Waaree Energies has significantly boosted its stake in subsidiary Waaree Transpower from 64.04 percent to 75.10 percent via acquisition of 2.53 crore shares at ₹75 each, representing a ₹190 crore cash consideration. The company has also approved ₹3,900 crore capital expenditure for a glass manufacturing plant in wholly owned subsidiary Waaree Green Glass with a capacity of 2,500 TPD, funded by debt and internal accruals. Meanwhile, Sanathan Textiles' subsidiary Sanathan Polycot has entered into a Share Subscription and Shareholders' Agreement, along with a Power Supply and Consumption Agreement (PSCA), to acquire a 26 percent stake in Serentica Renewables India 33 Private Limited for sourcing renewable power as a captive consumer for a contracted capacity of 32 MW.
Ceigall India has received significant work orders worth ₹298 crore from Purvah Green Power to be executed in Andhra Pradesh, as reported by Moneycontrol News. The company has now received two additional work orders dated March 23, 2026, totaling approximately ₹298 crore. An order worth ₹119.96 crore (inclusive of GST) for supply, transportation, erection including civil work on turnkey basis for a 220 kV transmission line including the Right of Way and statutory approvals - Work Order No. 300000188. Another order worth ₹177.93 crore (inclusive of GST) for construction works for balance of plant for the 300.3 MW hybrid (wind) power project in Ralla A.P (Project) comprising 91 wind turbine generators, including construction, completion, and testing of the WTG foundations and the access roads and pathways - Work Order No. 300000187. In the energy sector, NTPC Green Energy has signed a Memorandum of Understanding with Nxtra Data for the development of renewable energy projects to supply round-the-clock renewable energy power to Nxtra Datacenters on a pan-India basis for captive consumption.
JB Chemicals & Pharmaceuticals has approved the appointment of Aman Mehta as Managing Director effective January 21, 2026, according to Moneycontrol News. Waaree Energies has approved an increase in its equity stake in subsidiary Waaree Transpower from 64.04 percent to 75.10 percent, while also approving ₹3,900 crore capital expenditure for a glass manufacturing plant in wholly owned subsidiary Waaree Green Glass with a capacity of 2,500 TPD. Natco Pharma has approved a scheme of arrangement with Natco Crop Health Sciences with an appointed date of October 1, 2026.
TVS Motor Company has received Board approval for an interim dividend of ₹12 per share, while Bharat Petroleum Corporation has secured a contract for NeuEN Green Energy to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery. In the insurance sector, ICICI Prudential Life Insurance has received an income tax demand of ₹391 crore for AY 2024-25, and New India Assurance Company has received an income tax demand of ₹189.37 crore for AY 2023-24. Notable bulk deals include Rashi Peripherals where ICICI Prudential Mutual Fund sold 8.62 lakh shares at ₹345.09 per share valued at ₹29.78 crore. Waaree Energies shares were trading at ₹3,063.15 on BSE compared to the previous close of ₹3,164.20, with a total of 87,777 shares traded across 8,963 trades during the day, hitting an intraday high of ₹3,110.70.
