Market Digest

HFCL Limited entered into a three-year long-term supply agreement with a global multinational corporation for the supply of high-fibre-count Optical Fiber Cables (OFC), valued at approximately USD 244 million (₹2,329 crore).

Texmaco Rail receives Letter of Award for USD 135 Million (~INR 1,123.5 Cr) for design, manufacture, supply and commission of 4,500 HP Diesel-Electric Locomotives from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd.

EMS Limited has been awarded L-1 status by the Directorate of Local Bodies, Government of Rajasthan for sewerage work with an estimated order value of Rs 218.65 crore.

Western Carriers (India) Limited secured the 15-year development and operations contract for the General Cargo Terminal at Kolkata Dock System, with an initial civil infrastructure investment of ₹13.68 crore.

The company was awarded two onshore contract areas (KG/ONDSF/KG ONLAND/2025 in the Krishna Godavari basin and CB/ONDSF/CAMBAY ONLAND/2025 in the Cambay basin) under the Discovered Small Field (DSF) Bid Round-IV by the Directorate General of Hydrocarbons (DGH), subject to execution of Revenue Sharing Contracts.

Indo Tech Transformers receives an order from Waaree Renewable Technologies Limited for supply of 5 power transformers valued at INR 55 crore plus taxes, to be delivered between January and April 2027.

Centum Electronics secured an export order from a Global OEM customer for the design, development, and delivery of electronic systems, valued at USD 3.22 million (approximately ₹27.1 crore), to be executed over the next 7 months.

Texmaco Rail received an order from Transport Corporation of India Limited for the manufacture, supply, and commissioning of 1 ACT-1 & BVCM wagon worth Rs. 24.48 crore (incl. taxes).

Launch of a new Food Emulsifier & Agro Division (agri-sourcing, agro chemicals, and processing vertical) targeting expected revenue of ₹1,200 Cr, representing a significant entry into a new business line.

Renaissance Global's step-down subsidiary Renaissance Jewellery Middle East FZCO acquires an initial 20% stake in Naman Trading FZC (annual revenue run rate Rs. 190-200 Cr) for USD 220,000 per share, providing RGL entry into the Middle East branded jewellery market.

Tata Motors' indirect wholly-owned subsidiary TML CV Holdings B.V. has obtained all prior regulatory authorisations required for its voluntary totalitarian tender offer for all common shares of Iveco Group N.V., with the offer document to be published upon Consob review.

Gabriel India acquires 28.99% stake in HL Mando Anand India Private Limited from promoter Asia Investments via preferential allotment of 1.44 crore shares and cash consideration, with valuation clarified to be based on FY26 audited financials and no change in exchange ratio or terms.

India Glycols demerged into three entities (India Glycols, IGL Spirits, Ennature Bio Pharma) effective September 1, 2026, with shareholders receiving shares in the new entities.

Thomas Cook (India) Limited received a 'no adverse observations' observation letter from BSE Limited for its Composite Scheme of Arrangement involving the demerger of TC Visa Services, Sterling Holiday Resorts, Jardin Travel Solutions, and Borderless Travel Services into Thomas Cook (India) Limited.

Sudarshan Chemical sold 100% stake in VP4 Frankfurt GmbH to Celanese US Holdings LLC for EUR 76.5 million (~INR 670.2 Cr), contributing 1.64% to consolidated revenue and 6.71% to standalone revenue.

Company completed acquisition of 100% equity of Owen Springs Limited for £2 million (approx. INR 200 crore).

Capri Global Capital Limited uploaded a preliminary supplemental offering circular for its USD 1 billion (approx. INR 8,270 Cr) Global Medium Term Note Programme on India INX and NSE IFSC.

The company received in-principle approval from BSE for a preferential issue of 4,24,647 equity shares at ₹2,341 per share, raising approximately ₹99.4 crore.

Board to consider issuance of 206.7 crore unlisted 2% Non-Convertible Preference Shares (NCPS) on a preferential basis, subject to member approval.

Cholamandalam Investment and Finance Company Ltd allotted 2,000 unsecured listed rated redeemable perpetual NCDs worth Rs 2,000 crore on 1 Sep 2026 via private placement on NSE EBP at an 8.97% coupon rate.

Cholamandalam Investment and Finance Company Limited allotted 2,000 unsecured perpetual non-convertible securities (NCDs) via private placement to the NSE Wholesale Debt Market segment, raising INR 2,000 crore at an 8.97% coupon rate with a perpetual tenure and a call option on September 2, 2036.

Kesar India Limited allotted 12,85,713 equity shares at ₹350 each (total ₹45 crore) to non-promoters upon conversion of fully convertible warrants.

TVS Motor redeemed 190,03,48,456 bonus 6% cumulative non-convertible redeemable preference shares (NCRPS) at Rs. 10 per share, paying a total redemption amount of Rs. 1,900.35 crore along with a coupon payment of Rs. 114.02 crore on 1 September 2026, extinguishing the instrument.

UltraTech Cement's Wires & Cables plant at Bharuch, Gujarat has commenced commercial production with an installed capacity of 1,098,000 KM for house wires and light duty cables.

Adani Green Energy's wholly-owned subsidiary AGE26AL operationalized a 139 MW solar power project at Khavda, Gujarat, bringing AGEL's total operational renewable capacity to 20,280.80 MW and BESS to 3,551 MWh.

DCM Shriram commissioned its Aluminium Extrusion Plant at Kota on 1 September 2026, marking commencement of commercial production for a new business line.

Juniper Green Energy's wholly owned subsidiary commissioned 12.40 MW of wind power capacity, bringing the project's operational capacity to 177.6 MWp and ~201 MWh BESS out of a total planned 232.4 MWp and ~201 MWh BESS, with the group's aggregate operational capacity now at ~2,588 MWp and ~500 MWh BESS.

United Breweries Limited is commissioning a new canning line at its Ellora Brewery with an investment of ₹110 crore, expected to become operational in September 2026.

Eicher Motors Limited has informed the Exchange regarding Monthly Business Updates for the month of August 2026.

TVS Motor Company Ltd. released its monthly business update for August 2026, providing operational metrics for the month.

Ashok Leyland Limited released its monthly business update for August 2026, providing operational metrics for the month.

Escorts Kubota Limited released its monthly business update for August 2026, providing operational metrics for the month.

Force Motors Ltd released its monthly business update for August 2026, providing operational metrics for the month.

Ashiana Housing reported monthly performance for August 2026, with no specific financial or capacity figures provided in the announcement.

Atul Auto Limited reported its monthly business updates for August 2026, providing routine operational data for the three-wheeler manufacturer.

Maruti Suzuki India reported August 2026 sales figures, providing routine monthly operational volume data.