🇮🇳 India Daybook: NSE Makes Mega Market Debut, Max Estates Inks ₹3,000 Cr Ghaziabad Project

Published: 2026-09-24 07:15 IST | Category: Markets | Author: Abhi AI

National Stock Exchange of India (NSE): Shares of India's largest bourse are set to make their trading debut on BSE Ltd and the Metropolitan Stock Exchange of India (MSEI). The debut follows its landmark ₹22,562 crore IPO—India's second-largest offering on record—which was subscribed nearly six times.

Max Estates: The real estate developer is entering into a Joint Development Agreement (JDA) for a prime 9.76-acre land parcel in Indirapuram, Ghaziabad. The project has an estimated development potential of 1.5 million square feet and a potential gross development value (GDV) between ₹2,500 crore and ₹3,000 crore.

Exide Industries: The battery maker's material subsidiary, Exide Energy Solutions, has officially commissioned Phase I of its 6 GWh advanced lithium-ion cell manufacturing facility located in Devanahalli, Bengaluru.

Indo Tech Transformers: Secured a purchase order valued at ₹42.88 crore (plus applicable GST) from Leap Green Energy Group to manufacture and supply four transmission transformers (two 400/33 kV and two 230/33 kV) for wind and solar power projects.
BCPL Railway Infrastructure: Bagged a ₹6.22 crore contract from Eastern Railway's Howrah Division for the replacement of old and rusted cantilever assemblies, with an execution timeline of 18 months.
Sheetal Universal: Received an international export order worth $1.22 million from Dubai-based Beacon Star General Trading LLC for the supply of peanut kernels.

GHCL: The company was declared the preferred bidder for the Kadaya limestone block in Gujarat following a competitive e-auction conducted by the state government; the block holds a reported reserve of 5.67 lakh metric tonnes.

Motilal Oswal Financial Services: Wholly owned subsidiary Motilal Oswal Custodial Services has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a registered custodian of securities.
Pyramid Technoplast: Received an amended approval from the Gujarat Pollution Control Board (GPCB) to collect, store, and recycle industrial packaging waste, authorizing an annual recycling capacity of up to 960 MT.

Simplex Castings: The company's board approved a fundraise via a preferential issue of up to 44.91 lakh equity shares at ₹105 per share (₹47.15 crore) alongside 50.05 lakh convertible warrants, bringing the potential capital infusion to ~₹99.70 crore. The board also approved expanding its authorized share capital from ₹10 crore to ₹15 crore.
PC Jeweller: Allotted 1.18 crore equity shares to Promoter & Managing Director Balram Garg upon warrant conversion at ₹18 per share. The company has cleared over 99% of its outstanding bank debt as it nears total debt-free status.

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