Overview

• Grasim Industries’ Finance Committee approved issuance of up to Rs 1,000 crore in non-convertible debentures priced at Rs 100,000 apiece to tap debt markets.
• HCL Technologies entered into a global collaboration with UiPath to deploy agentic automation solutions and plans to establish an AI laboratory in India.
• Biocon secured Indian regulatory approval for its biosimilar version of Liraglutide for Type 2 diabetes in pre-filled pens and cartridges.
• Torrent Power signed a long-term LNG supply pact with BP Singapore to receive up to 0.41 million tonnes per annum from 2027 through 2036.
• UGRO Capital green-lighted a rights issue to raise up to Rs 400 crore at Rs 162 per share and MAN Industries outlined a plan to mobilize Rs 300 crore via promoter convertible warrants and fresh equity shares.