Affordable Robotic & Automation Secures ₹10.02 Cr Orders for Robotic Welding Lines
Affordable Robotic & Automation Limited (ARAPL) has secured two significant purchase orders from domestic customers for the supply of robotic welding lines. Totaling approximately ₹10.02 Crore, these turnkey projects are scheduled for completion by December 2026, marking a steady addition to the company's industrial automation pipeline.
Patil Automation to Raise ₹96.38 Crore via Preferential Issue of Equity and Warrants
The Board of Patil Automation Limited has approved a fund-raising proposal of ₹96.38 crore through a preferential issue of equity shares and warrants. The company also intends to reallocate ₹9.16 crore of unutilized IPO proceeds towards working capital requirements following the completion of its new manufacturing facility.
Rajoo Engineers Ltd Partners with Rieckermann for Southeast Asia Market Expansion
Rajoo Engineers Limited has announced a strategic partnership with Rieckermann to enhance its sales and technical support network across key Southeast Asian markets. The collaboration focuses on distributing and servicing Rajoo's advanced plastics extrusion machinery in Thailand, Indonesia, Malaysia, and the Philippines.
Affordable Robotic & Automation Secures ₹13.66 Cr Turnkey Welding Project
Affordable Robotic & Automation Limited has secured a turnkey purchase order worth ₹13.66 crore from a domestic customer for the supply of a robotic welding line. The project, which falls under the company's ordinary course of business, is scheduled for execution by December 2026.
HLE Glascoat Subsidiary Secures ₹224.10 Crore Order for Fehmarnbelt Tunnel Project
HLE Glascoat’s step-down subsidiary, HLE Surface Technologies GmbH, has secured a significant international contract valued at approximately ₹224.10 crore. The order involves supplying specialized vitreous enamel cladding panels for the Fehmarnbelt Fixed Link, a major subsea tunnel project connecting Germany and Denmark.
Axtel Industries Partners With IISc For Advanced Cryogenic Grinding Technology
Axtel Industries has entered into a strategic technology licensing agreement with the Foundation for Science, Innovation and Development (FSID) at the Indian Institute of Science (IISc). The collaboration focuses on the commercialization of an advanced cryogenic counter-rotating pin-disc impact milling system, developed indigenously under a government scheme.
Macpower CNC Q1 FY27 Results: PAT Surges 110% as Management Raises FY27 Guidance to 30%
Macpower CNC delivered its strongest-ever Q1 performance for FY27, characterized by a 56.6% YoY revenue increase and a doubling of net profits. Driven by a record order book and high-end product adoption, management has officially upgraded its full-year growth guidance.
Artson Ltd Secures ₹14.63 Crore Structural Order for JSW Jaigarh Port
Artson Limited has received a Letter of Intent from TKIL Industries Private Limited for a specialized structural project at JSW Jaigarh Port. The contract, valued at ₹14.63 Crore, involves the fabrication and supply of conveyor galleries and trestles within a six-month execution window.
Kilburn Engineering FY26 PAT Jumps 54% to ₹96.2 Cr as EBITDA Margins Hit 25.1%
Kilburn Engineering achieved record financial performance in FY26, marked by a 50.4% growth in consolidated income and a significant expansion in operational margins. The company successfully transitioned to a net debt-free status while maintaining a robust order book and an enquiry pipeline exceeding ₹40,000 million.