Corporate Signals
- Newgen Software Technologies Ltd
Newgen Software Technologies Limited has executed an agreement with an overseas customer in Qatar for the supply, implementation, and three-year support of an international regulatory reporting and compliance platform solution. The contract is valued at USD 1,791,140 (approximately Rs 17.14 crore). The customer's identity has been withheld due to confidentiality. This agreement is not a related party transaction. The deal covers software licensing, implementation services, and a maintenance support period.
- Waaree Energies Ltd
Waaree Energies Limited has announced the receipt of a new order for the supply of 2 GW of solar modules from a renowned domestic solar developer. This is a one-time order with deliveries scheduled across the financial years 2026-27 and 2027-28. The company has clarified that the transaction is not a related party transaction and involves no interest from promoters or the promoter group. This contract reflects significant demand for the company's solar products and confirms visibility for future manufacturing capacity utilization.
- 3C IT Solutions and Telecoms (India) Ltd
3C IT Solutions and Telecoms (India) Ltd has received a purchase order valued at Rs 2.36 crore (inclusive of 18% GST) from a domestic co-operative bank. The project involves providing Digital Personal Data Protection (DPDP) compliance services, including gap assessment, policy formulation, and implementation advisory. The contract is expected to be executed within 12–14 weeks from project kick-off. Additionally, the company has secured a 2nd-year annual maintenance contract (AMC) component valued at Rs 36 lakh plus GST. The company confirmed this transaction is in the ordinary course of business.
- Pace Digitek Ltd
Pace Digitek Ltd announced that its material subsidiary, Lineage Power Private Limited, received a Letter of Award from NTPC GE Power Services Private Limited (NGSL). The contract is valued at Rs 488.46 crore (Rs 4,884.61 million) and covers the supply, delivery, testing, and supervision of erection and commissioning of 5.015 MWh Battery Energy Storage System (BESS) containers, along with building and energy management systems. The agreement includes a 12-year Comprehensive Maintenance Contract (CMC). Execution is scheduled to be completed by December 31, 2026.
- Onward Technologies Ltd
Onward Technologies Ltd has renewed a multi-year Managed Digital Services contract with a leading global manufacturer of construction and mining equipment. The contract, valued at ₹44.46 crore, spans a three-year term from August 2026 to August 2029. The scope covers application development, cloud-native engineering, and DevOps support for the client's global e-commerce and aftermarket platforms. The company highlighted that the renewed engagement represents a 72% increase in value compared to the previous contract, reflecting sustained client confidence in its delivery excellence and digital engineering capabilities.
- Diamond Power Infrastructure Ltd
Diamond Power Infrastructure Ltd has received orders aggregating Rs 116.49 crore (including GST) from Polite Powertech Limited. The contract involves the supply of 11 kV XLPE power cables for underground distribution projects in Gujarat. The project, covering approximately 655 km of cabling across Bhavnagar and Ahmedabad, is expected to be executed in lots over the next 12 months. Notably, orders worth Rs 79.83 crore remain subject to the EPC contractor receiving a formal Letter of Award from the end utility, UGVCL.
- GK Energy Ltd
GK Energy Ltd has received a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 150 MW / 300 MWh Battery Energy Storage System (BESS) in Maharashtra. The project is supported by VGF and features a tariff of ₹2,38,000 per MW per month. This contract is expected to generate an annual revenue of ₹42.84 crore (excluding GST) for 15 years from the commencement of commercial operations. The project must be commissioned within 18 months from the signing of the Battery Energy Storage Purchase Agreement (BESPA).
- Kothari Industrial Corporation Ltd
Kothari Industrial Corporation Ltd has received a Letter of Acceptance (LOA) from the Tiruppur City Municipal Corporation to serve as a food service provider for the Perunthalaivar Kamarajar Morning Breakfast Scheme. The contract is valued at approximately Rs 24.93 crore (Rs 24,93,35,076) and covers a period of three years for school working days. The service will be provided from a common kitchen located at the Anupparpalayam Government Higher Secondary School. The company is required to furnish a security deposit within 7 days and execute the agreement within 15 days of receiving the LOA.
- Race Eco Chain Ltd
Race Eco Chain Ltd has received 'no adverse observation' letters from both the BSE and the National Stock Exchange (NSE) regarding its Draft Composite Scheme of Arrangement. This scheme involves the demerger of the company's Biomass Division into Geoeco Green Energy Limited and its Restore Bag Division into Race Gateway Limited. With these clearances, the company is now authorized to proceed with filing the scheme before the National Company Law Tribunal (NCLT). These observation letters remain valid for six months, and the proposed restructuring remains subject to further regulatory and shareholder approvals.
- Kapil Raj Finance Ltd
Kapil Raj Finance Ltd has received a public announcement from Arpit Agarwal, Megha Agarwal, and Arpit Agarwal HUF for an open offer to acquire up to 9.92 crore equity shares, representing 26% of the company's expanded voting share capital. The offer is priced at Rs 2.24 per share, with a maximum total consideration of approximately Rs 22.22 crore. This action is triggered by the company's board-approved preferential issue, which will grant the acquirers 69.57% control. The offer is subject to regulatory approvals and compliance with SEBI (SAST) Regulations.
- Kapil Raj Finance Ltd
Kapil Raj Finance Ltd has approved the acquisition of a 90% stake in Henyo Pack Limited through a share swap agreement. This transaction involves issuing up to 26.54 crore equity shares of Kapil Raj Finance to Henyo shareholders at Rs 2.24 per share, totaling approximately Rs 59.46 crore. The company also announced a preferential cash issue of 66.98 lakh shares, a change of name to 'Henyo Systems Limited', and an increase in authorized share capital from Rs 11 crore to Rs 46 crore. Additionally, the company will diversify its business into the packaging and converted paper products segment, while reporting several leadership and auditor changes.
- Dixon Technologies (India) Ltd
Dixon Technologies (India) Ltd has acquired a 51% stake in its newly incorporated subsidiary, Adivistar Electronics India Private Limited, for a cash consideration of Rs 2.55 crore. The subsidiary, established on August 13, 2026, is set to operate as an original equipment manufacturer (OEM) of electronic devices, including smartphones. Management indicated that this partnership is designed to bolster the company's manufacturing capabilities and strengthen its presence in the Indian android smartphone ecosystem. All necessary regulatory approvals have been obtained, and the subscription money was paid on September 21, 2026.
- Ather Energy Ltd
Ather Energy Ltd has successfully incorporated its wholly owned subsidiary, 'Ather Energy Hong Kong Limited,' on September 21, 2026. This development follows the company's prior decision to establish an APAC presence to bolster critical procurement functions and improve supply chain resilience. The incorporation involves a cash-based subscription of 1.65 million ordinary shares at HKD 1 per share. This action represents the execution of the company's previously announced strategic plans to strengthen its operational framework in the Asia-Pacific region.
- Zodiac Energy Ltd
Zodiac Energy Ltd has finalized the acquisition of a 63.5% majority equity stake in Zenwatt Clean Energy Private Limited, a company operating in the Battery Energy Storage Systems (BESS) sector. The transaction, effective September 21, 2026, was completed for a cash consideration of Rs. 1.14 crore. Zenwatt, which was incorporated in July 2023, becomes a subsidiary of Zodiac Energy. This acquisition is a strategic move intended to expand the company's renewable energy portfolio and operational capabilities. The deal has been confirmed as an arm's length transaction involving interested parties from the promoter group.
- Share India Securities Ltd
Share India Securities Ltd announced that its Board of Directors approved raising up to Rs 200 crore through a preferential issue of convertible warrants. Additionally, the company will incorporate a new subsidiary focused on wealth management and allied financial services, with an approved cash investment of up to Rs 120 crore. The company's Finance Committee has been authorized to finalize the terms and tranches for both developments. This strategic move aims to strengthen the company's capital base and expand its operational footprint into the wealth management sector.
- Shekhawati Industries Ltd
Shekhawati Industries Limited has approved a cash-based investment to become a designated partner in a newly formed entity, Shekhawati New Energy LLP. The company will hold an equity stake exceeding 5% and up to 69% in the LLP, which is focused on the mega solar and green energy sector. This transaction is classified as a related party deal involving common directors, though the company states it is at arm's length. The strategic rationale focuses on operational synergies and enhancing project execution capabilities. The investment completion is subject to the formal incorporation of the LLP.
- Lumino Industries Ltd
Lumino Industries Ltd released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company, which recently completed its IPO and listed on stock exchanges on September 3, 2026, reported consolidated revenue of Rs 521.43 crore and a net profit of Rs 40.17 crore for the quarter. This performance reflects activity across its manufacturing and engineering, procurement, and construction (EPC) business segments. Shareholders should monitor the company's ongoing execution capacity and the utilization of funds following its recent public debut.
- Augmont Enterprises Ltd
Augmont Enterprises Ltd announced its unaudited financial results for the quarter ended 30th June 2026. The company reported consolidated revenue from operations of Rs. 18,945.59 crore, with a net profit attributable to owners of Rs. 57.73 crore. Sequentially, the figures indicate a decline from the quarter ended 31st March 2026. Notably, the company confirmed the successful completion of its Initial Public Offering (IPO) after the quarter, with shares listing on NSE and BSE on 31st August 2026. Shareholders should monitor the utilization of the IPO proceeds and operational performance in subsequent quarters.
- Symbiotec Pharmalab Ltd
Symbiotec Pharmalab Ltd announced its unaudited financial results for the first quarter of the fiscal year ending June 30, 2026. Consolidated revenue from operations stood at Rs 218.15 crore, reflecting growth compared to the corresponding quarter of the previous year. However, consolidated net profit declined to Rs 14.06 crore from Rs 29.92 crore in the year-ago period. On a standalone basis, the company reported revenue of Rs 210.84 crore and a net profit of Rs 47.01 crore. The company also provided an update on its recently completed IPO, stating it will update on utilization of proceeds in the next reporting period.
- Astonea Labs Ltd
Astonea Labs Limited has resubmitted its standalone financial results and regulatory declarations for the financial year ended March 31, 2025, in response to communications from BSE. The company previously submitted these results in XBRL mode on July 11, 2025, but failed to upload the separate PDF version and inadvertently missed a required regulatory announcement. This filing rectifies the non-submission and aligns the company's records with BSE requirements to facilitate the closure of pending queries. The financial statements report a Profit After Tax of Rs 5.35 crore for FY2025.
- B&B Realty Ltd
B&B Realty Ltd has submitted revised standalone unaudited financial results for the quarter ended June 30, 2026, following a BSE query regarding format and presentation requirements. The company reported nil revenue from operations for the quarter, with a net loss of Rs 0.18 crore (Rs 18.40 lakh). This compares to a net profit of Rs 0.015 crore (Rs 1.51 lakh) in the preceding quarter and a loss of Rs 0.07 crore (Rs 7.04 lakh) in the corresponding quarter of the previous year. The results are accompanied by a Limited Review Report from the statutory auditor.
- Microse India Ltd
Microse India Ltd released its audited financial results for the quarter and year ended March 31, 2026, reporting a net loss of Rs 1.72 crore (Rs 172.32 lakh) for the financial year. The company's total revenue for the year stood at a negative Rs 1.18 crore (Rs 118.03 lakh). Additionally, the board noted the resignation of M/s Laddha & Laddha as internal auditors, effective May 31, 2026, and appointed M/s ARK Jain & Associates for FY 2026-27. Shareholders should monitor the company's financial performance following this significant loss and the transition in internal audit leadership.
- Toyam Sports Ltd
Toyam Sports Ltd has released its financial results for the quarter ended June 30, 2026, reporting a standalone net loss of Rs 0.27 crore (Rs 26.73 lakh) and a consolidated net loss of Rs 1.26 crore (Rs 125.78 lakh). The company's statutory auditors have issued a qualified opinion, citing significant issues including the lack of impairment analysis on financial assets, pending SEBI investigations, and a failure to meet statutory liabilities like TDS and professional tax, which management attributes to a shortage of funds.
- Hy-Tech Engineers Ltd
Hy-Tech Engineers Ltd reported standalone unaudited financial results for the quarter ended June 30, 2026, posting a net profit of Rs 4.60 crore (Rs 45.98 million) on revenue from operations of Rs 41.26 crore (Rs 412.56 million). Revenue grew 12.9% year-on-year, though it declined sequentially from the previous quarter. The company, engaged in the manufacturing of hydraulic fittings, also noted the Limited Review Report from its statutory auditors. Additionally, the company disclosed that it successfully completed its Initial Public Offering (IPO) subsequent to the quarter-end.
- Dee Development Engineers Ltd
DEE Development Engineers Limited has announced a scheduled plant visit for investors and analysts at its manufacturing facility in Anjar, Gujarat, on September 30, 2026. The company clarified that no Unpublished Price Sensitive Information (UPSI) will be shared during the event. This disclosure follows standard regulatory compliance for corporate engagement activities. The planned visit remains subject to potential changes.
- Persistent Systems Ltd
Persistent Systems Limited disclosed the outcome of institutional investor sessions held on September 21, 2026, where the company met with representatives from Ashmore Investment, LIC MF, Hudson Bay, and Franklin Templeton MF. The sessions reiterated information from the company's September 2026 Investor Presentation. Key updates included Q1 FY27 performance, showing revenue of $452.4 million (+16.1% YoY) and an EBIT margin of 16.0%. A significant portion of the presentation focused on the proposed acquisition of Nagarro SE at an enterprise value of ~€1.27 billion and a planned equity raise of up to $450 million.
- PNB Housing Finance Ltd
PNB Housing Finance Ltd participated in the J.P. Morgan India Conference held in Mumbai on September 21, 2026. Company representatives, including the Chief Financial Officer and the National Head of Corporate Planning & Investor Relations, engaged in one-on-one and group meetings with 15 institutional investors. Discussions were focused on business strategy, margins, asset quality, return profile, and future outlook. The company confirmed that no unpublished price-sensitive information was shared during these interactions, which remain a standard part of their investor outreach.
- KPIT Technologies Ltd
KPIT Technologies Ltd participated in the 'Anand Rathi Flagship Conference India 2026' held in Mumbai on September 21, 2026. The company conducted both one-to-one and group meetings with institutional investors and funds, including Carnelian Capital, UTI Mutual Fund, and Aditya Birla Mutual Fund. During these interactions, management reiterated information previously disclosed during the earnings call on July 29, 2026. The company confirmed that no unpublished price-sensitive information was shared with the participants.
- Steelcast Ltd
Steelcast Ltd has notified the exchanges regarding scheduled meetings with analysts and institutional investors on 28 and 29 September 2026. Key management personnel, including the Chairman and Managing Director, Executive Director and CFO, and Company Secretary, are set to participate in these interactions with entities such as Sundaram Alternates, Arihant Capital, and Bellwether Capital. The company confirmed that these sessions will focus exclusively on publicly available information, with no unpublished price-sensitive information intended for discussion. These meetings are subject to change due to unforeseen circumstances.
- Steelcast Ltd
Steelcast Ltd has notified stock exchanges about scheduled interactions with analysts and institutional investors. The company's Chairman & Managing Director, Executive Director & CFO, and Company Secretary are slated to participate in one-on-one and group meetings on September 28 and 29, 2026. The interactions will be held in both virtual and in-person formats. The company has confirmed that these meetings will be limited to discussions based on publicly available documents and no unpublished price-sensitive information (UPSI) will be disclosed during the sessions.
- Steelcast Ltd
Steelcast Ltd has formally notified the stock exchanges regarding a series of upcoming analyst and institutional investor meetings scheduled for 28 and 29 September 2026. The company’s top management, including the Chairman and Managing Director, Executive Director and CFO, and the Company Secretary, will participate in various one-on-one virtual discussions, a group meeting, and an in-person session in Bhavnagar. The company explicitly stated that these sessions will strictly cover publicly available information, with no unpublished price-sensitive information intended to be discussed. This schedule remains indicative and is subject to potential changes due to unforeseen developments.
- Fermenta Biotech Ltd
Fermenta Biotech Limited has informed the exchanges about a scheduled one-to-one investor meeting set to take place physically in Mumbai on September 24, 2026. The company confirmed that no unpublished price-sensitive information (UPSI) will be shared during the interaction and that all materials to be discussed are already publicly available on its website and the stock exchange portals.
- Emami Ltd
Emami Ltd's board of directors has approved an open-market share buyback of up to Rs 282 crore (Rs 28,200 lakh) at a maximum price of Rs 475 per share. The company intends to purchase up to 59.37 lakh equity shares, representing approximately 1.36% of its total paid-up equity capital. The company has set a minimum buyback size of 75% of the allocated amount, equating to Rs 211.5 crore. This capital allocation strategy, approved on September 17, 2026, aims to return value to public shareholders, with a designated Buyback Committee established to oversee the process.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies Limited has formally extinguished 825,028 fully paid-up equity shares, each with a face value of Rs 2, as part of its ongoing open market share buyback program. The extinguishment was completed on September 2, 2026, covering shares purchased during August 2026. The company has filed the necessary certificates and debit confirmations from Central Depository Services (India) Limited with the stock exchanges, confirming compliance with SEBI Buy-Back Regulations. This update confirms the procedural reduction in equity capital following the buyback execution.
- Great Eastern Shipping Company Ltd
The Great Eastern Shipping Company has announced the commencement of its share buyback program effective September 4, 2026. The company plans to acquire equity shares via the open market route for a total amount not exceeding Rs 900 crore. The maximum buyback price is set at Rs 1,530 per share. This program excludes promoters and shareholders belonging to the promoter group. The move follows the board's approval on August 27, 2026, and a public announcement dated August 29, 2026. Shareholders should monitor the market for execution of the buyback.
- Man Infraconstruction Ltd
Man Infraconstruction Limited’s board has approved the buyback of up to 99,00,000 equity shares at a maximum price of Rs 171 per share, involving an aggregate outlay of Rs 169.29 crore. The buyback will be conducted via the open market route through the stock exchanges, excluding promoters and persons acting in control. This initiative represents approximately 2.45% of the company’s existing paid-up equity capital. The company has constituted a Buyback Committee to oversee the execution of the process in accordance with regulatory norms. This move serves to return capital to public shareholders.
- Great Eastern Shipping Company Ltd
The Great Eastern Shipping Company Limited's board has approved the buyback of fully paid-up equity shares via the open market route. The buyback has a maximum size of ₹900 crore at a maximum price of ₹1,530 per share. This indicates an intention to repurchase approximately 58.82 lakh shares, or 4.12% of the total paid-up equity capital. The company is committed to utilizing at least 75% of the allocated amount (minimum ₹675 crore). Promoters are ineligible to participate in this open market offer. Investors should track the public announcement for specific timelines and process details.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies has approved a buyback of equity shares via the open market route. The company has set a maximum buyback price of ₹500 per share, with an aggregate buyback size capped at ₹69.7 crore. This board-approved initiative aims to utilize the company's internal accruals and cash balances, ensuring no reliance on borrowed funds. The buyback is expected to involve up to 1.39 million shares, representing approximately 1.24% of the total paid-up equity shares. Investors should monitor the progress as the company navigates regulatory requirements, with the buyback explicitly excluding promoter and promoter group participation.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies released financial results for the quarter ended June 30, 2026, reporting a consolidated net profit of ₹38.59 crore on a revenue of ₹189.79 crore. The Board approved a share buyback program of up to ₹69.70 crore at a maximum price of ₹500 per share. The company also announced the acquisition of the remaining 4.28% stake in JC Biotech Private Limited to make it a wholly owned subsidiary, alongside a fund infusion of up to ₹2.00 crore into its subsidiary, Advanced Nutrazyme Private Limited. These moves reflect a focus on capital management and corporate structure optimization.
- Orbit Exports Ltd
Orbit Exports Limited has approved a share buyback of up to 11,04,000 equity shares at a price of ₹250 per share, aggregating up to ₹27.60 crore. The buyback will be executed via the tender offer route on the stock exchange, with the record date fixed for July 15, 2026. Promoters have indicated they will not participate in the buyback, which may increase the potential acceptance ratio for public shareholders. Additionally, the company has appointed Mr. Omprakash Jat as the new Company Secretary and Compliance Officer, effective July 7, 2026, marking a change in its corporate governance function.
- Nitin Castings Ltd
Nitin Castings Ltd has concluded its voluntary delisting process via the Reverse Book Building Process (RBBP) conducted between August 5 and August 11, 2026. The discovered price has been set at Rs 300.00 per share, surpassing the floor price of Rs 273.36. With 7,53,984 shares successfully tendered, the promoter group's shareholding has increased to 90.73% of the remaining shares, meeting the 90% regulatory threshold. The final success of the delisting is now contingent upon the formal acceptance of the discovered price by the acquirers.
- Haryana Financial Corporation Ltd
Haryana Financial Corporation Ltd has announced a voluntary delisting offer as it initiates liquidation proceedings. The State Government of Haryana, acting as the promoter, aims to acquire the remaining 1,319,900 equity shares held by the public, representing 0.64% of the share capital. The corporation has ceased loan sanctions since 2010 and is no longer considered a going concern. Shareholders are being offered an exit opportunity, with a provision for tendering shares for up to two years post-delisting. The exit price will be determined under SEBI regulations appropriate for an entity in wind-down mode.
- Nitin Castings Ltd
Nitin Castings Ltd has issued a detailed public announcement for the voluntary delisting of its equity shares from BSE. The delisting offer, initiated by the promoter group who collectively hold 71.39% of the equity, includes a floor price of ₹273.36 per share. The bidding process for public shareholders is scheduled to occur from August 5, 2026, to August 11, 2026. The company recently received in-principle approval from BSE. This development marks a significant transition, and shareholders should closely monitor the delisting timeline and the reverse book-building process.
- Jindal Photo Ltd
Jindal Photo Limited has issued an update regarding its ongoing voluntary delisting process from the BSE and NSE. The promoter group, comprising Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited as the Person Acting in Concert (PAC), appointed ICON Valuation LLP as the Registered Valuer. The valuation report has established a floor price of Rs 1,119.50 per equity share. Based on this, the Acquirers have set an indicative offer price of Rs 1,120 per equity share for the delisting proposal.
- Jindal Photo Ltd
Jindal Photo Limited's promoter group, including Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, alongside Jindal India Power Limited, has announced an intention to voluntarily delist the company from BSE and NSE. The acquirers propose to acquire 2,646,183 equity shares, representing 25.80% of the paid-up equity share capital, from public shareholders. The delisting will be executed through a reverse book building process. Key conditions include board and shareholder approval, and the offer is subject to the acceptance of the discovered price by the acquirers. This move aims to provide an exit opportunity for public shareholders.
- Ras Resorts & Apart Hotels Ltd
Ras Resorts and Apart Hotels is subject to a delisting offer by promoters to acquire up to 9,21,582 equity shares. The shares have a face value of ₹10.00.
- KEI Industries Ltd
KEI Industries announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.
- Tulive Developers Ltd
Tulive Developers' promoters propose voluntary delisting from BSE, setting a floor price of ₹719.30 and indicative offer price of ₹750.
- Shankar Lal Rampal Dye-Chem Ltd
Shankar Lal Rampal Dye-Chem Ltd concluded its Annual General Meeting on September 19, 2026, where shareholders approved the audited financial statements for the fiscal year ended March 31, 2026. The meeting also resulted in the formal declaration of a dividend at a rate of 0.50% (Rs 0.05 per equity share). Additionally, shareholders approved the re-appointment of Vinod Kumar Inani as a Director, who retired by rotation. All resolutions presented in the AGM notice were passed with the requisite majority through the company's e-voting process.
- BGIL Films & Technologies Ltd
BGIL Films & Technologies Ltd has announced that its Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026 (inclusive). This book closure is for the purpose of the company's 37th Annual General Meeting, which is scheduled for September 30, 2026. The record date for the meeting is fixed as September 23, 2026. This is a routine corporate compliance filing regarding shareholder meeting logistics.
- Velan Hotels Ltd
Velan Hotels Ltd has notified the BSE regarding the closure of its share transfer books from September 24, 2026, to September 30, 2026. This administrative action is in connection with the company’s 36th Annual General Meeting (AGM), which is scheduled to be held on September 30, 2026. The company stated that while this filing is not mandatory under Regulation 42(1) for this entity, it is being submitted voluntarily for informational purposes.
- Rajeswari Infrastructure Ltd
Rajeswari Infrastructure Ltd has announced Friday, September 25, 2026, as the record date for implementing its NCLT-approved resolution plan. The company, having concluded its Corporate Insolvency Resolution Process (CIRP) following an order from the NCLT Chennai Bench dated January 13, 2026, will use this date to identify shareholders subject to the plan's provisions. The resolution plan encompasses significant capital restructuring, including the extinguishment, reduction, consolidation, and reconstitution of the company's public share capital, alongside a fresh equity infusion by the Resolution Applicant.
- Kirloskar Ferrous Industries Ltd
Kirloskar Ferrous Industries announced the co-option of Mr. Ajay Shriram Patil as an Additional Director and his appointment as Joint Managing Director for a three-year term effective 21 September 2026. Additionally, the company appointed Mr. Ankur Gupta as Deputy Chief Financial Officer, effective 1 October 2026. The company also fixed Friday, 2 October 2026, as the cut-off date for determining the eligibility of members to cast votes via postal ballot and e-voting. These leadership changes are part of the latest corporate developments approved at the board meeting held on 21 September 2026.
- Metroglobal Ltd
Metroglobal Limited announced that shareholders at the 34th Annual General Meeting held on September 18, 2026, approved a final dividend of Rs 2.5 per equity share. This represents a 25% payout on the paid-up equity share capital of Rs 10 face value. The dividend applies to 1,23,34,375 equity shares and will be paid within the timelines prescribed by the Companies Act, 2013. This dividend declaration represents a standard corporate action for the fiscal year 2025-26.
- Gujjubhai Industries Ltd
Gujjubhai Industries Limited has announced the book closure dates for its upcoming 37th Annual General Meeting (AGM). The company's register of members and share transfer books will remain closed from Thursday, 24th September, 2026, to Wednesday, 30th September, 2026, (both days inclusive) to facilitate the AGM scheduled for 30th September, 2026. Furthermore, the company has set Wednesday, 23rd September, 2026, as the cut-off date to determine the eligibility of members for electronic voting or voting at the meeting. This is a routine corporate compliance filing.
- K M Sugar Mills Ltd
K M Sugar Mills Ltd has announced the Effective Date and Record Date for the demerger of its Distillery Division into KM Spirits and Allied Industries Limited. The Board has fixed October 1, 2026, as the Effective Date, and October 2, 2026, as the Record Date for determining eligible shareholders. Shareholders of K M Sugar Mills Limited will receive 1 equity share of Rs 10 each in the Resulting Company for every 5 equity shares of Rs 2 each held in the Demerged Company. The shares to be allotted by the Resulting Company are proposed to be listed on the NSE and BSE.
- Anupam Rasayan India Ltd
Anupam Rasayan India Ltd. has allotted 14,500 non-convertible debentures (NCDs) aggregating to Rs 145 crore to Aditya Birla Capital Limited on a private placement basis. The NCDs carry a coupon rate of 10.25% per annum with a 13-month tenure, maturing on October 21, 2027. The issuance is secured by a first-ranking charge over an escrow account and a pledge of specific shares held by promoter-group entities. Proceeds will be utilized for debt repayment, investment in group companies, or general corporate purposes.
- Meesho Ltd
Meesho Limited has allotted 10,71,542 equity shares to eligible employees upon the exercise of vested options under its ESOP 2024 Plan. The Nomination and Remuneration Committee approved the allotment via a circular resolution on September 21, 2026. This corporate action increases the company's paid-up equity share capital from Rs. 4,62,62,20,635 to Rs. 4,62,72,92,177. The newly allotted shares rank pari-passu with the existing equity shares. This represents a routine procedural update regarding employee compensation.
- Yes Bank Ltd
Yes Bank Ltd has allotted 6,21,788 equity shares of face value Rs 2 each following the exercise of stock options under the YBL ESOS 2020 and YBL RSU Plan 2024. The bank realized Rs 0.84 crore (Rs 83.97 lakh) from the exercise. Following this allotment, the total paid-up share capital increased to Rs 6,277.81 crore, consisting of 31,389,067,719 equity shares. This represents a routine corporate action concerning employee compensation with minimal impact on the bank's overall equity structure.
- Nuvama Wealth Management Ltd
Nuvama Wealth Management Limited has announced the allotment of 66,583 equity shares, each with a face value of Rs. 2, pursuant to the exercise of employee stock options and appreciation rights. Following this allotment, the company's total equity share capital increased from 18,44,49,106 to 18,45,15,689 shares. This action, disclosed under Regulation 30 of the SEBI LODR Regulations, reflects the fulfillment of employee compensation schemes. It is a standard corporate exercise with negligible impact on overall equity dilution.
- Kapil Raj Finance Ltd
Kapil Raj Finance Ltd’s board approved the acquisition of a 90% equity stake in Henyo Pack Limited through a share swap agreement. To fund and execute this strategic diversification into the packaging sector, the board approved the issuance of up to 26.55 crore equity shares for the acquisition and a separate preferential issue of 66.98 lakh shares for cash at Rs 2.24 per share. The board also proposed changing the company's name to "Henyo Systems Limited" and increasing its authorized share capital from Rs 11 crore to Rs 46 crore, subject to shareholder approval.
- Kapil Raj Finance Ltd
Kapil Raj Finance Ltd has announced a strategic acquisition of a 90% stake in Henyo Pack Limited through a share swap arrangement, involving the issuance of up to 26.54 crore equity shares at Rs 2.24 per share. Concurrently, the Board approved a preferential cash issue of 66.98 lakh shares, an increase in authorized share capital from Rs 11 crore to Rs 46 crore, and a proposal to rename the company to "Henyo Systems Limited." Additionally, the Board noted the resignation of a Whole-time Director and finalized new appointments for statutory and secretarial auditors.
- Ballarpur Industries Ltd
Ballarpur Industries Ltd has allotted 5,750 listed, rated, unsecured, zero-coupon, redeemable Non-Convertible Debentures (NCDs) aggregating to Rs 57.50 crore on a private placement basis. The NCDs have a face value of Rs 1 lakh each and were issued to Infotel Technologies Private Limited and Belgrave Investment Fund. The debentures carry a tenure of three years, with a maturity date of September 21, 2029. The proceeds are intended to meet the company's working capital requirements, and the NCDs are proposed to be listed on the BSE.
- Renaissance Global Ltd
Renaissance Global Ltd has announced the allotment of 3,750 equity shares of Rs 2 each following the exercise of stock options under the RGL ESOP 2021 scheme. The company realized Rs 4,12,500 from this exercise. Post-allotment, the company's total paid-up equity share capital increased to Rs 21,48,15,442, comprising 10,74,07,721 shares. These new shares will rank pari passu with existing shares. The disclosure fulfills regulatory requirements under SEBI regulations regarding share-based employee benefits.
- Mayur Uniquoters Ltd
Mayur Uniquoters Ltd announced that shareholders approved the appointment of Mr. Vinod Kumar Haritwal as an Independent Director during the company's 33rd Annual General Meeting held on September 18, 2026. The appointment is for a five-year term, effective from August 6, 2026, until August 5, 2031. Mr. Haritwal is a commerce and law graduate with experience in joint ventures with government bodies and holds memberships in various industry associations. The company confirmed he is not debarred from holding office and has no family relationship with any existing directors.
- CMS Info Systems Ltd
CMS Info Systems Ltd announced that shareholders at the company's 19th Annual General Meeting held on September 21, 2026, approved the appointment of Mr. William Poole VIII as an Independent Director. The appointment is for a three-year term effective from August 10, 2026, to August 9, 2029, and is not liable to retire by rotation. Mr. Poole, a venture capitalist and former Microsoft executive with experience in artificial intelligence and startup investment, is not related to any existing Directors or Key Managerial Personnel of the company.
- Syngene International Ltd
Syngene International Ltd has announced the resignation of Mr. Pramuch Goel from his position as Head of Corporate Affairs and Communications, effective from the close of business hours on September 21, 2026. Mr. Goel, who also served as a member of the company's Executive Committee (Senior Management Personnel), is stepping down to pursue other career opportunities. The company has formally disclosed this change in its leadership team in compliance with SEBI regulations. This update pertains to a routine management departure and does not impact the company's financial operations or strategic direction.
- Sudarshan Chemical Industries Ltd
Sudarshan Chemical Industries Limited has appointed Mr. Amit Deshpande as General Counsel, effective 21st September, 2026. Mr. Deshpande will form part of the Senior Management Personnel and report to the Chairman and Managing Director. With over 24 years of experience in corporate law, regulatory compliance, and M&A, his background includes leadership roles at Sterlite Technologies, LegaLogic Consulting, and other organizations. The appointment follows the recommendation of the Nomination and Remuneration Committee and subsequent approval by the Board of Directors.
- Lemon Tree Hotels Ltd
Lemon Tree Hotels shareholders approved the appointment of Mr. Patanjali Govind Keswani as Non-Executive Chairman at the 34th Annual General Meeting held on September 18, 2026. This transition, effective April 1, 2027, follows the scheduled conclusion of Mr. Keswani's 18-month tenure as Chairman and Executive Director on March 31, 2027. The company stated this move is designed to ensure Board-level continuity and provide strategic guidance as part of its succession and leadership transition plans. Mr. Keswani will step down from his executive responsibilities upon the conclusion of his current term.
- Mega Fin India Ltd
Mega Fin (India) Limited has announced the appointment of new auditors following shareholder approval at the Extraordinary General Meeting held on September 21, 2026. The company appointed M/s. Mathur & Co., Chartered Accountants, as the Statutory Auditor for the period commencing from the EGM until the conclusion of the next Annual General Meeting. Additionally, M/s. Nishtha Khandelwal & Associates was appointed as the Secretarial Auditor for the financial year 2025-26. These appointments fulfill standard regulatory compliance requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Mega Fin India Ltd
Mega Fin (India) Limited informed the exchange that its members approved the appointment of new auditors at the Extra-Ordinary General Meeting (EGM) held on September 21, 2026. M/s. Mathur & Co., Chartered Accountants, were appointed as Statutory Auditors for a term commencing from the conclusion of the EGM until the conclusion of the ensuing Annual General Meeting. Additionally, M/s. Nishtha Khandelwal & Associates were appointed as Secretarial Auditor for the financial year 2025-26. These disclosures are in compliance with SEBI Listing Regulations.
- National Plastic Technologies Ltd
National Plastic Technologies Ltd announced the outcomes of its Annual General Meeting held on September 21, 2026. Shareholders approved the reappointment of Mr. Arihant Parakh as Managing Director for a three-year term effective from September 25, 2026, and Shri Sudershan Parakh as Director. Additionally, shareholders approved the reappointment of M/s C A Patel & Associates as the statutory auditor for a five-year term, spanning fiscal years 2026-27 through 2030-31. These reappointments maintain the company's existing leadership and audit governance structure.
- Space Incubatrics Technologies Ltd
The NCLT, Allahabad Bench, has admitted a petition by Avail Financial Services Limited to initiate the Corporate Insolvency Resolution Process (CIRP) against Space Incubatrics Technologies Limited. The insolvency proceedings arise from an alleged default of ₹1.19 crore (119.05 lakh). With this order, the powers of the company's Board of Directors are suspended, and the management now vests with the Interim Resolution Professional (IRP), Mr. Dinesh Chander Gupta. A moratorium is now in effect, freezing the company's assets and restricting legal actions against it. The next hearing is scheduled for July 14, 2026.
- JLA Infraville Shoppers Ltd
JLA Infraville Shoppers Limited has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Bengaluru Bench. The legal proceedings, initiated by Sital Leasing and Finance Limited, concern a total financial default of ₹2.44 crore (₹243.53 lakh). With this order, the company's board and management powers are suspended and vested with the Interim Resolution Professional, Mr. Dinesh Chander Gupta. A moratorium is now in effect, restricting asset transfers and recovery actions, marking a critical transition point for the company's operational control and future financial standing.
- Kesar Enterprises Ltd-$
Kesar Enterprises Limited disclosed a petition filed by IFCI Limited under the Insolvency and Bankruptcy Code, 2016.
- Reliance Power Ltd
Reliance Power disclosed US Exim filed application alleging debt default by subsidiary SPL (US$165.41 mn), which company will contest.
- Educomp Solutions Ltd
Educomp Solutions NCLT order (Mar 13, 2026) flags failed resolution plan. SRA faces consequences as fresh process begins.
- Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Limited disclosed an application for Corporate Insolvency Resolution Process has been filed against it, alleging a default of Rs. 511,72,82,207/-.
- Dharan Infra-EPC Ltd
NCLT admits Tata Capital Housing Finance's insolvency plea against Dharan Infra-EPC, initiating Corporate Insolvency Resolution Process.
- Oswal Overseas Ltd
Oswal Overseas Limited responded to BSE query, stating its Corporate Insolvency Resolution Process application is pending NCLT decision.
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed the stock exchanges that Mr. Adhish Swaroop has resigned from his position as the Company Secretary and Compliance Officer. The resignation, tendered to pursue alternate career opportunities, was effective from the close of business hours on August 31, 2026. This disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a standard governance update regarding key managerial personnel.
- Punj Lloyd Ltd
Punj Lloyd Ltd has announced that the first meeting of its Reconstituted Committee of Creditors (CoC) is scheduled for September 2, 2026. The meeting will take place both physically in New Delhi and through audio-visual mode. The agenda for the meeting is to discuss the way forward regarding the closure of the liquidation process for the company. This disclosure is made in accordance with the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, marking a procedural step in the firm's ongoing insolvency resolution framework.
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed stock exchanges that one of its joint statutory auditors, M/s Kashyap Sikdar & Co., has resigned effective 11 August 2026. The firm cited professional preoccupation and other professional commitments as the reason for the departure. Importantly, the company has confirmed that its remaining joint statutory auditor, M/s Shah Dhandharia & Co. LLP, will continue in its role, ensuring no disruption in audit oversight. The resigning firm explicitly confirmed the absence of any adverse concerns or management-imposed limitations, providing clarity for investors regarding the nature of the resignation.
- Punj Lloyd Ltd
Punj Lloyd Ltd, currently undergoing a liquidation process as a going concern, has released its unaudited financial results for the quarter ended June 30, 2026. The company reported a standalone revenue of ₹15.86 crore with a net loss of ₹4.13 crore. On a consolidated basis, the revenue remained ₹15.86 crore, while the net loss stood at ₹7.65 crore. Additionally, the company announced key corporate governance updates, including the resignation of director Rajeev Pal and the appointment of Rahul Singh Tomar to the Board. The company also recommended the appointment of new joint statutory and cost auditors.
- Punj Lloyd Ltd
Punj Lloyd has announced a meeting of its Board of Directors scheduled for July 31, 2026. The primary agenda is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. In line with regulatory requirements, the company also confirmed that its trading window for securities has been closed since July 1, 2026, and is set to reopen on August 2, 2026. Investors should note that the company is currently operating under the Corporate Insolvency Resolution Process (CIRP).
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed stock exchanges of the resignation of M/s. SGTC & Associates as its Cost Auditor for the financial year 2018-2019. The resignation is effective as of July 17, 2026. The firm stated its ineligibility to continue as the reason for the cessation. However, the auditor has explicitly confirmed that there are no professional or other reasons connected to the company's affairs that led to this decision. Investors should monitor this transition as part of the company's ongoing audit and regulatory compliance process.
- Punj Lloyd Ltd
Punj Lloyd Limited has released its audited financial results for the year ended March 31, 2026. The company, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP)/Liquidation, reported total income from operations of ₹271.92 crore, compared to ₹283.04 crore in the previous year. The net loss after tax (after exceptional items) widened significantly to ₹1,550.69 crore for the financial year ending March 31, 2026, from a net loss of ₹488.31 crore reported for the year ended March 31, 2025. Investors should note the company's ongoing liquidation status, which poses extreme risks to equity shareholders.
- Punj Lloyd Ltd
Punj Lloyd Limited has announced its financial results for the year ended March 31, 2020. The company reported a standalone net loss of ₹844.84 crore and a consolidated net loss of ₹723.32 crore for the period. These results were approved as the company undergoes liquidation following a Corporate Insolvency Resolution Process (CIRP), with Adani Infra (India) Limited emerging as the successful bidder. The statutory auditors issued a qualified opinion, citing significant issues regarding asset verification, internal controls, and overseas branch operations. The company is currently classified as a willful defaulter and faces pending investigations by various regulatory authorities.
- Welspun Enterprises Ltd
Welspun Enterprises Ltd and its material subsidiaries, Welspun Michigan Engineers Limited and Welspun EDAC JV Private Limited, have received credit rating upgrades from CRISIL Ratings. Welspun Enterprises' long-term bank facilities are now rated CRISIL AA/Stable, upgraded from CRISIL AA-/Positive. Welspun Michigan Engineers' long-term rating improved to CRISIL AA-/Stable from CRISIL A+/Positive, and its short-term rating was upgraded to CRISIL A1+. Welspun EDAC JV Private Limited's long-term rating was raised to CRISIL AA (CE)/Stable from CRISIL AA- (CE)/Positive. Short-term and commercial paper ratings for the entities were either re-affirmed at A1+ or upgraded.
- Thomas Cook (India) Ltd
CRISIL Ratings has reaffirmed the long-term credit rating of Thomas Cook (India) Ltd at 'CRISIL AA/Stable' and the short-term rating at 'CRISIL A1+'. The ratings encompass the company's bank facilities and commercial paper program. CRISIL cites the group's established market position in travel and foreign exchange services, alongside strong financial backing from its parent, Fairfax. While fiscal 2026 saw growth, the rating agency notes a revenue decline in the first quarter of fiscal 2027, driven by geopolitical instability in West Asia. The outlook remains stable, supported by strong liquidity and strategic cost-optimization measures.
- Bank of Maharashtra
Bank of Maharashtra has been assigned a 'BBB' credit rating by S&P Global Ratings for its USD 500 million Medium Term Note (MTN) programme. The rating applies to the 6.112% Senior Notes due on September 24, 2031, which were issued under the programme established on September 4, 2026. This disclosure, made under SEBI listing regulations, provides transparency regarding the bank's international debt instruments. Investors are advised that the credit rating is an opinion and not an investment recommendation. Further details are available via the rating rationale published by S&P Global Ratings.
- Knowledge Marine & Engineering Works Ltd
CARE Ratings Limited has revised the outlook on the long-term bank facilities of Knowledge Marine & Engineering Works Ltd from 'Stable' to 'Positive', while reaffirming the existing credit ratings. The upgrade applies to the company's long-term bank facilities aggregating to Rs 502.25 crore and the long/short-term facilities of Rs 11.00 crore. The short-term facilities worth Rs 186.75 crore were reaffirmed at CARE A2. The total rated credit facilities amount to Rs 700.00 crore. This revision signals a more favourable credit assessment by the rating agency regarding the company's long-term financial stability.
- Canara Bank
Canara Bank has been assigned a provisional rating of (P)Baa3 by Moody’s Ratings for its proposed U.S.$3 billion Medium Term Note (MTN) programme. This Senior Unsecured rating applies to the overall programme structure rather than individual debt issuances, which will remain subject to separate reviews of their specific terms and conditions. The disclosure, released on September 21, 2026, fulfills regulatory requirements under SEBI (LODR) regulations, providing transparency regarding the bank's international fundraising framework.
- Sundram Fasteners Ltd
Sundram Fasteners Limited has informed the stock exchanges that credit rating agency CRISIL Ratings Limited has re-affirmed the 'CRISIL A1+' rating for the company's Short-Term Debt and Commercial Paper instruments. This routine compliance disclosure under SEBI Regulation 30 confirms the company's existing credit standing for these instruments, providing stability for its short-term debt profile.
- Jai Balaji Industries Ltd
Jai Balaji Industries Limited has announced a downgrade in the credit ratings for its bank loan facilities, as assigned by CRISIL. The company's long-term rating has been revised to 'CRISIL BBB/Stable' from 'CRISIL BBB+/Stable', and its short-term rating has been revised to 'CRISIL A3+' from 'CRISIL A2'. The rating revision applies to total bank loan facilities amounting to Rs 995 crore. This disclosure is made under Regulation 30 of the SEBI LODR Regulations.
- Schneider Electric Infrastructure Ltd
Schneider Electric Infrastructure Limited has voluntarily disclosed an unsolicited ESG rating received from CRISIL ESG Ratings & Analytics. The company was assigned a score of 70 out of 100. Management clarified that they did not engage the agency for this assessment, which was prepared independently by the agency using publicly available data. The company is making this disclosure in line with good governance principles to ensure transparency and wider dissemination of information to its stakeholders.
- India Home Loan Ltd
India Home Loan Ltd released a revised Scrutinizer's Report for its 36th Annual General Meeting held on September 11, 2026. While Resolution No. 1 (adoption of financial statements) was passed, the Scrutinizer's Report indicates that Resolutions No. 2, 3, 4, and 5 failed to secure the requisite majority. The company clarified that this filing rectifies typographical errors in the original report regarding Resolutions 4 and 5, emphasizing that the voting outcomes remain unchanged. The meeting involved appointments and re-appointments of directors and the Managing Director.
- Mayur Uniquoters Ltd
Mayur Uniquoters Ltd concluded its 33rd Annual General Meeting on September 18, 2026. While shareholders approved five out of six resolutions—including the final dividend of Rs 6.00 per share, adoption of financial statements, and the appointment of an Independent Director—the special resolution regarding the re-appointment of Mr. Arun Bagaria as Whole Time Director designated as Executive Director (effective August 1, 2027) failed to pass. The scrutinizer's report confirmed that resolutions 1 through 5 secured the necessary majority, while resolution 6 faced significant opposition, falling short of the required threshold.
- Kapil Raj Finance Ltd
Kapil Raj Finance Limited’s Board has approved the acquisition of a 90% stake in Henyo Pack Limited via a share swap arrangement, involving the issuance of 26.55 crore equity shares. The Board also authorized an increase in authorized share capital to Rs 46 crore, approved a name change to 'Henyo Systems Limited,' and sanctioned a preferential cash issue of 66.98 lakh shares. Additionally, the company announced the resignation of a Whole-time Director and appointed new statutory and secretarial auditors. These developments signal a strategic diversification into the packaging and converted paper products sector.
- GK Energy Ltd
GK Energy Ltd has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to set up a 150 MW / 300 MWh Battery Energy Storage System (BESS). The contract is for a 15-year period starting from the date of commercial operations, with an awarded tariff of Rs 2,38,000 per MW per month, which the company estimates will generate a yearly revenue of Rs 42.84 crore (excluding GST). This award marks the company's strategic entry into the battery energy storage market, further diversifying its portfolio beyond its established solar agricultural pumping and rooftop solar sectors.
- Tejassvi Aaharam Ltd
Tejassvi Aaharam Ltd has scheduled an Extraordinary General Meeting (EGM) on October 15, 2026, to seek shareholder approval for multiple special resolutions. The primary proposals include renaming the company to 'WEAGRO LIMITED' and altering the Object Clause of the Memorandum of Association to expand into broader agriculture, warehousing, food-processing, and hospitality business activities. Additionally, the company seeks to enhance its borrowing limits under Section 180(1)(c) and set a maximum limit of Rs. 300 crore for inter-corporate loans, guarantees, and investments under Sections 185 and 186. The meeting will be conducted via video conferencing.
- Garden Reach Shipbuilders & Engineers Ltd
The Board of Directors of Garden Reach Shipbuilders & Engineers Ltd has approved a capital budgetary outlay of Rs 2,896 crore for the construction of a new Greenfield shipyard at Raichak. This strategic move is intended to significantly enhance the company's shipbuilding capacity across both Naval and commercial segments. The decision follows a disclosure made on August 24, 2026, regarding planned capacity expansion through three new facilities. This substantial investment marks a key development in the company's infrastructure growth and production capability.
- OnEMI Technology Solutions Ltd
OnEMI Technology Solutions Limited (KISSHT) has announced an Extraordinary General Meeting (EGM) to be held on October 14, 2026, to seek shareholder approval for a preferential issue of up to 26,493,882 equity shares at a price of INR 314.11 per share. The company aims to raise an aggregate amount of approximately INR 832.20 crore. The primary objective is to augment the capital base of its subsidiary, Si Creva Capital Services Private Limited, to meet future capital adequacy requirements. CRISIL Ratings Limited has been appointed as the monitoring agency for the issue.
- TMT India Ltd
TMT India Ltd has announced a significant corporate restructuring, including the acquisition of 100% of Shakti Auto Industries Private Limited for Rs 20.50 crore via share swap. The board also approved a name change to 'Shakti Auto Industries Limited,' an increase in authorized share capital to Rs 100 crore, and separate preferential equity issuances (one for non-cash consideration and one for cash) totaling approximately Rs 92.67 crore. The company further proposed relocating its registered office to Maharashtra and enhancing borrowing limits to Rs 500 crore, subject to shareholder and regulatory approvals.
































































































