The promoters and promoter group of International Conveyors have no interest in Ganesha Ecosphere, and the deal was executed at arm’s length.
Mahindra will start taking bookings on January 14, 2026, and the first deliveries are set for January 23, 2026.
As per the details disclosed by the bank, this makes it the first lender in the current financial year to tap the AT1 bond market.
The value of this new order stands at around USD 147 million, which is approximately INR 1,313 crore.
Pace Digitek announced that the scope of the order includes the supply of LiFePo4 liquid-cooling BESS integrated containers.
Both companies plan to jointly explore and develop AI applications that integrate software intelligence with physical systems used in industrial environments.
Ravishanker Kovi, the founder and executive chairman of RK Pharma, commented that Zydus Life has a powerful commercial footprint.
The projects fall under the Revamped Reforms based and Results linked Distribution Sector Scheme.
SAP is currently working on transforming its global processes by increasing the use of Cloud based systems and Business AI tools to achieve faster execution and higher operational efficiency.
The company said this long term development aligns with its strategy to scale up its commercial real estate portfolio in major South Indian markets.

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