Arvind SmartSpaces, IRM Energy and Brainbees Solutions to see some action today

Arvind SmartSpaces (ASL) has acquired a new residential high-rise project in Whitefield, Bengaluru with a total estimated saleable area of around 4.6 lakh sq. ft. and a top-line potential of around Rs 550 crore. The project is acquired on an outright basis. This project is located in Nallurahalli area in Whitefield, Bengaluru. This addition follows the acquisition of the ITPL road high-rise project signed in FY25.

IRM Energy (IRMEL) has reached a significant milestone with the commissioning of its 125th Compressed Natural Gas (CNG) station on December 15, 2025, at Banaskantha, Gujarat, India. IRMEL has taken only 282 days to reach from 100th CNG station to 125th CNG station. This achievement reflects the company’s strong commitment to strengthening green energy infrastructure in its authorised geographical areas and driving the transition towards sustainable and eco-friendly transportation solutions.  

Brainbees Solutions’ subsidiary--Swara Baby Products has incorporated a new wholly owned subsidiary namely ‘Swara Corp.’ in the State of Delaware, USA, on December 08, 2025 and accordingly it has become a step-down subsidiary of the Company. Swara Corp. has been incorporated with an objective of trading of Diapers, disposable consumer hygiene products and to carry out allied activities necessary to support the business.

Power Grid Corporation of India (POWERGRID) has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely ‘Inter-Regional Strengthening between SR Grid and ER Grid’ on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent (LoI) has been received by POWERGRID on December 15, 2025. 

Adroit Infotech’s Wholly owned subsidiary -- Verso Altima India has received SAP Partner Edge--Sell authorization, reinforcing its commitment to delivering end-to-end SAP solutions that help enterprises accelerate their digital transformation journeys. With this authorization, Verso Altima India is now enabled to sell SAP solutions directly, offering customers a seamless, single-partner experience covering solution advisory, SAP licensing, implementation, and post-go-live managed services. This milestone further strengthens Verso Altima India’s position as a one-stop SAP transformation partner for organizations across industries. 

Lemon Tree Hotels has signed its latest property -- Lemon Tree Hotel, Bandipur, Nepal. The property shall be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. This signing will further strengthen the company’s presence in Nepal, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience. 

Ion Exchange (India) has been awarded contracts from Rayzon Energy and INOX Solar, respectively, for Ultra-Pure Water system / ETP / ZLD aggregating to approximately Rs 205 crore for Ultrapure water and Waste water treatment project.