
My Wealth Train
May 28, 2025 at 01:36 PM
EVENING BULLETIN 🚦
*Date:* 28-May-2025
---
📍 *ORDER WINS / CONTRACTS*
*SEPC:* Secures ₹75.5 crore UAE contract from Lauren Engineers for tank construction.
*APOLLO MICRO:* Wins ₹114 crore export order for advanced avionics systems.
*ENVIRO INFRA:* Awarded ₹127 crore EPC projects for STP and WTP in Punjab and Odisha.
*B.R. GOYAL INFRASTRUCTURE:* Bags ₹91.7 crore NHAI toll management contract in Gujarat.
*CONTINENTAL PETROLEUMS:* Wins ₹32.6 crore EPC contract from JVVNL under RDSS.
*RELIANCE POWER:* Wins 350 MW solar + 175 MW BESS project from SJVN.
---
📍 *ACQUISITIONS / STAKE INCREASES*
*PENINSULA LAND:* Invests ₹22.65 crore in Terranest Agri-Infratech LLP.
*MAN INFRACONSTRUCTION:* Acquires 25% additional stake in MICL TIGERTAIL LLC for \$1 million.
*CHATHA FOODS:* Allots ₹6.93 crore shares to retain 70% stake in Allana CF Foods Pvt Ltd.
---
📍 *STAKE REDUCTIONS / FII CHANGES*
*MAHINDRA HOLIDAYS:* HDFC Mutual Fund reduces stake from 5.93% to 5.13%.
*TILAKNAGAR INDUSTRIES:* Lotus Family Trust cuts stake from 6.14% to 5.66%.
---
📍 *FUNDRAISING / INVESTMENT*
*ATHER ENERGY:* Raises \$100 million from Caladium Capital.
*EID PARRY:* Approves ₹350 crore investment in Parry Sugars Refinery.
*VIBHOR STEEL:* Announces ₹60 crore capex to expand Odisha plant capacity.
---
📍 *LEADERSHIP CHANGES*
*INDIGO:* Vikram Singh Mehta appointed Chairman, replacing V.S. Sumantran.
---
📍 *IPO UPDATES*
*HERO FINCORP:* ₹3,668 crore IPO nears SEBI approval.
*VIKRAMSOLAR:* ₹1,500 crore IPO nears SEBI approval.
---
📍 *NEW PROJECTS / EXPANSIONS*
*L\&T:* Expands defence sector business including nuclear projects.
*SCHAEFFLER INDIA:* Opens fifth plant in Tamil Nadu.
*ACME SOLAR:* Commissions 26.4 MW phase in Gujarat wind project.
*LUMAX AUTO:* Subsidiary opens two new plants in Pune with ₹64 crore investment.
*ALLCARGO TERMINALS:* Leases 30 acres in Chennai for CFS/ICD expansion.
*NAVNEET EDUCATION:* Incorporates new US subsidiary “Brick N Click Inc”.
*AUROBINDO PHARMA:* Incorporates CuraTeQ Biologics B.V. in Netherlands.
---
📍 *COLLABORATIONS / MOUs*
*JUPITER WAGONS:* Signs MoU with Pickkup to deploy 300 e-LCVs.
*LTIMINDTREE:* Forms JV with Aramco Digital for IT services in Saudi Arabia.
---
📍 *USFDA / MEDICAL APPROVALS*
*ZYDUS LIFE:* Gets USFDA Fast Track status for ALS drug Usnoflast.
---
📍 *APP LAUNCHES / TECH PRODUCTS*
*VANTAGE KNOWLEDGE:* Launches ‘VantagePro’ learning app.
*QUICK HEAL:* Launches freemium AntiFraud.AI app.
*INFOSYS:* Launches Agentic AI Foundry under Topaz™.
---
📍 *NEW PRODUCTS / LAUNCHES*
*BASF INDIA:* Launches Valexio® insecticide and Mibelya® fungicide.
---
📍 *CREDIT RATINGS*
*PRISM JOHNSON:* IND A+ rating affirmed with Positive outlook.
---
📍 *TAX / REGULATORY ORDERS*
*SHREE CEMENT:* Receives ₹589 crore income tax demand for FY22.
---
📍 *SUSTAINABILITY / CLEAN ENERGY*
*ORGANIC RECYCLING SYSTEMS:* Begins pilot biomethanation plant with SSS-NIBE in Solapur.
*COAL INDIA:* Wins graphite & vanadium block under critical mineral auction.
*OIL INDIA:* Wins Potash block in Rajasthan.
*HINDUSTAN ZINC:* Wins two critical mineral blocks including Potash/Halite/REE.
*THOMAS COOK:* 2025 report highlights eco-travel trends.
---
📍 *AVIATION / AIRLINE INITIATIVES*
*INDIGO (1):* Becomes first to start flights from Navi Mumbai International Airport.
*INDIGO (2):* Launches 18 daily flights connecting over 15 cities.
---
📍 *QUARTERLY RESULTS / BUSINESS UPDATES*
*DYNAMATIC TECH:* Q4 update highlights aerospace growth and hydraulic restructuring.
---
📍 *POWER & COMMODITIES MARKET*
*IEX:* Power prices fall to zero due to lower demand from cooler weather.
👍
1