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9 Companies Make Major Corporate Announcements in 24 Hours: Key Updates for Investors.
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CNBC Awaaz•20-09-2026, 22:20
9 Companies Make Major Corporate Announcements in 24 Hours: Key Updates for Investors.
- •Refex Industries corrected a ₹160 crore contract for lifting 10 lakh Metric Tonnes of Pond Ash and Fly Ash, to be completed in 18 months.
- •Coforge launched 'Value Gates Framework' for AI investments and expanded AI-Powered Vehicle Lifecycle Intelligence.
- •Birla Corporation's subsidiary received a show cause notice for an alleged ₹15.02 crore excess input tax credit, which the company disputes.
- •Utkarsh Small Finance Bank appointed Manmohan Shetty as CFO, effective September 19, 2026, bringing over two decades of finance experience.
- •Knowledge Marine & Engineering Works (KMEW) secured a ₹279 crore Green Tug order from Mumbai Port Authority, its third such contract.
Key Questions Answered
Refex Industries clarified that its contract for lifting Pond Ash and Fly Ash under RCR Mode from a Madhya Pradesh PSU is for 10 lakh Metric Tonnes, valued at approximately ₹160 crore and to be completed within 18 months.
The Board of Utkarsh Small Finance Bank approved the appointment of Manmohan Shetty as Chief Financial Officer and Key Managerial Personnel, effective from September 19, 2026.
Knowledge Marine & Engineering Works received a work order worth ₹279.33 crore from the Mumbai Port Authority to charter a 60-ton Bollard Pull Battery-Operated Electric Green Tug for 15 years.
