GRE Renew Enertech Secures 8 Solar EPC Orders Worth Rs 24.88 Crore for 7.67 MW Projects
GRE Renew Enertech Limited has secured eight new domestic orders for solar Engineering, Procurement, and Construction (EPC) services totaling ₹24.88 crore. These projects, received during the second half of August 2026, cover a cumulative capacity of approximately 7.67 MW across multiple ground-mounted and rooftop installations.
SRM Contractors to Raise ₹250 Crore via QIP and Preferential Issue to Promoters
SRM Contractors has approved a comprehensive fund-raising strategy totaling ₹250 crore to strengthen its capital base and support business expansion. The plan includes a Qualified Institutions Placement of up to ₹150 crore and a preferential issuance of convertible warrants worth approximately ₹100 crore to the company's promoters.
Som Distilleries Board Approves ₹25.00 Crore Fund Raise via Convertible Warrants
Som Distilleries and Breweries Limited has approved a capital infusion of ₹25.00 crore through the issuance of convertible equity warrants to its promoter group. The board sanctioned the preferential allotment of over 32 lakh warrants to strengthen the company's financial position ahead of its 33rd Annual General Meeting.
Jeena Sikho Lifecare Expands Ayurvedic Portfolio with Launch of Two New Wellness Products
Jeena Sikho Lifecare Limited has announced the domestic launch of two new Ayurvedic tablet formulations under the Acharya Ji's brand. The launch of Jeevanodya Vati and Ojavardhan Vati aims to strengthen the company's presence in the wellness and preventive healthcare segment.
LIC Receives RBI Approval to Raise Stake in ICICI Bank to 9.99 Percent
The Reserve Bank of India (RBI) has granted approval to the Life Insurance Corporation of India (LIC) to increase its stake in ICICI Bank to 9.99%. This regulatory nod allows LIC to acquire additional shares or voting rights within a one-year window, reinforcing institutional participation in the private sector lender.
Kataria Industries Shares Skyrocket 47% in 14 Days Since ₹63.60 Crore Raise and ₹0.50 Dividend
Kataria Industries has approved a preferential allotment of 60 lakh equity shares to raise ₹63.60 crore from six non-promoter investors. The board also recommended a ₹0.50 per share dividend and authorized a capital hike to ₹30 crore to support expansion.
Refex Renewables Subsidiary Secures 80 MW Wind Power Project from SJVN Limited
Refex Green Power Limited, a wholly-owned subsidiary of Refex Renewables & Infrastructure, has been awarded an 80 MW wind power project by SJVN Limited. The project, located in Kurnool, Andhra Pradesh, will operate under a 25-year Power Purchase Agreement with a discovered tariff of ₹3.88 per kWh.
ICICI Bank Increases Stake in ICICI Prudential Life Insurance to 52.84 Percent via Open Market
ICICI Bank Limited, a promoter of ICICI Prudential Life Insurance Company, has increased its ownership in the insurer by 2%. The acquisition involved the purchase of 2,90,15,693 equity shares through open market tranches completed by September 2, 2026.
Prime Focus Shares Surge 15% in 10 Days Since ₹3,000 Crore Fund Raise Approval
The Board of Prime Focus Ltd has approved a significant capital mobilization plan of up to ₹3,000 Crore through multiple financial instruments. This strategic move is accompanied by an increase in the company's authorized share capital to ₹100 Crore to support future growth and operational flexibility.