Dhruv Consultancy Services, RPP Infra Projects and Railtel Corporation to see some action today

25 May 2026 Evaluate

Dhruv Consultancy Services has received the Letter of Award (LoA) from the office of General Manager (T) Maharashtra National Highway Authority of India (NHAI) and has been appointed as Supervision Consultant (SC) services during Routine Maintenance & Periodic Renewal work of Aurangabad (km290+200) to Karodi (km320+640) and Karodi (km 320+640) to Telwadi (km 375+000) (total length 80.397 km) Section of NH-52 in the State of Maharashtra on Performance Based Maintenance Contract (PBMC) Mode Mode. The duration of the project is 60 months. Broad consideration or size of the order(s)/contract(s) is Rs 5.58 crore excluding taxes.

RPP Infra Projects has received the new work order from State Industries Promotion Corporation of Tamil Nadu for removal of retrieved hard rock materials at SIPCOT Industrial Park, Shoolagiri. The value of work order is Rs 5.13 crore including applicable GST. The contract is to be executed within a period of 12 months from date of handing over the site, subject to terms and conditions as specified in the work order.

Railtel Corporation of India has received the Letter of Intent (LoI) from Newspace India (NSIL) for Supply, Installation, Commissioning, Operation & Maintenance of upgradation of IT Infrastructure for NSIL. The estimated size of order as per LoI is Rs 31.21 crore (Excluding Tax). The said order is expected to be completed by January 31, 2027.

Mukta Arts has received approval for the investment amounting to BHD 1,20,000 in its Bahrain-based subsidiary, Mukta A2 Multiplex W.L.L. The approved funding is specifically designated to be used for the repayment of existing loans and interest. The Board of Directors at its meeting held on May 22, 2026 has inter alia considered and approved the same.

Fabtech Technologies Cleanrooms has received a Purchase Order (PO) from one of the leading manufacturers in the Solar PV Module industry for the supply and installation of Modular Cleanroom Partition Systems, Doors and allied accessories, aggregating to a total contract value of Rs 65.10 crore exclusive of applicable taxes and levies. The order represents a significant milestone for the company and reflects its proven capabilities in the design, manufacture, supply and execution of large-scale cleanroom infrastructure projects. The award underscores the confidence reposed by customers in the company’s technical expertise, project execution capabilities and commitment to quality standards.

IITL Projects is planning to enter into a new line of business in the areas of brokerage services, construction consultancy and project management services, subject to such statutory and regulatory approvals, as may be applicable. The Board of Directors of the Company at their Meeting held on May 22, 2026, has proposed the same.

Gujarat Themis Biosyn has signed definitive agreement for the acquisition of 100% equity shareholding of MicroBiopharm Japan Co., from funds managed or advised by T Capital Partners Co., a Japan based Private Equity Fund. The acquisition will be executed through a wholly owned special purpose vehicle (SPV) to be incorporated in Japan. The transaction is expected to close during Q2FY27, subject to customary approvals and closing formalities.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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