Promoter Entity Shree Saibaba Exim Acquires 1.09% Stake in Evexia Lifecare via Open Market
Shree Saibaba Exim Private Limited, a promoter group entity, has increased its stake in Evexia Lifecare Limited through a significant open-market purchase. The acquisition involves 2,03,95,000 equity shares, representing 1.0863% of the company's total voting capital.
Garden Reach Shipbuilders Signs Strategic MoUs with DNV and Damen for Advanced Vessels
Garden Reach Shipbuilders & Engineers Ltd has signed two strategic Memorandum of Understandings with global maritime leaders DNV and Damen Technical Cooperation. These agreements focus on enhancing warship design capabilities, integrating AI and green technologies, and constructing advanced dredging vessels for the Indian market.
Inox Wind Shares Jump 10% in 11 Days Since Securing ₹755 Crore Project From Indian Oil Corporation
Inox Wind Limited has secured a significant 100 MW turnkey wind power contract from Indian Oil Corporation Limited, valued at approximately ₹755 crore. The project encompasses the entire lifecycle from turbine supply to commissioning, followed by a long-term operations and maintenance agreement.
Knowledge Marine Raises FY27 Revenue Guidance to 60% as Q1 Profit Surges 466%
Knowledge Marine & Engineering Works (KMEW) delivered a robust Q1 FY27, characterized by 138% revenue growth and significant margin expansion. Following strong project execution in dredging and a growing order book of ₹1,300 crore, management has upgraded its annual revenue growth guidance from 40% to over 60%.
Organic Recycling Systems Shares Surge 15% in 13 Days Since ₹16.10 Crore Preferential Issue
Organic Recycling Systems Limited has approved the issuance of 10,00,000 equity shares to its promoter, Mr. Sarang Bhand, to raise ₹16.10 crore. This preferential issue, priced at ₹161 per share, aims to strengthen the company's capital base and increase promoter skin in the game.
Natural Capsules Ltd Approves ₹10.01 Cr Fund Raise via Preferential Issue to Promoters
Natural Capsules Limited has approved a revised preferential issue of 1.12 lakh equity shares and 4.5 lakh convertible warrants to its promoter group. The transaction, valued at ₹10.01 Crore, aims to strengthen the company's capital base through immediate equity infusion and future warrant conversions.
RRP Defense Partners with ESC BAZ to Launch AI-Enabled Diamond Surveillance Tech
RRP Defense Limited has secured an exclusive partnership with ESC BAZ to bring 'Diamond' AI-enabled surveillance technology to India. The collaboration focuses on localizing advanced electro-optical systems for defense and security, targeting a domestic market opportunity estimated at US$580 million.
GPT Infraprojects Shares Jump 10% in 12 Days Since L1 Bid for ₹483.7 Crore RVNL Bridge Order
GPT Infraprojects Limited has been declared the lowest bidder (L1) for a major bridge construction contract from Rail Vikas Nigam Limited valued at ₹483.7 crore. The project involves building a significant steel girder structure over the Mahanadi River as part of railway capacity expansion in Odisha.
Maruti Suzuki Eeco Hits 15 Lakh Sales Milestone; Launches Special Eeco Star Edition
Maruti Suzuki India Limited has achieved a cumulative sales milestone of 1.5 million units for its Eeco van since its 2010 debut. To celebrate this achievement, the company has introduced the Eeco Star Edition, featuring 18 exclusive interior and exterior enhancements to maintain its leadership in India's van segment.