Mahindra Lifespace Developers, HCL Technologies and Sona BLW Precision to see some action today

23 Jul 2026 Evaluate

Mahindra Lifespace Developers (MLDL), through its joint venture company, Mahindra Industrial Park Chennai (MIPCL), has executed a Second Supplemental Agreement between Sumitomo Corporation, Japan and Mahindra World City Developers (MWCDL). This agreement is for the expansion of Origins by Mahindra in Chennai with the development of Phase 2B. Mahindra Lifespaces and Sumitomo Corporation entered into a partnership in 2015 for Phase 1 of Origins by Mahindra in Chennai. The partnership further strengthened with the expansion into Phase 2A in 2024 and has now extended to Phase 2B in July 2026. The agreement further sets out the framework for the acquisition, transfer and development of around 95 acres of land under Phase 2B. This will further strengthen the industrial ecosystem at Origins by Mahindra.

HCL Technologies has been selected by TIM Brasil, the 5G leader in the country, to enable South America’s first cross-platform eSIM transfer capability. The digital innovation will enhance mobile telephony experience for millions of users across Brazil by giving them greater flexibility in how they use and switch devices and accelerating the adoption of next-generation mobile services across the region.

Sona BLW Precision Forgings (Sona Comstar) has signed definitive agreements with DENSO Corporation, Japan (DENSO), to establish two joint ventures to develop, design, manufacture and market advanced electric and hybrid powertrain systems across multiple vehicle segments. DENSO, a global leader in automotive technology and Sona Comstar, India’s leading innovator in EV components are joining forces. The two companies have decided to come together with a common vision: to revolutionize the electric mobility landscape by delivering world class electric powertrains that set new benchmarks in performance, quality, reliability and sustainability.

Saatvik Green Energy’s material subsidiary -- Saatvik Solar Industries has received and accepted an order aggregating to Rs 138 crore from one renowned Independent Power producer/EPC Player for the supply of Solar PV Modules. The order will be executed by December 2026.

Jeena Sikho Lifecare is planning to establish a new Ayurvedic, Naturopathy and Panchkarma Hospital facility at Kalyani, District Nadia, West Bengal, as part of the company's expansion strategy. Spanning an estimated operational area of around 13,000 square feet, the upcoming hospital will house a capacity of over 60 beds. The company aims to officially commence operational activities at this facility by October 2026.

Veerhealth Care has secured a prestigious contract manufacturing order for skincare products for a value of Rs 76.40 lakh from one of the leading FMCG Company. Under this agreement, the company will manufacture products which would be launched under a new MRP structure specifically designed for brand promotion and market expanstion.

INDO SMC has received Purchase Order from one of the prominent Indian engineering company for supply of VFD Panel. The order size worth Rs 6660 lakh (excluding applicable taxes). The said order is expected to be completed on or before July 31, 2026.

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