From ICICI Financial institution’s stake buy in ICICI Prudential Life and HUDCO’s ₹25,000-crore MoU with the Bihar authorities to Web page Industries’ Dubai courtroom noti…
1/9ICICI Financial institution | The personal financial institution main has acquired a further 2% stake in ICICI Prudential Life Insurance coverage Firm for round ₹1,470 crore, taking its holding within the subsidiary to roughly 52.8%. The financial institution purchased 2.90 crore shares via the inventory change in a number of tranches between July 22 and September 2, 2026.
2/9Energy Grid Company of India | The corporate has obtained a Letter of Intent (LoI) value ₹3,244.33 crore from Rajasthan REZ to determine an inter-state transmission system.
(Photograph Credit score : Reuters)
3/9Meesho | SoftBank is more likely to promote 7 crore shares, or a 1.5% stake, in Meesho via a block deal value round ₹1,435 crore. The ground worth has been set at ₹205 per share, implying a reduction of as much as 3.12% to the present market worth.
4/9HUDCO | Monetary providers agency has signed an MoU with the Bihar authorities to supply monetary help of ₹25,000 crore over 5 years. The funds will help the event of business infrastructure, together with land acquisition for initiatives.
5/9Hexaware Applied sciences | The corporate has introduced a management transition, with Srikrishna Ramakarthikeyan set to step down as CEO and whole-time director efficient October 28, 2026. The board has appointed Vivek Jetley as CEO from the identical date, whereas Ramakarthikeyan will proceed to be related to the corporate as a senior advisor.
6/9Web page Industries | Web page Industries has obtained a discover from a Dubai courtroom concerning a declare filed by Yellow Flower Buying and selling LLC over a dispute regarding their UAE distribution association. The declare quantities to AED 113.55 million, plus 9% annual curiosity from October 10, 2025. Web page Industries mentioned it’s reviewing the matter with authorized counsel and can contest the claims, which it believes are with out benefit.
7/9Aster DM High quality Care | A block deal happened in Aster DM High quality Care, with TPG affiliate Centella Mauritius promoting 46.1 lakh shares, or a 0.53% stake, for round ₹350 crore. Union (Mauritius) Holdings purchased the shares at a median worth of ₹760 apiece on the NSE.
8/9Pine Labs | A block deal in Pine Labs noticed Alpha Wave Ventures promote 3.55 crore shares, or a 3.1% stake, for ₹550 crore. Patrons included ICICI Prudential Life Insurance coverage, Societe Generale, Goldman Sachs Investments Mauritius and Viridian Asia Alternatives Grasp Fund, which collectively acquired round 2.61 crore shares. The transaction was executed at a median worth of ₹155.1 per share on the NSE.
9/9Fertilizers and Chemical substances Travancore | FACT, fertiliser maker mentioned that it has been charged ₹438.20 crore in penal curiosity on its excellent Authorities of India mortgage, efficient April 1, 2018. Of the entire, ₹389.51 crore pertains to the interval as much as March 31, 2026, whereas ₹48.69 crore pertains to FY27.
