Himadri Speciality Chemicals has commenced operations at its first anode material production facility located in Mahistikry, Hooghly, West Bengal, with an initial installed capacity of 200 metric tonnes per annum (MTPA). This facility, which results from over a decade of in-house research and development, encompasses the entire anode technology value chain—from raw material processing to finished anode material. This advancement reinforces the company’s capabilities in advanced battery materials, positioning it to meet the growing global demand driven by the electric vehicle (EV) and energy storage sectors, as noted in its Q4 FY26 results.
Larsen & Toubro (L&T) has established a wholly owned subsidiary called Vyoma.AI, incorporated on April 22. The new entity is aimed at creating data centers and AI infrastructure to provide technology-enabled services. L&T is a leading Indian multinational company involved in technology, engineering, construction, manufacturing, and financial services.
Godawari Power and Ispat’s subsidiary, Godawari New Energy (GNEPL), has signed a Supply Agreement with Shanghai Shenyi Roche Energy Technology, a firm based in the Republic of China. This agreement involves the supply of Balance of System components for a 5 MWh DC Block on a Complete Knockdown (CKD) basis for the first phase of GNEPL’s 20 GWh Battery Energy Storage System (BESS) plant in Sambhajinagar, Maharashtra. The arrangement is designed to establish a consistent and cost-effective supply chain, ensuring quality for GNEPL, and marks a significant milestone toward the manufacturing of BESS.
Birla Corporation has initiated coal mining operations at its Bikram Coal Mine in Burhan, Shahdol, Madhya Pradesh, starting April 23. With an annual production capacity of 9.44 million tonnes of thermal coal, this strategic expansion aims to enhance the company’s position in the thermal coal market.
Gujarat Gas Ltd (GGL) has pledged to stabilize gas supplies to support the revival of Morbi’s ceramic industry, ensuring uninterrupted delivery and price stability amid recent geopolitical challenges. GGL is the authorized supplier of Piped Natural Gas (PNG) in the Morbi area.
The board of Rolex Rings has approved a share buyback proposal worth up to ₹180 crore at a price of ₹180 per share, which will involve the repurchase of 1 crore shares. The company’s promoters have announced they will not participate in the buyback.
Star Cement, a subsidiary of Star Cement North East, has acquired the shareholding of Jaitaran Renewable Power (JRPPL) from its shareholders, making JRPPL a wholly owned subsidiary of Star Cement North East and a step-down subsidiary of Star Cement.
Inventurus Knowledge Solutions, Inc., a US-based subsidiary, has agreed to acquire 100% shareholding in TruBridge Inc. for $565 million.
Published on April 24, 2026.
