The total consideration for the transaction is ₹1,212 crore, according to the company’s disclosure.
The board cleared the proposal on December 8, 2025, at its meeting in Muscat, Oman.
The company expects the greenfield unit to create strong strategic synergies across its businesses, further supporting India’s broader goal of enhancing self-reliance in defence production.
EPIC, which is listed in Saudi Arabia, has entered into a contract with the Saudi Water Authority for the manufacturing and supply of steel pipes.
The FPI selling in December was dominated by BFSI and IT, with full-year FPI selling at $18.8 Billion
Here are some of the stocks that may see significant price movement today: Siemens, Larsen & Toubro, Mahindra & Mahindra, etc.
FPIs net sold equities worth $(1,315) Million this week, as global uncertainty continued to haunt
A quick look at 7 key global and domestic signals over the last one week
Abakkus MF, floated by Sunil Singhania, is launching its flexi cap fund NFO; with discretion across market caps
Markets closed flat for the week, as the dovish RBI policy engineered a later recovery on Friday

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