Gulshan Polyols has received an additional allocation of a quantity of 20,740 kilolitres of ethanol, for supply to Oil Marketing Companies (OMCs) for Q4 of Ethanol Supply Year (ESY 2025-26), in Assam and Madhya Pradesh, of an estimated order value of around ₹146.66 crore.
Bharti Airtel informed the exchanges that Sunil Bharti Mittal will step down as Non-Executive Chairman of Airtel Payments Bank on October 1, 2026, after serving since April 2016. Independent Director Shabnam Sinha will succeed him for a three-year term following RBI approval.
GMR Airports’ subsidiary GMR Visakhapatnam International Airport has commenced operations at Alluri Sitarama Raju International Airport, marking a notable development for the group’s airport portfolio.
Netweb Technologies India has launched its qualified institutional placement issue with a floor price of ₹4,885.90 per equity share. The company may offer a discount of up to 5 per cent on the floor price, with the final price to be determined in consultation with book-running lead managers.
SPR Auto Technologies Ltd (formerly Shriram Pistons & Rings Ltd) has also launched a Qualified Institutional Placement (QIP) for ₹1,000 crore, at an indicative price range of ₹4,216.30–₹4,436.60 per share.
Resilient Asset Management B.V. plans to sell up to 4.98 per cent of its shareholding in One 97 Communications (that owns Paytm) via a block trade, representing roughly half of its approximately 10.20 per cent total stake. The floor price for the sale has been fixed at ₹1,535.10 per share, representing a discount of about 2.9 per cent to the NSE closing price of ₹1,580.20 as on August 17, 2026. The transaction has a base offer size of 19.2 million shares (3 per cent stake) valued at approximately ₹2,949 crore, with an option to upsize by another 12.7 million shares (1.98 per cent stake) worth around ₹1,946 crore.
CG Power and Industrial Solutions Ltd has announced that its wholly owned subsidiary Axiro Semiconductor Private Ltd has entered into a Securities Purchase Agreement to acquire 100 per cent of Tosil Systems Pvt Ltd. The transaction is valued at ₹16.44 crore and involves the purchase of 5 lakh equity shares of Tosil.
Lenskart has set up a step-down subsidiary Wenzhou Framekart Trade Co Ltd in China that will be engaged in the business of trading, importing, exporting and procuring spectacle frames as well as other optical products, the company said in a regulatory filing on Monday. The step-down subsidiary has been set up under Lenskart’s Chinese joint venture Baofeng Framekart Technology (BFT).
Reliance Jio plans to relaunch its 10-year-old Prime membership plan, which will assure customers of no tariff or plan change for the next year, company sources said on Monday. It may be recalled that Bharti Airtel last week removed lower-priced unlimited plans. Jio is also set to enhance benefits under a ₹299 plan, offering 1.5 GB of data per day, in an attempt to capitalise on the recent discontinuation of unlimited plans offering 1.5 GB of data per day by rival Bharti Airtel.
Gujarat Cotex Ltd on Monday announced plans to diversify its business operations into edible oils and infrastructure by setting up two new business divisions – Prabhat Oils and Prabhat Infratech. The move is part of the company’s broader strategy to explore new revenue streams, build additional long-term business platforms, and enhance stakeholder value, according to a regulatory filing.
Nelco, a Tata Group satellite communication service provider, has announced a partnership and an investment of $20 million (approximately ₹191.2 crore) in US-based Lunar Holdco, Inc., which operates as Elveo Mobile. The investment is aimed at bringing next-generation Direct-to-Device (D2D) and Internet of Things (IoT) satellite connectivity to India and South Asian markets, the company said. Under the agreement, Nelco will subscribe to Compulsorily Convertible Debentures (CCDs) of the Delaware-headquartered Lunar Holdco. The CCDs carry a 7 per cent annual compounded return, convertible into equity shares of the US firm based on specified conversion events.
Manipal Health Enterprises Ltd has signed an agreement to acquire the entire operations and assets of Kinder Women’s Hospital and Fertility Centre in Bengaluru for ₹130 crore. The agreement is structured as a Business Transfer Agreement (BTA) in which Manipal Health is buying the hospital business itself, including its operations and assets, instead of purchasing shares of the owning company. The seller is Kindorama Healthcare Private Ltd, which currently owns Kinder Women’s Hospital and Fertility Centre. The acquisition is to be funded entirely through cash consideration.
Highway Infrastructure Ltd announced it has received a Letter of Acceptance (LOA) of ₹80,16,99,930 from the National Highways Authority of India (NHAI) for operations at the Palayam Fee Plaza in Tamil Nadu. The LOA involves the operation and collection of user fees at the plaza, upkeep of adjacent toilet blocks, and is for a period of 90 days. The company confirmed that neither the promoter nor promoter group companies have any interest in NHAI, and the contract does not constitute a related party transaction.
