The board of has approved a Scheme of Arrangement involving Sapphire Foods India Ltd. Pursuant to the Scheme, with effect from the Appointed Date (defined in the Scheme as opening hours of April 1, 2026), Sapphire Foods will amalgamate with Devyani International. Upon the Scheme becoming effective and in consideration of the amalgamation, Devyani International will issue and allot 177 shares for every 100 shares of Sapphire.
has transferred its seven Renewable Energy Assets to NLC India Renewables Ltd, its wholly owned subsidiary. The transfer was effected on January 1, in accordance with the Business Transfer Agreement executed between the Company and NIRL on October 31.
Vodafone Idea (VIL) has received a GST penalty order of about Rs 638 crore from the Office of the Additional Commissioner, Central Goods and Services Tax, Ahmedabad. In a statutory filing, Vodafone Idea said it disagrees with the order and will take legal action. The filing comes just a day after the debt-laden telco received major relief on its Adjusted Gross Revenue dues, with the Union Cabinet on Wednesday deciding to freeze its dues, grant a 5-year payment moratorium, and allow the telco’s capped AGR dues to be reassessed.
Eternal (formerly known as Zomato) Founder and CEO Deepinder Goyal on Thursday said that Zomato and Blinkit delivered more than 75 lakh orders on New Year’s Eve, an all-time high. He said that the platforms remained unaffected by calls for a strike. He added that this happened without any additional incentives for delivery partners beyond the usual higher incentives given during New Year’s Eve, which were no different from those in past New Year’s Eves.
Bharat Electronics Limited (BEL) has secured additional orders worth Rs. 569 crore since the last disclosure on December 29. Major orders received include communication equipment, medical electronics, instant fire detection & suppression system, upgrades, spares, services, etc.
Ingegene informed the exchanges that step down subsidiaries, Indegene Aptilon Services, Inc., and Trilogy Writing & Consulting Inc. (formerly known as Trilogy Writing and Consulting ULC (Canada), both entities being 100 per cent held by Indegene, Inc. US (a wholly owned subsidiary of Indegene Ltd) amalgamated on January 1, 2026, to form Indegene Healthcare Canada Inc.
Achyut Healthcare has achieved a significant corporate milestone by receiving approval from BSE Limited to migrate its equity shares from the BSE SME platform to the BSE Main Board Platform. This development marks an important step in the company’s evolution and provides enhanced market access for investors, it said in an exchange notification.
Trident Lifeline has acquired an additional 9.04 per cent stake in Trident Mediquip, marking a significant strategic investment in the medical equipment sector. The transaction was completed for approximately ₹4.42 crore, reflecting the company’s commitment to expanding its healthcare portfolio, it said in a notice to the exchanges.
Ahmedabad Steel Craft Ltd has been awarded two contracts aggregating to ₹59.27 crore (approx.) by Jharkhand Urja Sancharan Nigam Ltd (JUSNL), Ranchi.
K2 Infragen Ltd., an NSE Emerge-listed engineering and core infrastructure company, has announced receipt of an LOA for a ₹262 crore Project from Indian Railways, through its Joint Venture, in which K2 Infragen is the lead and majority partner. The work shall be pertaining to “Design, Supply, Erection, Testing & Commissioning of 2x25kV AC 220/132/55kV Traction Substation, Sectioning Posts (SPs), Sub-Sectioning Posts (SSPs) and SCADA over LUNI (Incl.) – Bhildi (Excl.) Double Line Section of Jodhpur, North Western Railway.
Railtel Corporation has received the Letter of Acceptance (LoA) from Assam Health Infrastructure Development & Management Society (Ahidms). The estimated size of the order as per LoA is ₹56.71 crore.
Olectra Greentech has commenced Commercial Operation Date (COD) for its Greenfield Electric Vehicle (EV) Manufacturing Facility at Seetharampur, Hyderabad, Telangana, with an annual per-shift production capacity of 2,500 buses. This declaration has been communicated to the State Bank of India. This Phase-I capacity achievement of 2,500 buses Per Annum represents 50% of the planned per shift annual capacity of 5,000 buses Per Annum.
Modis Navnirman Ltd, one of Mumbai’s fastest-growing real estate developers in the redevelopment segment, has announced its appointment as the developer for the redevelopment of BOI Staff Sheetal Co-operative Housing Society Ltd., located at Ramnagar, S.V. Road, Borivali (West), Mumbai – 400 092. The redevelopment project spans approximately 3924.91 Sq. Mtrs of plot area and is estimated to have a Gross Development Value (GDV) of approximately Rs. 250 crore.
Britannia Industries has received an order from the Office of the Principal Commissioner of CGST & Central Excise, Chennai North Commissionerate, Tamil Nadu. According to the disclosure, the order covers six financial years from FY 2018–19 to FY 2023–24 and alleges incorrect availment of input tax credit. The tax demanded amounts to RS 108.50 crore, along with an equivalent penalty, in addition to applicable interest.