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The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 546 points lower at 25,250 on Thursday.

Adani Power:

The company has acquired the remaining 5.6% of Anuppur Thermal Energy from Adani Infra (India) Ltd., making ATEMPL a wholly owned subsidiary with an authorized share capital of ?85 crore.

Allcargo Logistics:

The company’s subsidiary Ecuhold N.V. acquired an additional 25% stake in ECU Worldwide (Japan) Limited for $550,000, increasing its holding to 90%.

CESC:

The company’s subsidiary, Purvah Green Power Pvt Ltd, signed a binding term sheet with Bhojraj Renewables for securing approvals and acquiring land for a 300 MW wind and 150 MW solar project, alongside acquiring full shareholding of Bhojraj Renewables.

DroneAcharya Aerial Innovations:

The company signed an MoU with U.S.-based American Blast Systems to co-produce drones for law enforcement, military, and other sectors, expanding into the U.S. and European markets.

H.G. Infra Engineering:

The company’s wholly-owned subsidiary, H.G. Chennai-Tirupati (II) Highway Private Limited, received a letter from NHAI noting the financial close for the construction of a 37.43 km access-controlled 4-lane highway project at a cost of ?862.11 crore, with a completion period of 24 months.

IndianOil:

The company and Nepal Oil Corporation have signed B2B framework agreements to develop critical petroleum infrastructure in Nepal, enhancing energy security and cooperation between the two nations.

Mahindra & Mahindra:

The company’s subsidiary Mahindra Last Mile Mobility launched the Mahindra ZEO 4W electric SCV priced from ?7.52 Lakh, with a 160 km range, 60-minute fast charging, and AI-powered safety features, targeting the sub-2-tonne segment.

Oriental Rail Infrastructure:

The company has secured an order worth ?3.68 crore from Western Railways for the supply and fitment of stainless steel seating in Siemens-type coaches.

Solex Energy:

 The company has received a ?7.67 crore work order from the District Panchayat Raj Officer, Madhepura, for a five-year Comprehensive Maintenance Contract, including a Remote Monitoring System for the Smart Solar Street Light System.

Transformers and Rectifiers:

The company has secured orders worth ?565 crore from Power Grid Corporation of India Limited for manufacturing transformers and reactors.

VIP Industries:

The company has partnered with Unicommerce to enhance post-purchase e-commerce operations, enabling faster order processing across multiple online channels.

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