Several companies have secured significant contracts that are expected to drive market attention. KPI Green Energy Ltd received a work order worth approximately ₹2,025 crore from NACOF Oorja Private Ltd for the turnkey Engineering, Procurement and Construction of a 500 MW / 550 MWp solar photovoltaic power project in Rajasthan. Power Mech Projects Limited secured a major domestic contract valued at ₹549.37 crore from Moxie Power Generation Limited, an Adani Group company, for complete operation and maintenance services at a 2x600 MW thermal power plant in Tuticorin, Tamil Nadu, with a 60-month execution timeframe from October 1, 2026 to September 30, 2031. STL Networks Limited emerged as the lowest bidder for a ₹249.8 crore cloud infrastructure contract from RailTel Corporation of India Ltd, while Laser Power & Infra Ltd received a ₹44 crore order from CESC Limited for EPC works covering distribution stations and underground cabling projects.
Tata Steel has received significant tax relief in a long-running income tax dispute, with the Income Tax Appellate Tribunal allowing the company's claim for deduction of interest expenditure for FY2009. According to the company's exchange filing, this provides relief of approximately ₹427 crore for FY2009 and reduces the total tax component to ₹1,259 crore. This follows an earlier favourable ruling for FY2008, providing substantial relief to the steel major's financial position.
Shiva Cement has approved a comprehensive Scheme of Arrangement for amalgamation into its parent company JSW Cement Ltd, with JSW Cement to issue 5 fully paid-up equity shares of face value ₹10 each for every 41 shares of Shiva Cement. TPL Plastech Ltd has approved merger into parent company Time Technoplast Ltd, with equity shareholders receiving 403 shares of Time Technoplast for every 1,000 shares of TPL Plastech. Meanwhile, Ganesh Benzoplast Ltd announced a strategic transaction with Cisternina Logistics Private Ltd, involving the sale of its liquid storage tank business at Jawaharlal Nehru Port, Goa Port and Cochin Port terminals for an aggregate consideration of ₹1,154 crore.
Allcargo Logistics announced a strategic leadership transition with Vijay Nehra appointed as Chief Transformation Officer and Managing Director Designate effective October 1, 2026, and Managing Director & CEO effective January 1, 2027. Prestige Estates Projects hospitality arm raised ₹3,000 crore from Canada Pension Plan Investment Board by diluting a 27% stake in PHVL. Exide Industries infused further equity capital worth approximately ₹100 crore into its subsidiary Exide Energy Solutions Limited through a rights issue executed on September 29, 2026, bringing cumulative investment to ₹5,202.23 crore. Capital India Finance Ltd successfully raised ₹100 crore through private placement of NCDs with a 27-month tenure and 10% fixed coupon rate.
Lloyds Enterprises and its executives settled with SEBI for alleged fraudulent activities and disclosure lapses, paying a total of ₹4.16 crore in settlement charges. KSB Limited received a significant international export award from Dangote Projects Free Zone Enterprise for supplying around 18 Boiler Feed Pump Packages valued at approximately ₹118 crore. Arisinfra Solutions announced its subsidiary secured a Developer-as-a-Service mandate for the Transcon UNO residential project in Kalina, Mumbai, with an estimated Gross Development Value of ₹400 crore. JNK India Limited confirmed receiving two new business contracts from a domestic client for flare package components at an Indian project site.
