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Safety Controls & Devices Ltd has received a Letter of Award (LOA) from U.P. Power Transmission Corporation Limited (UPPTCL) for an order aggregating ₹10.16 Crore. The contract involves the Engineering, Supply, Erection, and Commissioning of one 220kV GIS Bay and one 33kV GIS Bay, including the erection and commissioning of a 60MVA Power Transformer, for capacity enhancement at the Existing 220kV GIS Substation in Lucknow. The project is to be executed on a Turn-Key Basis within six months. This award signifies a significant business win for the company in the power transmission sector.

Purple Finance Ltd announced the launch of two new MSME-focused lending products: "PURPLE SARAL" (unsecured lending, launching Nov 1, 2026) and "SAKSHAM LAP" (secured lending, launching Oct 28, 2026). Additionally, a new institutional lending product for NBFCs in the MSME sector will be launched on Oct 28, 2026. These products aim to cater to the full spectrum of the MSME sector. The company also approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with a limited review report. The registered office of the company will be shifted effective October 23, 2026.

Purple Finance Ltd announced the launch of three new lending products following a Board of Directors meeting on October 22, 2026. The new offerings include "PURPLE SARAL" (unsecured lending for MSMEs, launching Nov 1, 2026), "SAKSHAM LAP" (secured lending for MSMEs, launching Oct 28, 2026), and a new institutional lending product for NBFCs in the MSME sector (launching Oct 28, 2026). The company also approved the shifting of its registered office effective October 23, 2026. Unaudited financial results for the quarter and half-year ended September 30, 2026, were also reviewed.

Saatvik Green Energy Limited has launched its Quad-Cut TOPCon 3.0 Dual Glass Bifacial Solar PV Module at the Renewable Energy India (REI) Expo 2026. This new module features N-type TOPCon 3.0 cell technology and a bifacial double-glass construction, offering a power output of up to 670 Wp and a maximum module efficiency of 24.8%. Under bifacial rating conditions, the output can reach up to 745 W. The module boasts a 30-year linear power warranty with only 0.35% annual degradation, supported by Munich RE insurance. This launch signifies Saatvik's strategic move into next-generation, high-wattage solar modules, targeting India's utility-scale and commercial solar markets. The company also highlighted its existing 4.86 GW module manufacturing facility and plans for a new integrated facility in Odisha.

Indian Bank announced an upward revision in interest rates for its special retail term deposit schemes, 'Ind Grow' (555 days) and 'Ind Prosper' (777 days). The rate for 'Ind Grow' has been increased from 6.65% to 6.80% per annum, and for 'Ind Prosper', it has been revised from 6.60% to 6.75% per annum. These revised rates will be effective from October 23, 2026. The decision was made by the Asset Liability Management Committee (ALCO) of the Bank.

Pitti Engineering's Board of Directors has approved a capital expenditure of ₹450 crores to enhance manufacturing capacities and value-addition capabilities. This investment will also consolidate the company's lamination manufacturing operations in Karnataka into a single integrated facility. The project is slated for phased implementation up to FY 2030-31. The expansion aims to support sustained demand growth in sectors like mining, off-highway vehicles, power generation, data centers, and railways, thereby improving operational efficiencies, optimizing costs, and driving future growth. The company plans to fund this through internal accruals and debt.

Cheviot Company Ltd has announced a revision in the maximum ex-factory prices for Jute Bags supplied to State Procurement Agencies. This revision, notified by the Office of the Jute Commissioner, covers the period from January 2021 to December 2023. The company expects this price adjustment to increase its sales realization by approximately ₹19 crores on the Government B-Twill Bags supplied during the specified period. All other terms and conditions of existing orders and contracts remain unchanged. The company became aware of the gazette notifications on October 22, 2026, after the Durga Puja holidays and promptly made the necessary disclosures.

LG Electronics India Ltd. (LGE India) has achieved the Great Place To Work® Certification for the third consecutive year. This recognition is based on employee feedback from the Trust Index™ survey and an assessment of workplace culture, highlighting LGE India's consistent focus on employee trust, engagement, and well-being. The company views this certification as a validation of its progressive HR practices and a key factor in attracting talent and enhancing shareholder confidence. LGE India has also recently received other accolades, including the "National Best Employer Brand" and "Top Organisation with Innovative HR Practices," with its Chief Human Resources Officer recognized for his leadership.

Patel Retail Limited announced its expansion into the Nashik district with a new store planned for Ghoti. Additionally, the company will open another store in Mangaon/Mahad, Raigad district. These additions are part of the company's ongoing retail expansion strategy, aiming to bring organized retail closer to customers. With these new outlets, Patel Retail's presence will extend across four districts: Thane, Raigad, Palghar, and Nashik. The company currently operates 54 stores and follows a cluster-based expansion approach. Patel Retail reported a Total Income of ₹1,059.29 crore, EBITDA of ₹83.08 crore, and Net Profit of ₹39.05 crore in FY26.

Property Share Investment Trust - Propshare Platina has entered into a non-binding term sheet for the proposed sale of all its assets. The transaction, valued at an Enterprise Value of approximately ₹410.13 Cr, involves the transfer of the entire share capital and all other instruments of its Special Purpose Vehicles (SPVs) to the Investment Manager of an Alternative Investment Fund (Category-II). The final Net Consideration will be subject to customary adjustments for working capital and other items, as well as applicable taxes. The deal is contingent upon the completion of due diligence, negotiation and execution of definitive agreements, and receipt of necessary approvals. This non-binding term sheet does not guarantee the consummation of the sale.