DSIJ Mindshare

The board of directors of Mahindra CIE Automotive has approved the acquisition of 100 per cent of the issued and outstanding share capital of Aurangabad Electricals and authorized the signing of a share purchase agreement. 

KEC International, an infrastructure EPC major, has secured new orders of Rs. 1,323 crore across its various businesses, according to the company’s exchange filing.

Adani Transport, a wholly-owned subsidiary of Adani Enterprises, has received Letter of Awards for 2 hybrid annuity road projects (HAM) from National Highways Authority of India (NHAI) in the state of Telangana.

Welspun Corp has received additional pipe orders of 212 KMT on a global basis. The shares gained almost 5 per cent on an intraday basis.

PSP Projects has received work orders worth Rs 601.21 from multiple clients. The shares of the company have climbed over 3 per cent in the morning session.