Bharat Forge: The company signed a contract worth Rs 1,662 crore with the defence ministry to supply 2.6 lakh indigenously developed CQB carbines to the Indian army.
Powergrid: Secured 150 MW/300 MWH Battery Energy Storage Project in Andhra Pradesh.
Privi Speciality Chemicals: Promoters likely to sell 24.7 lakh shares or 6.32% of equity, with an upsizing option. The base deal size is Rs 700 crore. The price band is Rs 2,835–2,850 per share; 11.1% discount to the last close.
Titan: Sandhya Venugopal Sharma, IAS, has been appointed as Chairperson and Additional Director on Titan’s Board, effective Jan. 4 2026.
The New India Assurance: Mumbai Tax Body drops tax demand of Rs 2,188 crore. The company received total show cause notice demand of Rs 2,298 crore of which Rs 2,188 crore was dropped & demand of Rs 110.1 crore was confirmed.
Torrent Pharma: The board is to meet on Jan 5 to consider fundraising.
Lupin: Netherlands arm Nanomi BV to buy 100% stake in Nanomi BV by Feb 28, 2026. The company had earlier notified us that the acquisition will be completed by the end of 2025.
Interglobe Aviation: The company received Rs 458 crore penalty order from Delhi GST body for Fiscal 2019- Fiscal 2023. The company will contest the order, and the said order does not have any significant impact on financials, operations or other activities of the company.
Orient Tech: The company fixed Jan. 5 as a record date for issue of bonus shares.
Cochin Shipyard: Govt approved to extend the tenure of Madhu Sankunny Nair as Chairman & MD till Jan. 31, 2026.
Muthoot Finance: Arm Muthoot Money allotted 3.3 lakh shares to the company to raise funds worth Rs 500 crore via rights issue.