Archive · 28 Sep 2025
Key Corporate Updates: Acquisitions, Contracts, and Investments
Several Indian companies announced key updates.
Alkem Labs is moving part of its business.
Azad Engineering secured a big contract.
Oil India discovered natural gas.
Shriram Finance made an investment, and Lemon Tree Hotels has new leaders.
Jindal Steel increased its production capacity.
PG Electroplast is building a new plant.
Brigade Enterprises sold land, and Chambal Fertilisers received a significant penalty.
These announcements reflect various corporate activities and strategic moves.
Alkem Labs transferred its trade generics business to a subsidiary.
Azad Engineering secured a $73.47 million contract with Mitsubishi Heavy Industries.
Oil India discovered natural gas in its exploratory well.
Shriram Finance invested ₹300.05 crore in Shriram Overseas.
Lemon Tree Hotels announced key leadership changes.
Jindal Steel commissioned a new blast furnace.
PG Electroplast acquired land in Andhra Pradesh for a new plant.
Brigade Enterprises sold land to its subsidiary.
Chambal Fertilisers received a penalty order.
- Who
- Alkem Labs, Azad Engineering, Oil India, Shriram Finance, Lemon Tree Hotels, Jindal Steel Ltd, PG Electroplast, Brigade Enterprises, Chambal Fertilisers
- What
- Announcements of business deals, acquisitions, investments, leadership changes, and penalties
- When
- Various effective dates, most immediately or in the near future
- Where
- India
- Why
- Various strategic business decisions and regulatory actions
- Alkem Labs
- Transfers trade generics business to subsidiary by Oct 1, 2025
- Azad Engineering
- Secures $73.47 mn contract with Mitsubishi for turbine airfoils
- Oil India
- Discovered natural gas in Andaman Shallow Offshore Block
- Shriram Finance
- Invested ₹300.05 crore in subsidiary via rights issue
- Lemon Tree Hotels
- Announced leadership changes effective October 1
- Jindal Steel Ltd
- Commissioned 5 MTPA blast furnace in Odisha
- PG Electroplast
- Acquires 50-acre site in Andhra Pradesh for ₹1,000 crore
- Brigade Enterprises
- Sold land in Telangana to subsidiary for ₹110.14 crore
- Chambal Fertilisers
- Received order for ₹527 crore penalty
Sources
Weekly Market Review & Top Stocks In Focus For The Week Ended 26th Sep’25
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