15 stocks to watch today: Honasa, NBCC, TMPV, Cipla, Welspun and more

Several stocks are likely to remain in focus today following key corporate developments, including fresh orders, fundraising plans, regulatory updates, strategic initiatives and business agreements.

Honasa Consumer, the parent of Mamaearth and The Derma Co, has called off its proposed acquisition of a 58 per cent stake in the nutraceuticals company Fluence Pharma, citing non-fulfilment of the closing conditions under the share purchase agreement. Earlier, in June, Honasa had entered into a deal to acquire a 58 per cent stake in Fluence Pharma through a secondary purchase at an enterprise value of Rs 135 crore, subject to closing adjustments and fulfilment of conditions precedent.

Varun Beverages: Plans new alcoholic beverages subsidiary

The board of Varun Beverages has approved the incorporation of a wholly owned subsidiary, KIVA Spirits and Company Ltd., to undertake the business of RTD alcoholic beverages and allied products, subject to requisite approvals. The proposed subsidiary will have an authorised share capital of ₹10 crore and paid-up equity share capital of ₹9 crore. The company has appointed Prathamesh Mishra, former Chief Commercial Officer at Diageo India, as CEO and Managing Director of the new subsidiary. Separately, Varun Beverages is also setting up a joint venture in Tunisia to produce and distribute carbonated soft drinks, juices, water, and dairy products.

Welspun Corp: Promoters plan ₹1,417-crore stake sale

Welspun Corp is set to witness a sizeable block deal as members of the promoter group, along with the company’s Managing Director and CEO, Vipul Mathur, are seeking to divest up to 6.3 million shares through an institutional placement on the Indian stock exchanges. The transaction could raise up to ₹1,417 crore (approximately $149 million) at the indicated floor price. Together, the stake sale represents around 2.4 per cent of Welspun Corp’s total outstanding equity.

Tata Communications and Tata Motors Passenger Vehicles: Sierra.ev gets 5G connectivity

Tata Communications and Tata Motors Passenger Vehicles (TMPV) have announced collaboration to power the newly launched Sierra.ev, with in-built 5G cellular connectivity, paving the way for futuristic Software-Defined Vehicles (SDVs).

Cipla: US FDA flags seven observations

Cipla Ltd informed the exchanges that it has received a Form 483 with seven observations from the US FDA following a follow-up Current Good Manufacturing Practices inspection at its Pithampur facility in Madhya Pradesh. The audit, conducted from August 17 to August 25, represents ongoing regulatory scrutiny for the plant, which has been under a warning letter since November 2023. The company has stated it will work closely with the USFDA to address these procedural observations within the stipulated timeframe.

Citadel Realty and Developers: Bhandup land transfer approved

The board of Citadel Realty and Developers Ltd has approved a proposal to transfer a freehold land parcel measuring 1,880.80 square meters situated at Bhandup, Mumbai, to a related party. (Shree S S Infra Developers Private Limited). The value of the transaction represents approximately 30% of Citadel Realty’s annual consolidated turnover for the immediately preceding financial year. For the counterparty, it represents 0.03% of its annual consolidated turnover.

HEG: Demerger sets September 1 effective date

HEG Ltd, a leading global manufacturer of graphite electrodes and part of the LNJ Bhilwara Group, has completed the final operative steps of its Composite Scheme of Arrangement, which will result in the creation of two strong, independent, listed entities. The board has approved September 1 as the Effective Date and September 7 as the Record Date for shareholder entitlement. Under the demerger, shareholders of HEG as on the Record Date will receive one fully paid-up equity share of face value ₹2 in the resulting company for every one equity share of face value ₹2 held in HEG, a 1:1 entitlement. As part of the same Scheme, Bhilwara Energy Limited will be amalgamated into HEG, with HEG issuing eight equity shares of face value ₹2 for every seven equity shares of face value ₹10 held in Bhilwara Energy Limited.

Ather Energy: Approves ₹1,200-crore preferential allotment

Ather Energy Ltd has approved the allotment of 16,26,016 fully paid-up equity shares and 79,36,507 convertible warrants on a preferential basis, aggregating to approximately Rs 1,200 crore. The board of directors approved the allotment via a circular resolution on August 25, 2026, following prior approvals from the board on July 15, shareholders at the Extraordinary General Meeting on August 14, and in-principle approvals from the BSE and NSE on August 17.

Monarch Surveyors and Engineering Consultants: Wins ₹10.4-crore Buldhana work order

The Monarch Surveyors and Engineering Consultants Limited has recently received a Work Order for Selection of Agencies for Licensed Surveyors for District Superintendent of Land Records, Buldhana. The total order value of the project is Rs. 10.40 crore.

Sai Parenterals: Australian unit renews ₹204-crore supply deal

Sai Parenterals Ltd, an Integrated CDMO and branded generics enterprise, has announced that its Australian subsidiary, Noumed Pharmaceuticals Pty Ltd, has renewed its OTC Medicines Supply Agreement with one of Australia’s leading, multi-billion-dollar pharmacy chains. The renewal includes an expanded product portfolio, an extended agreement tenure, and a higher agreement value, and is projected at AUD 30 million (approximately Rs 204.0 crore) over a three-year term, effective immediately.

Advait Energy Transitions: Secures ₹134.62-crore work order

Advait Energy Transitions Ltd (formerly known as Advait Infratech Limited) has secured a significant domestic work order valued at Rs 134.62 crore, inclusive of taxes. The turnkey contract was awarded by Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL).

ARSS Infrastructure Projects: Wins ₹104.06-crore railway order

ARSS Infrastructure Projects Ltd has secured a major domestic infrastructure work order valued at Rs 104.06 crore from East Coast Railway (ECoR). The contract entails the construction of two Road Over Bridges (ROBs) on the Howrah-Visakhapatnam Main Line under the Khurda Road Division:

NBCC (India): Secures ₹121.74-crore school project

NBCC (India) has secured a domestic work order valued at approximately Rs 121.74 crore (excluding GST) from the Rajasthan Council of School Education. The project involves serving as the Project Management Consultant (PMC) for the construction of 170 new school buildings to replace dilapidated existing school structures. The development falls under the Supplementary Project Approval Board (PAB) 2025-26 initiative.

Jaykay Enterprises: Subsidiary bags ₹60-crore BrahMos order

Jaykay Enterprises Limited has announced that its step-down subsidiary, Allen Reinforced Plastics Ltd, has bagged a significant commercial order valued at approximately Rs 60.01 crore, inclusive of GST, from BrahMos Aerospace Private Limited.

Published on August 26, 2026