According to the market buzz, the promoter of Whirlpool of India Ltd plans to sell 95 lakh shares (7.5% stake) via block deals at a floor price of ₹1,030 per share, totalling around ₹965 crore, with a 90-day post-sale lock-up.
Atlanta Electricals has received two orders from Gujarat Energy Transmission Corporation worth ₹297.71 crore. The orders comprise supply of 25 transformers that includes 21 220/66 KV, 160 MVA Power Transformers, three 66/11.55 KV, 20 MVA Power Transformers and one 220/132 KV, 150 MVA Auto Transformer. With over 30 years of industry experience, Atlanta Electricals continues to support India’s power infrastructure needs and maintain its reputation for quality and innovation.
M&B Engineering has informed the exchanges that it has secured, through its wholly-owned subsidiary Phenix Construction Technologies Inc, US, an export order worth ₹37.5 million (₹67.12 crore) for design, manufacturing and supply of pre-engineered building/ structural steel to its customer in the US. The company cannot disclose the name of the customer on account of confidentiality.
Wipro Ltd has announced a partnership with the Centre for Brain Research (CBR) at the Indian Institute of Science (IISc) to develop AI-driven technologies aimed at improving health behaviours and managing long-term health disorders. This collaboration will leverage artificial intelligence (AI), machine learning (ML), and big data analytics to provide precision support for health and wellbeing on a population scale.
LG Balakrishnan & Bros has signed a non-binding Memorandum of Understanding with the Tamil Nadu Government through its Nodal Agency “Guidance”. Under the MoU, Guidance will extend support and facilitation in the form of infrastructural support and regulatory facilitation, subject to applicable laws.
Berger Paints Emirates Ltd Co (L.L.C), UAE, a step-down subsidiary of Asian Paints International Private Ltd, Singapore, a wholly-owned subsidiary of Asian Paints, proposes to set up its second paint manufacturing facility in the UAE with an investment of AED 140 million (approximately ₹340 crore), having an initial capacity of 55,800 KL per annum. The facility will be spread across 100,000 sqm within Khalifa Economic Zones Abu Dhabi, Abu Dhabi, UAE.
Mahindra & Mahindra has launched the BE 6 Formula E Edition, a special electric SUV inspired by motorsport, bringing Formula E racing design and performance to Indian streets. Priced at ₹23.69 lakh for the FE2 variant and ₹24.49 lakh for FE3, bookings start from January 14, 2026.
Ambuja Cements has received an order under Section 73 of the CGST/SGST Act 2017 from the Assistant Commissioner, Patna whereby a penalty of ₹22.07 lakh has been levied for the shortfall/non-payment of GST & claiming excess ITC. The company is taking appropriate steps to appeal against the above order imposing the demand before the appropriate authority
Sellwin Traders on Wednesday said it has entered into a strategic association with Patel Container India and formalised a share-swap agreement for 36 per cent investment in a container manufacturing project in Gujarat. The move follows an earlier Memorandum of Understanding signed last year, under which both companies agreed to explore collaboration for the development of PCIPL’s container manufacturing facility, an exchange filing said.
Visa Steel Ltd on Wednesday said its board-level committee has approved the allotment of five crore fully convertible warrants on a preferential basis to promoter group entity VISA Industries Ltd for a total consideration of Rs 200 crore. The warrants have been priced at Rs 40 each, with the company receiving 25 per cent upfront, amounting to Rs 50 crore, the company informed the exchanges.
International Conveyors Ltd has acquired the equity shares of Ganesha Ecosphere for ₹11.28 crore. The company said it is for investment purpose.
Canara Bank has informed the exchanges that Reserve Bank of India has imposed a monetary penalty of ₹4,35,550 on it for Shortage of Notes, Mutilated Notes in Currency Chest Balance and other deficiencies observed/ found during the inspection conducted from October 29 to 31.
The board NACL Industries will meet on December 1 to consider and evaluate a proposal for raising funds, including by way of a rights issue, preferential allotment, qualified institutional placement or any other permissible mode and or combination thereof, through the issuance of equity shares, equity-linked securities, warrants, and for any other eligible securities.
Published on November 27, 2025
