Latest Announcements

Garden Reach Shipbuilders & Engineers Limited (GRSE) is undertaking capacity expansion initiatives at three facilities in West Bengal, with a total capital expenditure of ₹2670 crore, to strengthen its indigenous shipbuilding capabilities and support future growth.

Kellton Tech Solutions Ltd has been selected by a leading U.S. healthcare administration and claims management company to design and build an AI-driven enterprise claims management platform.

Garden Reach Shipbuilders & Engineers Ltd is undertaking capacity expansion initiatives at Raichak, Timber Pond facility -Shalimar and Damodar facility – Khidderpore Docks to strengthen its indigenous shipbuilding capabilities, support future growth and enhance the ability to execute larger and more complex projects with capital expenditure cost of ₹2670 crore.

Indian Hotels Company Ltd has announced the merger of Oriental Hotels Limited with itself, aiming to simplify its group structure, increase shareholding in key group companies, and unlock asset management opportunities.

Indian Hotels Company Ltd has announced a merger with Oriental Hotels Limited, with OHL shareholders receiving 117 shares of IHCL for every 25 shares of OHL, resulting in a 1:4.68 swap ratio. The merger aims to simplify the group structure, increase shareholding in key group companies, and unlock asset management opportunities.

Insolation Energy Limited's wholly-owned subsidiary, Insolation Green Energy Private Limited, has received a letter of award for setting up 9 solar power projects from Maharashtra State Electricity Distribution Co. Ltd. with a total capacity of 99 MW AC (128.7 MW DC) under the Mukhyamantri Saur Krushi Vahini Yojana - 2.0. The project is expected to generate an annual revenue of approximately INR 59.72 crores for 25 years.

Insolation Energy Ltd's wholly-owned subsidiary, Insolation Green Energy Private Limited, has received a letter of award for setting up 9 solar power projects from Maharashtra State Electricity Distribution Co. Ltd. with a total capacity of 99 MW AC (128.7 MW DC) and a 25-year power purchase agreement. The project is expected to generate annual revenue of approximately INR 59.72 crores.

TVS Supply Chain Solutions Limited has signed a strategic Memorandum of Understanding (MoU) with Japan's Sankyu Inc. to collaborate across supply chain and engineering services, with Sankyu intending to acquire a 0.5% equity stake in TVS SCS.

TVS Supply Chain Solutions Ltd has signed a strategic Memorandum of Understanding (MoU) with Japan's Sankyu Inc. to collaborate across supply chain and engineering services, with Sankyu intending to acquire a 0.5% equity stake in TVS SCS.

Larsen & Toubro Limited has signed a contract for an ultra-mega gas compression project in the Middle East, valued at over ₹15,000 crore.

Larsen & Toubro Ltd has signed a contract for an ultra-mega* gas compression project in the Middle East, valued at over ₹15,000 crores. The project involves engineering, procurement, and construction of gas compression plants, including gas inlet facilities, gas compression systems, and associated utilities. L&T's Power Transmission & Distribution business will execute two 230 kV extra-high-voltage substations to meet the power requirements of the gas compression plants.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7,91,60,064.53. The LOA is for the Supply, Installation, Testing and Commissioning of Telecom Material in connection with the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7,91,60,064.53 to deploy an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates.

Lords Mark Industries Ltd has entered into a strategic collaboration with ARKALL Holdings Ltd to expand its healthcare business in the Caribbean region.

Oriental Hotels Ltd will be merged with The Indian Hotels Company Limited (IHCL) through a Scheme of Arrangement, subject to statutory approvals and clearances. The merger will create significant value for OHL shareholders, enabling them to participate directly in IHCL's growth journey.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7,91,60,064.53. The project entails the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division.

Veranda Learning Solutions Limited has received NCLT approval for the demerger of its Commerce vertical into J.K. Shah Commerce Education Limited, paving the way for the latter's listing.

The Indian Hotels Company Limited has announced a merger with Oriental Hotels Limited through a Scheme of Arrangement. The merger is subject to statutory approvals and clearances. IHCL will acquire OHL in an all-stock transaction, with a share exchange ratio of 25 IHCL shares for every 117 OHL shares. The completion is targeted in the second half of FY2028, with an Appointed Date of April 1, 2027.

Magellanic Cloud Ltd's wholly owned subsidiary Provigil Surveillance Limited has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7,91,60,064.53. The LOA is for the Supply, Installation, Testing and Commissioning of Telecom Material in connection with the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division.

Indian Hotels Company Ltd (IHCL) announces the merger of Oriental Hotels Limited (OHL) through a Scheme of Arrangement, subject to statutory approvals and clearances. The merger aims to drive long-term value creation by leveraging IHCL's strong balance sheet for strategic investments and simplifying the group's holding structure.