Markets & Finance

State-owned lender REC Limited completed a 500 crore rupee tokenised corporate bond under SEBI's Regulatory Sandbox on September 7, 2026, using atomic delivery-versus-payment settlement and digital rupees through a new Demat 2.0 depository infrastructure. The transaction attracted roughly 796 crore rupees in bids but retained conventional depository recordkeeping rather than bypassing it entirely. Key details including the full investor list, final settlement date, and transaction-specific regulatory approvals remain unconfirmed in public filings.

The merger of Flex IT and T1A Group closed on 7 September 2026, creating a refurbished and circular IT business with approximately €150 million in combined revenue operating across Denmark, the Netherlands, and Poland. Eurazeo's Planetary Boundaries Fund holds a majority stake following its earlier acquisition of T1A in May 2026, with Altor Fund IV exiting via the Flex IT divestiture. Financial terms including enterprise value, purchase price, and exact ownership percentages were not disclosed in the primary announcements.