Raymond Shares Skyrocket 45% in 15 Days Since ₹214.71 Crore Warrants Allotment
Raymond Limited approves raising ~₹214.71 Crore through 33.28 lakh convertible warrants issued to Minerva Ventures Fund at ₹645 each to bolster capital reserves.
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Straight from the exchange filing
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Raymond Limited approves raising ~₹214.71 Crore through 33.28 lakh convertible warrants issued to Minerva Ventures Fund at ₹645 each to bolster capital reserves.
Enviro Infra Engineers' subsidiary Suyog Urja bags a ₹189.99 Crore EPC contract from Tata Power for a 180 MW wind project in Maharashtra. Details here.
Sukhjit Starch signs ₹500 Cr MoU with Maharashtra government for a 1200 TPD maize processing unit in Nashik, expanding capacity and strengthening market presence.
Alkem Laboratories launches Renocia Exo, India's first patented Ginsenoside Exosome-based hair serum, targeting the dermatology market. Market cap ₹62,048 Cr.
Affordable Robotic & Automation Ltd wins a ₹13.66 Crore turnkey order for a robotic welding line from a domestic client, with delivery set for December 2026.
Novartis India enters a ₹10 crore exclusive distribution deal with NHPL for the retina portfolio, marking its entry into India's ophthalmology therapy area.
Intellect Design Arena (INTELLECT) unveils MSOCK, an AI-native system with 39 patents, targeting a 70% reduction in engineering effort and transformation costs.
Organic Recycling Systems Ltd wins ₹167.30 Cr EPCOM contracts from BPCL for CBG plants in Mysore and Raipur, adding 9.8 TPD capacity and 5-year O&M mandates.
HLE Glascoat's subsidiary HST secured a €20.56 million (₹224.10 Cr) contract from FLC Portals Group for enamel cladding panels to be delivered by April 2030.
Axtel Industries signs technology licensing agreement with IISc for cryogenic grinding systems involving a ₹3 crore prototype purchase and sales-linked royalties.
TVS Motor Company launches the RTX 300 adventure bike in Europe. Built on the RT-XD4 platform, the 299cc motorcycle targets the A2 segment with prices from €4,890.
Shalibhadra Finance launches Used Commercial Vehicle financing to target the rural logistics market. The NBFC currently manages an AUM of over ₹220 crores.
RNFI Services Limited partners with ASRLMS to onboard SHG members as BC Sakhis in Assam. A 3-year non-financial MoU focused on rural doorstep banking expansion.
GE Vernova T&D India emerges as the L1 bidder for Power Grid Corporation’s 6000 MW HVDC Terminal Station project to evacuate renewable power from Barmer II.
Symphony Limited (SYMPHONY) announces a phased entry into Room ACs, BLDC Fans, and Air Purifiers starting Dec 2026, leveraging an asset-light model for growth.
BCPL Railway Infrastructure secures L1 status for a ₹54.74 crore Eastern Railway project involving TRD works and wire replacements in the Asansol Division.
Garuda Construction's subsidiary Dream City Builders signs MoU with Almasarat Company for a 93-storey tower in Jeddah, eyeing ₹1,800 crore in potential revenue.
NALCO partners with Emirates Global Aluminium for a 0.5 MTPA expansion at Anugola, Odisha, utilizing DX+ Ultra technology to double total smelting capacity.
Tembo Global Industries partners with Belgium's Lachaussee SA for a ₹545 Cr ammunition production line in India, targeting 100 million rounds annual capacity.
Greaves Cotton launches the 12V15 750 HP Fire Fighting Engine at FSIE Expo 2026, strengthening its industrial solutions portfolio for critical infrastructure.