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Ceigall India, Adani Power and Radiant Cash Management Services to see some action today

12 Feb 2026 Evaluate

Ceigall India’s wholly owned subsidiary--Ceigall Infra Projects has received Letter of Award (LOA) from National Highways Authority of India for Construction of 4 laning of Sahebganj Areraj Bettiah of NH 139W (Total length 78.942 km) in the State of Bihar on Hybrid Annuity Mode comprising (i) Section-1: Sahebganj to Areraj (38.362 km) and (ii) Section-2: Areraj to Bettiah (40.580 km). Bid project cost is Rs 2,160 crore. 

Adani Power has incorporated a Wholly Owned Subsidiary (WOS), namely, Adani Atomic Energy (AAEL) to generate, transmit, and distribute electric power derived from nuclear and/or atomic energy. The Certificate of Incorporation issued by the Central Registration Centre, Registrar of Companies, has been received by the Company on February 11, 2026. 

Radiant Cash Management Services has received the Letter of Intent (LoI) from IDBI Bank for dedicated secured cash van business, cash delivery & pick-up (CDP) Services in seven zones. The contract shall be for a period of three years commencing from April 1, 2026 to March 31, 2029. Broad consideration or size of order(s)/contract(s) is about Rs 35 crore (including renewal of existing business amounting about Rs 15 crore). 

Pace Digitek has received a Letter of Award (LoA) from Karnataka Renewable Energy Development (KREDL), a Government of Karnataka Undertaking, for the development of a renewable energy project at Pavagada Solar Park. 

Choice International has acquired 51% equity shares at Rs 192.15 for a total consideration of Rs 9.99 crore in Fintoo Wealth. The acquisition is in line with the company’s strategy to strengthen its presence in the technology-driven investment advisory and wealth management segment. Fintoo Wealth’s AI-based digital advisory platform which complements the company’s existing financial services business and is expected to enhance digital capabilities, expand customer reach, and create cross-selling synergies. The business is aligned with the company’s core financial services operations.

Bajaj Steel Industries has secured an order from a customer for Design, Engineering, Manufacturing and supply of Main LT Panels. Broad commercial consideration or size of the order(s)/contract(s) is approximately Rs 35 crore Inclusive of Taxes. 

Kernex Microsystems has secured order worth Rs 411.17 crore (incl. of GST) for Supply, Installation, Testing and Commissioning of 505 no's of On-board KAVACH Loco Equipment. The company has secured order from Banaras Locomotive Works. The order is to be executed within 12 months from the date of purchase order.

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