by Hansraj Agrawal | Mar 28, 2026 | Share Market
Last Updated : Mar 28 2026 | 10:50 AM IST
Sammaan Capital announced that all regulatory approvals have now been received with respect to the proposed acquisition of controlling stake in Sammaan Capital by Avenir Investment RSC (Investor), which is owned and controlled by International Holding Company PJSC (proposed transaction). The Company and the Investor are now engaged to conclude the proposed transaction at the earliest.
Pursuant to the proposed transaction, the Investor proposes to invest an aggregate amount of approximately Rs 8,849.99 crore by way of the preferential issue. Upon completion of the preferential issue, the Investor shall hold approximately 41.2% of the paid-up equity share capital of the Company. Further, upon completion of the preferential issue and the open offer, and assuming full uptake in the open offer, the Investor shall hold approximately 63.3% of the paid-up equity share capital of the Company.
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First Published: Mar 28 2026 | 10:50 AM IST
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by Hansraj Agrawal | Mar 28, 2026 | Share Market
Last Updated : Mar 28 2026 | 10:31 AM IST
Atishay has secured a Letter of Award from the Directorate of Census Operations (DCO), Madhya Pradesh (Authority) for the Procurement of Enumerators’ and Supervisor’s Kits, for DCO Madhya Pradesh, for the first phase i.e. House Listing Operations (HLO) of Census 2027.
The total contract value of the said work order is Rs 5.49 crore inclusive of applicable GST. The order is to be executed and completed within a period of 25 days from the date of the Letter of Award, in accordance with the terms and conditions specified therein.
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First Published: Mar 28 2026 | 10:31 AM IST
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by Hansraj Agrawal | Mar 28, 2026 | Share Market
Last Updated : Mar 28 2026 | 10:16 AM IST
Thermax Babcock & Wilcox Energy Solutions (TBWES), a wholly owned subsidiary of Thermax, has secured a boiler package supply order valued at approximately Rs. 1,600 crore from a leading thermal power projects company in Central India for a 1×800 MW ultra supercritical thermal power plant.
The scope of work includes manufacturing, supply, supervision of installation and commissioning, as well as performance testing of the boiler package. Execution will be aligned with project milestones and delivery schedules as defined in the contract.
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First Published: Mar 28 2026 | 10:16 AM IST
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by Hansraj Agrawal | Mar 28, 2026 | Share Market
Last Updated : Mar 28 2026 | 10:16 AM IST
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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by Hansraj Agrawal | Mar 28, 2026 | Share Market
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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by Hansraj Agrawal | Mar 28, 2026 | Share Market
Last Updated : Mar 28 2026 | 9:31 AM IST
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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