Unimech Aerospace and Manufacturing’s wholly owned subsidiary -- Innomech Aerospace Toolings has executed a Long-Term Agreement with Honeywell Aerospace US LLC (Honeywell Aerospace). The agreement represents a significant expansion of Unimech’s aerospace manufacturing portfolio into precision components and assemblies for aero-engine and control system applications, complementing the company’s existing participation in aerostructure components and assemblies. These applications demand stringent precision, robust process controls, rigorous quality assurance and consistent supply reliability.
The Great Eastern Shipping Company (GE Shipping) has contracted to buy a secondhand Very Large Gas Carrier of about 82,000 cbm. The 2015 built vessel is expected to join the Company’s fleet in Q3 FY27. The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. The company’s current owned fleet stands at 40 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.24 mn dwt. The company’s current capacity utilization is close to 100%.
KEC International has secured turnkey orders of Rs 2,872 crore in its Transmission & Distribution (T&D) business for Design, Supply and Installation of 765 kV Transmission Lines from Power Grid Corporation of India (PGCIL).
RailTel Corporation of India has received the Letter of Intent (LoI) from Munitions India (MIL) for setting up DC & DR Center on IaaS platform for Q-Shakti (QA4.0) project for 6 years, extendable by 3 years, to support MIL across 13 locations. The estimated size of order as per LoI is Rs 20.04 crore (Including Tax). The said order is expected to be completed by February 28, 2027.
Loyal Equipments has received a purchase order (PO) from Linde GmbH, Linde Engineering, Pullach, Germany, for the supply of three turbine ducts, along with associated sea-worthy packing and transportation on an FOB Mundra Port basis. The purchase order has a total value of EUR 410,235, exclusive of applicable Taxes.
JK Tyre & Industries has received approval for an investment up to AED 4,00,000 (equivalent to around Rs 1.05 crore) in a Wholly owned subsidiary (WOS) of the Company to be incorporated in Dubai, UAE. The proposed company will be engaged in Automotive Tyres, Tubes, Flaps etc. and other related product/ activities. The Board of Directors of the company, at its meeting held on October 23, 2026, has considered and approved the same.
ESAF Small Finance Bank has successfully completed the migration from its existing Core Banking System to the new Core Banking System, Oracle FLEXCUBE, along with the upgrade and implementation of various business applications, Data centre and other allied applications. The migration marks a significant milestone in the Bank’s ongoing digital transformation programme and is aimed at strengthening its technology architecture, enhancing operational efficiency, system resilience and scalability, improving service capabilities, and further strengthening its risk management and regulatory compliance framework.