Enviro Infra Engineers Ltd has announced a massive expansion of its project portfolio after receiving Letters of Empanelment (LoEs) for two major infrastructure projects in Maharashtra. The combined value of these orders stands at approximately ₹972.19 Crore. The projects, awarded by the Swachh Maharashtra Mission Directorate, are part of the Swachh Bharat Mission (Urban) 2.0. They focus on the development of Sewage Treatment Plants (STP) and extensive sewer networks across 306 Urban Local Bodies (ULBs) with populations under one lakh.

Advance Agrolife Ltd, a prominent player in the agricultural solutions sector, has announced a significant milestone in its growth journey. The company has officially received a Letter of Intent (LOI) from the state-owned National Fertilizers Limited (NFL) for the supply of various agrochemicals across India. The contract, valued at approximately ₹30.38 crore marks a substantial win for the Jaipur-based firm. 

Modern Engineering and Projects Ltd has received Work Order from Tata Steel for the Construction of Priority Bituminous Trunk Road for Neelchal Spat Nigam Ltd expansion Project. The estimated Contract Price under the agreement is Rs. 60 crore net of GST.

Fabtech Technologies Cleanrooms Ltd, a leading provider of integrated cleanroom and HVAC solutions, has announced its business updates for the period ending March, saying that it has secured new consolidated orders totalling ₹9.82 crore. The pharmaceutical sector remained the primary driver of new business: Pharma: ₹7.67 crore; Renewable Energy: ₹2.13 crore; and Others (EV, FMCG, etc.): ₹0.02 crore. From a product perspective, Cleanroom Partitions contributed ₹7.49 crore, while HVAC Systems accounted for ₹2.33 crore of the monthly bookings, it said in a notice to the exchanges. 

Strategic initiatives

NTPC Ltd has announced a significant boost to its operational strength through its subsidiary, THDC India Ltd, which declared the Commercial Operation Date (COD) for the fourth and final unit of the Tehri Pumped Storage Plant (PSP). The 250 MW unit is scheduled to officially commence commercial operations starting from 00:00 Hrs on April 12, 2026. With this commissioning, the entire 1,000 MW (4x250 MW) Tehri PSP project is now fully operational, marking a major win for India’s renewable and balancing power infrastructure.

In a significant move toward urban renewal and financial optimisation, two of India’s public sector giants, Housing and Urban Development Corporation Limited (HUDCO) and NBCC (India) Ltd, have signed two strategic Memorandums of Understanding (MoUs). The partnership aims to combine HUDCO’s financial strength with NBCC’s expertise in project management to revitalise prime real estate and support sustainable development models. The first MoU focuses on the redevelopment of a massive 18,830 sq. mt. leasehold plot located at August Kranti Bhawan, Bhikaji Cama Place, in South Delhi and the second one is to establish a collaborative framework for NBCC’s “self-sustainable model” projects.

Mangalam Industrial Finance Ltd has announced the integration of advanced Artificial Intelligence (AI) technologies across its core operations, marking a significant milestone in its journey towards becoming a future-ready, technology-driven Non-Banking Financial Company (NBFC). The AI-led transformation will enhance key functional areas including credit assessment, fraud detection, loan processing, and customer engagement. By leveraging intelligent algorithms and data-driven insights, the company aims to enable faster decision-making, improve accuracy in risk evaluation, and deliver highly personalised financial solutions to its customers.

Zaggle Prepaid Ocean Services Ltd (Zaggle) has entered into an agreement with Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Ltd). Zaggle would provide Generali Central Insurance Company Limited, Zaggle Zoyer Platform.

TGV Sraac Ltd, a prominent manufacturer of chlor-alkali products and chloromethanes, has officially informed the stock exchange of a significant increase in its production capacities. The expansion covers a wide range of the company’s portfolio, with a particular focus on Potassium Hydroxide and the Chloromethanes (CMS) suite. By increasing its declared capacity, TGV SRAAC is positioning itself to capture a larger share of the industrial chemical market and improve its operational efficiency.

The board of Monarch Surveyors and Engineering Consultants Ltd has approved the execution of a binding agreement for the acquisition of 100% equity share capital of GM & FE Ryan Pty Ltd, Australia, subject to completion of due diligence and regulatory approvals. GM & FE Ryan Pty Ltd operates the business of GMR Engineering Services, an established engineering consulting and land surveying firm based in Victoria, Australia, with over two decades of operating history.

Land deal

AstraZeneca Pharma India is planning to sell its 64-acre manufacturing facility in North Bengaluru, as the UK-based parent company reviews its global supply and manufacturing network. The deal is expected to generate Rs 3,400 crore through sales for the firm. The strategic move forms part of AstraZeneca’s broader effort to optimise assets and streamline global operations, while also unlocking value from high-value real estate holdings.

L&T Realty Properties, subsidiary of Larsen & Toubro , has acquired a 100% stake in International Green Scapes for Rs 1,123 crore in an all-cash deal. The acquisition involves 58.23 lakh shares, giving L&T RPL complete ownership and control of IGSL with development rights in Gurugram, HaryanavThe company said the transaction will enable it to leverage IGSLs land bank to expand and strengthen its real estate development portfolio. IGSL holds licenses for residential development projects, aligning with L&T Realty’s growth strategy.

Everest Industries, a leading provider of building solutions, has announced the completion of the first phase of its land divestment plan in Tamil Nadu. The company successfully executed a Sale Deed on April 10, transferring a significant parcel of excess land to G Square Properties Private Ltd. The total Phase I consideration Received: ₹100.83 crore (including TDS), the company said in a disclosure to the exchanges adding that the overall consideration for the entire land parcel (including the upcoming Phase II) is pegged at ₹133.86 Crore.

Healthcare/Pharma 

Lupin Ltd has launched Dapagliflozin Tablets, 5 mg and 10 mg, in the United States following the approval for its Abbreviated New Drug Application from the U.S. FDA as bio-equivalent to Farxiga for the indications in the approved labelling.

Apollo Hospitals Enterprise Ltd has officially transitioned its subsidiary, Apollo Health and Lifestyle Ltd (AHLL), into a wholly-owned entity. The healthcare giant announced the acquisition of the remaining minority stake from individual shareholders, marking the final step in a consolidation process that began in 2025. Following the previous buyout of institutional stakes held by the International Finance Corporation (IFC) and IFC EAF, Apollo Hospitals has now acquired an additional 775,744 equity shares from existing individual shareholders at Rs 241 a share for Rs 18.69 crore.

Torrent Pharmaceuticals informed the exchanges that drug regulator USFDA inspected its Bileshwarpura oncology manufacturing between April 6 and 10 and issued zero observations. This outcome reinforces the company’s compliance standards and strengthens its position in regulated markets, particularly in the US, it added.

Shalby Ltd, a leading multi-specialty hospital chain, has announced a significant expansion of its clinical services. The company’s Krishna Unit in Ahmedabad, Gujarat, has officially received regulatory approval to perform Kidney Transplants. The license is valid for a period of five years, effective from April 9, 2026. This milestone marks a major step forward for the facility, transitioning it into a specialized center for advanced renal care.

Panacea Biotec Ltd has received a Letter of Award dated April 10 from Central Medical Services Society, Ministry of Health and Family Welfare, Government of India. As per the LOA, the Company will supply Diphtheria and Tetanus Vaccine (Absorbed) for Adults and Adolescents IP in several tranches to CMSS starting from September/October 2026 till November/December 2028 for the value aggregating to Rs 20.79 crore.

Published on April 13, 2026