📍 ORDER WIN

• Dilip Buildcon: The company has secured a Letter of Intent (LOI) worth ₹1,850 crore from REC Power Development for a 400 kV sub-station project in Karnataka.
• HG Infra Engineering: Reported winning a significant contract worth ₹400 crore from Anuppur Thermal Energy.
• Waaree Renewable Technologies: Signed an Engineering, Procurement, and Construction (EPC) contract for a 300MWac/420MWp ground-mounted solar PV plant.
• 3i Infotech: Announced securing a new contract for providing specialized engineering solutions.

📍 ACQUISITION

• Adani Infra (India) Ltd: Successfully completed the acquisition of debt-ridden Punj Lloyd for ₹281.10 crore following NCLT approval. The company will be operated as a "going concern."
• Choice International: Finalized the buyout of the remaining 50% stake in Choice Insurance Broking for ₹625 million, making it a wholly-owned subsidiary.
• Estée Lauder: Announced plans to acquire full ownership of the Indian luxury beauty brand Forest Essentials to deepen its footprint in the premium Ayurveda segment.

📍 CORPORATE ACTION

• Kotyark Industries: The stock will migrate from the NSE EMERGE platform to the NSE Mainboard effective today, March 12, 2026.
• Artemis Electricals and Projects: Shares of the company are set to commence trading on the NSE Mainboard starting today.
• Persistent Systems: The company’s ESOP Trust will begin a fresh tranche of share acquisitions from the secondary market today to meet vesting obligations.

📍 DIVIDEND / RIGHTS ISSUE

• Indian Oil Corporation (IOC): Trades ex-dividend today for an interim payout of ₹2 per share.
• Sun TV Network: Record date today for an interim dividend of ₹1.25 per share.
• R Systems International: Set as the ex-dividend date for an interim dividend of ₹6 per share.
• Maruti Interior Products: Record date for its 3:1 rights issue priced at ₹10 per share.
• Vertex Securities: Record date for its 1:1 rights issue at an issue price of ₹2 per share.

📍 BOARD MEETINGS

• Steelco Gujarat: Meeting to consider matters related to a proposed rights issue, including the record date and schedule.
• Associated Alcohols & Breweries: Board to discuss the conversion of warrants into equity shares for promoters and non-promoters.
• Krishival Foods: To consider granting a loan to its subsidiary, Melt 'N' Mellow Foods Private Ltd.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News