Bharat Coking Coal, a subsidiary of Coal India, said that coal mining and dispatch work at the ABOCP Mine under Block-II have been halted by unorganised individuals since April 2. An FIR has been lodged at the Baghmara police station in Jharkhand.
Tata Steel informed the exchanges that it has received a demand notice amounting to Rs 1,755.1 crore from the District Mining Office, Jharkhand, alleging the extraction of approximately 1,62,40,399 MT of coal from the West Bokaro Colliery in excess of permissible limits during FY 2000–01 to FY 2006–07.
Expansion/strategic plans
Control Print Ltd has announced a significant strategic expansion in Northeast India. The company has entered into lease agreements with Assam Industrial Development Corporation Limited (AIDC), a Government of Assam undertaking, with an investment of ₹8.61 crore. The company has acquired land on a 60-year long-term lease, with an option to renew for another 30 years, to establish new manufacturing units aligned with the Uttar Poorva Transformative Industrialisation Scheme (UNNATI) – 2024.
The board of Shree Cement has approved the establishment of a new integrated cement plant in Meghalaya. This project marks a strategic move by Shree Cement to establish a manufacturing footprint in a region where it currently has no existing capacity. Clinker Capacity: 0.95 Million Tonnes Per Annum (mtpa); Cement Capacity: 0.99 mtpa; Total Investment: Approximately ₹1,800 crore; and expected completion by March 2028.
Senores Pharmaceuticals, Inc., a US subsidiary of Senores Pharmaceuticals, has entered into a strategic partnership by executing a formal Operating Agreement, marking its entry into the US government procurement market. The partnership has been formalised through the formation of a joint venture, Amerisyn, LLC.
SPR Auto Technologies Ltd (formerly Shriram Pistons & Rings Ltd) informed the exchanges about a structural change with its German collaborator and a term extension with its Japanese partner. The company’s primary collaborator for piston technology, Kolbenschmidt Pistons Germany GmbH (KS), has undergone an internal organisational restructuring. KS has carved out certain central functions and transferred them to a new entity, Kolbenschmidt Pistons Management GmbH. Assignment of Contracts: Consequently, the existing Licence Agreement between SPR Auto and KS has been assigned to this new management entity. The company has also executed a revised technical collaboration Agreement with Fuji OOZX INC., its partner for engine valve technology.
Stake buy
Emami Limited has signed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda Pvt Ltd for a total consideration of up to Rs 200 crore. In the first tranche of the deal, Emami has acquired an additional 36.7% stake, taking its total shareholding to over 63%. The remaining stake will be acquired in phases over the next three months, subject to regulatory approvals and customary closing conditions.
Marico South East Asia Corporation (MSEA), a subsidiary of Marico Ltd, has completed the acquisition of a 75% stake in Vietnam-based Skinetiq Joint Stock Company, which owns the digital-first skincare brand ‘Candid’ and holds exclusive distribution rights in Vietnam for the brand ‘Murad’.
Premier Energies informed the exchanges that it has completed the second and final tranche of its acquisition in Transcon Ltd, taking its total holding in the latter to 51 per cent. The acquisition reflects Premier Energies’ broader push to strengthen its presence in adjacent business areas. By securing majority ownership, the company positions itself to integrate operations and potentially unlock synergies across its expanded subsidiary network.
Order wins
J Kumar Infraprojects has bagged an order worth ₹1,184 crore for building an international exhibition-cum-convention centre in Lucknow. The project involves the design, engineering, and construction of a convention centre with a capacity of 10,000 people at Vrindavan Yojna, Sector-15, Lucknow, Uttar Pradesh, and will be executed on an EPC basis.
Vikran Engineering has received two major Letters of Award (LoA) aggregating to ₹530.80 crore (excluding GST) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL), a Government of Maharashtra Undertaking, for the Development of Distribution Infrastructure & System Strengthening works across Nashik Zone and Kolhapur Zone in Maharashtra. Both LoAs were issued under the Power Distribution Enhancement Program, funded by the Asian Development Bank (ADB) and awarded through National Competitive Bidding. The Nashik Zone contract is valued at ₹235.63 crore and the Kolhapur Zone contract at ₹295.17 crore, both excluding GST.
Shreeji Shipping Global Ltd has received a Letter of Award (LOA) from Kerwa Coal Ltd as Mine developer & Operator along with lead bid member Nuravi Imports and Exports Private Limited (Nuravi), for 20 years from the date of execution of the Agreement and may be extended for another five years at the sole discretion of KCL, pursuant to the non-fulfilment of obligations by the first (H1) bidder. Shreeji Shipping and Nuravi are in a consortium for joint bidding for the said award, with rights, obligations & profit-sharing ratios of 49% & 51%, respectively. The award has been granted to the company along with the lead bid member as the next eligible bidder in the process (H2).
SRM Contractors Limited has bagged a contract valued at Rs 483 crore from MSIDC (Maharashtra State Infrastructure Development Corporation Limited).
JK Lakshmi Cement Ltd has participated in the e-auction conducted by Madhya Pradesh, wherein the company has been declared as the ‘Preferred Bidder’ for the Mining Lease for Chhipta Limestone Block, Madhya Pradesh.
Triton Valves Ltd has announced a significant strategic win, securing a long-term contract to supply TPMS (Tyre Pressure Monitoring System) Valves. The contract, signed with Aumovio Germany GmbH, marks a major milestone in Triton’s expansion into high-technology sensor-based automotive components. The projected revenue for the first five years is approximately INR 112 crore, with strong potential for growth driven by international commodity prices and business buoyancy. The agreement is a multi-year partnership with a potential period of seven years, focusing on the next generation of software-defined vehicle technology. Aumovio Germany GmbH is an independent automotive technology firm spun off from Continental AG in 2025, specialising in sensor technology.
Banaras Locomotive Works, Varanas, has awarded an order valued at Rs. 91.12 crore (Incl. GST) to Kernex Microsystems (India) Limited for the Supply, Installation, Testing and Commissioning of 112 sets of On-board KAVACH Loco Equipment.
Realty/NBFC
Prestige Estates Projects has announced the launch of Prestige Golden Grove, one of the largest residential developments in Hyderabad, located in the rapidly emerging residential hub of Tellapur. Spread across 28.6 acres, Prestige Golden Grove is a large-scale residential community with a total saleable area of about 10.36 million square feet and an estimated Gross Development Value (GDV) of over ₹9,500 crore. With Prestige Golden Grove, we are building on this momentum through Hyderabad’s largest development in Tellapur that aligns with the evolving aspirations of homebuyers. As always, our focus remains on disciplined execution and delivering quality developments over the lifecycle of the project.”
Capital Trust Limited (CTL), a listed NBFC with a long-standing presence in MSME lending and a branch network of over 250 locations, has announced its strategic entry into the gold loan segment, positioning itself as a new-age challenger in a rapidly expanding market.