IT services firm Coforge Ltd announced that former Bharti Enterprises vice‑chairman Akhil Kumar Gupta will serve as chairperson and non‑executive independent director for a five‑year term, effective Tuesday, September 28. Gupta’s appointment follows a period of boardroom turbulence that began with the abrupt resignation of former chairman O P Bhatt on September 9 after an internal audit revealed that he had withheld a board evaluation report that assigned his own performance category the lowest rating. The fallout saw the NRC chairperson D K Singh also quit, citing differences and tension between independent and executive directors.

The domestic stock market is expected to open flat on Tuesday, September 28, with GIFT NIFTY futures suggesting that the NIFTY50 index will open 11 points lower. Investors are likely to keep an eye on Tata Group stocks, including Tata Motors, Tata Steel, Tata Consumer Products, Titan, Tata Power, Trent and Tata Technologies, after Tata Trusts proposed merging Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE) with Tata Sons. The restructuring aims to allow Tata Sons to shed its regulatory classification as a non‑banking financial company (NBFC) and a core investment company (CIC).

BSE Ltd and Wipro Ltd are expected to be in focus after NSE Indices announced changes to the NIFTY 50 index. BSE is set to enter the benchmark index, replacing Wipro, with the changes expected to take effect from the next scheduled Nifty 50 reshuffle. Aarti Industries’ board, meeting on October 1, may consider various options to raise funds, including equity shares or other eligible securities through QIP, private placement, public issue, preferential issue or other permissible modes, subject to regulatory and shareholder approvals.

Honasa Consumer Ltd is in the spotlight amid reports of a potential block deal worth up to ₹400 crore. Peak XV Partners, Sequoia Capital Global Growth Fund III and Redwood Trust are reportedly looking to sell up to 89 lakh shares, representing around 2.73% stake, through a 100% secondary transaction. The floor price for the deal has been set at ₹450 per share, about 3.4% lower than the stock’s previous close, with Jefferies India as the bookrunner.

NCC Ltd secured a Letter of Award from the Andhra Pradesh government for a ₹1,076.71 crore drinking water supply project under the Multi Village Scheme for the Yeleru Reservoir’s Anakapalli segment. The order, excluding GST, was awarded on September 28 and is expected to be executed over 24 months. Vikram Solar announced a 400‑MW solar module supply order for agri‑solar projects in Maharashtra, sourced from an undisclosed EPC player, as disclosed in an NSE filing.

Other notable developments include HCL Technologies acquiring Croatia‑based Robotiq.ai for an enterprise value of 9 million euro (about ₹98 crore), Clean Max Enviro Energy Solutions raising ₹2,500 crore through green debt securities, and Indian Railway Finance Corporation signing a ₹4,200 crore term loan with Damodar Valley Corporation to finance renewable energy projects. Ola Electric approved a rights issue of equity shares up to ₹1,000 crore, while Radico Khaitan expanded its luxury spirits portfolio to four major UK airports, marking its first presence in Heathrow, Gatwick, Manchester and Birmingham duty‑free shops.