Key Corporate Actions and Updates on September 28-29, 2026
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Insights by Echo AI
Several companies announced significant developments, including mergers, acquisitions, fundraisings, and project awards. Aequs Ltd raised ₹650 crore via a warrant issue, while Adani Power completed a merger of 10 subsidiaries. SAIL and BCCL signed an MoU for coking coal blocks. Prestige Estatics withdrew its IPO proposal. Clean Max Enviro sold a 7.25% stake, and RCF approved a ₹797 crore purchase order. Market closers included Dr. Reddy's (+1.67%), Infosys (+0.30%), and HDFC Life (+0.11%) among gainers, while losers included Tata Motors (-3.00%), Adani Enterprises (-2.93%), and Jio Financial Services (-2.86%). Key appointments were made at Coforge and HCL Technologies. Zydus Lifesciences completed a USFDA inspection. NALCO paid a record dividend, and LG Electronics announced a price hike. Vikram Solar and Torrent Pharmaceuticals expanded their capacities. Ola Electric planned to raise ₹1,000 crore. ITC acquired additional shares in Sproutlife Foods.
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