Cupid Breweries and Distilleries has entered into a non-binding Memorandum of Understanding (MoU) for technology and business collaboration relating to manufacturing processes, product quality and operational scalability, in connection with the company’s commencement of commercial operations. These activities are within the applicable regulatory framework with all applicable food safety & excise laws / regulations / measures.
Welspun Corp has secured the largest single order in its history valued at around $1.8 billion (around Rs 17,200 crore) for the supply of pipes from its manufacturing facility in the United States of America. This record-breaking order is the single largest ever awarded to the company and marks a defining milestone in its global growth trajectory, reaffirming its leadership position as a trusted, large-scale partner to the global energy and infrastructure sector. The order will be executed between FY 2028 & FY 2029.
Millworks Technologies has bagged confirmed orders aggregating to approximately Rs 53.74 crore, further strengthening its business momentum for the FY27. With this, the company’s total confirmed order book has increased to Rs 121.88 crore, providing strong revenue visibility for the upcoming period. The newly secured projects are primarily from the aerospace, railway and defence sectors, underscoring the Company’s strong execution capabilities and continued client trust.
Rane (Madras) (RML) has successfully completed the acquisition of the Friction Business of Hindustan Composites (HCL). The Business Transfer Agreement was signed on June 30, 2026 and was subject to customary regulatory approvals and other closing conditions. With the conditions having been fulfilled, the transaction has now been successfully completed. HCL's Friction Business will be integrated into RML's Brake Components Business. The acquisition strengthens RML's established leadership in the friction business.
Sanathan Textiles has commenced commercial production from its expanded Technical Textiles yarn manufacturing capacity at its Silvassa facility. The expansion doubles the Company's Technical Textiles yarn capacity from 9,000 MTPA to 18,000 MTPA and takes total installed capacity across all three yarn verticals for both locations (Silvassa and Punjab) to 488,250 MTPA. Commercial production has commenced in line with the timeline communicated earlier in the Company's intimation dated July 23, 2026.
Diamond Power Infrastructure has commissioned a dedicated copper wire drawing and copper cable manufacturing line at its integrated manufacturing complex at Vadadala, Savli, Vadodara, Gujarat. Commercial production at the line has commenced. The line has an installed capacity of 1,500 MT of copper cables per month and is built for cables used in applications with high power intensity--principally data centers and power plants, along with other heavy industrial installations where very high currents must be carried within constrained cable routes.
TPL Plastech, through its wholly owned subsidiary, has commenced operations for manufacturing of Intermediate Bulk Containers (IBCs) at Bhuj, Gujarat. The facility has an installed capacity of approximately 1,50,000 IBCs per annum with a projected additional revenue of approximately Rs 100 crore and is strategically located to strengthen the company’s manufacturing and service network in Gujarat, with a particular focus on customers in Bhuj, Kutch and the surrounding industrial regions. In addition to IBCs, this unit manufactures industrial plastic drums (200 ltr and above capacity), enabling the company to offer a broader range of industrial packaging solutions to customers in the region.