The stock of Vedanta will go ex-date for the proposed demerger. That means investors or traders who wish to be eligible for the proposed demerger need to buy the stock today. Eligible shareholders will receive one share each of Vedanta Aluminium Metal Ltd., Talwandi Sabo Power Ltd. (which will be renamed Vedanta Power Ltd.), Malco Energy Ltd. (which will be renamed Vedanta Oil & Gas Ltd.), and Vedanta Iron and Steel Ltd., for every share they hold as on the record date. Those buying shares of Vedanta on Thursday will not be eligible to avail the demerger benefits.

The Sterile Product Division (SPD) facility of OneSource Specialty Pharma Ltd, Bengaluru has received an EU GMP Certificate of Compliance of a Manufacturer from the competent German authority, the State Office for Occupational Safety, Social Affairs and Health of Schleswig-Holstein, Germany. The certificate covers sterile products, including aseptically prepared small volume liquids, secondary packing and quality control testing.

Wanbury’s Patalganga site has completed MFDS (Ministry of Food and Drug Safety - Korea FDA) Regulatory Inspection successfully. The inspection was completed with no observation (Zero Observation), confirming cGMP compliance as per international rules. MFDS is part of PIC (Pharmaceutical Inspection Co-operation Scheme). The company is strengthening infrastructure by adding a new state-of-the-art manufacturing block at its Andhra Pradesh site for new APIs which are under validation and commercialisation.

Solara Active Pharma Sciences informed the exchanges that its Ibuprofen manufacturing facility in Puducherry has successfully completed an unannounced inspection conducted by the US Food and Drug Administration (US FDA) between February 2 and 6. The US FDA has issued an Establishment Inspection Report (EIR), classifying the facility as Voluntary Action Indicated (VAI), and has concluded the inspection as closed.

Rail Vikas Nigam Ltd has received LOA from NMDC Limited for “Construction of Residential Campus for Senior & Board Level Executives at Banjara Hills, Hyderabad (Phase-II).” The order size is ₹39.21 crore including GST at 18 per cent.

Adroit Infotech has won a major order worth ₹23 crore from PT Supra Primatama Nusantara for SAP BRIM-Managed Services. This project involves functional and technical support for the SAP BRIM application and comprehensive onsite/offshore support for one year.

EIE Renewables Private Ltd, a wholly owned subsidiary of Enviro Infra Engineers, has entered into a Share Purchase Agreement on Tuesday to acquire Suyog Urja Limited for ₹311 crore. The acquisition involves immediate purchase of 51 per cent equity stake initially while the remaining 49 per cent will be acquired in 27 months, by July 31, 2028. Suyog Urja, incorporated in 2008, operates in the renewable energy sector with a turnover of ₹171.99 crore and net worth of ₹30.34 crore as on 31.03.2025, specialising in wind and solar energy projects across multiple states.

Bharat Heavy Electricals Ltd (BHEL) has entered into a Licensing Agreement for Transfer of Technology (LAToT) with Naval Science and Technological Laboratory (NSTL), a constituent laboratory of the Defence Research and Development Organisation (DRDO), for Gas Turbine Infrared Suppression System (GT-IRSS) meant for naval vessels. The agreement enables BHEL to undertake fabrication, installation and commissioning of the LM2500 Gas Turbine Infrared Suppression System, which has been indigenously designed and developed by NSTL-DRDO. The pact is domestic in nature and focuses on strengthening indigenous capabilities in defence manufacturing.

Peak XV Partners Investments IV has exited MobiKwik via secondary market bulk deal. It sold 62.15 lakh shares (7.89 per cent stake) for ₹133.01 crore at ₹214.01 a share. Among the buyers were Hong Kong-based hedge fund Viridian Asia Opportunities Master Fund (13.2 lakh shares or 1.67 per cent stake), Societe Generale (6.6 lakh shares or 0.83 per cent stake) and Mathew Cyriac-owned Elimath Advisors (30 lakh shares or 3.81 per cent stake).

Published on April 29, 2026