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IRFC | State-owned company said it has signed two major loan agreements worth a combined ₹16,489 crore to finance upcoming supercritical thermal power projects in Haryana and Maharashtra. At its Corporate Headquarters in Panchkula, IRFC signed a loan agreement with Haryana Power Generation Corporation Limited (HPGCL) for up to ₹5,929 crore. The funding will support the 800 MW (3rd Unit) supercritical thermal power project at Deenbandhu Chhotu Ram Thermal Power Plant (DCRTPP), Yamunanagar.
2 / 6Bharat Electronics | Navratna defence PSU announced that it has secured additional orders worth ₹1,092 crore since its last disclosure on September 16, 2025. The latest contracts cover a wide range of defence requirements, including Electronic Warfare (EW) system upgrades, defence network upgrades, tank sub-systems, TR modules, communication equipment, electronic voting machines (EVMs), as well as spares and services.
3 / 6Man Industries | Market regulator Securities and Exchange Board of India (SEBI) barred Man Industries and three of its top executives, including the chairman, from accessing the securities markets for two years over alleged fund diversion, according to an order issued on Monday. The regulator found the company failed to consolidate its unit, Merino Shelters, in its financials between fiscal years 2015 and 2021, misrepresented related-party transactions, and engaged in round-tripping of funds to mask its financial position.
4 / 6JSW Infra | Sajjan Jindal-led company said its subsidiary, Ennore Coal Terminal Private Limited (ECTPL), has received a show cause notice (SCN) from the GST authorities, alleging tax contraventions amounting to ₹96.58 crore. The notice, dated September 26, 2025, was issued by the Joint Commissioner, Office of the Commissioner of GST and Central Excise, Audit-II Commissionerate, Chennai, under Section 74(1) of the CGST/TNGST Act, 2017. The alleged contraventions pertain to the period April 2019 to March 2024.
5 / 6Godrej agroovet | The company has received an administrative warning from the Securities and Exchange Board of India (SEBI) for violations linked to delayed disclosures in its indirect acquisition of Astec Lifesciences. The market regulator, in a letter dated September 29, observed that the company failed to comply with disclosure requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
6 / 6M&M | Automaker said it has entered into a Share Purchase Agreement (SPA) with Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA) to sell its entire stake in Sampo Rosenlew Oy (SAMPO), a wholly owned subsidiary of the company. The agreement was signed on September 29, 2025, and the transaction is expected to be completed by October 6, 2025. Following completion, SAMPO will cease to be a wholly owned subsidiary of M&M. The consideration for the transaction is €5 million (approximately ₹52 crore at the prevailing exchange rate).
