VSpartans Expansion Watch — 27 September 2026
1. NMDC — ₹5,427 crore integrated project commissioned
NMDC commissioned its 2-MTPA pellet plant at Nagarnar, completing an integrated project comprising a 15-MTPA ore-processing facility and 135-km slurry pipeline from Bacheli. Maiden pellet production has begun.
The project enables higher-value use of iron-ore fines and slimes, adds pellet revenue and reduces dependence on road and rail transport. Returns will depend on utilisation, pellet prices, operating stability and logistics savings. NSE filing
VSpartans View: This is an operating milestone—not merely proposed capex—and should gradually improve NMDC’s value-added product mix.
2. Neogen Chemicals — Morita approves ₹76.8 crore investment in battery-materials JV
Neogen Morita New Materials approved issuing 7.20 lakh shares at ₹1,066.66 each to Japan’s Morita Investment. The ₹76.8 crore infusion would give Morita 9.09% of the venture, subject to remaining approvals.
The capital and strategic partnership support domestic production of LiPF₆ electrolyte salt, a critical lithium-ion battery input. Commercial plant ramp-up, customer qualifications, pricing and utilisation remain key. NSE filing
VSpartans View: The investment strengthens technology-partner commitment, but earnings impact requires successful commissioning and commercial orders.
For research and information purposes only; not a personalised investment recommendation.
Champions once again!
Congratulations to our Men’s Kabaddi Team on retaining the Asian Games Gold. Their determination has brought immense pride to the nation. Their success will also motivate several upcoming players.
Best wishes to the entire team for their future endeavours: PM @narendramodi
Congratulations to Parinaaz Dhaliwal and Anantjeet Singh Naruka on winning the Bronze Medal in the Skeet Mixed Team event at the Asian Games. Their achievement marks India’s first-ever medal in this event at the Asian Games. Best wishes to both of them! May this success inspire many more milestones in the times to come: PM @narendramodi
Learning from a legend. Thank you @anilkumble1074 for spending time with the spinners at the COE. Your experience, knowledge and attention to detail gave them invaluable insights into the art of spin bowling and a deeper understanding of what it takes to excel at the highest level. A truly enriching experience for the next generation of spinners🙏 @BCCI
Jai Ganesh Deva Aarti came with such a lovely sense of faith and devotion that even the moments away from the camera felt special.
Sharing some of those memories with you today. This will always be a special one for me. Ganpati Bappa Morya! 🙏🏻
#JaiGaneshDeva#GaneshAarti #GanpatiBappaMorya #GaneshChaturthi2026 #GaneshPooja