MoneyWorks4Me

Kolte-Patil Developers, Swan Defence and Chalet Hotels to see some action today

06 Aug 2026 Evaluate

Kolte-Patil Developers has added six society redevelopment projects across prime locations in the Mumbai Metropolitan Region (MMR), with a combined estimated GDV of Rs 6,000 crore. This represents the company's largest annual business development addition in MMR to date, thus reaffirming MMR as a priority market. Strategically located across Santacruz West, Andheri West (Lokhandwala), Oshiwara, Versova, Ghatkopar East and Vashi, the projects are situated in well-established residential micro-markets that continue to witness growing demand driven by robust infrastructure, strong connectivity and limited availability of developable land.

Swan Defence and Heavy Industries (SDHI) has secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs. Deliveries for the order are scheduled to commence in early 2028. The contract follows an extensive competitive evaluation of leading global shipyards. The high-specification vessels will be constructed to Bureau Veritas class.

Chalet Hotels is planning to add two new hotel developments to its pipeline. Set to operate under its own brand, ATHIVA, these properties will add 150 keys in Hyderabad and 231 keys in Pune. The additions not only consolidate Chalet’s presence in two of India's most critical commercial hubs but also accelerate ATHIVA’s journey to becoming a prominent Pan-India premium lifestyle hospitality brand. The projects shall be leased from SPVs of Mindspace Business Parks REIT ('Mindspace REIT') under a long-term lease arrangement. The Hyderabad hotel involves the repurposing of an existing building owned by an SPV of Mindspace REIT. As regards the Pune hotel, Mindspace REIT will develop the building structure on a grey shell basis, while Chalet will undertake the balance scope including interior fit-outs.

Waaree Renewable Technologies has bagged turnkey Contract from Solaris Horizon Energy (SHEPL) for the execution of Engineering, Procurement and Construction (EPC) works for 210MWp (150MWac) grid connected Ground Mount Solar Project. The project is scheduled to be completed during the financial year 2027-28, as per the terms of the order. 

Bikaji Foods International has received approval for incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, United Arab Emirates by name ‘Bikaji Foods International UAE’. The Proposed Company shall be incorporated to strengthen and optimize its international supply chain operations, particularly in the Middle East region, which constitutes a significant market for the company's products.

Sterlite Technologies (STL) has received an order from Leading telecom infrastructure company for supply agreement for high density optical fiber cable. The order is valued at approximately $210 million and is expected to be completed in calendar years 2027-2029. 

Axis Solutions has received an order for implementation of various rural water supply projects comprising of tube well, Rising main, Overhead tanks, boundary wall, Pump house, distribution pipe networks, individual house connections, public stand posts, complete in all respect etc. of Rural Water Supply projects from M/s NKG Primus JV. Total size of the order is Rs 400 crore. 

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