Tata Trusts proposes a major overhaul of Tata Sons to realign its structure, while other Indian companies announce strategic acquisitions and partnerships, maintaining intense market attention.
Tata Group stocks are likely to stay in the spotlight after Tata Trusts proposed a major restructuring of Tata Sons that would merge Tata Electronics Systems Solutions and Tata Consulting Engineers into the holding company. According to the Trusts’ statement, the plan is intended to strip Tata Sons of its classification as a non-banking financial company and a core investment company, bringing its structure back in line with what the Trusts describe as its historic operating model. The proposal has been sent to Tata Sons chairman N Chandrasekaran, but it still needs board consideration and a prior no-objection certificate from the Reserve Bank of India, which has kept Tata Sons on its list of upper-layer NBFCs and rejected its bid to deregister as an NBFC-investment credit company.
Anupam Rasayan India has completed its acquisition of a 48.2% controlling stake in Bliss GVS Pharma at ₹299 a share, cementing a deal that had first been outlined in May. The company said the purchase, made through its wholly owned subsidiary Mates Visa Consultancy, follows the mandatory open offer and is part of its third strategic acquisition. Business Standard earlier reported that the transaction was structured to lift Anupam Rasayan’s exposure to pharmaceutical formulations, while recent disclosures indicate the company funded the purchase with a ₹300 crore term loan and about ₹1,450 crore from non-controlling, non-voting instruments raised from investors including Bain Capital, Trust Group and Investec.
HCLSoftware has also announced plans to buy Robotiq.ai, a Zagreb-based provider of enterprise robotic process automation software, as it looks to push further into AI systems that can carry out work as well as make decisions. The company said Robotiq.ai’s tools would extend HCL UnO Agentic from orchestration into execution, particularly in business applications where programming interfaces are limited or unavailable. Elsewhere in the technology and infrastructure space, Indian Railway Finance Corporation signed a ₹4,200 crore term loan deal with Damodar Valley Corporation to support renewable energy projects in Jharkhand and West Bengal, while NCC received a ₹1,076.71 crore order from Andhra Pradesh’s rural water supply department for a drinking water scheme in Anakapalli district.
Several other companies also announced developments likely to keep their shares active. Pidilite Industries entered a strategic partnership with South Korea’s Hwaseung Chemical to bring footwear adhesives into more Indian manufacturing segments, and Zydus Lifesciences said a US Food and Drug Administration inspection of its Ahmedabad plant ended with one observation and no data integrity concerns. In addition, Great Eastern Shipping said it will acquire a new Suezmax tanker for delivery in the second half of FY29, Power Mech Projects won a ₹279.20 crore operations and maintenance contract from Telangana Power Generation Corporation, and Ola Electric’s board approved a rights issue of partly paid shares to raise as much as ₹1,000 crore.
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