Lemon Tree, Vikram Solar, Titagarh Rail: Corporate Actions Today

Lemon Tree Hotels, Vikram Solar, and Titagarh Rail Systems are making notable corporate moves today, alongside significant contract wins for B.R.Goyal Infrastructure and Relicab Cable Manufacturing. These developments span hospitality expansion, strategic acquisitions, and new infrastructure projects.

Lemon Tree Hotels Expands in Vadodara

Lemon Tree Hotels has launched Lemon Tree Premier, Vadodara, bolstering its presence in a key commercial and cultural hub in Gujarat. This upscale property is managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.

• New Property: Lemon Tree Premier, Vadodara
• Managed by: Carnation Hotels (wholly owned subsidiary)
• Existing Vadodara Properties: Three (across Lemon Tree Hotel, Keys Lite, and Keys Select brands)

Vikram Solar Completes Australian Acquisition

Vikram Solar has finalized the acquisition of the entire shareholding of Vikram Solar Australia. This strategic move makes Vikram Solar Australia a wholly owned subsidiary of the company.

• Acquisition Target: Vikram Solar Australia
• Outcome: Became a wholly owned subsidiary

Titagarh Rail Systems Partners with Siemens

Titagarh Rail Systems (TRSL) signed a non-binding Memorandum of Understanding (MoU) with Siemens to jointly explore international metro rolling stock opportunities. This collaboration is set to strengthen TRSL’s commitment to promoting local manufacturing in India.

• Partner: Siemens
• Agreement Type: Non-binding MoU
• Focus: Jointly evaluate international metro rolling stock opportunities
• Strategic Goal: Strengthen local manufacturing in India

B.R.Goyal Infrastructure Secures NHAI Work Order

B.R.Goyal Infrastructure has received a substantial work order from the National Highways Authority of India (NHAI). The contract is for engaging a user fee agency at the Surapattu Fee Plaza in Tamil Nadu.

• Client: National Highways Authority of India (NHAI)
• Project: User fee agency for Surapattu Fee Plaza
• Location: Tamil Nadu
• Accepted Value: Rs 119.84 crore

Game Changers Texfab Inaugurates Flagship Centre

Game Changers Texfab opened its new flagship experience centre in Lajpat Nagar, New Delhi. The facility, spanning approximately 10,000 sq. ft., functions as a multi-format retail and brand experience destination.

It brings together the company’s fabric, apparel, and allied product offerings under one roof, now fully operational for customers.

• New Centre Location: Lajpat Nagar, New Delhi
• Area: Approximately 10,000 sq. ft.
• Function: Multi-format retail and brand experience destination

Relicab Cable Manufacturing Wins Control Cable Contract

Relicab Cable Manufacturing secured a contract from a leading global importer of wires and cables operating in India. This order involves the supply of Control Cables.

• Contract Value: Around Rs 2.26 crores (Including GST)
• Product: Control Cables
• Expected Completion: On or before October 31, 2026

Shalibhadra Finance Expands in Gujarat

Shalibhadra Finance has opened a new branch in Jamnagar, Gujarat, bolstering its regional footprint. This expansion aims to better serve rural and semi-urban customer segments with specialized financing solutions.

Jamnagar’s strong economy, driven by industrial hubs and agricultural wealth, generates consistent commuting needs that align with Shalibhadra’s offerings.

• New Branch Location: Jamnagar, Gujarat
• Target Segments: Rural and semi-urban customers