AHMEDABAD, 23 FEBRUARY:

NTPC Green Energy: Company group adds 158.4 MW as part capacity of 250 MW solar PV project in Andhra Pradesh declared commercially operational by solar energy corporation of India limited (Positive)

Vikram Solar: Company signs a strategic domestic cell procurement agreement with Jupiter International (Positive)

JSW Infrastructure Ltd: Company approved the appointment of Mr. Kartick Maheshwari as an Independent Director for a 3-year term & authorized raising funds up to ₹2,500 Cr via equity shares (QIP, FPO, Rights Issue etc.). (Positive)

Intellect Design Arena: Company launches Purple Fabric-powered Tech Services TeamSpace, bringing 150+ AI capabilities (Positive)

Gulf Oil Lubricants India: Company renews multi-year agreement with Mahindra tractors; partnership spans over a decade (Positive)

Bharti Airtel: Company and Zscaler announce launch of AI & cyber threat research centre to advance cyber resilience and trusted AI adoption (Positive)

Railtel: Company in consortium with Ashoka Buildcon, gets an LOI from govt of Maharashtra with an expected financial impact for the five-year contract period to be approx. Rs 1136.18 crores (Positive)

RPP Infra: Company wins order worth Rs 205 crore (Positive)

Hazoor Multi Projects Ltd: Company awarded work order worth ₹182.95 crores by Tata steel for construction of residential units; project to be completed in 24 months. (Positive)

Quality Power: Company unit receives received a Letter of Award (LOA) worth Rs 18 crore for the supply of Instrument Transformers (Positive)

Allcargo Terminals: Company’s January 2026 volume up 8% (YoY) (Positive)

Take Solutions: Company taps Anthropic to accelerate AI dominance in $370b healthcare sector (Positive)

NCC: Delhi High Court has directed that the debarment order will remain in abeyance until March 10, 2026. NCC is pursuing further relief as per the Court’s order. (Neutral)

UPL: Company to demerge India crop protection ops into UPL Global Sustainable Agri; to merge UPL Sustainable Agri Solutions with itself (Neutral)

ACI Infocom: Company announced the appointment of Mr. Sanjay Natvarlal Mandavia as an Additional Director (Executive) effective 21st Feb, 2026 (Neutral)

Central Bank of India: Company has signed a distributorship agreement with SBI Funds Management Limited to offer mutual fund products to its customers (Neutral)

Elgi Equipments: Company incorporates step-down wholly owned subsidiary Elgi Equipments Arabia company in kingdom of Saudi Arabia via Elgi compressors USA Inc (Neutral)

Ponni Sugars (Erode) Ltd: Company announced the re-appointment of Mr Ramanathan Narayanan as Managing Director for 3 years, effective April 1, 2026, to March 31, 2029 (Neutral)

Paras Defence: Company announced the incorporation of its new subsidiary, Paras Avionics Pvt Ltd on Feb 20, 2026 (Neutral)

PSP Projects: Company received an order in Form GST DRC-07 from the State Tax Officer, Ahmedabad, imposing a penalty of Rs 11.19 lakhs for FY19-20 (Negative)