Launches AI Health Analytics as Dr Trust 360 Hits 2.4 Million User Milestone
Nureca Limited has introduced Dr Trust Intelligence, an AI-powered health analytics suite integrated within its Dr Trust 360 app. The launch coincides with the platform reaching a significant milestone of 2.4 million registered users in the connected home healthcare segment.
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.