Jindal Stainless, ACME Solar Holdings and TVS Motor Company to see some action today

Jindal Stainless has acquired an additional equity stake in a special purpose vehicle formed in collaboration with Ampin C&I, to develop a 40 MW solar group captive renewable energy project for meeting the power requirements of the company’s plant(s). The project is expected to produce around 61.73 million units annually for captive consumption of the company. Moreover, power procurement from this plant is in alignment with the company’s commitment to power future growth through renewable sources of energy and reach net zero carbon emissions by 2050.

ACME Solar Holdings’ wholly owned subsidiary -- ACME Marigold Urja has executed a Power Purchase Agreement (PPA) with NTPC for a Firm and dispatchable Renewable Energy (FDRE) power project for a contract capacity of 400 MW under NTPC’s FDRE Tranche 01.

TVS Motor Company has reported 50.16% jump in its consolidated net profit at Rs 1,194.51 crore for the quarter ended September 30, 2026 as compared to Rs 795.48 crore for the same quarter in the previous year. The total income of the company increased by 39.43% at Rs 19,572.43 crore for Q2FY27 as compared to Rs 14,037.22 crore for the corresponding quarter previous year.   

Dodla Dairy has received approval for the proposal to establish a Joint Venture company in India in collaboration with Meadow India Holdings (MIHL), with a proposed equity participation of 40% by the company and 60% by Meadow India Holdings (MIHL), respectively, for undertaking the business of marketing and selling high quality dairy ingredients to the business-to-business (B2B) market in India, subject to the execution of the Joint Venture Agreement, completion of necessary formalities and receipt of applicable regulatory and statutory approvals, if any. The Board of Directors of the Company at its meeting held on October 28, 2026, inter-alia, considered and approved the same. 

EPACK Prefab Technologies has commenced commercial production of Pre-Engineered Buildings (PEB) structures and PUF panels at its manufacturing facility situated at RIICO Industrial Area, Ghiloth, Tehsil Neemrana, District Kotputli-Behror, Rajasthan (the Ghiloth Facility) with effect from October 28, 2026. The Rajasthan State Pollution Control Board has granted its Consent to Operate for the Ghiloth Facility on October 28, 2026. With the commencement of commercial production at the Ghiloth Facility, the installed capacity of the Company stands enhanced.

eClerx Services has received approval for acquisition of approximately 2% equity shareholding in Personiv Eclipse Inc., USA, a step-down subsidiary of the Company, from eClerx LLC, a wholly owned subsidiary of the Company. Post acquisition, the Company will hold approximately 2% equity shareholding in Personiv Eclipse Inc. directly and approximately 98% through eClerx LLC, with no change in the Company’s aggregate ownership. The Board of Directors of the Company at its meeting held on October 28, 2026, inter-alia, considered and approved the same.

Fortis Healthcare (FHL) has acquired Suguna Hospital in Bengaluru from inter alia Suguna Ramaiah Hospitals by way of a slump sale. The said acquisition has been undertaken by FHL’s wholly-owned subsidiary International Hospital (IHL) with the transaction being consummated October 28, 2026. As part of the transaction, IHL would acquire the entire business operations of Suguna Hospital, along with the underlying hospital land and building. The transaction, structured as an all-cash deal is in line with the company’s cluster-focused inorganic growth strategy and further bolsters Fortis’ network in the city of Bengaluru.