Dredging Corporation Of India Capacity Expansion: ₹0.3 Cr Investment
Dredging Corporation of India Limited commissioned a 150 kW solar rooftop plant at its Visakhapatnam head office. The project, implemented under PM Surya Ghar Yojana, is expected to save ₹0.30 Crore annually while reducing carbon emissions by 240 tonnes. This initiative aligns with national renewable energy priorities and enhances operational cost efficiency.
Suba Hotels Limited signed a binding agreement with Kanha Realty to operate a new 75-key 'Comfort Inn' hotel in Vadodara, Gujarat. The arrangement follows a revenue-share model for a 15-year term. This move aligns with the company's asset-light expansion strategy to strengthen its hospitality portfolio in the region.
Vardhman Textiles Ltd's Board approved a ₹125 Crore capacity expansion for its garment unit in Punjab. Production capacity will increase from 2.20 million to 4.50 million shirts annually by FY 2026-27. This expansion aims to broaden the product portfolio and attract premium international brands.
CarTrade Tech Limited is relocating its registered office from Vashi to Turbhe, Navi Mumbai, effective June 01, 2026. The new office remains within the same city limits. This administrative shift was approved by the Board of Directors on May 07, 2026.
Awfis Space Solutions expanded its Chennai footprint by launching two premium centres at Olympia Crystal and DLF Cyber City, totaling ~114,000 sq. ft. This expansion brings its total Chennai presence to 28 centres covering ~875,000 sq. ft. The move targets growing demand from Global Capability Centres (GCCs) and large enterprises for flexible, Grade A workspaces.
Gandhar Oil Refinery (India) Ltd has completed the acquisition of an 18,353 sq. mtrs. land parcel in Silvassa from Narmada Creations for ₹22.78 Crore. The land adjoins its existing factory location, supporting future operational needs.
Kabra Drugs Limited announced strategic expansion into pharmaceutical manufacturing and AI-integrated defense technologies. Key initiatives include establishing an R&D facility at Cactus TECCI Park, Chennai, and obtaining a SCOMET license. The company also appointed Mr. Alagiamanavalan as an Independent Consultant for defense projects to drive diversification and long-term value creation.
Execution
Phase 1 focusing on South India; project implementation initiated immediately
Svam Software Limited has approved the establishment of its Corporate Office in Indore, Madhya Pradesh, effective May 6, 2026. The new office is located at Clifftan Corporate Park, A.B. Road. This administrative move was finalized during a board meeting held on May 6, 2026.
Classic Filaments Limited has changed the venue for its Board of Directors meeting scheduled for May 11, 2026. The meeting will now be held at 74, Janpath, New Delhi, instead of the company's registered office. All other details from the prior intimation remain unchanged.
Allied Blenders and Distillers Limited received approval to set up a greenfield IMFL bottling plant in Andhra Pradesh. The plant will have an annual capacity of approximately 46.5 lakh cases. This expansion follows the revival of a Letter of Intent valid until September 2028, strengthening the company's manufacturing footprint.
Kiaasa Retail Ltd announced the opening of three new 'KIAASA' brand exclusive retail outlets in April 2026. The new stores are located in Nagpur (Maharashtra), Raipur (Chhattisgarh), and Patna (Bihar). This expansion increases the company's retail footprint across India.
Garware Hi-Tech Films Capacity Expansion: ₹191 Cr Investment
Garware Hi-Tech Films Limited approved a ₹191 Crore capacity expansion for a New Lamination Line (SCF) at its Waluj facility. The project adds 1200 LSF/P.A. capacity over a 14-month execution period, funded via internal accruals to support future growth.
Bank of Baroda received a Letter of Appointment from PFRDA to act as a Sponsor of Pension Fund. Consequently, the bank proposes to establish a new Pension Fund Management Company, subject to regulatory approvals. This expansion marks the bank's strategic entry into the pension fund management sector.
NDR InvIT inaugurated a new 1 lakh sq ft Grade A warehousing facility at Verna Industrial Estate, Goa. This expansion brings its total Goa portfolio to 1.3 million sq ft, making it the state's largest developer. The facility is fully leased to a leading manufacturing client, supporting India's manufacturing-led growth and supply chain ecosystem.
Nandani Creation Limited signed two new franchisee stores for its 'Jaipur Kurti' brand in Karol Bagh and Rohini, Delhi. The stores, sized 800-1000 sq ft, are scheduled to open in May 2026. This expansion aligns with the company's goal to add 20 stores over the next 18-24 months.
Cochin Shipyard Limited (CSL) received cabinet approval to develop a state-of-the-art Ship Repair Facility at Vadinar, Gujarat, with a ₹1,570 Crore investment. CSL will invest ₹920 Crore in infrastructure, including two large floating docks, and operate the facility. The project, slated for completion in 36 months, targets repairs for large commercial and foreign-flagged vessels up to 300m.
Espire Hospitality Limited signed an agreement with Marriott International to manage a new 151-key 'JW Marriott Resort & Spa' near Vrindavan, opening January 2029. The company also signed five additional hotels in Goa, Katra, Patna, Dehradun, and Rishikesh, expanding its portfolio to 20 properties.
Lemon Tree Hotels signed a license agreement for a new 95-room hotel in Ahilyanagar, Maharashtra. To be managed by subsidiary Carnation Hotels, this marks the brand's 30th property in the state. The expansion targets the region's spiritual tourism and industrial growth corridors.
DCX Systems' joint venture, ELTX Systems, has broken ground on a new radar manufacturing facility in Shoolagiri, Tamil Nadu. Developed in partnership with Israel Aerospace Industries (IAI), the plant will focus on advanced defense electronics and is scheduled for completion by April 2027. This expansion supports India's 'Make in India' initiative in defense manufacturing.
Execution
Construction expected to be completed by April 2027
Mangal Credit and Fincorp Ltd will inaugurate a new branch in Nallasopara (East), Maharashtra, on May 6, 2026. This expansion enhances the company's retail presence in the state.
Ginni Filaments Limited approved a ₹132 Crore capacity expansion across its Panoli and Haridwar facilities. The projects include a new spun lace line, solar power plant, and expansion in kitchen roll, medical, and cosmetic divisions. Completion is targeted between December 2026 and April 2027, funded through 75% term loans and 25% internal accruals.
Heads Up Ventures Limited has relocated its Corporate Office within Ahmedabad, Gujarat, effective May 5, 2026. The office shifted from Aryan Work Space to a new facility at Supath-2, Usmanpura. This administrative relocation is being disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.
SRF Limited has approved an enhanced capital expenditure of ₹2,285 Crore for setting up fourth-generation refrigerant and chemical plants in Gopalpur, Odisha. The project includes HFO and AHF production facilities with forward integration. Expected to be completed by February 2028, the investment aims to strengthen the company's position in the next-generation fluorochemical value chain.
SRF Ltd approved a ₹88 Crore capital expenditure to expand its HFC production capacity beyond 65,000 MTPA. The project, funded by debt and internal accruals, is expected to be completed within 8 months. This expansion aims to fully utilize eligible production allowances arising from historical HCFC-22 production.
SRF Limited has approved an indefinite delay for its proposed ₹490 Crore BOPP Film manufacturing facility in Indore, Madhya Pradesh. The decision follows a reassessment of the operating environment and market demand. The company remains focused on sustainable growth through diversification and high-value segments.
Sunita Tools Limited has established a new full-time office in Chicago, USA, for its subsidiary, Sunita Defence Inc. The facility will focus on bidding for defense contracts, including 155mm M107 shells, and exploring acquisitions in the aerospace and engineering sectors. This move signals the company's strategic expansion into the North American defense market.
Envair Electrodyne Ltd received in-principle approval from IPICOL for a new Copper Clad Laminated (CCL) manufacturing project in Odisha. The Greenfield project involves an investment of ₹136.87 Crore and is expected to be completed within 2 years. The facility will have an installed capacity of approximately 31,20,000 sq.mtr per annum.
AGI Greenpac has commenced construction of a ₹1,000 Crore Greenfield aluminium beverage can plant in Hathras, Uttar Pradesh. The facility, spread across 34 acres, will launch with a 1.6 billion annual can capacity in H1 2027. This strategic expansion targets the fast-growing premium beverage market and enhances the company's integrated packaging portfolio.
Value
₹1,000 Cr
Execution
Operations scheduled to commence in first half of 2027
Lehar Footwears Ltd is expanding its sports and athleisure manufacturing capacity 5x by establishing a new facility in Kundli, Haryana. The unit aims to scale production from 1 lakh to 5 lakh pairs per month in phases, with commercial operations expected from Q2FY27. This expansion supports the company's premiumisation strategy for its 'Rannr' brand and OEM segments.
Lehar Footwears Ltd is establishing a new footwear manufacturing unit in Kundli, Haryana, with an investment of up to ₹25 Crore. The expansion will add a capacity of 5 lakh pairs per month in phases. Commercial production is scheduled to commence in July 2026, funded through internal accruals.
