🇮🇳 India Daybook: DMart Hits Store Milestone, Aurobindo Pharma Secures USFDA Win**

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📍 ORDER WIN

• A leading NBFC has awarded a ₹540 crore contract for the construction and development of its new corporate office in Chennai.
• Affle 3i: The company has been granted another patent, further expanding its global intellectual property portfolio in the digital advertising space.

📍 ACQUISITION

• Aurobindo Pharma: The company is in the final stages of completing its $250 million acquisition of Lannett Company, which includes a major manufacturing facility in Indiana, USA.
• MIC Electronics: The Board of Directors is scheduled to meet on March 30 to consider two strategic acquisitions and a significant business restructuring plan.

📍 JOINT VENTURE

• Samvardhana Motherson: The company has executed a Joint Venture Agreement with Hellmann Worldwide Logistics to provide integrated 3PL and 4PL supply chain solutions to the global automotive industry.

📍 EXPANSION

• Avenue Supermarts (DMart): The retail giant opened three new stores over the last 48 hours, rapidly approaching its milestone of 500 operational stores across India.
• Jindal Stainless: Successfully commissioned its 1.2 MTPA stainless steel melt shop facility in Indonesia ahead of schedule via its joint venture entity.

📍 REGULATORY APPROVAL

• Aurobindo Pharma: Received 'Voluntary Action Indicated' (VAI) status from the USFDA for its Unit IV and Unit V facilities, marking the successful closure of recent inspections.

📍 DIVIDEND

• Vedanta: Trading ex-dividend today for an interim dividend of ₹11 per share.
• HUDCO: Trading ex-dividend for an interim dividend of ₹1.25 per share.
• Samvardhana Motherson: Trading ex-dividend for an interim dividend of ₹0.35 per share.
• Angel One & Hind Rectifiers: Both stocks will trade ex-dividend today following their recent payout announcements.

📍 FUNDRAISING

• NHPC: The board has approved a proposal to raise up to ₹8,000 crore through the issuance of corporate bonds or other debt instruments for FY 2026-27.

📍 CORPORATE ACTION

• Swiggy: The food delivery major has announced a hike in its platform fee, a move aimed at improving unit economics ahead of future growth phases.
• NTPC Green Energy: Formed a strategic partnership with Nxtra Data to supply renewable energy for data center operations.

📍 F&O BAN

• SAIL: Steel Authority of India continues to remain in the F&O ban for the current trading session.

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