Varroc Engineering Capacity Expansion: ₹2.59 Cr Investment

Varroc Engineering Acquisition Worth ₹47.7 Cr

Varroc Engineering executed definitive agreements to acquire a 45% stake in Forsee Power India. Aggregate consideration is capped at €4.5 million (about ₹47.7 Crore).

Value

₹47.70 Cr

Execution

Completion expected on or before December 31, 2026, subject to conditions precedent

Varroc Engineering Board Meeting Date

Varroc Engineering scheduled its Board Meeting for 4 November 2026 to approve Q2/H1 FY27 results. Trading window remains closed through 6 November 2026.

Varroc Engineering Merger & Restructuring

Varroc Engineering Limited is entering a joint venture with Forsee Power SA, France, to scale EV battery solutions in India, acquiring a 45% stake in the entity.

Varroc Engineering Acquisition Worth ₹47.7 Cr

Varroc Engineering will acquire a 45% stake in Forsee Power India Private Limited for up to € 4.5 million (approx. ₹47.7 Crore) to boost EV capabilities.

Value

₹47.70 Cr

Varroc Engineering Legal & Regulatory

Varroc Engineering received an RBI compounding order for a FEMA violation regarding delayed repatriation of foreign dues. The company paid a penalty of ₹3.91 Lakh.

Value

₹0.04 Cr

Varroc Engineering Other Announcement

Varroc Engineering has submitted the required details regarding its Compliance Officer and Registrar & Share Transfer Agent in compliance with SEBI Listing Regulations.

Shree Ajit Pulp & Paper Capacity Expansion

Shree Ajit Pulp and Paper will install 10 MW and 7 MW captive solar plants at Vapi. Unit 1 finishes this fiscal year; unit 2 next.

Execution

Unit 1 by end of current financial year; unit 2 in next financial year

solar capacity

17.0 MW

Neogen Chemicals Capacity Expansion: ₹45 Cr Investment

Neogen Chemicals' board approved a capacity addition of 600 MT/PA with a Rs 45.00 Crore investment. Funding will come from internal accruals and debt.

Value

₹45.00 Cr

Execution

By end of next financial year

manufacturing capacity

600.0 MTPA

Pind Hospitality Capacity Expansion: ₹0.12 Cr Investment

Pind Hospitality signed an 18-year agreement to lease a 0.8016-hectare resort site in Shimla. The security deposit paid is ₹0.12 Crore, with monthly rent of ₹1.1 lakh.

Value

₹0.12 Cr

Execution

18 years

Cantabil Retail India Capacity Expansion

Cantabil Retail opened 9 new showrooms and shops across India in October 2026. Total store count now stands at 699.

new showrooms/shops opened

9.0 showrooms

Sayaji Hotels Capacity Expansion

Sayaji Hotels entered a Hotel Management Agreement to operate a premium hotel at Bilaspur, Chhattisgarh under the ENRISE BY SAYAJI brand. The project spans minimum 70 rooms in Phase 1 and 40 in Phase 2.

hotel rooms (minimum, Phases 1 and 2)

110.0 rooms

Jay Ambe Supermarkets Capacity Expansion

Jay Ambe Supermarkets is opening a new store of 6,225 sq ft carpet area in Patan, Gujarat, on November 01, 2026. The company will have 18 stores after this opening.