Tickertape - Financial freedom begins here

The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Amod Nagric Co-operative Bank Ltd., Amod, Gujarat with The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad, Gujarat. All the branches of The Amod Nagric Co-operative Bank Ltd., Amod, Gujarat will function as branches of The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad, Gujarat with effect from December 15, 2025. The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat. All the branches of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat will function as branches of The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat with effect from December 15, 2025. The Schemes will come into force with effect from December 15, 2025 (Monday). Powered by Capital Market - Live

According to an exchange filing, the order involves the manufacture and supply of 142,400 concrete sleepers for the Ranchi and Kharagpur divisions of South Eastern Railway. The contract is scheduled to be executed within 24 months. The company further clarified that neither its promoters nor members of the promoter group have any interest in the awarding entity. Accordingly, the transaction does not fall under the category of related-party transactions as per applicable regulatory norms. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ' infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for railways in India and Africa. The outstanding order book for the company now stands at Rs 3,844 crore with total order inflow (including L1) for fiscal 2026 of Rs 949 crore. The company reported a 23.65% rise in consolidated net profit to Rs 21.80 crore in Q2 FY26, as against Rs 17.63 crore posted in Q2 FY25. However, revenue from operations declined 3.07% year-on-year (YoY) to Rs 278.67 crore in the quarter ended 30 September 2025. The counter shed 0.43% to settle at Rs 103.40 on the BSE. Powered by Capital Market - Live

According to an exchange filing, the company's India T&D business has bagged its largest-ever order from a reputed private player. The contract includes the execution of a 765 kV transmission line and a 765/400 kV air-insulated substation (AIS) on a lump-sum turnkey (LSTK) basis. In addition, KEC International's civil business has secured an order from a prominent private player for additional civil and structural works at a 150 MW thermal power plant. Vimal Kejriwal, MD & CEO, KEC International, commented, 'We are delighted with these order wins in India, particularly the significant composite order secured by our India T&D business for the evacuation of renewable energy. This order has substantially increased the share of private sector clients in our India T&D order book. The civil business has increased its presence in the growing thermal power plant segment. With these wins, our YTD order intake has crossed Rs 18,000 crore, reaffirming our confidence in achieving our annual order intake target.' The company is a global EPC player with operations across power transmission and distribution, civil infrastructure, transportation, renewables, oil and gas pipelines, and cables. KEC's consolidated net profit jumped 88.21% to Rs 160.75 crore in Q2 FY26, while revenue from operations rose 19.13% to Rs 6,091.56 crore. Its year-to-date order intake has crossed Rs 17,000 crore, up about 17% from last year. The counter rose 1.11% to settle at Rs 691.60 on the BSE. Powered by Capital Market - Live

According to an exchange filing, the order is for the supply of modules, cable assemblies and antennas for software-defined radios (SDRs). The contract is expected to be executed within a period of 9 to 12 months. The company further clarified that its group companies have an interest in the entity awarding the order. However, it stated that the transaction has been undertaken on an arm's-length basis. Astra Microwave Products is engaged in design, development, manufacture and supply of high value-added RF and microwave super components, sub-systems and systems finding for defense, space, telecom, meteorology, and civil communication applications. The company's consolidated net profit fell 5.87% to Rs 23.90 crore on a 6.55% increase in revenue from operations to Rs 214.58 crore in Q2 FY26 over Q2 FY25. The counter rose 0.47 to settle at Rs 906.90 on the BSE. Powered by Capital Market - Live