📍 ACQUISITION & INVESTMENT

• Shriram Finance's board approved a substantial investment of ₹39,618 crore from Japanese financial services provider MUFG for a 20% stake, to be facilitated through a preferential issuance of equity shares. The deal awaits approvals from the Competition Commission of India (CCI) and the Reserve Bank of India (RBI).
• Unity Small Finance Bank emerged as the winning bidder for the bankrupt Aviom India Housing Finance, with an upfront payment offer of ₹977.5 crore.
• ArcelorMittal announced an investment of approximately $900 million to develop three renewable energy projects in India, aiming to add 1 gigawatt (GW) capacity and double its total renewable energy capacity in the country to 2 GW.
• Waaree Energies' arm signed an agreement to acquire 53.7 lakh shares in United Solar Holding for $30 million and established a wholly-owned subsidiary, Hydro Bloom Energy.
• Tata Chemicals' arm executed an agreement to acquire a 100% stake in Singapore-based Novabay for an enterprise value of S$37.8 million (approximately €25 million).
• Craftsman Automation's subsidiary, DR Axion, completed the acquisition of Suprash Developers and indirectly acquired Srikara Technologies for ₹145.8 crore.
• Krishna Institute of Medical Sciences acquired an additional 6.94% stake in Sarvejana Healthcare for ₹148 crore, increasing its total holding to 75.53%.
• Tata Steel acquired 149 crore shares of its subsidiary T Steel Holdings for ₹1,355 crore.
• Sandur Manganese saw its promoter, Lohagiri Industries, acquire a 14.91% stake, boosting the promoter's shareholding to 18.19%.
• Indian Overseas Bank saw the government divest a 2.17% stake through an Offer For Sale (OFS) on December 18, reducing its holding to 92.44%.

📍 ORDER WIN

• MIC Electronics Limited secured a Letter of Award (LOA) from the Nagpur Division of the Central Railway for the supply, installation, testing, and commissioning of telecom assets and passenger amenities at seven railway stations under the Amrit Bharat Yojana. The project is valued at Rs 1,05,31,118.
• Ceigall India Limited was awarded a ₹12.185 crore contract by the Punjab government for a desilting project. The company also clarified that unusual trading volumes were linked to its L1 bidder status for a 130 MW solar power project worth ₹550 crore under the PM KUSUM-C scheme.
• Soma Textiles received a ₹281 crore construction order from Roadway Solutions India.

📍 REGULATORY APPROVALS

• Mswipe Technologies received the final Payment Aggregator (PA) licence from the Reserve Bank of India (RBI), enabling it to operate across both online and physical payment acceptance channels.
• Apollo Micro Systems received two significant Transfer of Technology (ToT) approvals from the Defence Research and Development Organisation (DRDO) for a laser-based Directed Energy Weapon (DEW) system and an electro-optical (EO) tracking system for DEWs.
• Optiemus Infracom received approval from the Ministry of Corporate Affairs for the incorporation of a joint venture and subsidiary, The Factory.

📍 NEW LAUNCHES & PRODUCTS

• Cipla Limited launched Afrezza® (insulin human) Inhalation Powder in India. This needle-free inhaled insulin, approved by CDSCO, offers a convenient alternative to injectable insulin therapy for adults with diabetes mellitus.
• Emcure Pharmaceuticals launched Poviztra, a second brand of Novo Nordisk's semaglutide injection for weight management, across India. Emcure is the first Indian company to exclusively distribute and commercialise Poviztra in the country, pricing it 15-20% lower than Novo Nordisk's Wegovy.
• Kross introduced a new product, Tipping Jacks, in the trailer segment, with plans to achieve a production capacity of 800 units per month by FY27.
• Sudarshan Chemical launched a new red pigment, Sudafast Red, for printing ink applications.
• Titagarh Rail Systems rolled out India's first driverless metro train set for Ahmedabad Metro at its West Bengal facility.

📍 CORPORATE ANNOUNCEMENTS

• Adani Total Gas announced the appointment of Preyash Jhaveri as Interim Chief Financial Officer, effective December 22.
• The Indian Hotels Company (IHCL) signed a Taj hotel in Cairo, marking the brand's entry into Egypt.
• LIC Housing Finance reduced its interest rate on new home loans, with revised rates starting from 7.15% onwards, effective December 22, 2025.
• Great Eastern Shipping signed a contract to acquire an 84,048 CBM South Korean vessel, expected to join its fleet in Q4 FY26.
• Balkrishna Industries approved the reappointment of Arvind Poddar as Chairman and Managing Director for five years, commencing August 1, 2026. The company also completed one carbon black production line.
• CESC's arm issued a binding letter of intent to Klasscorp Solutions for consultancy services related to land acquisition.
• IGL entered into a joint venture with Hindustan Waste Treatment to establish a compressed biogas plant.
• Centum Electronics approved the discontinuation of operations of its Canadian subsidiaries, Centum E&S.
• DCM Shriram voluntarily liquidated its step-down subsidiary, Bioseed Research, effective December 15.
• Juniper Hotels Limited commenced remote e-voting for a postal ballot to approve the appointment of Mr. Mayur Chokshi as a Non-Executive Independent Director, starting December 23, 2025.
• Infosys reached an in-principle settlement of all pending class-action lawsuits against its subsidiary McCamish Systems for $17.5 million.
• KEC International: The Delhi High Court kept Power Grid's ban order in abeyance, allowing KEC to participate in ongoing bids.

📍 DIVIDENDS & BONUS ISSUES

• CRAMC declared an interim dividend of Rs 1.50 per share.
• Prakash Pipes Limited (PPL) announced an interim dividend of Re 1 per share, with a record date on December 24, 2025.
• GRM Overseas announced a bonus issue of 2:1, with a record date on December 24, 2025.

📍 OTHER CORPORATE ACTIONS

• KMEW underwent a face value split (sub-division) from Rs 10/- per share.
• VINEETLAB has a rights issue of 13:12 at a premium of Rs 20/-, with a record date on December 23, 2025.
• NECLIFE has a buyback scheduled for December 24, 2025.

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