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Indian equity markets ended lower on Wednesday, September 24.

Tata Steel has infused Rs 4,054.66 crore into T Steel Holdings, raising 2025 investment to $460 million.

KEY POINTS
Indian equity markets ended lower on Wednesday, September 24. The Nifty 50 fell 113 points (0.45%) to 25,057, while the Sensex dropped 387 points (0.47%) to 81,715.63, tracking muted global cues and mixed corporate earnings. Stocks To Watch Today Tata Steel Tata Steel has increased its investment in T Steel Holdings (TSHP) through a fresh capital infusion. The company subscribed to 457.7 crore equity shares worth Rs 4,054.66 crore. Each share carries a face value of USD 0.1005, taking Tata Steel’s total 2025 investment in TSHP to $460 million. Waaree Energies Waaree Energies has infused Rs 300 crore into Waaree Energy Storage Solutions (WESSPL) via a rights issue. The company issued 60 crore partly paid-up equity shares at Rs 10 each, paying Rs 5 upfront, with the balance to be collected later. Akzo Nobel India Promoter Imperial Chemical Industries sold 5% of Akzo Nobel India in a block transaction valued at Rs 765 crore. Shares changed hands at an average price of Rs 3,358.8. Institutional investors were active, with Nippon India acquiring 1.8% for Rs 274 crore and WF Asian Smaller Companies Fund picking 1.2% for Rs 174 crore. Glenmark Pharma Glenmark Pharmaceuticals subsidiary Glenmark Specialty S.A. signed an exclusive license and collaboration agreement with Hengrui Pharma for Trastuzumab Rezetecan (SHR-A1811), a next-generation HER2-targeting antibody drug conjugate. Upfront payment: $18 million Milestone payments: Up to $1.093 billion Royalties: Based on net sales in the licensed territory Poly Medicure Poly Medicure, a leading medical device company, has agreed to acquire Medistream SA, including Citieffe SRL and subsidiaries in the US and Mexico, in a deal valued at Rs 324 crore. Piramal Enterprises The National Company Law Tribunal (NCLT) approved the merger of Piramal Enterprises with its subsidiary Piramal Finance. Post-merger, Anand Piramal will chair Piramal Finance, while Ajay Piramal continues to lead the group, and Swati Piramal retains her role as vice-chair. Indian Hotels Indian Hotels announced plans to expand its luxury footprint with a new Taj hotel in Visakhapatnam, Andhra Pradesh, featuring 310 rooms. Birla Corp RCCPL Private, a Birla Corporation subsidiary, secured the Kanpa-Junapani limestone block in Adilabad, Telangana, at 87.05% of the base price. IPOs Today SME Listing - JD Cables Mainboard Listings - Ivalue Infosolutions
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