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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 309 points lower at 24,472 on Tuesday.

Ambuja Cements:

The company to acquire 46.8% of Orient Cement for Rs.8,100 crores at Rs.395.40/share, triggering a 26% open offer with 8.5 MTPA cement capacity and 8.1 MTPA projects, boosting Adani Cement to 97.4 MTPA.

Aurionpro Solutions:

The company reported Q2 results with Sales growth of +32% YoY to Rs.278 crores (?6% QoQ), EBITDA rising +22% YoY to Rs.56 crores (flat QoQ), and Net Profit up +35% YoY to Rs.46 crores (?2% QoQ).

Authum Investment & Infrastructure:

The company signed a restructuring deal with NITCO for loan restructuring of Rs.2,875.81 crores, converting Rs.1,037.81 crores to equity, and acquiring Rs.300 crores in real estate, gaining 45% stake post-transaction.

Choice International:

The company acquired the retail lending business of Paisabuddy Finance and Sureworth Financial Services, increasing AUM by 75% to Rs.1,801.6 crores and expanding its branch network to 168 locations.

LTIMindtree:

The company launched 'AI-Smart Underwriter' with ServiceNow to automate and streamline insurance underwriting, enabling data-driven decisions and focus on key tasks.

MRF:

The company entered a PPA with Clean Max Omni to purchase hybrid power, acquiring up to 26% equity for Rs.7.26 crores to enhance renewable power supply.

NBCC:

The company’s subsidiary HSCC received orders worth Rs.1,322.48 crores, including Rs.642.69 crores for constructing 500 beds at ESIC Medical College, Faridabad, and Rs.679.79 crores for a 500-bed ESIC hospital in Manesar.

One 97 Communications:

The company received approval from NPCI to onboard new UPI users, adhering to all NPCI guidelines and circulars.

PFC:

The company incorporated a wholly-owned SPV for developing the "System strengthening at Koppal and Gadag for RE integration," to be transferred post-bidding.

Powergrid:

The company was declared the successful bidder for the TBCB project to establish a 765/400kV sub-station in Rajasthan REZ Ph-IV on BOOT basis.

SRF:

The company approved a Rs.445 crore BOPP-BOPE Film manufacturing facility in Indore, adding 60,000 MTPA capacity over 25 months, financed by debt and internal accruals.

Varun Beverages:

The company reported Q2 results with Sales decline of -33% QoQ (+24% YoY) to Rs.4,805 crores, EBITDA down -42% QoQ (+30% YoY) to Rs.1,151 crores, and Net Profit dropping -50% QoQ (+22% YoY) to Rs.629 crores.

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