Cipla, Lemon Tree Hotels and Blue Cloud Softech Solutions to see some action today

22 Jul 2025 Evaluate

Cipla has signed definitive agreements for investment in Optionally Convertible Preference Shares of iCaltech Innovations, subject to completion of certain conditions. iCaltech is engaged in the design, development, and commercialisation of diagnostic medical equipment and apparatus, with a core focus on respiratory care. Strategic partnerships remain central to Cipla’s innovation engine, as the company continues to expand its digital, devices and diagnostics offerings and build on its legacy of lung leadership.

Lemon Tree Hotels has opened new property -- Keys Lite by Lemon Tree Hotels, Banswara. This managed hotel is the 11th property of the group in Rajasthan. The efficient and affordable hotel features 54 well-appointed rooms, Keys Cafe - a multi-cuisine restaurant, a fitness centre along with expansive banquet spaces and conference facilities.

Blue Cloud Softech Solutions (BCSSL) has installed its patented Bioster Air & Surface Steriliser System, with a successful deployment of 30 units (30000 sq. ft.) across the cafeteria and dining facilities of N-Heights Corporate Towers, Hyderabad. This marks a significant milestone in redefining workplace hygiene through intelligent, science-backed sterilisation. The contract for this deployment is valued at Rs 54 lakh, spanning a period of five years, underscoring both the strategic importance and long-term commitment to enhanced workplace safety and hygiene at N-Heights Corporate Towers.

Afcons Infrastructure has been declared the Lowest Bidder (L1) for by M/s HZ INFRASTRUKTURA d.o.o. (HZ Infrastructure) for rehabilitation & construction of a Railway line in the Republic of Croatia. Completion period of contract is 72 months. Estimated value of the contract excluding taxes (VAT) is EUR 677,071,899.78 (Equivalent to Rs 6,800 crore).

YOGI has received Purchase Orders from Companion Vinimay Trading for the supply and delivery of the various industrial components. These includes Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tool Changer & Additional Axis and Accessories. Order Value is about Rs 46.21 crore.

Life Insurance Corporation of India has increased its shareholding in equity shares of State Bank of India (SBI) from 81,46,59,869 to 87,58,59,380 i.e., 9.21% to 9.49% of the paid-up capital of SBI. Total cost of acquisition is Rs 500 crore at issue price of Rs 817 per equity share.

Arisinfra Solutions has been appointed as a major partner for Transcon Group’s ongoing projects in Mumbai. Under this long-term agreement, Arisinfra will deliver integrated materials and services valued at around Rs 340 crore across Transcon’s residential and commercial developments, offering strong revenue visibility over the next 3-4 years. The scope includes end-to-end supply of Ready-Mix Concrete (RMC), Steel, Cement, Chemicals, Plumbing, Electrical, and Finishing Products.

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