Order & deals

RailTel Corporation of India Ltd. has received a work order from the Indian Institute of Technology, Delhi. The order pertains to the supply, installation, and commissioning (SITC) of Underground Optical Fiber Cable (OFC) from IIT Delhi to Sonipat Campus and IIT Delhi Campus to Greater Noida, including a six-year Annual Maintenance Contract (AMC).Order Details The OFC laying work is expected to be completed within nine months. The total size of the order is ₹17,02,24,928. The order was received on February 25, 2026, at 5:30 PM. The project is considered a domestic order. According to the work order, the project must be executed by February 24, 2032. There is no related party interest in the entity that awarded the order.

Patna, 26th February 2026 - BMW Ventures Limited (BSE: 544543, NSE: BMWVENTLTD), one of Eastern India's largest steel distributors and manufacturers of fabricated steel products, has secured its largest-ever Fabricated Steel Products order worth ₹36 crore for Bharat Heavy Electricals Limited (BHEL Project).Key Strategic Entry into Large Format Projects This landmark mandate marks a significant milestone in the company's strategic expansion into large scale industrial and infrastructure projects.The order forms part of a broader ₹3141 crore project opportunity (₹3105 crore order pipeline), with the balance portion expected to be targeted and executed over the next ten to twelve months. This development represents a structural scale...

Dynacons Systems & Solutions Ltd. Secures Prestigious Project from Punjab & Sind Bank Mumbai, India, February 26, 2026 Dynacons Systems & Solutions Ltd. has secured a project from Punjab & Sind Bank for the Implementation and Management of On-Premises Private Cloud Infrastructure. The project is valued at ₹108.88 Crores.Project Details The project involves the supply, implementation, and management of an On-Premises Private Cloud Infrastructure for Punjab & Sind Bank for a period of five years. Dynacons will be responsible for the design, supply, implementation, and ongoing management of the required IT infrastructure, system software, and cloud services to deploy and host the Bank's applications across DC-DR environments.The...

Man Infraconstruction Limited (MICL Group) has received the Intimation of Disapproval (IOD) for its Atmosphere Commercial Project at Nahur, Mulund West. The project marks the final phase of the integrated Atmosphere development initiated in 2014.Atmosphere Development Overview Over the past decade, MICL Group has developed a strong ecosystem in the micro-market through Atmosphere and Atmosphere O2, delivering approximately 1500 residences with nearly carpet area of 11 lakh sq. ft., and ~100% sold out. The commercial project Gateway further strengthened the portfolio with approximately 1.37 lakh sq. ft. of development, which is also fully sold out, collectively contributing to the transformation of the corridor into a live-work...

Kolkata, February 26, 2026 – Websol Energy System Limited (Websol or the Company) (BSE: 517498, NSE: WEBELSOLAR) has announced the successful securing of three purchase orders totaling 85.5 MW for solar modules. These orders, valued at Rs. 172 crores, are currently in production and scheduled for delivery by May'26.The orders were received from Bekem Infra Projects, Sri Avantika Contractors, and Kosol Energie.Websol clarified that the recently imposed U.S. tariffs on solar imports will not impact its operations, as the company does not currently have exports to the United States.“These new orders reflect the confidence our partners place in Websol's capabilities and reinforce our position in the Indian solar market. We are...

Bengaluru, February 26, 2026: Tejas Networks Ltd. (NSE: TEJASNET | BSE: 540595) has announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios, marking a significant milestone in its global wireless expansion strategy.The company disclosed in its communication dated February 26, 2026 that the contract relates to the manufacturing and supply of advanced 5G Massive MIMO radio solutions.Strategic Collaboration to Strengthen Global 5G Supply Chains Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, stated that the agreement deepens NEC’s collaboration with Tejas Networks in the 5G Massive MIMO radio segment and supports supply-chain...

Deal to Commence in April 2026 With Even Revenue Distribution Coforge Limited has secured a $158 million contract from a UK-based client for a period of five years, marking a significant addition to its order book. The services under this engagement will begin in April 2026, with revenue expected to accrue evenly across the contract tenure.The company also indicated that the core engagement is likely to drive meaningful expansion in ancillary revenues from the same client over the next five years.AI-Led Platforms Drive Large Deal Momentum in Europe Commenting on the development, John Speight, President and Europe Business Leader at Coforge, said that AI-driven discussions centered on innovation, governance, and resiliency are...

Chennai, February 25, 2026 – Veranda Learning Solutions Limited (BSE: 543514; NSE: VERANDA) has executed definitive agreements to avail a term loan facility of up to ₹140 crore from City Union Bank Limited, strengthening its balance sheet as it moves to refinance existing debt instruments. The company informed exchanges that the Term Loan Agreement and Deed of Hypothecation were executed on February 24, 2026 at 11:30 p.m. IST ₹140 Crore Term Loan: Purpose and Structure As detailed in Annexure A of the filing, the borrowing will be utilised, inter alia, towards the redemption of Non-Convertible Debentures issued by the company and its wholly owned subsidiary, Veranda Race Learning Solutions Private Limited Key Details of the Term Loan...

Larsen & Toubro has secured a batch of major engineering, procurement and construction orders for power transmission infrastructure projects across India and the Middle East, strengthening its presence in the electricity grid segment.Orders in West Bengal to Strengthen Industrial Power Networks In India, the company’s Power Transmission and Distribution vertical has received an order for the design, supply and construction of two 220 kV Gas Insulated Substations in the Durgapur, Raniganj and Asansol industrial belt of West Bengal .The scope of work includes associated transmission line segments featuring advanced conductors and multi circuit towers . These grid modernisation projects are aimed at ensuring a stable voltage profile...

AXISCADES Signs Strategic Space Pact at French Embassy to Boost India’s Space Situational Awareness Capabilities New Delhi, February 25, 2026: AXISCADES Technologies Limited (BSE: 532395 | NSE: AXISCADES) has signed a strategic agreement at the Embassy of France in New Delhi to enhance India’s capabilities in Space Situational Awareness, marking a significant milestone in Indo-French collaboration in the space and defence technology domain.The agreement was signed in the distinguished presence of Ms. Eléonore Caroit, Minister Delegate to the Minister for Europe and Foreign Affairs, as part of the delegation accompanying HE Mr. Emmanuel Macron, President of the French Republic, during his visit to India.The development reinforces...

Navi Mumbai, February 24, 2026: Organic Recycling Systems Limited (BSE: 543997) has secured a large-scale Engineering, Procurement and Construction contract for an integrated Compressed Bio-Gas project in Damoh, Madhya Pradesh, marking a strategic expansion of its bioenergy portfolio. The order has been awarded by Shreyam Manek Agro Products Pvt. Ltd. for the development of a state-of-the-art Integrated CBG and biofertilizer facility with a designed production capacity of 10 tons per day of CBG using agro feedstock. The facility will form part of a larger integrated modern gaushala ecosystem. Project Scope and Execution Mandate Under the contract, Organic Recycling Systems will undertake equity participation along with comprehensive EPC...

Ahmedabad/Chennai, February 24, 2026: Adani Power Limited (BSE: 533096 | NSE: ADANIPOWER) on Tuesday announced that its subsidiary, Moxie Power Generation Ltd. (MPGL), has received a Letter of Award for a 558 MW (net) power purchase agreement from Tamil Nadu Power Distribution Corporation Limited for a period of five years. The contract was secured through a competitive bidding process, with MPGL emerging as the lowest bidder by quoting a tariff of Rs 5.910 per unit. Power supply under the agreement is scheduled to commence from April 1, 2026. Key Contract DetailsParticularsDetailsAwarding AuthorityTamil Nadu Power Distribution Corporation LimitedCapacity Awarded558 MW (net)Contract Tenure5 YearsTariff QuotedRs 5.910 per...

Palwal, February 23, 2026 (IST) – DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV) has secured fresh contracts aggregating approximately ₹173 crore across domestic and international markets, strengthening its order book in the power sector piping segment. The company confirmed that it has received job work contracts worth ₹88 crore in India, while its material subsidiary, DEE Piping Systems (Thailand) Co., Ltd., has secured overseas orders worth approximately $9.5 million, including both job work and material supply contracts. Order Book SummarySegmentNatureValueExecution TimelineDomestic – CompanyJob Work Contracts₹88 Crore (approx.)Within 1 yearInternational – SubsidiaryHRSG Piping (Job Work)~$8 MillionBy...

Mumbai, February 23, 2026: Godrej Properties Limited (BSE: 533150 | NSE: GODREJPROP) has announced its entry into a new large-format residential development in Thane, Mumbai, with an estimated revenue potential of over ₹7,500 crore. The company has entered into a joint development agreement for an approximately 18-acre land parcel in an established micro-market of Thane. The proposed project will be largely residential in nature and marks the company’s fourth development in the Thane market. Project Details and Revenue PotentialParticularsDetailsLocationThane, MumbaiLand Parcel~18 acresDevelopment TypeLargely ResidentialEstimated Revenue Potential₹7,500 crore**Based on current business assumptions. The land parcel...

Bengaluru, February 23, 2026: AXISCADES Technologies Limited (NSE: AXISCADES | BSE: 532395) has secured a fresh production order worth approximately ₹25 crore under the Light Combat Aircraft (LCA) Mk1A programme, reinforcing its position in India’s aerospace and defence manufacturing ecosystem. The order has been awarded to its subsidiary, Mistral Solutions Pvt. Ltd., and involves the supply of Single Board Computers for the LCA Mk1A platform. The announcement was made by the company in an official communication dated February 23, 2026 . Order DetailsParticularsDetailsOrder ValueApproximately ₹25 croreProgrammeLCA Mk1ACustomerHindustan Aeronautics LimitedProductSingle Board ComputerManufacturing FacilityDAL...

Chennai, February 17, 2026: Refex Industries Limited (BSE: 532884 | NSE: REFEX) has secured a domestic order worth ₹49.22 crore for material handling and transit operations related to bulk commodity material, reinforcing its position in the industrial services and logistics segment. The contract, awarded by a Mini Ratna company, will be executed over a period of three years. The development marks a significant addition to the company’s order book in the bulk material logistics domain. Order DetailsParticularsDetailsAwarding EntityMini Ratna CompanyNature of ContractMaterial handling and transit operations for bulk commodity materialOrder Size₹49.22 croreExecution Period3 yearsDomestic/InternationalDomesticPromoter...

New Delhi, February 17: Infosys on Tuesday announced a strategic partnership with US-based AI firm Anthropic to co-develop and deploy advanced enterprise AI solutions across telecommunications, financial services, manufacturing, and software development.The collaboration brings together Infosys Topaz and Anthropic’s Claude models, including Claude Code, to automate complex workflows, accelerate software delivery, and build agentic AI systems tailored to industry-specific needs.Telecom Sector to Lead Rollout with Dedicated AI Centre of Excellence The partnership will begin with a focused push in the telecommunications sector. A dedicated Anthropic Center of Excellence will be established to design and deploy AI agents customised for...

Mumbai, February 17, 2026: Marine Electricals (India) Limited (NSE: MARINE) has secured orders worth ₹19.09 crore, excluding taxes, from Crescon Projects & Services Private Limited for the supply of power distribution units. The company informed the exchange that the scope of work involves manufacturing and supply of power distribution units, with execution scheduled over a 12-month period. Order DetailsParticularsDetailsOrder Value₹19.09 crore (excluding taxes)ClientCrescon Projects & Services Private LimitedNature of WorkSupply of power distribution unitsExecution Timeline12 monthsMarine Electricals clarified that none of the promoters or promoter group entities have any interest in the awarded contract. The company...

Mumbai, February 17, 2026 – Hazoor Multi Projects Limited (BSE: 532467) has secured a Letter of Award from the National Highways Authority of India for collection of user fees at the Balenahalli fee plaza on NH-150A in Karnataka, with a contract value of ₹44.23 crore. The contract has been awarded for engaging the company as the user fee agency at Design Km 397.400 for the four-lane stretch between Challakere and Hiriyur. The project also includes upkeep and maintenance of adjacent toilet blocks along with recouping of consumable items. Project Details As per the company’s disclosure dated February 17, 2026 , the key terms of the contract are as follows: Contract OverviewParticularsDetailsAwarding AuthorityNational Highways...

India’s fifth generation fighter jet programme has entered a critical phase, with the Defence Research and Development Organisation reportedly shortlisting three industry groups to design and build prototypes of the Advanced Medium Combat Aircraft.According to a report by The Indian Express, the shortlisted contenders will move ahead in the prototype stage of the AMCA programme, marking a significant step in India’s push to develop an indigenous stealth fighter aircraft.Three Industry Groups Move to Prototype Stage The shortlisted applicants include:Tata Advanced Systems Ltd as a standalone bidder A consortium of Larsen & Toubro and Bharat Electronics Limited A consortium comprising Bharat Forge, BEML Limited and Data Patterns...