- Niyogin Fintech board initiated a strategic review to unlock long-term shareholder value and formed a Strategic Review Committee to evaluate restructuring or other strategic alternatives. Further developments will be disclosed as per regulatory norms. Impact Neutral.
- BHEL filed a recovery suit of about Rs.143.21 crore against Raichur Power Corporation in the Bengaluru Commercial Court related to supply and services for a 2×800 MW thermal project. The final outcome will depend on the legal process timeline. Impact Neutral.
- Amber Enterprises completed the NCLT Chandigarh hearing for amalgamation of wholly-owned subsidiary AmberPR with the parent company. The tribunal has reserved its order and approval is awaited. The merger aims to simplify the corporate structure and improve operational efficiency. Impact Positive.
- Hathway Cable posted Q4 consolidated NP of Rs.11.25 crore, down 68% YoY and 48% QoQ. Revenue rose 6% YoY to Rs.545.85 crore and grew 2% QoQ. EBITDA declined 16% YoY to Rs.75.91 cr. while margins stood at 13.91% compared with 17.69% YoY and 14.43% QoQ. Impact Negative.
- Acme Solar commissioned a 16 MW wind power project through its subsidiary in Surendranagar district, Gujarat. The project received a commissioning certificate from the Gujarat Energy Development Agency, adding renewable capacity and strengthening the company’s clean energy portfolio. Impact Positive.
- Onesource Pharma received renewal of EU-GMP certification for its Unit II facility following inspection by a European regulatory authority. The unit handles biologics, sterile injectables and drug-device combination products, strengthening global compliance and export capability. Impact Positive.
