IGI Logo

The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 1 point higher at 25,940 on Tuesday.

Advik Capital:

The company has entered supply chain financing with an MOU signed witha leading agri-product FMCG company, aiming to expand its offerings acrossdiverse industries.

Balu Forge Industries:

The company has acquired 7 Axis CNC machines to enhance its capabilitiesin precision engineering for Aerospace, Defence, and Railways.

Ceigall India:

The company received a Letter of Acceptance for the construction of the4/6 Lane Southern Ayodhya Bypass project, with a cost of Rs.1,299.20 Croresunder the Hybrid Annuity Model, to be completed in 24 months.

Ceinsys Tech:

The company raised Rs.235 crore through a preferential allotment of equityshares and warrants for inorganic expansion, including acquiring USA-basedVTS and establishing a subsidiary in the Asia Pacific.

Gayatri Rubbers and Chemicals:

The company has won an annual contract from MSRTC for the supply of 'Reinforced Rubberised Packing' for the next year.

Hindustan Foods:

The company approved a demerger of Avalon Cosmetics' Nashik division,which contributes 0.41% to its total turnover of Rs.2,381.37 crores, withpromoter shareholding projected to increase from 63.81% to 64.33%.

Jay Kailash Namkeen:

The company has received an order from Haldiram Foods InternationalPrivate Limited to supply namkeen.

Larsen & Toubro:

The company secured major orders in the Middle East for high-voltageelectricity grid expansion, including ±500kV HVDC Transmission Links inSaudi Arabia and 400kV Gas Insulated Substations in Abu Dhabi.

Linc:

The company received a demand order for tax and penalty of Rs.3.53 croreseach from CGST & CX, expecting no material financial impact as it plans tocontest the order.

Sealmatic India:

The company has secured an order for engineered mechanical seals for theDVC Raghunathpur Thermal Power Station Phase II, totaling 1320 MW,through BHEL, ensuring long-term O&M business for mission-critical pumps.

Sterling and Wilson Renewable Energy:

The company announced new domestic solar EPC orders worth Rs.512 crore,including a 250 MWp DC project in Gujarat and a 65 MWp DC project inMaharashtra.

UGRO Capital:

The company’s Investment and Borrowing Committee approved theissuance of secured, rated, listed redeemable NCDs totaling Rs.20,000 lakh.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM00001274