NIS Management Wins ₹14.65 Cr Order; Gravita, Dr Lal PathLabs Expand

NIS Management has secured a substantial work order valued at ₹14.65 crore from the Office of Chief Engineer (Patna), Building Construction Department. This order encompasses housekeeping, operation, and maintenance services for Officers Housing Premises at Gardanibagh, Patna.

Gravita India Expands Recycling Capacity

Gravita India is set to significantly boost its operational footprint by adding substantial copper recycling capacity at its Mundra, Gujarat facility. This strategic expansion targets the processing of copper-bearing recyclable materials.

• New Capacity: 59,200 Metric Tonnes Per Annum (MTPA)
• Primary Focus: Recovering copper and other valuable materials through advanced recycling capabilities.

Dr. Lal PathLabs Expands to Uzbekistan

Dr. Lal PathLabs is extending its international reach through its wholly owned subsidiary, Dr Lal PathLabs FZCO, located in Dubai, United Arab Emirates. This expansion involves the incorporation of a new entity in Tashkent, Uzbekistan.

• New Entity: Dr Lal PathLabs Indomed LLC, incorporated on August 19, 2026.
• Share Capital Subscription: 70% by Dr Lal PathLabs FZCO.
• Strategic Goal: To strengthen the Group’s presence within Tashkent, Uzbekistan.

Autoline Industries Secures Tata Motors Award

Autoline Industries has secured a new significant business award from Tata Motors Passenger Vehicles. This agreement focuses on the supply of four critical components specifically designed for hatchback applications.

• Expected Annual Incremental Revenue: Approximately ₹80 crore.
• One-Time Tooling Revenue: Approximately ₹30 crore.
• Customer Production Schedules: Revenue generation is subject to ramp-up and actual requirements.

Kiri Industries Establishes New Subsidiary

Kiri Industries has further streamlined its corporate structure by incorporating a new wholly owned subsidiary. This strategic move aims to centralize critical financial and management functions.

• Subsidiary Name: Kiri Capital (IFSC), incorporated on August 19, 2026.
• Core Function: Managing the treasury functions for the entire Kiri Group.
• Additional Role: Serving as the holding company for the Group’s overseas subsidiaries.

Hexaware Technologies Launches ‘Zero Vulnerability’ Offering

Hexaware Technologies has introduced an innovative cybersecurity solution named ‘Zero Vulnerability’, designed to address the escalating problem of enterprise vulnerabilities. The offering leverages AI to counter the rapid surfacing of security weaknesses.

Delivered through Zerovity, the company’s AI-led delivery layer, this offering integrates cybersecurity expertise, engineering, artificial intelligence, and remediation operations. It covers all variants of IT systems, including custom applications, SaaS and PaaS environments, third-party software, and operating systems.

These corporate developments highlight strategic expansions and new business acquisitions across various Indian companies, signaling focused growth trajectories in their respective sectors.