Vedanta, Amber, BHEL Lead Major Corporate Moves in India

India Inc. witnessed a flurry of strategic developments this week across multiple sectors.

Vedanta has emerged as the top bidder for debt-ridden Jaiprakash Associates with a Rs. 12,505 crore offer, edging out Adani. If approved, Vedanta will secure a 24 percent stake in Jaiprakash Power Ventures and could pursue further acquisition, signaling a potential hostile takeover. Amber Enterprises secured a major growth boost as its electronics arm, LJIN Electronics India, raised Rs. 1,200 crore in strategic funding from ChrysCapital (Rs. 1,100 crore) and InCred Growth Partners (Rs. 100 crore).

Key Highlights

• Vedanta tops Jaiprakash Associates bid with Rs. 12,505 crore offer
• Amber secures Rs. 1,200 crore funding boost for electronics arm
• BHEL partners Horizon Fuel Cell for hydrogen mobility entry

BHEL entered the hydrogen transportation space through a long-term exclusive MoU with Singapore-based Horizon Fuel Cell Technologies, marking its diversification into clean mobility solutions.

In real estate, Max Estates bagged rights for a 7.25-acre luxury land parcel in Gurugram with a booking value potential of over Rs. 3,000 crore, while Brigade Enterprises signed a JDA for a 10.75-acre Bengaluru project worth Rs. 2,500 crore.

Also Read: Brigade Signs INR 2500 Cr JDA for East Bengaluru Project

Other key updates include Imagicaaworld’s solar power acquisition, Colab Platforms’ proposed 51 percent stake in Indiaoneonline, Patel Chem’s environmental clearance for expansion, Aegis Logistics’ Rs. 99.88 crore capacity addition, and SAR Televenture’s Rs. 149.50 crore stake buy in Tikona Infinite.