MANUFACTURING
Sri Chakra Cement Halts Operations, Eyes Funding To Restart Production
Hyderabad-based Sri Chakra Cement Ltd has temporarily suspended manufacturing operations with effect from June 27, 2026, citing acute working capital constraints that have affected its ability to continue production in the normal course of business. The company informed the stock exchanges that the temporary suspension is a prudent measure aimed at preventing further capital erosion […]
CW Bureau
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Jun 27, 2026
MANUFACTURING
APL Apollo To Divest Arm Blue Ocean Projects To SG Realtor For ₹160 Cr
APL Apollo Tubes Ltd has approved the divestment of its entire stake in its wholly owned subsidiary, Blue Ocean Projects Pvt Ltd (BOPPL), to SG Realtor Pvt Ltd, a related party, for an aggregate consideration of ₹160 crore, as the steel products manufacturer sharpens its focus on its core business. The company’s board of directors […]
CW Bureau
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Jun 27, 2026
GENERAL
Sun Pharma To Acquire Innovcare For ₹271 Cr To Bolster Product Portfolio
Sun Pharmaceutical Industries has signed an agreement to acquire 100% of Mumbai-based Innovcare Lifesciences Pvt Ltd for ₹271 crore in cash, strengthening its product portfolio in the pharmaceuticals, nutraceuticals and cosmeceuticals segments. The pharmaceutical company informed stock exchanges on Saturday that the acquisition will be completed on or before July 31, 2026. The transaction is […]
CW Bureau
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Jun 20, 2026
GENERAL
Kabra Drugs Receives Chhattisgarh LOI For ₹200 Cr Plant At Nava Raipur
Kabra Drugs Ltd has received a Letter of Intent (LOI) from the Government of Chhattisgarh for the proposed establishment of a pharmaceutical manufacturing facility at Nava Raipur Pharma Park, marking a significant step in the company’s capacity expansion and long-term growth plans. The proposed project involves an investment of approximately ₹200 crore and is aimed […]
CW Bureau
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Jun 13, 2026
