HLE Glascoat’s step-down subsidiary -- HLE Surface Technologies GmbH (HST) has received a contract from FLC Portals Group I/S, Denmark for supply of vitreous enamel cladding panels. FLC Portals Group I/S, Denmark has been awarded a contract of setting up a tunnel between the German island of Fehmarn and the Danish island of Lolland. The total size of the contract/ order awarded to HST is valued at around Euro 20.56 million.
GMR Airports has received approval for the Issuance of 1,50,000 5% coupon INR denominated, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds (NCBs) of face value of Rs 1 lakh each, aggregating for an amount of upto Rs 1,500 crore on private placement basis, for a tenure of upto 36 months, for the purpose of re-financing of the existing NCBs of the company aggregating upto Rs 1,500 crore. The Management Committee of the Board of Directors of the Company, at its meeting held on September 07, 2026, has approved the same.
Chalet Hotels has completed execution of Share Purchase Agreement and acquisition of 100% of the Equity Share Capital of Lakeview Mercantile Company, being the owning entity of a land parcel at Bambolim in Goa with potential of a hotel development for around 170 room luxury resort. Consequently, the said entity has become a wholly-owned subsidiary of the Company.
Vishnu Chemicals has entered into a joint venture agreement (JV Agreement) with DCX Chrome SAS (DCX) for setting up a greenfield manufacturing facility at Vishakhapatnam, Andhra Pradesh, India, with a proposed facility of 6,000 tonnes per annum (TPA) of high purity chromium metal. For this purpose, the company and DCX will incorporate a joint venture company in India (JV Company), which will be owned by the Company and DCX in the ratio of 50:50.
GE Vernova T&D India has emerged as the L1 bidder for a project from Power Grid Corporation of India. The project involves design and establishment of 6000 MW, ± 800 kV High Voltage Direct Current (HVDC) LCC Terminal Station (2x3000 MW) for evacuation of renewable power from Barmer II to South Kalamb. The order is to be executed over a period of multiple years.
Axtel Industries (Axtel) and the Foundation for Science, Innovation and Development (FSID), Indian Institute of Science (IISc), Bengaluru have entered into a Technology Transfer agreement for the commercialization, by Axtel on an exclusive basis, of an advanced High-Performance Grinding Technology incorporating a Counter-Rotating Pin Mill and Cryogenic Conveying System. Under this agreement, FSID will also transfer to Axtel the prototype of this system to permit accelerated commercialization by Axtel.
Shreeji Shipping Global has entered into a Time Charter Party Agreement with AMNS Shipping and Logistics for deployment of its vessel ‘MV Sanghi Sudarshan’ for coastal cargo movement along the Indian coastline. MV Sanghi Sudarshan is an approximately 4,400 DWT all-weather coastal vessel with a low draft of approximately 4.5 metres, enabling efficient coastal operations and access to ports and locations having draft limitations. Originally built for carriage of clinker cargo, the vessel has been modified by the Company to meet the specific requirements of its customer for carriage of steel coils, including the requisite strengthening and class certifications. The deployment of the vessel reflects the company’s ability to customise and adapt its assets to meet customer-specific and industry-specific logistics requirements.