Order & deals

Chennai, January 13, 2026: VA Tech Wabag Limited (NSE: WABAG, BSE: 533269) has secured a large domestic order from Bharat Petroleum Corporation Limited for setting up advanced industrial water treatment facilities at BPCL’s Bina Petrochem and Refinery Expansion Project in Madhya Pradesh. The order covers a comprehensive water block package for the Bina refinery, strengthening Wabag’s position in the industrial water treatment segment, particularly within the oil and gas sector. Order Scope and Execution Timeline Under the contract, VA Tech Wabag will execute the complete engineering, procurement, construction, installation, testing, and commissioning of key water treatment facilities. These include a raw water treatment plant, a reverse...

Rajkot, January 12, 2026: K.P. Energy Limited (BSE: 539686 | NSE: KPEL) announced that its parent KP Group has signed a Memorandum of Understanding with the Government of Gujarat to develop large-scale renewable energy projects involving an investment of approximately ₹4,000 crore. The MoU was signed on January 12, 2026, at Marwadi University, Rajkot, during the Vibrant Gujarat Regional Conference investment promotion programme. The agreement outlines KP Group’s plans to set up renewable energy projects with an aggregate capacity of around 855 MW across multiple locations in Gujarat . Project Scope and Capacity Details Under the proposed plan, KP Group intends to develop a mix of solar and wind-solar hybrid projects, including...

Mumbai, January 12, 2026: Sical Logistics Limited has secured a large mining services contract valued at ₹4,038 crore, marking a significant order inflow for the company at the start of calendar year 2026. The company has received a formal Letter of Acceptance for undertaking work at the Porda Chimtapani Open Cast Project located in Raigarh district, Chhattisgarh. The contract has been awarded by South Eastern Coalfields Limited, a domestic coal producer. Contract Details and Scope of Work The order involves execution of mining-related work as per the tender terms issued earlier for the project. The total contract value stands at ₹4,038.18 crore, inclusive of applicable taxes, underscoring the scale and long-term nature of the...

Chennai, January 12, 2026: TANFAC Industries Limited (BSE: 506854) has entered into a long-term international supply contract for fluorinated chemicals, marking a significant export-led growth milestone for the specialty chemicals manufacturer. Contract Details and Financial Impact The company has signed an agreement with a Japanese customer for the supply of 7,500 metric tonnes of fluorinated chemicals per annum, with an estimated consideration of ₹337.5 crore per year. The contract tenure is seven years, commencing January 1, 2027, translating into a cumulative contract value of ₹2,362.5 crore, excluding GST. The contract has been executed in the normal course of business and is based on mutually agreed product specifications. Key...

Mumbai, January 12, 2026 – Man Industries (India) Limited (BSE: 513269 | NSE: MANINDS) has secured fresh orders worth approximately Rs 550 crore, reinforcing its robust order inflow momentum and visibility for the coming quarters.Order Details and Execution Timeline The newly secured orders pertain to the supply of various types of pipes for both domestic and international customers. The company indicated that execution of these orders is expected to be completed within six months, providing near-term revenue support.Following this order win, Man Industries’ total unexecuted order book stands at around Rs 4,600 crore, underscoring strong demand conditions and sustained traction across infrastructure and energy-linked projects...

Indore, January 12, 2026: Shakti Pumps (India) Limited (BSE: 531431 | NSE: SHAKTIPUMP) has received its first Letter of Award from Karnataka Renewable Energy Development Limited for the supply of 16,780 standalone off-grid DC solar photovoltaic water pumping systems across the state of Karnataka.The order, awarded under Component-B of the PM-KUSUM programme, carries a total value of approximately ₹654.03 crore, inclusive of GST. The scope of work encompasses design, manufacturing, supply, transportation, installation, testing, and commissioning of the solar pumping systems for statewide deployment.Order Scope and Execution Timeline The contract mandates end-to-end execution, from manufacturing through commissioning, with completion...

Nagpur, January 10, 2026: Artefact Projects Limited (BSE: 531297) has secured a new infrastructure consultancy assignment with a total contracted value of ₹4.98 crore, strengthening its presence in India’s national highway development segment.Project Scope and Details The company has been awarded the Independent Engineer Services mandate during the operation and maintenance phase of the eight-lane Vadodara–Kim Expressway in Gujarat. The assignment covers two key stretches of the corridor:Gandeva to Ena section: From km 190.000 to km 217.500 Ena to Kim section: From km 217.500 to km 254.430The expressway project is part of the broader Bharatmala initiative and is being executed under the hybrid annuity framework. Artefact Projects...

Ahmedabad, January 10, 2026: GTPL Hathway Limited (BSE: 540602 | NSE: GTPL) has received relief in a long-standing tax matter, with the appellate authority overturning a penalty of ₹45.90 lakh that had earlier been imposed on the company. The decision also directs a refund of the amount already paid by GTPL Hathway.The development relates to a penalty order issued in September 2023 by the Assistant Commissioner at Rudrapur, Uttarakhand, which had levied a charge of ₹45,90,396 on the company. GTPL Hathway had challenged the order, and the appeal has now been decided in its favour.As per the latest update, the Joint Commissioner (Appeals), State Tax, Rudrapur, passed an order on January 7, 2026, setting aside the earlier penalty and...

Ahmedabad, January 9, 2026: Latteys Industries Limited announced that it has received a major order for the supply of 7,369 off-grid DC solar photovoltaic water pumping systems across Maharashtra, marking a significant addition to its renewable energy order book.The order has been awarded by Maharashtra State Electricity Distribution Company Limited under the Magel Tyala Saur Krushi Pump Yojana and PM Kusum B Scheme, aimed at expanding solar-powered irrigation infrastructure across the state. Order Details and Scope The contract involves the design, manufacture, supply, transportation, installation, testing, and commissioning of off-grid DC solar water pumping systems. The pumps will be supplied in multiple configurations, including 3...

New Delhi, January 9: New Delhi Television Limited (BSE: 532529, NSE: NDTV) has informed stock exchanges that it has received scrutiny notices from tax authorities relating to its Goods and Services Tax filings for two financial years, with the proposed tax exposure aggregating nearly ₹34 crore. Details of the Scrutiny The notices pertain to FY 2022–23 and FY 2023–24 and raise observations around the alleged wrongful availment and utilisation of excess input tax credit, along with a short payment of tax. The proposed demand includes tax, interest, and penalty components and remains subject to adjudication. Proposed Amounts Under ReviewFinancial YearProposed Amount (₹ crore)FY 2022–2313.69FY 2023–2420.25Total33.94Company...

Hyderabad, January 9, 2026: Power Mech Projects Limited (POWERMECH) has announced that its wholly owned subsidiary, PM Green Private Limited, has secured a large-scale Battery Energy Storage System (BESS) project from West Bengal State Electricity Distribution Company Limited, marking the company’s formal entry into the energy storage segment.The contract involves the establishment of a 250 MW / 1,000 MWh BESS facility at the Goaltore Substation in Paschim Midnapore, West Bengal. The project carries a base revenue potential of Rs 1,563 crore, with an additional greenshoe option for another 250 MW / 1,000 MWh, taking the total revenue opportunity to Rs 3,126 crore.Project Scope and Structure The BESS project has been structured under...

Pune, January 8, 2026: P N Gadgil Jewellers Limited (BSE: 544256 | NSE: PNGJL) reported a robust operating performance in the December quarter, supported by strong festive and wedding season demand. The company posted sharp year-on-year growth across its core retail and digital channels, with Diwali emerging as the strongest festive period in its history. Strong Consolidated Revenue Performance During Q3 FY26, consolidated revenue rose sharply, led by the retail business, which continued to remain the primary growth driver. Consolidated Revenue Snapshot (₹ crore)Particulars Q3 FY26 Q3 FY25 YoY ChangeRevenue excluding other segment 3,169 2,176 +46%Other segment 133 259 -...

New Delhi, January 8, 2026: RailTel Corporation of India Ltd (BSE: 543265 | NSE: RAILTEL) has secured a major domestic work order valued at Rs 101.82 crore, reinforcing its position in large-scale government IT infrastructure and managed services projects. Order Details and Scope The company has received the work order from the Public Financial Management System (PFMS) for the establishment and managed operations of critical IT infrastructure. The mandate covers data centre and disaster recovery infrastructure, including security operations centre services and data centre colocation. The project is structured as a supply and services contract and is scheduled to run over a long execution horizon, extending up to January 2031. This...

Mumbai, January 8, 2026: Larsen & Toubro Limited (BSE: 500510, NSE: LT) has entered into a strategic partnership with the Indian Army to support the sustenance, overhaul, and upgradation of in-service Pinaka Multi-Rocket Launcher Systems, strengthening long-term lifecycle management of a key indigenous artillery platform.Under the partnership, Larsen & Toubro has secured a supply order to undertake overhaul, modernisation, and obsolescence management of Pinaka systems currently deployed with the Indian Army. The initiative brings together a domestic original equipment manufacturer and the Army’s technical corps to enhance operational availability and modernisation of frontline artillery regiments.Lifecycle-Based Sustenance Framework...

Bengaluru, January 7, 2026: Unimech Aerospace and Manufacturing Limited (BSE: 544322, NSE: UNIMECH) said its wholly owned subsidiary, Innomech Aerospace Toolings Private Limited, has secured an order valued at Rs 72.20 crore from Nuclear Power Corporation of India Limited. The contract involves the supply and delivery of specialised support equipment for Units 3 and 4 of the Tarapur Atomic Power Station. The execution of the order will be carried out through staggered deliveries, scheduled to be completed by December 2028. Order Details at a GlanceParticularsDetailsAwarding entityNuclear Power Corporation of India LimitedScope of workSupply and delivery of support equipmentProject locationTarapur Atomic Power Station Units 3...

Mumbai, January 7, 2026: Welspun Corp Limited (WELCORP) on Wednesday announced the receipt of a new export order for the supply of large-diameter coated line pipes for projects in the Americas, strengthening its overseas order pipeline and long-term revenue visibility.With this latest win, the company said that additional orders booked in India since its previous update in September 2025 now aggregate to around ₹3,100 crore. As a result, Welspun Corp’s consolidated global order book has expanded to ₹23,460 crore, equivalent to approximately USD 2.6 billion, underscoring strong demand across both domestic and international markets.The company stated that the current order book provides clear execution visibility and operational...

Indore, January 6, 2026: Highway Infrastructure Limited (HILINFRA) has strengthened its toll operations portfolio after receiving a Letter of Award valued at ₹32 crore for operating a key fee plaza in Uttar Pradesh, further enhancing revenue visibility for the company over the contract period. The mandate covers user fee collection and comprehensive operations management at the Jawar Fee Plaza located at Km 37.100 on the Mathura to Devinagar Bypass section. The contract tenure is for one year and also includes upkeep and maintenance of adjacent toilet blocks along with consumables on NH-530B. Contract Details and Business Impact The new order adds to Highway Infrastructure’s growing portfolio of toll operations and supports stable...

Surat, January 6, 2026 Desco Infratech Limited (BSE: 544387) has secured multiple purchase and service orders aggregating to Rs 5.37 crore, strengthening its order book across city gas distribution and pipeline infrastructure segments. The total value of the orders stands at Rs 5,37,05,303, inclusive of GST. The contracts have been awarded by three leading domestic entities in the gas distribution space, namely Adani Total Gas Limited, Bharat Petroleum Corporation Limited and Maharashtra Natural Gas Limited. Order Details and Scope of Work The newly received orders span execution, operations and maintenance, and support services across multiple geographies. The scope includes polyethylene pipeline works for piped natural gas networks...

Ahmedabad, January 6, 2026 Dev Information Technology Limited (NSE: DEVIT | BSE: 543462) announced that it has secured a new enterprise software order valued at approximately Rs 26 lakh, strengthening its presence in government-linked technology deployments.Order Details and Scope The company has received the order from M/s Core Technologies for the supply and deployment of AutoCAD software along with specialised toolsets. The contract covers commercial AutoCAD products with offline subscription access, multi-user licensing and non-language-specific Windows configurations.The scope of work includes industry-specific productivity toolsets, compliance and audit readiness, and operational support services. The execution timeline for...

Hyderabad, January 6, 2026: Bondada Engineering Limited (BSE: BONDADA) has successfully commissioned solar power projects aggregating 120.46 MWp during December 2025, marking a strong acceleration in execution within its Solar EPC business.Project Details and Geographic Spread The commissioned capacity was delivered for clients including Paradigm IT, MAHAGENCO, and NLC India Limited across multiple locations in Maharashtra and Tamil Nadu. The projects span clusters in Dhule, Amaravati, Hingoli, Pathardi, Shevgaon, Kannad, and Dharni in Maharashtra, along with Neyveli in Tamil Nadu, underscoring the company’s multi state execution capability.Execution Momentum Strengthens The company recorded a notable ramp up in activity, with...