MoneyWorks4Me

L.T. Elevator, Rajesh Power Services and TCC Concept to see some action today

05 Aug 2026 Evaluate

L.T. Elevator has executed a Share Purchase Agreement (SPA) for the acquisition of DYPC Inc. (Dongyang PC Inc.), Seoul, South Korea--a globally recognised manufacturer of automated mechanical car parking systems with over two decades of operational history and deployments across the USA, UK, Mexico, Thailand, Iran, Uruguay, Egypt, Canada and other markets. This acquisition marks a significant step in L.T. Elevator's strategic transition from a domestic elevator and car parking contractor into a global automated parking technology company. 

Rajesh Power Services has secured new orders worth Rs 362.83 crore (Incl. taxes) from Paschim Gujarat Vij Company (PGVCL), a government of Gujarat undertaking. These turnkey projects pertain to Conversion of Existing 11kV High Tension (HT) Line and Low Tension (LT) Line network into Under Ground Cable Network with Ring Main System with GIS mapping and asset tagging at Jamnagar circle of Gujarat.

TCC Concept’s wholly owned subsidiary -- NES Data has entered into a Memorandum of Understanding (MoU) for the acquisition of a strategically located land parcel at Rajiv Gandhi Infotech Park, Hinjewadi, Pune, for the development of a next-generation Data Centre Campus with a planned IT Load Capacity of up to 60 MW, subject to completion of due diligence, execution of definitive agreements and receipt of customary statutory and regulatory approvals.

Veefin Solutions has raised Rs 20 crore through the allotment of 2,00,000 unrated, unlisted, secured, redeemable non-convertible debentures (NCDs) having a face value of Rs 1,000 each on a private placement basis to the identified investors. The Board of the Company through resolution passed by way of circulation on August 4, 2026 has accorded its approval for allotment of the same.

B.R.Goyal Infrastructure has received a work order from Sneh Developers, SPV of Micro Mitti Group for the Civil and Structural Work - Building & External Development for proposed CyberCity Project located at Indore. The total contract value of the said work order is Rs 81.74 crore.

HealthCare Global Enterprises’ subsidiary -- HCG Manavata Oncology LLP (LLP) has entered into an agreement to acquire 26% equity stake in Epic Vighnaharta Renewable Energy (EVRE) through subscription of equity shares for an aggregate consideration of Rs 38 lakh. Following the completion of the acquisition, the LLP will hold a 26% stake in EVRE, on a fully diluted basis, and consequently, the Company will have an indirect interest of up to 26% in EVRE.

Ceinsys Tech has received Letter of Intent from Bhandara Municipal Council, Bhandara, Maharashtra for Supply, Installation and Commissioning of Consumer Domestic Ultrasonic / Electromagnetic AMR Water Meter Under Amrut-2.0 for a total value of the work to be executed amounting to Rs 16.91 crore. The said order is expected to be completed in 12 months.

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