MARCH 18, 2026 AT 03:38 AM

PRE-MARKET INDIAN STOCKS NEWS: Tata Steel (TATA IS) board approved the merger of Neelachal Ispat Nigam and plans to invest up to INR 184.88bln in T Steel Holdings from FY2026–27 onwards

Importance

Level 1

Shree Cement (SRCM IS) – Co. was declared the preferred bidder for the Dommarnandyala-1 limestone block in Andhra Pradesh spanning 373 hectares. (Moneycontrol)

Tata Steel (TATA IS) – Co. board approved the merger of Neelachal Ispat Nigam and plans to invest up to INR 184.88bln in T Steel Holdings from FY2026–27 onwards. (Moneycontrol)

Tech Mahindra (TECHM IS) – Co. subsidiary agreed to acquire a 20% stake in Tech Mahindra Arabia from Midad for INR 2.06bln following a put option exercise. (Moneycontrol)

Varun Beverages (VBL IS) – Co. subsidiary agreed to acquire a 100% stake in Crickley Dairy (South Africa) for INR 1.31bln. (Moneycontrol)

Wipro (WPRO IS) – Co. partnered with Harness to accelerate AI-native software delivery for global enterprises. (Moneycontrol)

#INDIA#INR#ASIA#TATA STEEL LTD#TATA.IS#WIPRO LTD#WPRO.IS#SHREE CEMENT LTD#SRCM.IS#TECH MAHINDRA LTD#TECHM.IS#ASIAN SESSION#HIGHLIGHTED#COMMODITIES#RESEARCH SHEET#BEVERAGES#FOOD, BEVERAGE & TOBACCO#STEEL#ASIAN EQUITIES