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.
Syrma SGS Crushes Guidance With 87% PAT Growth and ₹545 Crore EBITDA in FY26
Syrma SGS Technology Limited delivered a record-breaking performance in FY26, significantly outperforming its previous EBITDA guidance by 36%. The company reported a sharp shift towards high-margin segments and a robust order book visibility of ₹6,600 crore.
Rishabh Instruments FY26 EBITDA Doubles to ₹126 Cr as PAT Surges 292% YoY
Rishabh Instruments reported a significant turnaround in FY26, with consolidated EBITDA doubling to ₹126 crore and PAT surging by 292% to ₹823 million. The company's focus on operational efficiency and high-margin segments drove a 960-basis-point improvement in EBITDA margins.
Crompton Greaves Launches Super-Premium Brand Crompton Rhion for Kitchen Appliances
Crompton Greaves Consumer Electricals has introduced a new super-premium brand, Crompton Rhion, to target high-end consumer segments. The company is integrating its Large Kitchen Appliances product line into this vertical to leverage advanced design and R&D-driven innovation.