Archive · 30 Dec 2025
Key Indian Stocks Updates: Waaree, BEL, Lupin, and More
On December 29, 2025, several Indian companies announced important updates.
Waaree Energies said their CEO will resign and a new CEO-Designate was named.
They also opened a big new solar inverter factory.
Bharat Electronics Ltd got new orders worth ₹569 crore for things like radars and communication systems.
Lupin Ltd made a deal with a Chinese company to sell a new diabetes and obesity medicine.
RVNL won a project to build a workshop for ₹201.23 crore.
Indian Overseas Bank got permission to open a new bank in Gujarat.
Afcons Infrastructure finished a tunnel project early.
Lloyds Engineering Works is merging with other companies to become bigger.
Timex Group's owner is selling more shares.
A fertilizer company's CEO quit.
Grasim Industries is moving some of its renewable energy business to another company.
These updates help people understand what's happening with these companies.
Waaree Energies announced CEO resignation and new CEO-Designate; commissioned 3.05 GW solar inverter facility.
Bharat Electronics Ltd secured additional orders worth ₹569 crore for defence and non-defence products.
Lupin Ltd signed agreement with Gan & Lee Pharmaceuticals for bofanglutide to expand diabetes and obesity portfolio.
RVNL emerged as lowest bidder for ₹201.23 crore East Coast Railway project.
Indian Overseas Bank received RBI approval to set up IFSC Banking Unit at GIFT City, Gujarat.
- Who
- Various Indian companies including Waaree Energies, Bharat Electronics Ltd, Lupin Ltd, RVNL, Indian Overseas Bank, Afcons Infrastructure, Lloyds Engineering Works, Timex Group India, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, and Grasim Industries
- What
- Significant updates and developments in these companies
- When
- December 29, 2025
- Where
- India
- Why
- To inform investors and stakeholders about key developments in these companies
- Waaree Energies
- CEO Amit Paithankar to resign; Jignesh Rathod named CEO-Designate. Subsidiary Waaree Power commissioned 3.05 GW solar inverter facility in Gujarat.
- Bharat Electronics Ltd (BEL)
- Bagged additional orders worth ₹569 crore for defence and non-defence products, including radars and communication systems.
- Lupin Ltd
- Signed agreement with Gan & Lee Pharmaceuticals for bofanglutide, a GLP-1 agonist, to expand diabetes and obesity portfolio.
- RVNL
- Emerged as lowest bidder for ₹201.23 crore East Coast Railway project to set up a 200-wagon POH workshop at Kantabanji.
- Indian Overseas Bank (IOB)
- Received RBI approval to set up an IFSC Banking Unit at GIFT City, Gujarat.
- Afcons Infrastructure
- Achieved first tunnel breakthrough under CIDCO’s Hetawane Water Supply Scheme in Navi Mumbai, six months ahead of schedule.
- Lloyds Engineering Works
- Board approved merger with Lloyds Infrastructure, Metalfab Hightech, and Techno Industries to consolidate group businesses.
- Timex Group India
- Promoter exercised oversubscription option in ongoing OFS of equity shares.
- Gujarat Narmada Valley Fertilizers & Chemicals Ltd
- T Natarajan resigned as Managing Director.
- Grasim Industries
- Board approved transfer of Essel Mining’s renewable energy business to Aditya Birla Renewables on a slump sale basis.
Sources
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