India Daybook: February 20, 2026
Published: 2026-02-20 07:15 IST | Category: Markets | Author: Abhi AI
TITLE: 🇮🇳 India Daybook: Inox Consortium Bags ₹1,900 Cr Deal; Alkem & IRCTC Trade Ex-Dividend
SUMMARY: The Indian markets are set for a high-action session today with an Inox-led consortium clinching a major acquisition of Wind World assets. Significant corporate actions also take center stage as over 25 companies, including Alkem Laboratories and IRCTC, trade ex-dividend, while JSW Infrastructure evaluates new fundraising plans.
CONTENT:
📍 ACQUISITION
- Inox Neo Energies & Authum Investment: A consortium of Inox Neo Energies and Authum Investment & Infrastructure has received approval to acquire the assets of bankrupt Wind World for approximately ₹1,800–₹1,900 crore. As part of the deal, Inox Green Energy will take over the massive 4.5 GW operations and maintenance (O&M) business.
- JSW Paints: The company is reportedly moving forward with the buyout of Akzo Nobel India, a strategic move expected to significantly shift the competitive landscape in the domestic decorative paints sector.
- Blue Cloud Softech: The Board of Directors is scheduled to meet today to consider and approve a proposal to acquire a 100% equity stake in a target company via a share swap arrangement.
📍 FUND RAISING
- JSW Infrastructure: The Board of Directors will meet today to consider and approve a proposal for raising funds to support future growth initiatives.
- Suraj Estate Developers: The company’s Board is meeting today to deliberate on a fund-raising proposal through the issuance of equity shares or other securities.
- Odigma Consultancy Solutions: A Board meeting is scheduled for today to consider various fund-raising options and other corporate business matters.
📍 DIVIDEND
- Alkem Laboratories: The stock will trade ex-dividend today for a substantial interim dividend of ₹43 per share.
- IRCTC: Shares will trade ex-dividend today for an interim dividend payout of ₹3.50 per share.
- Other Ex-Dividend Stocks: Several other companies are trading ex-dividend today, including The Bombay Burmah Trading Corporation (₹17), India Nippon Electricals (₹15.50), Nirlon (₹15), and Power Finance Corporation (₹4).
📍 STOCK SPLIT
- Titan Biotech: The company has fixed today, February 20, as the record date for its 1:5 stock split, where the face value will be sub-divided from ₹10 to ₹2 per share.
📍 LISTING & OTHERS
- Bonlon Industries: The company’s 1.41 crore equity shares will officially commence trading on the National Stock Exchange (NSE) today under the symbol 'BONLON'.
- BGR Energy: The company announced it has successfully settled its long-pending VAT dues with the Rajasthan state government.
- Bharat Forge: The company has entered into a strategic partnership with VVDN Technologies to collaborate on next-generation technology solutions.
- Dhunseri Ventures: The Board is slated to meet today to consider and declare an interim dividend for the current financial year.
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