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Market Updates

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 29 points lower at 25,060 on Tuesday.

Aster DM Healthcare

The company incorporated a wholly owned subsidiary, Aster DM Super-Specialty Hospital (Sarjapur), to establish a 430-bed hospital in Bengaluru.

Concord Biotech

The company incorporated a wholly owned subsidiary, Concord Lifegen, to manage marketing, sales, and distribution of pharmaceutical products in India and abroad.

Dalmia Bharat

The company’s arm DCBL approved a Rs.3,287 crore plan to add 6 MnT cement and 3.6 MnT clinker capacity at Kadapa, including a 3 MnT bulk terminal at Chennai, by Q2 FY28.

Delhivery

The company launched a 1 lakh sq.ft automated hub in Lucknow with 40% higher capacity to support MSMEs and expand nationwide logistics reach.

L&T Finance

The company will exercise the call option on Rs.150 crore Tier-I NCDs issued in 2015, with principal and 9.90% coupon payable on August 26, 2025.

One 97 Communications

The company appointed Adani Group arm MDPL as EPC contractor for its Rs.800 crore IT/ITES project in Noida, targeted for completion in 60 months, replacing the earlier proposed JDA.

Oswal Pumps

The company acquired 5.23 crore shares of its wholly owned subsidiary Oswal Solar Structure for Rs.303.76 crore via rights issue.

Prestige Estates Projects

The company acquired the remaining 40% in Apex Realty Ventures LLP, making it a wholly owned subsidiary to consolidate its real estate business.

Shyam Metalics and Energy

The company approved fundraise of up to Rs.4,500 crore via equity or hybrid instruments and NCDs issuance of up to Rs.3,000 crore.

Tata Communications

The company partnered with Amazon Web Services to build a Rs.430 crore AI-optimised long-distance network across Mumbai, Hyderabad, and Chennai.

Uno Minda

The company completed acquisition of e-Drives business assets in Vietnam from Friwo via its step-down subsidiary Minda Industries Vietnam.

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