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Atul announced that the Board of Directors of the Company at its meeting held on 24 April 2026, inter alia, have recommended the final dividend of Rs 30 per equity Share (i.e. 300%) , subject to the approval of the shareholders.
Bajaj Electricals has received affirmation in credit ratings for bank facilities of Rs 1,400 crore availed by the company, as detailed below:
Long term rating - CRISIL AA-; Stable Short term rating - CRISIL A1+
Elpro International will hold a meeting of the Board of Directors of the Company on 28 April 2026.
Hindustan Construction Company (HCC) secured a significant infrastructure contract valued at approximately ~2.917.6 crore from City and Industrial Development Corporation of Maharashtra (CIDCO) for the construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project has been awarded to the LCESPL-HCC Joint Venture, in which HCC is responsible for executing works worth approximately Rs 1,100 crore.
The project involves the design and construction of a 22.21 km long raw water tunnel using Tunnel Boring Machine (TBM) technology, conveying water from Kondhane Dam at Village Chochi in Karjat to a proposed 250 MLD Water Treatment Plant (WTP) at Village Mohope in Pan vel.
The scope of work also includes the design, build, supply, erection, testing and commissioning of the water treatment plant, along with 15 years of comprehensive operation and maintenance under a Design, Build and Operate (DBO) contract model.
Hindustan Composites announced that the Board of Directors of the Company at its meeting held on 23 April 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 40%) , subject to the approval of the shareholders.
Zensar Technologies announced that the Board of Directors of the Company at its meeting held on 24 April 2026, inter alia, have recommended the final dividend of Rs 12.6 per equity Share (i.e. 630%) , subject to the approval of the shareholders.
Kothari Industrial Corporation (KICL) and Chennai-based deep tech startup Tvasta Manufacturing Solutions , which specializes in Construction 3D Printing, have signed a Memorandum of Understanding to explore construction 3D printing opportunities with initial focus on Australia's residential housing construction market, marking a significant milestone in India's technology export capabilities and international construction partnerships.
The collaboration comes at a critical juncture as Australia faces a severe housing shortage and affordability crisis and major cities ranking among the least affordable globally. Prime Minister Anthony Albanese's government has launched an ambitious plan to build 1.2 million homes by 2030 under the National Housing Accord, supported by a $10 billion Housing Australia Future Fund aimed at boosting supply, particularly affordable housing.
The collaboration aligns with the broader India–Australia economic engagement, following Commerce Minister Piyush Goyal's announcement that India and Australia can work together to support the delivery of up to 1 million homes, representing a potential $500 billion opportunity. The initiative focuses on facilitating the adoption of advanced construction technologies, alongside capability development to train Australians domestically in the use of these technologies to deliver housing outcomes in line with Australian building codes, standards, and regulatory requirements, with potential support from global financing partners.
Highlighting the strategic significance of this collaboration, J. Rafiq Ahmed, Executive Chairman & Managing Director of KICL, said: Australia presents an extraordinary opportunity for Indian technology and execution capabilities to address one of the developed world's most pressing housing challenges. Our collaboration with Tvasta combines our business development and financing coordination strengths with their proven 3D printing technology to deliver scalable housing solutions. This collaboration represents exactly the kind of India-Australia collaboration that can create value for both nations while solving real-world problems.
Larsen & Toubro has entered the B2B industrial electronics space with the commencement of industrial electronics manufacturing at its Coimbatore campus in Tamil Nadu.
The new business vertical, christened L&T Electronic Products & Systems (LTEPS), will be headquartered in Bengaluru, while the manufacturing operations will be based in Coimbatore. To begin with, two manufacturing lines have been commissioned, offering electronics manufacturing services to both Indian and global clients.
Commenting on this, L&T Chairman & Managing Director S N Subrahmanyan said: “The foray into industrial electronics is an important step towards our Lakshya 2031 aspiration of deepening technology leadership and enhancing India's self-reliance in critical manufacturing. With LTEPS, we are bolstering the nation's electronics manufacturing ecosystem while expanding our presence across high‑growth, innovation‑driven domains”.
Building on its expertise in Strategic Electronics, LTEPS will extend the capability to the development and manufacture of industrial electronic products and systems across several key domains — including power electronics, mobility, industrial robotics & automation, communication platforms and electronics systems design & manufacturing (ESDM).
It will adopt a blended approach of in-house R&D, technology partnerships and advanced testing infrastructure to deliver market-ready solutions.
Looking ahead, LTEPS plans to progressively expand its footprint. Future expansions are envisioned across a 40-acre zone within the Coimbatore campus to cover the entire industrial electronics value chain — spanning R&D, in-house product development, ESDM, contract manufacturing, design and engineering support, sourcing, testing and validation services.
Mahindra & Mahindra has appointed Suchi Suri as the Executive Vice President - Mahindra Experiences effective from 14 May 2026, who shall also form part of Senior Management Personnel of the Company.
Saurashtra Cement will hold a meeting of the Board of Directors of the Company on 12 May 2026.
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