20 stocks to watch: Lenskart, Natco Pharma, Power Grid, GHCL, Sigachi

From Lenskart’s proposed stake sale to fresh orders for Power Grid and BR Goyal Infrastructure, companies announced regulatory, investment, manufacturing, technology and business developments, including new projects, leadership changes, fund-raising plans and intellectual property gains.

According to market buzz, Softbank Vision Fund (SVF) II Lightbulb Cayman plans to sell up to a 2.6% stake in Lenskart Solutions, with a floor price of ₹635 per share.

USFDA approves Jubilant’s new line

Jubilant Pharmova Ltd has informed the exchanges that the US drug regulator, USFDA, has approved the commercial batch manufacturing of the first product on the new Isolator-based fill-and-finish line, Line 3, of Jubilant HollisterStier LLC (JHS)’s contract manufacturing facility located in Spokane, WA. US. Jubilant HollisterStier LLC is a subsidiary of Jubilant Pharma Holding Inc., which is a subsidiary of Jubilant Pharma Limited, Singapore, a wholly owned subsidiary of the company.

Caplin Steriles gets 10 USFDA observations

Caplin Point Laboratories has announced the completion of an unannounced inspection by the United States Food and Drug Administration at the manufacturing facility of its subsidiary, Caplin Steriles Limited. The inspection was conducted at the company’s injectable and ophthalmic manufacturing plant in Gummidipoondi, spanning August 13 to 21, 2026. At the conclusion of the audit, the US regulatory authority issued a Form 483 containing 10 observations. Caplin Point Laboratories clarified that all 10 observations are strictly procedural.

Natco Pharma, Choksi Labs receive USFDA observations

The U.S. Food and Drug Administration has issued a Form 483 with four observations to Natco Pharma after inspecting the generic drugmaker’s finished dosage formulations (FDF) unit in Visakhapatnam. The inspection was conducted from August 17 to 21, and the company said it believes the observations are procedural. Similarly, the US FDA inspected Choksi Laboratories Ltd’s central laboratory in Indore and concluded the inspection with four observations. On conclusion of the inspection, the Company received 4 (Four) observations. We are addressing the observations comprehensively and will respond to the USFDA within the stipulated timeframe.

Power Grid bags ₹822.91-crore order

Power Grid Corporation of India has secured a confirmed work order valued at ₹822.91 crore per annum through Tariff-Based Competitive Bidding (TBCB). The contract covers the development of a transmission system to integrate power from Renewable Energy Projects in Jam Khambhaliya REZ in Gujarat – Phase II (5,500 MW) and Jamnagar Phase-I (1,000 MW), totalling 6,500 MW of capacity. The project is awarded on a Build, Own, Operate and Transfer (BOOT) basis.

NTPC Renewable Energy wins 500 MW bid

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, has emerged as a successful bidder in the e-reverse auction conducted by SECI for Selection of RE Power Developers for Assured Peak Supply of 6000 MWh (1500 MW x 4 Hrs.) from ISTS-Connected RE Projects in India, under Tariff-Based Competitive Bidding (SECI-FDRE-IX). Under the terms of the Request for Selection (RfS), NTPC Renewable Energy has secured 500 MW contracted capacity at a discovered tariff of ₹6/kWh.

Diamond Power gets ₹52.86-crore cable order

Diamond Power Infrastructure Ltd has received a Letter of Intent (LOI) from Aurionpro Solutions Ltd for the supply of HT and LT electrical cables to a hyperscale data centre campus at Hyderabad. The LOI, valued at approximately ₹52.86 crore (Including GST), covers the HYD-20 package of the campus, for which Aurionpro is the appointed EPC contractor. Supplies commence immediately and are scheduled on a staggered basis in line with the site’s construction programme, delivered DAP Hyderabad. The contract is on a price-variation basis under the IEEMA formula with April 2026 base indices.

NGT dismisses challenges to GHCL project clearances

GHCL Ltd has informed the exchange that the National Green Tribunal’s (NGT) Western Zone Bench in Pune has dismissed all three appeals challenging the environmental and forest clearances for its greenfield soda ash project in Gujarat.

Kaynes Technology signs MoU with BOSGAME

Kaynes Technology India Ltd and BOSGAME have signed a strategic Memorandum of Understanding (MoU), marking an important step towards establishing and expanding BOSGAME’s presence in the Indian market. The collaboration brings together BOSGAME’s product innovation and intelligent computing portfolio with Kaynes Technology’s extensive capabilities in electronics design, engineering, integrated manufacturing, testing, supply chain management, and lifecycle support.

Craftsman Automation plans Germany entity

The board of Craftsman Automation has approved a proposal to incorporate Craftsman Fronberg Precision GmbH in Germany by Craftsman Germany GmbH, a wholly owned subsidiary of the Company, subject to completion of statutory and regulatory formalities and such approvals as may be required under applicable laws. The proposed entity is being incorporated to undertake machining and processing activities related to engine and engineering components. The incorporation is intended to support the development of in-house machining capabilities, strengthen operational flexibility, and support the future growth of the Group’s operations in Germany.

Ceinsys Tech loses ₹112.42-crore orders

Ceinsys Tech Ltd has issued an operational update regarding its ongoing work orders with the State Water and Sanitation Mission (SWSM), Water Supply and Sanitation Department (WSSD), Government of Maharashtra, revealing cancellation of Rs 112.42 crore worth orders. The disclosure follows previous announcements made on October 22, 2023, and October 9, 2024, concerning Letters of Award valued at Rs. 248.39 crore and Rs. 331.61 crore, respectively. These contracts pertained to the appointment of System Integrators for IoT deployment-encompassing design, implementation, and maintenance alongside a centralised IoT platform-for Jal Jeevan Mission Projects in Maharashtra. WSM informed Ceinsys Tech that because the sanctioned implementation funds for IoT under allocated MJP MVS schemes have been exhausted, the allocation for 617 ZP schemes stands cancelled. This cancellation results in an overall reduction of Rs. 112.42 crore in the value of the company’s pending executable orders, it said.

Refex Industries expands senior leadership

Refex Industries has announced changes to its senior executive team. As part of this leadership expansion, Anil S. Kulkarni has been appointed and designated as the Chief Business Officer for the Ready-Mix Concrete (RMC) Division within the Ash & Coal Handling Business Unit. Concurrently, Prasad Jakkaraju has been designated as Senior Management Personnel to serve as Vice President and Head of ESG (Environmental, Social, and Governance) within the ESG & EHS department.

Acutaas Chemicals approves ₹212-crore capex

The board of directors of Acutaas Chemicals Ltd has approved a substantial capital expenditure plan of up to Rs. 212 crore, earmarked for establishing a new greenfield or brownfield manufacturing plant in the state of Gujarat. The proposed facility will focus on producing new electronic-grade chemicals, a segment in which the company currently has no capacity and no utilisation.

Sigachi Industries approves preferential warrant issue

The board of Sigachi Industries has approved an increase in the company’s authorised share capital from Rs 43 crore to Rs 60 crore. The Board approved the issuance of up to 11 crore convertible warrants on a preferential allotment basis at an issue price of Rs 26.40 per warrant. These warrants, convertible into an equal number of equity shares with a Re. 1 face value within 18 months, will be allocated among 43 investors. Promoter Amit Raj Sinha is set to be allotted 7.5 crore warrants, while the remaining 3.5 crore warrants will be distributed among 42 identified non-promoter individuals and entities, including Trikaya Wealth Advisors Private Limited and Rajendra Prasad Adiraju.

BR Goyal Infrastructure gets ₹151.06-crore NHAI order

BR Goyal Infrastructure Ltd has received a work order from the National Highways Authority of India (NHAI) to engage a user fee agency through e-Tender for the Jajau Fee Plaza in the state of Madhya Pradesh. The accepted value of the said work order is Rs. 151.06 crore.

Tega Industries approves ₹95.40-crore preferential issue

The Board of Tega Industries has approved the creation, issue, and offer of up to 4,78,435 fully paid-up equity shares of face value Rs 10 each through a preferential issue on a private placement basis for a total cash consideration of Rs. 95.40 Crore. The proposed allotment is directed to AP Jupiter Holdings II, Ltd., a public category entity, following the Board’s consideration of an Expression of Interest letter submitted by the investor.

Titagarh Rail Systems opens new design centre

Titagarh Rail Systems Ltd has inaugurated its new Design & Operations Centre at its Passenger Rail Systems (PRS) facility in Uttarpara, West Bengal. The facility will serve as a hub for advanced engineering, design-led innovation and technology development, supporting Titagarh’s growing portfolio across passenger rail systems.

Mamata Machinery secures patent for Quadra 600

Mamata Machinery, a leading machinery solution provider in the flexible packaging industry, has announced that the Indian Patent Office (Intellectual Property India) has issued the grant order for its patent application relating to the production of 4-up BOPP bags on the Company’s Quadra 600 machine. With this grant, Mamata further strengthens the intellectual property protecting its converting machines and adds to its patent portfolio, reflecting its continued focus on product innovation.

Published on August 24, 2026