Sumeet Industries Completes ₹199.75 Cr Rights Issue to Double Manufacturing Capacity
Sumeet Industries has finalized a ₹199.75 Crore capital raise through a rights issue to facilitate the integration of a newly acquired manufacturing plant and strengthen its balance sheet. The funding supports a strategic turnaround under new management, focusing on doubling production capacity and enhancing backward integration.
Adani Energy Solutions Secures ₹8,500 Crore Transmission Project in Andhra Pradesh
Adani Energy Solutions Ltd has been awarded a major inter-state transmission project in Andhra Pradesh valued at approximately ₹8,500 crore. The project is designed to provide critical power infrastructure for upcoming green hydrogen and ammonia initiatives in the Vizag region.
Alan Scott Enterprises Targets US$ 15M Growth Capital as FY26 Revenue Hits ₹35.50 Cr
Alan Scott Enterprises Ltd has transitioned from a holding company to an operational venture launchpad, reporting a six-fold turnover growth over three years. The company is now seeking over US$ 15 million in capital to scale 11 subsidiaries across AI, robotics, and consumer segments.
Bondada Engineering Board Approves ₹500 Crore Fund Raise and 14% Final Dividend
Bondada Engineering's board has approved a substantial capital infusion of up to ₹500 crore via Non-Convertible Debentures or other instruments. The company also announced a 14% final dividend and initiated plans to migrate its listing from the BSE SME platform to the Main Boards of both BSE and NSE.
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.
Coforge Launches Nuuron AI Operating System to Industrialize Enterprise AI Outcomes
Coforge has introduced Nuuron, a comprehensive AI Operating System designed to help enterprises move from experimental AI projects to industrialized, agentic AI deployment. The platform creates a unified operational layer by integrating enterprise knowledge and workflows to drive measurable business results.
Cemindia Projects Board Approves Mega ₹5,000 Crore Fund Raise via QIP and Other Modes
The Board of Directors of Cemindia Projects Limited has greenlit a significant capital infusion plan of up to ₹5,000 Crore. The company intends to raise these funds through various instruments including Qualified Institutional Placements (QIP) and rights issues to strengthen its financial position.
Talbros Engineering Secures 40,000 Sq Mtr Pithampur Site for ₹25 Crore Expansion
Talbros Engineering has finalized the acquisition of a new industrial property in Pithampur, Madhya Pradesh, for a total consideration of ₹25 Crore. The 40,000-square-meter facility is designated for future production expansion and the development of new automotive projects.
TVS Motor Company Launches TVS Orbiter Electric Scooter in Nepal with 158 km Range
TVS Motor Company has launched the TVS Orbiter electric scooter in Nepal, marking a strategic expansion of its international electric vehicle portfolio. The vehicle introduces segment-first hardware and advanced safety technology designed to address the growing demand for sustainable urban commute solutions.