GAIL (India) announces cessation of directors

GAIL (India) announces cessation of directors


With effect from 28 March 2026

GAIL (India) that consequent upon completion of tenure of following Non-Official Independent Director(s) on 27 March 2026 appointed by MoP&NG, Government of India, they ceased to be the Director on the Board of the Company w.e.f. 28 March 2026:

1. Akhilesh Jain
2. Sanjay Kashyap
3. Kangabam Inaocha Devi
4. Yajurvendra Anil Mahajan

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First Published: Mar 28 2026 | 10:16 AM IST



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GAIL (India) announces cessation of directors

Thermax arm bags Rs 1,600-cr boiler package order


Thermax announced that its wholly owned subsidiary, Thermax Babcock & Wilcox Energy Solutions (TBWES), has secured an order worth approximately Rs 1,600 crore from Anuppur Powerprojects for a thermal power project.

The contract involves design, engineering, manufacturing, supply, supervision of installation and commissioning, and performance guarantee testing of the boiler package for a 100 MW ultra-supercritical thermal power plant in Anuppur district, Madhya Pradesh.

The order has been awarded by a domestic entity and will be executed in line with project milestones and delivery schedules specified in the contract. The company clarified that the promoter and promoter group have no interest in the awarding entity, and the transaction does not fall under related party transactions.

 

Thermax, a leading energy and environment solutions provider, is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control, and chemicals. Thermax has manufacturing facilities in India, Europe, and Southeast Asia.

The companys consolidated net profit surged 76.16% to Rs 204.18 crore in Q3 FY26, compared with Rs 115.90 crore in Q3 FY25. Revenue from operations grew 4.19% to Rs 2,634.68 crore in the quarter ended 31 December 2025.

Shares of Thermax declined 1.61% to close at Rs 3,192.35 on 27 March 2026.

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GAIL (India) announces cessation of directors

RailTel Corporation bags Rs 444-cr LoI for KSWAN 3.0 project


RailTel Corporation of India announced that it has received a Letter of Intent (LoI) from the Centre for E-Governance for selection as system integrator for the KSWAN 3.0 project.

The order, valued at Rs 444.44 crore (including taxes), pertains to a request for proposal (RFP) for system integration work under the KSWAN 3.0 network. The contract has been awarded by a domestic entity.

The project is scheduled to be executed by 26 March 2031. The company clarified that the promoter, promoter group, and group companies have no interest in the awarding entity, and the contract does not fall under related party transactions.

 

RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways. The companys standalone net profit declined 4.07% to Rs 62.40 crore in Q3 FY26, compared with Rs 65.05 crore in Q3 FY25. However, revenue from operations rose 18.99% YoY to Rs 913.45 crore in Q3 FY26.

Shares of RailTel Corporation of India slipped 3.13% to close at Rs 260.25 on 27 March 2026.

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First Published: Mar 28 2026 | 9:31 AM IST



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GAIL (India) announces cessation of directors

OBSC Perfection standalone net profit rises 78.41% in the December 2025 quarter


Sales rise 70.49% to Rs 59.38 crore

Net profit of OBSC Perfection rose 78.41% to Rs 7.85 crore in the quarter ended December 2025 as against Rs 4.40 crore during the previous quarter ended December 2024. Sales rose 70.49% to Rs 59.38 crore in the quarter ended December 2025 as against Rs 34.83 crore during the previous quarter ended December 2024.

ParticularsQuarter EndedDec. 2025Dec. 2024% Var.Sales59.3834.83 70 OPM %19.3320.07 PBDT11.186.01 86 PBT8.694.93 76 NP7.854.40 78

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First Published: Mar 28 2026 | 9:04 AM IST



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GAIL (India) announces cessation of directors

Birla Transasia Carpets reports standalone net loss of Rs 0.03 crore in the December 2025 quarter


Reported sales nil

Net loss of Birla Transasia Carpets reported to Rs 0.03 crore in the quarter ended December 2025. There were no net profit/loss reported during the previous quarter ended December 2024. There were no Sales reported in the quarter ended December 2025 and during the previous quarter ended December 2024.

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First Published: Mar 28 2026 | 9:04 AM IST



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GAIL (India) announces cessation of directors

Ceigall India arm bags Rs 603-cr NHAI road project


Ceigall India announced that its subsidiary, Ceigall Infra Projects (CIPPL), has secured an order worth Rs 603 crore from the National Highways Authority of India (NHAI) for the construction of a six-lane access-controlled spur road in Punjab.

The project involves development of a 10.3-km stretch from a point on the AmbalaChandigarh section of NH-205A to the Zirakpur Bypass under NH(O) in Punjab. The contract will be executed under the Hybrid Annuity Mode (HAM), the company said.

The project, with a bid value of Rs 603 crore, comprises an 18-month construction phase followed by a 15-year operation and maintenance (O&M) period.

Ramneek Sehgal, Chairman & Managing Director, Ceigall India, said in the statement, “Securing this project reaffirms our position as a trusted partner in India’s highway development and reflects NHAI’s continued trust in Ceigall’s technical capabilities and execution strength. We remain focused on scaling our infrastructure portfolio while consistently delivering high-quality, time-bound projects that improve connectivity and contribute to the nations growth agenda.”

 

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India.

On a consolidated basis, net profit of Ceigall India rose 1.24% to Rs 74.11 crore, while net sales rose 19.34% to Rs 991.14 crore in Q3 December 2025 over Q3 December 2024.

Shares of Ceigall India dropped 2.61% to close at Rs 268.35 on 27 March 2026.

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