Engineering

Rakesh Jhunjhunwala has acquired additional stake in Geometric Limited through bulk deal on exchanges.

Panasonic Corporation is acquiring 76.2% stake in Bangalore based Firepro Systems Private Limited.

The company manufactures components for mining and heavy industry in its three facilities and counts Coal India, NTPC, ACC and SAIL among it's clients. Expected Deal Size: R20-25Cr

Germany based RHI Group is planning to acquire Orient Refractories for R600Cr. Orient Abrasives recently demerged its refractory division into Orient Refractories with the intention of selling a part of it.

Swiss Finance Corp has acquired minority stake in IVRCL Limited for R10Cr through a bulk deal on exchange.

New York Life Investment Management India Fund has sold 2.01% stake in Commercial Engineers & Body Builders Co Limted.

Reliance Capital Trustee Company has acquired stake in Titagarh Wagons Limited through bulk deal on exchange.

US based EnerSys has acquired 50.5% stake in Hyderabad-based Energy Leader Batteries India Private Limited, a VRLA battery manufacturer through its Singapore subsidiary - EnerSys Reserve Power Pte. Ltd.

The Electrical & Automation business of Larsen & Toubro has acquired UK based Thalest Limited, the holding company of Serowatch Systems Ltd, Bond Instrumentation & Process Control Ltd and Servowatch Inc. Terms of the transaction were not disclosed.