HDFC Bank Ltd has announced the immediate resignation of Atanu Chakraborty as part-time Chairman and Independent Director on March 18. Chakraborty cited personal reasons in his resignation letter. The Board expressed appreciation for his contributions. The Reserve Bank of India (RBI) approved Keki Mistry as interim part-time Chairman effective March 19 for three months.
Belrise Industries Ltd announced that its step-down wholly owned subsidiary, Belrise UK Holdings Ltd, has signed a definitive Share Purchase Agreement to acquire 100 per cent of the issued share capital of Chester Hall Precision Engineering Holdings Ltd — a United Kingdom-based precision engineering group serving the global aerospace, space and defense sectors. Chester Hall is a specialist in machining aerostructures, aero-engine components, and satellite parts, with deep relationships across marquee global aerospace customers.
Nazara Technologies UK Ltd, a wholly owned subsidiary of Nazara Technologies Ltd, has signed definitive agreements to acquire a 50 per cent controlling stake in Bluetile Games SL (formerly known as Playvalve SL) and BestPlay Systems SL for a consideration of $100.3 million (₹918 crore). Bluetile operates a diversified portfolio of globally popular casual, social mobile games including titles such as Yatzy, Domino Legends, Mahjong Voyage and Spade Stars. The platform has achieved global scale with nearly 375 million downloads and 22 million monthly active users across 17 live games.
Manappuram Finance Ltd has announced that its subsidiaries, namely Asirvad Micro Finance Limited and Manappuram Home Finance Limited, have received the requisite approvals from the Reserve Bank of India (RBI) for indirect change in control and management of the respective companies pursuant to the acquisition of control and shareholding in the company by affiliates of Bain Capital, namely BC Asia Investments XXV Limited and BC Asia Investments XIV Limited (“Bain Capital”). With this, the company and its subsidiaries are now in receipt of all requisite statutory approvals for Bain Capital’s proposed investment of approximately ₹4,385 crore in the company and acquisition of joint control with the existing promoters.
United Breweries Ltd has received Environmental Clearance (EC) under the EIA (Environmental Impact Assessment) Notification, 2006 from the State Environment Impact Assessment Authority (SEIAA) (Ministry of Environment, Forest and Climate Change), Uttar Pradesh, Government of India, for the proposed Greenfield Brewery with a capacity of 1.3 million hectolitres per annum at the Brewery Project located at Unnao, subject to conditions.
Mazagon Dock Shipbuilders Limited (MDL) has entered into a contract with Shipping Corporation of India Ltd (SCI) for the construction and sale of one 3000 DWT Methane Dual Fuel Platform Supply Vessel (PSV). The contract value is approximately $39 million. The vessel will be constructed and delivered as per the mutually agreed contractual schedule between the parties.
Simplex Castings Ltd has announced receipt of a prestigious ₹13.02 crore order from Thyssenkrupp Group, a renowned global leader in coke plant technologies and engineering solutions. The order includes supply of 80 sets each of Zero-Leakage Coke Oven Doors and High-Grade Pusher Side Doors, along with 10 sets of mechanical plungers and helical springs for pusher side doors.
BEML Ltd has received a Letter of Intent for design, manufacture, supply, testing, and commissioning of standard gauge metro rolling stock for the African region. The order comprises stainless-steel standard gauge metro rolling stock valued at approximately $60 million.
Zydus Lifesciences Ltd, an innovation-led global life-sciences company, and Torrent Pharmaceuticals Ltd, a specialty-focused global pharmaceutical company, have entered into a Licensing and Supply Agreement to co-market Semaglutide Injection in the Indian market. Under the terms of the agreement, Zydus will manufacture and supply the product, while Torrent Pharma has received semi-exclusive rights to co-market the product in India under its own brand name SEMBOLIC, leveraging its strong presence in chronic therapies and extensive field force across the country.
The Board of Godavari Drugs Ltd has considered and approved the allotment of 23,60,065 convertible warrants at ₹89 each, aggregating ₹21 crore on preferential basis to the promoters of the company pursuant to the In-Principle Approval granted by the BSE Limited. The company has received 25 per cent of the warrant amount, i.e. ₹5.25 crore. The Board also approved the allotment of 25,96,935 equity shares for ₹23.11 crore on preferential basis to the promoters and non-promoters of the company pursuant to the In-Principle Approval.
Veerhealth Care has received an order from one of India’s Fast Moving Consumer Goods (FMCG) companies for personal care products for an accepted value of ₹5.49 crore (excluding GST). This new order represents a significant opportunity for the company and additional growth in turnover is anticipated.
SoftTech Engineers Ltd, a Pune-based pioneer in AECO (Architecture, Engineering, Construction & Operations) technology and e-governance solutions, has announced the inauguration of two transformative digital platforms developed by the Housing & Urban Development Department, J&K — powered by SoftTech’s CivitPERMIT (AutoDCR) technology.
GR Infraprojects Ltd has emerged as L-1 bidder for a National Highways Authority of India project in Bihar on Hybrid Annuity Mode. The contract price is ₹2,440.87 crore.
Solarium Green Energy Ltd has commissioned its solar module manufacturing facility with an installed capacity of 1 GW (1000 MW) in Ahmedabad, Gujarat. This milestone marks the successful implementation of the company’s backward integration strategy, announced in June 2025. The facility has been established with fully automated, latest-generation manufacturing machinery at an estimated capex of approximately ₹90 crore (excluding working capital).
Mobavenue AI Tech Ltd, formerly Lucent Technologies, has appointed Vijay Basantani as Group Chief Financial Officer (CFO). In this role, Vijay will lead the company’s financial strategy, capital planning, and governance initiatives as Mobavenue AI continues to scale its AI-native platforms and expand its digital ecosystem to drive stronger, measurable business outcomes.
Ahluwalia Contracts (India) Ltd has secured an order from the Airport Authority of India for development of a new Greenfield Airport at Bundi, Kota, Rajasthan. The order size is ₹393.04 crore (excluding GST).
CWD has received a purchase order valued at ₹45.24 crore for the supply of communication products.
Published on March 19, 2026