Spectrum Electrical to Raise ₹325 Crore via Preferential Issue to HDFC MF and Others
Spectrum Electrical Industries Limited has approved a significant capital infusion of approximately ₹325 crore through a preferential issue of equity shares and convertible warrants. The board-approved move aims to strengthen the company's capital base by onboarding institutional investors including HDFC Mutual Fund and Valuequest India Inflexion Fund.
Syrma SGS Technology Reports Landmark FY26 with 27 Percent Revenue Growth
Syrma SGS Technology delivered a landmark financial year in 2026, significantly exceeding its own EBITDA and export targets. The company is now pivoting toward selective growth, prioritizing high-margin sectors and working capital efficiency over low-margin consumer volumes.
Diamond Power Infrastructure Secures ₹435.71 Cr Order for Hyderabad Data Center Projects
Diamond Power Infrastructure Limited has secured a domestic supply order valued at ₹435.71 crore for high-tension and low-tension power cables. The contract supports the development of 310 MW data center projects in Hyderabad, awarded by major EPC players including L&T and Sterling and Wilson.
Apar Industries to Seek EGM Approval for Fund Raise via QIP and Rights Issue
Apar Industries Limited has pivoted its capital-raising strategy by opting to seek shareholder approval through an Extra-Ordinary General Meeting (EGM) instead of a postal ballot. This shift, approved by the board on July 3, 2026, is designed to accelerate the timeline for a proposed fund raise involving QIPs, rights issues, or preferential allotments.
Apar Industries Board Approves ₹2,500 Crore Fund Raise via Equity and Warrants
The Board of Directors of Apar Industries has authorized a capital raising program of up to ₹2,500 Crore through various equity-linked instruments. This move aims to strengthen the company's balance sheet and provide the necessary capital for its diverse electrical equipment business segments.
Diamond Power Infrastructure Commissions 8th MV/EHV Cable Line with ₹30 Cr Investment
Diamond Power Infrastructure has operationalized its 8th MV/EHV power cable production line at its advanced manufacturing facility in Vadodara, Gujarat. The expansion, involving a ₹30 Crore investment, adds 150 kms to the monthly production capacity to address robust market demand.
Eveready Industries Starts Alkaline Battery Production at New Jammu Facility
Eveready Industries India Ltd has officially commenced commercial operations at its alkaline battery manufacturing unit in Jammu as of May 29, 2026. This move marks a strategic expansion of the company's manufacturing capabilities in the high-growth alkaline segment.
HBL Engineering Secures ₹1,714 Crore Kavach Order from Chittaranjan Locomotive Works
HBL Engineering Limited has secured a significant contract worth ₹1,714 Crores from Chittaranjan Locomotive Works for the deployment of advanced railway safety technology. The project involves the supply and commissioning of the KAVACH On-board locomotive equipment, strengthening the company's position in the indigenous railway signaling sector.
Delton Cables Eyes ₹2,500 Crore Revenue by 2030 Following 39% FY26 Growth
Delton Cables delivered a robust financial performance in FY26, characterized by a 39% surge in revenue and a strategic pivot toward high-margin private EPC contracts. The company has laid out an ambitious roadmap to reach ₹2,500 crore in revenue by 2030, supported by an asset-light manufacturing expansion and entry into niche high-growth sectors.