Stocks In News
CSB Bank: Second quarter total deposits rose 25% year-on-year to Rs 39,651 crore and gross advances was up 29% year-on-year to Rs 34,730 crore.
Sammaan Capital: Avenir Investment to invest Rs 8,850 crore via shares and warrants at Rs 139 apiece, 18% discount to current market price. Post investment, it will hold 43.46% and make an open offer; Rs 4,587 crore via shares and the balance via warrants in two tranches.
SKF India: Fixed Oct. 15 as record date for entitlement of SKF Industrial shares. NCLT had earlier approved the demerger with SKF Industrial.
PTC Industries: Arm Trac Precision Solutions won a multi-million-pound project with Coolbook to supply machine and cast components for Rotodynamic heater.
PTC Industries: Arm Trac Precision Solutions won a multi-million-pound project with Coolbook to supply machine and cast components for Rotodynamic heater.
Nestle: Added new Maggi noodles production line at Sanand, Gujarat with an investment of Rs 85 crore.
Ashoka Buildcon: Arm Viva Highways acquired 7.46 crore shares in Jaora-Nayagaon Toll Road Company for Rs 166 crore.
Hexaware Technologies: Natsoft Corp and Updraft LLC filed complaints in the US alleging patent infringement and breach of contract; the company has not received any notices.
TBO Tek: Arm TBO LLC completed acquisition of 100% in Classic Vacations, LLC, which will become a step-down subsidiary.
Tata Power: Arm signed agreement with Tata Power Mumbai Distribution to set up 80 MW firm and dispatchable renewable energy project.
Lemon Tree Hotels: Opened a 111-room property in Andhra Pradesh.
Alivus Life: Received a tax demand of Rs 2.6 crore from Ankleshwar Tax Body.
BLS International: Arm BLS UK Hotels acquired 100% of Trefeddian Hotel, Aberdovey for Rs 78.3 crore.
Adani Green Energy: Commissioned 50 MW solar and 31.2 MW wind projects at Khavda, Gujarat, raising total operational renewable capacity to 16,679.8 MW.
Bansal Wire: Second quarter sales volume rose 45.9% YoY to 1.15 lakh metric tonnes.
Hyundai Motor India: Commenced passenger vehicle production at its Pune plant.
Coal India: September coal production fell 3.9% year-on-year to 48.97 MT.
V-Mart Retail: The second quarter revenue rose 22% year-on-year to Rs 807 crore, supported by 11% same store sales growth and 25 new stores.
Goodluck India: Obtained industrial licence to produce empty shells; trial production to begin in third quarter.
Maruti Suzuki: September sales up 2.7% year-on-year to 1.89 lakh units while exports surged 52% year-on-year. Production rose 26.4% year-on-year to 2.01 lakh units and GST reforms boosted festive deliveries to a record 1.65 lakh in eight days.
Sai Silks: Second quarter turnover rose 28% year-on-year to Rs 444 crore. The company opened five stores, planning 10 more.
Diffusion Engineers: Secured Rs 22.9 crore order to supply fan statics and rotary air preheater statics.
PVR Inox: Evaluating legal options after CCI probe into virtual print fee (VPF) charged to film producers.
Eveready Industries: Arbitration proceedings against the company withdrawn after tribunal passed consent award.
TVS Motor: September sales up 12% year-on-year to 5.41 lakh units, driven by scooters (+17%), motorcycles (+9%) and EVs (+8%).
Lemon Tree Hotels: Signed pact for 52-room hotel in Haridwar, opened 67-room hotel in Navi Mumbai and rebranded Delhi property.
Shriram Finance: Approved Rs 500 crore NCD issue via private placement. In addition, the company denied reports of MUFG seeking 20% stake.
Capital Trust: Launched gold loan business with first branch in Aligarh, Uttar Pradesh.
Niva Bupa: Meerut Tax Authority dropped alleged GST demand of Rs 124 crore.
Religare Enterprises: Appointed Gurumurthy Ramanathan as non-executive chairperson until Dec. 31, 2025.
SKF India: Scheme of arrangement with SKF Industrial effective Oct. 1, 2025.
Wipro: Step-down subsidiary in the Philippines voluntarily dissolved.