Amber Enterprises | The company’s subsidiary IL JIN Electronics has acquired an 80% stake in Shogini Technoarts for about ₹506 crore, effective December 1, 2025. With this deal, Shogini becomes a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises.
Hero MotoCorp | The company has reported a strong November performance with total dispatches up 31% year-on-year to 6,04,490 units, beating the CNBC-TV18 estimate of 5.95 lakh. Domestic sales rose 12.4% to 5.70 lakh units, while exports surged 69.7% to 33,970 units. The company said post-festive demand, supportive sentiment and traction for new models drove the growth.
Ambuja Cements | The company has commissioned a 4 MTPA brownfield clinker expansion at its Bhatapara unit in Chhattisgarh. With the new capacity fully operational, the company’s consolidated clinker capacity has risen to 66 MTPA.
Hindustan Unilever Ltd | HUL announced the appointment of Vandana Suri as executive director, home care, effective January 1, 2026. She replaces Srinandan Sundaram, who will become CEO of Unilever International. Suri, currently GM for beauty & wellbeing at Unilever Indonesia, has over 20 years of experience across India, South Asia and Indonesia.
Indian Hotels Company | IHCL said its subsidiary Roots Corporation Ltd has acquired 51% stakes in Pride Hospitality and ANK Hotels through separate agreements, investing ₹81.2 crore and ₹109.3 crore, respectively. With these transactions, both entities become RCL subsidiaries, adding over 140 midscale hotels under The Clarks Hotels & Resorts brand to IHCL’s portfolio.
Bajaj Housing Finance | The company said that promoter Bajaj Finance plans to sell up to 2% of its stake through open-market transactions to meet minimum public shareholding norms. Bajaj Finance currently holds 88.70% in the company. The sale of up to 166.6 million shares will be carried out in tranches between December 2, 2025, and February 28, 2026.
KEI Industries Ltd | The company has begun trial production at its new greenfield facility in Sanand, Ahmedabad, as part of its capacity expansion for LT, HT and EHV cables. The first phase covers LT and HT cables, with commercial production expected to start by December 10, 2025, following a muhurat puja at the site.
Afcons Infrastructure | The company part of the Shapoorji Pallonji Group, said on Monday that it secured ₹884 crore worth of EPC contracts in November under its marine and industrial business unit. The company said the orders were booked across the BU during the month.
Bharat Dynamics Ltd | The company said it has secured additional orders worth ₹2,461.62 crore since its November 13 update. The new orders include anti-tank guided missiles and surface-to-air missiles under emergency procurement.
The government has confirmed a stake sale in Bank of Maharashtra via an Offer for Sale (OFS), opening tomorrow for non-retail investors and on Wednesday for retail buyers. It will sell 5% equity with an additional 1% green-shoe option. The floor price is set at ₹54 per share, at a discount to the current market price.
NMDC Ltd | The company reported an 11% year-on-year rise in November iron ore production to 5.01 mt, while sales increased 4.3% to 4.17 mt, as per provisional exchange data. Output grew across both regions, with Chhattisgarh producing 3.58 mt and Karnataka 1.43 mt.