The Offer for Sale (OFS) to divest up to a 5% stake in Bharat Heavy Electricals Limited (BHEL) by the Government opens today for non-retail (institutional investors). Under the OFS, the government will sell an initial 3% stake (base issue), with an option to sell an additional 2% stake in the event of oversubscription. The floor price for the OFS has been fixed at Rs 254 a share. Retail investors’ book opens on Thursday.
According to media buzz, the National Investment and Infrastructure Fund (NIIF) is likely to sell up to a 1.92 per cent stake in electric two-wheeler maker. Ather Energy through a block deal at around Rs 705.7-727.55 per share. T
Tata Motors‘The Indonesian arm has secured its largest-ever order in the country, signing an agreement to supply 70,000 commercial vehicles to support agricultural and rural logistics across Indonesia, a statement said. PT Tata Motors Distribusi Indonesia, a wholly owned indirect subsidiary of Tata Motors, will supply 35,000 units each of the Tata Yodha pick-up and the Ultra T.7 truck. The vehicles will be deployed by PT Agrinas Pangan Nusantara, an Indonesian state-owned enterprise tasked with modernizing agricultural supply chains and strengthening food security.
Solarfusion Renewables Pvt. Ltd, wholly owned subsidiary of Yash Trading & Finance Limitedhas announced a significant expansion into strategic solar power project development in partnership with Vasuki Cement Private Limited. The solar power project will be implemented through two Special Purpose Vehicles (SPVs) with a total project size of Rs. 36.30 crores.
Dharani Sugars and Chemicals Ltd informed the exchanges that it has received a legal notice from National Asset Reconstruction Company Limited (NARCL) through its authorized representative, India Debt Resolution Company Limited (IDRCL). for multiple non-compliances under the Master Restructuring Agreement (MRA). Among them included, Non-allotment of fully paid-up equity shares aggregating to 20% of total paid-up equity share capital in favor of NARCL as required under Clause 4(c) of the MRA, Failure to create, fund, and maintain a Debt Service Reserve Account of INR 15 crores within 18 months from the Cut-off Date, failure to constitute and operationalise the Monitoring Committee as required under Clause 11(i) of the MRA, Non-arrangement of requisite additional corpus for payment of farmers’ dues and Incurrence of additional indebtedness of approximately INR 25 crores without prior written consent from NARCL.
Alok Industries Limited has received a penalty order of Rs. 49.86 lakh from the Assistant Commissioner, CGST & Central Excise, Daman, dated February 10, 2026, for alleged incorrect availment of input tax credit. The company plans to file an appeal against the order and has confirmed that while there is a financial impact equivalent to the penalty amount, there is no impact on its operations or other business activities.
The Board of Sarvottam Finvest has approved the appointment of Ankit Somaani as the new Chief Financial Officer, with immediate effect, following the resignation of incumbent Suraj Bhowmick. He has resigned due to personal reasons.
Regaal Resources has received an adjudication order from ROC Kolkata, imposing penalties of Rs 25 lakh for filing violations related to the Return of Allotment without a proper valuation report. The company said it will not have a material impact on financial operations.
Aditya Birla Capital Ltd and L&T Finance Ltd. have entered the MSCI Global Standard Index as part of MSCI’s February 2026 review. On the other hand, IRCTC has been removed, and MSCI announced the revisions early Wednesday. Meanwhile, AU Small Finance Bank will see its weight in the index increase due to a float adjustment, MSCI said. The changes will come into effect on Feb. 27. Following the rejig, India’s weight in the MSCI Standard Index remains unchanged at 14.1%. The number of Indian companies in the index will increase by one, rising from 164 to 165.
Published on February 11, 2026