MANUFACTURING Neogen Chemicals Raises ₹600 Cr Through QIP At A Premium From QIBs

Neogen Chemicals Ltd has raised ₹600 crore through a qualified institutional placement (QIP), issuing 26.61 lakh equity shares to eligible qualified institutional buyers (QIBs). The shares were allotted at ₹2,255 each, including a premium of ₹2,245 per share. The issue price was higher than the floor price of ₹2,189.73. Paid-up capital rises to ₹30 crore […]

CW Bureau · Sep 17, 2026

MANUFACTURING Uno Minda Board Approves ₹1,415 Cr Investment For New Plants In 4 Sites

Uno Minda Ltd has approved Detailed Project Reports for setting up four plants at Kharkhoda in Haryana, Hosur, Bengaluru and Chhatrapati Sambhajinagar in Maharashtra. The projects involve a total investment of ₹1,415 crore and will expand the company’s manufacturing capacity across alloy wheels, casting and automotive components. Kharkhoda plant to add alloy wheel capacity The […]

CW Bureau · Sep 14, 2026

MANUFACTURING Solar Industries To Buy South Africa’s Omnia For $1.355 Bn For Expansion

Solar SA Investments Proprietary Ltd, a wholly owned step-down subsidiary of Nagpur-based Solar Industries India Ltd, and Omnia Holdings Ltd have signed definitive agreements for the acquisition of Omnia’s outstanding shares in an all-cash transaction valued at approximately $1.355 billion (₹12,951 crore). Solar Industries, a manufacturer of industrial explosives, said the proposed acquisition would significantly […]

CW Bureau · Sep 14, 2026

MANUFACTURING Airfloa Rail Technology Acquires KIN Railway Equipment Unit For ₹48 Cr

Airfloa Rail Technology Ltd, an engineering and manufacturing company serving the railway, metro, aerospace and defence sectors, has entered into a Memorandum of Understanding (MoU) with KIN Railway Equipment Pvt Ltd to evaluate the acquisition of KIN’s business for ₹48 crore. The proposed transaction will be structured either as a slump sale or an asset […]

CW Bureau · Sep 14, 2026

BANKING & FINANCE Satin Growth Alternatives Invests ₹5 Cr In Woman-Led Indic Wisdom

Satin Growth Alternatives Ltd (SGAL), the youngest subsidiary of Satin Creditcare Network Ltd (SCNL), has made its first investment of ₹5 crore from its Category II Alternative Investment Fund in woman founder-led Indic Wisdom. Indic Wisdom manufactures and distributes traditionally crafted food products, including wood-pressed oils and value-added products made from native Indian oilseeds. First […]

CW Bureau · Sep 14, 2026

INFRASTRUCTURE Ashwini Vaishnaw To Inaugurate Kalyani Container Depot On Sept 15

The inauguration of the Gati Shakti Cargo Terminal, flagging off of a bulk salt container train and laying of the foundation stone for the Inland Container Depot (ICD) of Kalyani Cast Tech Ltd (KCTL) at Shivlakha, Kutch, Gujarat, have been rescheduled to September 15 through videoconferencing by Railways Minister Ashwini Vaishnaw. KCTL has also received […]

CW Bureau · Sep 14, 2026

GENERAL Crown Holdings Breaks Ground On $550 Mn Beverage Can Plant In UP

Crown Holdings, Inc. has broken ground on its first beverage can manufacturing facility in India, at Unnao in Uttar Pradesh, marking a major milestone in the company’s expansion into one of the world’s fastest-growing beverage markets. Announced in April 2026, the state-of-the-art facility represents an investment of $550 million and will feature two production lines […]

CW Bureau · Sep 12, 2026

RETAIL/FMCG Allied Blenders & Distillers Approves ₹115 Cr Investment In Malt Distillery

Allied Blenders and Distillers Ltd, a leading spirits company, has approved an additional capital contribution of ₹115 crore in its subsidiary Minakshi Agro Industries LLP (MAILLP) to establish a malt distillery and maturation warehouse at Aurangabad. The investment, which will be made in one or more tranches, will support a malt distillery with a capacity […]

CW Bureau · Sep 11, 2026

RETAIL/FMCG Liberty Shoes Eyes Future Growth With Stronger Brands And Designs

Footwear major Liberty Shoes Ltd is looking to strengthen its position in the Indian footwear market by focusing on product innovation, contemporary designs, technology-led operations and stronger brands as consumer preferences evolve. The management, in a letter to shareholders, said the company will focus on improving efficiency, maintaining disciplined costs and enhancing its ability to […]

CW Bureau · Sep 3, 2026

RETAIL/FMCG Kitex Garments Bets On Telangana Expansion To Drive Growth In FY27

Kitex Garments Ltd expects a recovery in FY27 as export orders return to FY25 levels, supported by increased production at its Telangana facility and stronger demand from international markets. Kitex Garments, Chairman and Managing Director, Sabu M Jacob, said in a letter to shareholders that the company is also strengthening its presence in Europe and […]

CW Bureau · Sep 3, 2026

RETAIL/FMCG Lux Industries Enters New Growth Phase Through 3 Demerged Verticals

Lux Industries Ltd, one of India’s largest hosiery manufacturers, is focusing on margin recovery, tighter working capital management and cost rationalisation as it enters FY27. The company is also looking to leverage investments made in brands, manufacturing and technology to strengthen its position in the mid-premium hosiery segment. Lux has an annual production capacity of […]

CW Bureau · Sep 3, 2026

RETAIL/FMCG United Breweries Invests ₹110 Cr In New Canning Line At Ellora Brewery

United Breweries Ltd (UBL), part of the Heineken Company, has commissioned a new canning line at its Ellora Brewery in Chhatrapati Sambhajinagar, Maharashtra, with an investment of ₹110 crore. The facility is expected to become operational in September 2026 and will strengthen UBL’s manufacturing footprint, brewery productivity and ability to meet growing demand. 40,000 cans […]

CW Bureau · Sep 1, 2026