REC Limited has received 'No Objection' letters from both BSE and NSE regarding its proposed scheme of merger into Power Finance Corporation Limited. The merger, initially approved by the respective boards in June 2026, remains subject to further statutory and regulatory approvals, including clearance from the RBI. The exchange observations are conditional upon receiving the necessary RBI approval and settling outstanding dues. The observation letters are valid for six months, within which the scheme must be submitted to the NCLT for further processing.

Power Finance Corporation Ltd (PFC) has received 'No Objection' letters from the BSE and the National Stock Exchange (NSE) regarding the proposed scheme of merger with REC Limited. This regulatory milestone allows the company to proceed with filing the scheme before the NCLT. However, the merger remains subject to further statutory approvals, specifically the pending clearance from the Reserve Bank of India (RBI) and the necessary consents from shareholders and creditors. The observation letters also stipulate various disclosure conditions and compliance requirements that must be met.

Clio Infotech Ltd announced that its board has approved an investment in a new UK-based entity, Clio Quantinfra Limited. The company will subscribe to 100% of the share capital for an aggregate cash consideration of £1,000. The target entity is currently in the incorporation stage and will focus on software design and IT-related infrastructure services. Completion is expected within 12 months, subject to procedural requirements with the UK Company House. This move establishes a wholly-owned foreign subsidiary.

Indiqube Spaces Ltd announced an investment of up to Rs 35 crore in SaiEdge Realty Private Limited to acquire up to a 49% stake on a fully diluted basis. The company intends to lease commercial office spaces developed by the target entity upon completion. Separately, the board accepted the resignation of Independent Director Avalur Gopalaratnam Muralikrishnan and appointed Ishwar Subramanian as an Independent Director. Consequently, the Audit Committee has been reconstituted with Mr. Subramanian serving as Chairperson, effective October 19, 2026.

PI Industries Ltd has successfully incorporated 'PI Foundation' as a wholly owned subsidiary in compliance with Section 8 of the Companies Act, 2013. Registered on October 19, 2026, the new entity is established as a not-for-profit organization specifically to execute Corporate Social Responsibility (CSR) activities under Section 135. The company invested Rs 1,00,000 as initial share capital. This action follows the Board of Directors' approval previously granted on August 11, 2026.

Genomic Valley Biotech Ltd has issued a public announcement for a mandatory open offer by Mr. Pankaj Grover and Mr. Abhisek Gupta. The acquirers have signed a share purchase agreement to acquire 14,07,000 equity shares (46.06%) from the existing promoter, Mr. Yogesh Agrawal, at ₹30 per share. Consequently, the acquirers are making an open offer for up to 7,94,170 shares (26.00%) at the same price of ₹30 per share. This mandatory open offer follows regulatory requirements under SEBI (SAST) regulations.

Puravankara Limited has incorporated a new wholly-owned subsidiary, Burgundyprime Realty Private Limited, effective October 19, 2026. This entity was established to carry out real estate development activities. The parent company subscribed to 9,999 equity shares at a face value of ₹10 per share, totaling an investment of ₹99,990. Puravankara Limited holds 100% of the shareholding in the new subsidiary. This development is a routine corporate expansion and serves to formalize the company's operational structure for future real estate projects.

Gallantt Ispat Ltd reported its unaudited financial results for the quarter and half-year ended September 30, 2026. For the second quarter, the company recorded revenue from operations of Rs 1,145.89 crore, compared to Rs 1,012.75 crore in the same quarter last year. Despite the growth in top-line revenue, the company's profit for the period declined to Rs 60.51 crore from Rs 87.23 crore in the year-ago quarter. The results highlight margin pressure despite higher sales volumes. Shareholders should monitor operating margins and raw material costs in upcoming quarters.

Gallantt Ispat Ltd released its unaudited consolidated financial results for the quarter ended September 30, 2026. Revenue from operations reached Rs 1,145.89 crore, up from Rs 1,012.75 crore in the year-ago quarter. However, the company reported a net profit of Rs 60.51 crore, reflecting a decline from Rs 87.23 crore in the corresponding quarter last year and Rs 123.67 crore in the preceding quarter. The group remains primarily focused on the manufacturing of steel and allied products, including pellets, sponge iron, and TMT bars.

Varmora Granito Limited has reported its unaudited financial results for the quarter ended September 30, 2026. Standalone revenue stood at Rs 3,870.64 million, up from Rs 3,308.41 million in the year-ago quarter, while standalone profit for the period rose to Rs 232.86 million. The company announced the sale of its subsidiary, Simola Tiles LLP, for Rs 373.50 million, incurring an exceptional loss of Rs 178.67 million. Additionally, a change in the depreciation accounting policy impacted reported net profit figures for the period.

Varmora Granito Limited reported standalone net profit of Rs 147.18 million for the quarter ended June 30, 2026, recovering from a loss of Rs 57.28 million in the same period last year. Consolidated revenue was Rs 3,152.75 million. The results reflect an accounting policy change, shifting from the diminishing balance to the straight-line depreciation method, which materially impacted profitability. Additionally, the company divested its interest in Simola Tiles LLP post-quarter. This marks the first quarterly result announcement following the company's September 2026 IPO.

Quint Digital Ltd reported unaudited financial results for the quarter and half-year ended September 30, 2026. On a standalone basis, the company reported a net loss of Rs 6.51 crore against a profit of Rs 0.81 crore in the year-ago quarter. The consolidated net loss stood at Rs 2.86 crore, compared to a loss of Rs 0.04 crore in the comparable quarter of the previous year. The filing also detailed the allotment of shares and warrants from a recent rights issue, along with the issuance of non-convertible debentures.

GOCL Corporation released its unaudited financial results for the quarter ended September 30, 2026. The board finalized the NCLT-directed meeting date for the proposed merger with Hinduja National Power Corporation Limited for November 24, 2026. Additionally, the company is progressing with the sale of its 'Ecopolis' property in Bengaluru for approximately Rs 815 crore. Auditors highlighted an emphasis of matter regarding the post-facto ratification of corporate guarantees aggregating Rs 1,316.10 crore. A final dividend of Rs 30 per share for FY 2025-26 was also declared.

Just Dial Ltd reported its unaudited financial results for the quarter and half-year ended September 30, 2026. For the September 2026 quarter, the company posted net revenue from operations of Rs 342.82 crore, up from Rs 303.07 crore in the year-ago period. Net profit stood at Rs 107.81 crore for the quarter, compared to Rs 119.44 crore in the corresponding quarter of the previous year. The company operates in a single reporting segment, 'Search and search related services'. The results received a limited review from statutory auditors.

Infinity Infoway Limited has scheduled its Q2 FY27 earnings conference call for October 22, 2026, at 4:00 P.M. IST. The session will be led by Mr. Bhaveshkumar Dhirajlal Gadhethriya, the company's Promoter and Managing Director, who will discuss financial performance and recent business developments. Stakeholders and investors may participate via designated dial-in numbers or the provided Diamond Pass registration facility. This event serves as a platform for management to address inquiries regarding the company's quarterly progress.

Just Dial Ltd released its investor presentation for Q2 FY27 (quarter ended September 30, 2026), reporting an operating revenue of Rs 3,428 million, representing a 13.1% YoY increase. Operating EBITDA stood at Rs 907 million, up 4.1% YoY, with margins at 26.4%. Net profit was Rs 1,078 million, which represents a decline YoY and QoQ, primarily due to lower other income in the current quarter. Operational performance remained steady, with paid campaigns reaching 656,520 and active listings growing to 57.4 million.

Marathon Nextgen Realty Ltd has announced it will host an earnings conference call on Friday, October 23, 2026, at 10:30 AM IST. This session follows the company's scheduled announcement of its financial results for the second quarter and half-year ended September 30, 2026, on October 21, 2026. The call will feature participation from the company's leadership, including Chairman and Managing Director Mr. Chetan Shah, to discuss recent performance. This filing provides the necessary access details for investors and analysts.

Piramal Finance Ltd has released the audio recording of its analyst and investor conference call held on October 19, 2026. The call discussed the company's standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. The recording is available on the company's official website. This filing is a routine regulatory compliance step under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

DCB Bank Limited has announced an earnings conference call for analysts and investors to be held on Friday, October 23, 2026, at 18:30 hours (IST). The discussion will cover the bank's unaudited financial results for the quarter and half-year period ending September 30, 2026. Participants may join via designated universal or international toll-free numbers, with pre-registration options available to expedite access. The bank plans to release the audio recording and transcript of the session on its official website in due course.

Ador Welding Limited has scheduled an analyst and investor conference call for October 23, 2026, at 11:30 a.m. IST. The session will cover the company's business progress and unaudited financial results for the second quarter and first half of FY 2026-27. Managing Director & CEO Aditya T. Malkani and CFO & Head – Strategy Krishnamurthy Suryanarayan will be among the participants addressing queries.

Elevate Campuses Ltd released its Q1FY27 investor presentation, reporting total income of Rs 2,281 Mn, a 30% YoY increase, and EBITDA of Rs 1,736 Mn, up 27% YoY. PAT before exceptional items grew 5% to Rs 393 Mn. The company, which listed on September 30, 2026, highlighted progress on multiple campus acquisitions and projects, including the Woodstock facility relaunch and development at IIT Madras. The portfolio includes 20,368 owned beds and 58,174 managed beds, with an overall 95% occupancy rate for owned assets.

SIS Ltd has confirmed the extinguishment of 14,85,134 equity shares (face value Rs. 5 each) repurchased during September 2026 via the open market route. This follows an earlier extinguishment of 6,89,000 shares related to the August 2026 buyback period. Including 44,273 new ESOP allotments made after the August 6, 2026, public announcement, the company's total post-extinguishment paid-up equity share capital stands at 13,91,77,782 shares. The filing provides formal regulatory confirmation of these capital adjustments under the SEBI Buyback Regulations.

Emami Limited has confirmed the extinguishment of 7,300,000 fully paid-up equity shares, each with a face value of Rs 1, as part of its ongoing open market buyback program. These shares were repurchased between September 22, 2026, and October 9, 2026. Following this action, the company's paid-up equity share capital has been reduced from 436,500,000 shares to 429,200,000 shares. This filing serves as formal notification and certification of the share retirement in compliance with SEBI buyback regulations.

The Great Eastern Shipping Company Ltd has completed the extinguishment of 18,58,941 equity shares bought back through the open market during September 2026. This corporate action, effective October 10, 2026, reduces the company's paid-up equity share capital from 14,27,67,161 shares to 14,09,08,220 shares. The filing includes the reconciliation of share capital and certifications confirming compliance with SEBI Buy-Back Regulations.

Tips Music Limited has formally completed the extinguishment of 3,47,246 fully paid-up equity shares of INR 1 face value, which were acquired through the open market between September 19, 2026, and September 30, 2026. This corporate action effectively reduces the company's paid-up equity share capital from 12,78,31,590 to 12,71,59,644 shares. The extinguishment was processed on October 6, 2026, in accordance with the SEBI (Buyback of Securities) Regulations, 2018. The company has filed necessary certificates of compliance with the exchanges, confirming the capital reduction and dematerialized share debit.

Man Infraconstruction Ltd has formally extinguished 6,925,000 equity shares bought back through the open market route between September 9, 2026, and September 30, 2026. This action follows the company's buyback program, reducing its total issued, subscribed, and paid-up share capital from 403,666,505 shares to 396,741,505 shares. The extinguishment has been verified by the secretarial auditor and confirmed by the National Securities Depository Limited. This filing serves as a regulatory compliance update regarding the completion of this tranche of the ongoing buyback.

Advanced Enzyme Technologies Limited has extinguished 8,88,296 fully paid-up equity shares of face value Rs 2 each. These shares were bought back via the open market route during September 2026. Following this corporate action, the company's post-extinguishment paid-up share capital stands at 11,02,62,826 shares, down from 11,19,76,150 shares prior to the overall buyback program. This is a routine compliance filing executed in accordance with SEBI Buy-Back Regulations, with the extinguishment effective as of October 05, 2026.

TCI board approved a share buyback of up to 1,562,500 equity shares (approx. 2.03% of paid-up capital) at INR 960 per share, totaling up to INR 150 crore via the tender offer route. The record date for the buyback is October 9, 2026, with promoters opting out of the participation. Additionally, the company plans to incorporate a wholly owned subsidiary in China with a financial commitment of up to USD 2 million to expand its international logistics network and the India-China-Far East trade corridor.

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 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 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 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 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 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 announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.

DCM Shriram Ltd has scheduled a Board meeting on October 26, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board will also evaluate a proposal for an interim dividend for the financial year 2026-27. If declared, the company has designated October 30, 2026, as the record date for payment. The trading window for company shares remains closed until 48 hours after the financial results are declared.

DCM Shriram Ltd has scheduled a board meeting for October 26, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board will also consider a proposal for an interim dividend for FY 2026-27. If declared, the record date is set for October 30, 2026. The trading window for the company's shares remains closed until October 28, 2026.

L&T Technology Services Ltd declared an interim dividend of Rs. 20 per equity share for FY 2026-27, with a record date of October 27, 2026. The board also approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The company successfully concluded the transfer of its Smart World and Communication business unit on September 1, 2026, recognizing a gain of Rs. 1,650 million under discontinued operations. The financial results received an unmodified limited review report from the statutory auditors.

L&T Technology Services Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors declared an interim dividend of Rs. 20 per equity share (face value Rs. 2). The company has fixed Tuesday, October 27, 2026, as the record date for determining shareholder eligibility for the dividend. The filing also detailed financial performance and concluded a business transfer agreement involving the Smart World and Communication unit, which impacted discontinued operations.

Riddhi Corporate Services Ltd has scheduled an Extraordinary General Meeting (EGM) on November 10, 2026, to seek shareholder approval for the appointment of M/s. Aparajita V Shah & Co. as the new Statutory Auditor. The board approved this appointment effective October 19, 2026. The company will keep its register of members and share transfer books closed from November 04, 2026, to November 10, 2026. The cut-off date for e-voting eligibility is November 03, 2026. Amrish N. Gandhi has been appointed as the scrutinizer for the EGM proceedings.

Bhansali Engineering Polymers Ltd has declared a 2nd interim dividend of Re 1/- per share (100% of face value) for FY 2026-27, payable on or before 17th November 2026, with a record date of 24th October 2026. The company also released its financial results for the half year ended 30th September 2026. Additionally, management announced a delay in its 25,000 TPA capacity expansion project due to global war-related supply chain disruptions; the completion timeline has been revised to the end of March 2027.

Bhansali Engineering Polymers announced a 2nd interim dividend of Re 1 per share (100% of face value) for FY 2026-27, with a record date of 24th October 2026 and payment on or before 17th November 2026. The company reported a consolidated net profit for the half-year ended 30th September 2026 of Rs 128.06 crore, up from Rs 86.34 crore in the comparable period. Management also announced that the Rs 200 crore ABS capacity expansion project is delayed due to global supply chain issues, with a revised expected completion date of March 2027.

Cemindia Projects Limited (formerly ITD Cementation India Limited) has successfully concluded its Qualified Institutions Placement (QIP). The company allotted 1,26,35,379 equity shares at an issue price of ₹1,108.00 per share, raising a total of ₹1,400 crore. The issue price reflects a discount of approximately 4.37% to the floor price of ₹1,158.58. The process, which opened on October 14 and closed on October 19, 2026, resulted in an increase in the company's paid-up equity share capital. Several mutual fund houses participated in the allotment.

Cemindia Projects Limited has formally closed its Qualified Institutional Placement (QIP) as of October 19, 2026. The management committee approved the allocation of 1,26,35,379 equity shares at an issue price of Rs 1,108.00 per share. The issue price was set at a discount of 4.37% (Rs 50.58 per share) to the floor price of Rs 1,158.58 per share. The company has also finalized the placement document and confirmed the allocation to eligible qualified institutional buyers, marking the successful completion of this fundraising exercise.

Taylormade Renewables Ltd's board approved the preferential issuance of 14,00,000 fully convertible warrants to three promoter-group individuals at an issue price of ₹71.30 per warrant, aggregating approximately ₹9.98 crore. The proceeds are intended to fund business expansion, technology development, and working capital needs. Shareholders' approval is scheduled to be sought at an Extraordinary General Meeting (EGM) on November 18, 2026. Warrant holders are required to pay 25% of the issue price upfront, with the remainder payable upon exercise within 18 months from the date of allotment.

Rose Merc Limited has announced the allotment of 80,000 equity shares following the exercise of employee stock options under its 'RML Employee Stock Option Plan II – 2023' and 'RML Employee Stock Option Plan – 2024'. This allotment comprises 20,000 shares from the 2023 plan and 60,000 shares from the 2024 plan, all issued at an exercise price of Rs. 50 per share. Consequently, the company's total issued and paid-up equity share capital has increased to Rs. 7.97 crore (79,66,047 shares). The new shares rank pari-passu with existing equity shares and are not subject to any lock-in period.

Karnataka Bank Ltd has allotted 58,065 equity shares of Rs 10 face value each, following the exercise of vested stock options by eligible employees under the KBL Stock Option Scheme 2018. This issuance represents a standard corporate action related to the bank's employee compensation plan and results in a marginal increase in the paid-up equity share capital.

Kaya Limited has received in-principle approval from BSE and NSE for its proposed preferential issue of 18,24,150 equity shares. The shares are priced at Rs 274.10 each, aggregating to Rs 49.99 crore. This fundraising is directed towards Axana Estates LLP and Plutus Investments India Private Limited. The approval signifies regulatory compliance, moving the company closer to the final allotment of shares. Existing shareholders should monitor for updates on the actual allotment and subsequent listing of these securities.

Lupin Ltd announced that its Nomination and Remuneration Committee granted 40,157 stock options to employees under the Lupin Employees Stock Option Scheme 2025. The grants, approved on October 19, 2026, come with an exercise price of ₉2.00 per share. Vesting is structured over three years, beginning one year after the grant date, subject to performance conditions. The options may be exercised within eight years from the grant date. This is a routine employee incentive update regarding corporate governance and management compensation.

Quick Heal Technologies Ltd has announced the resignation of Mr. Sarang Deshpande from his position as the Company Secretary and Key Managerial Personnel of the company. The resignation, submitted for personal reasons, was tendered on October 19, 2026, with a final working day on or before October 27, 2026. The company has filed the necessary disclosures as per SEBI regulations. Shareholders should watch for the announcement of a successor to ensure continuity in the company's compliance and secretarial functions.

SIS Limited has announced that Mr. Vineet Toshniwal, President (M&A and Investor Relations) and a member of the senior management team, has resigned from his position. The company stated the resignation is due to personal reasons and has been accepted, with January 31, 2027, confirmed as his final working day. This disclosure is a routine regulatory compliance update required under SEBI listing regulations.

Indian Railway Catering and Tourism Corporation Ltd has announced the cessation of Sh. Suresh Kumar Sharma, Group General Manager/Services/IRCTC/CO, from his position as a Senior Management Personnel. The company disclosed that Sh. Sharma, who was working on deputation, has been repatriated prematurely at his own request, effective October 19, 2026.

Karnataka Bank Ltd has informed the exchange of the resignation of Mr. Raja B S from his position as Chief Operating Officer, effective from the close of business on October 19, 2026. Mr. Raja B S, who has served the bank for approximately 37 years, is leaving to pursue other career and personal interests. The bank has disclosed this leadership change in compliance with SEBI LODR regulations. This is a management-level development with no immediate financial impact mentioned in the filing.

Jaiprakash Power Ventures has released its unaudited financial results for the quarter ended September 30, 2026. Alongside the results, the company announced the appointment of Mr. Ravi Kapoor as an Independent Director, Mr. Jigar Dalal as CFO, and Mr. Paresh Patel as Company Secretary and Compliance Officer. The financial report includes a 'Qualified Opinion' from the auditor regarding a Rs 5,696.51 crore recompense claim by lenders. Additionally, the company recognized a Rs 511 crore provision for an NARCL claim settlement and disclosed substantial ongoing legal demands related to alleged sand mining.

Jaiprakash Power Ventures released its Q2 FY27 results, reporting a consolidated net profit of Rs 33.34 crore. The board approved the appointment of Mr. Jigar Dalal as CFO and Mr. Paresh Patel as Company Secretary, alongside an Independent Director. The auditor’s review report contains a qualified conclusion regarding the non-provisioning of a substantial recompense claim of Rs 5,696.51 crore by lenders. Additionally, the company faces significant show-cause and demand notices from mining authorities, which remain under legal challenge. Investors should monitor the impact of these legal and regulatory matters on the company's financial position.

Rose Merc Ltd has appointed Ms. Niti Trivedi as an Additional Director designated as Executive Director for a term ending October 18, 2031. The Board also appointed Ms. Qazi Gulshan as Strategic Advisor (Fintech and Fashion) and Ms. Eshwari Purvesh Shelatkar as Nominee Director for three subsidiary/associate entities. The company has reconstituted its Allotment, Stakeholder Grievance & Relationship, Compensation, Business Development & Strategic Planning, and Internal committees. Additionally, the Board has filed an application to operate as a Payment Aggregator, reflecting a strategic expansion into the payment processing sector.

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 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 Limited disclosed a petition filed by IFCI Limited under the Insolvency and Bankruptcy Code, 2016.

Reliance Power disclosed US Exim filed application alleging debt default by subsidiary SPL (US$165.41 mn), which company will contest.

Educomp Solutions NCLT order (Mar 13, 2026) flags failed resolution plan. SRA faces consequences as fresh process begins.

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/-.

NCLT admits Tata Capital Housing Finance's insolvency plea against Dharan Infra-EPC, initiating Corporate Insolvency Resolution Process.

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 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 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, 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 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 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 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.

ICRA Limited has reaffirmed the credit ratings for several debt instruments issued by Satin Creditcare Network Ltd, including fund-based facilities, commercial paper, non-convertible debentures, and subordinated debt. The company received a reaffirmed rating of [ICRA]A (Stable)/ [ICRA]A1 for an enhanced fund-based facility amount of Rs 5,500 crore, reflecting an increase of Rs 500 crore. Additionally, the company's NCD programme worth Rs 230 crore was reaffirmed and subsequently withdrawn. All ongoing ratings maintain a Stable outlook.

Zensar Technologies has disclosed an overall ESG rating of 76, placing the company in the "Leader" category based on FY2026 data. The rating was issued independently by NSE Sustainability Ratings and Analytics Limited, without prior engagement or mandate from the company. Zensar had formally approached the agency to seek revisions to the assessment parameters, but the agency maintained the original rating. This notification follows the receipt of the agency's final response on October 19, 2026.

GSPL Transmission Ltd has notified that CARE Ratings Limited has withdrawn the credit ratings previously assigned to the bank facilities of the erstwhile Gujarat State Petronet Limited. This withdrawal follows the completion of a composite scheme of amalgamation and arrangement approved by the Ministry of Corporate Affairs, under which the erstwhile entity ceased to exist and transferred its rated facilities to GSPL Transmission Limited. This is a procedural development arising from the corporate restructuring and not a credit negative event.

Force Motors Ltd has announced that CRISIL Ratings Limited has reaffirmed its long-term credit rating at CRISIL AA+/Stable and short-term rating at CRISIL A1+ for total bank loan facilities of Rs 765 crore. The reaffirmation reflects the company's strong business risk profile, sustained leadership in the domestic light commercial vehicle (LCV) passenger segment, healthy operating profitability, and debt-free status. Management expects to fund planned capital expenditure of Rs 600–700 crore over the next 2-3 years through internal accruals. The company continues to maintain robust liquidity, with the stable outlook supported by strong financial flexibility.

Navneet Education Ltd has received a credit rating update from CRISIL Ratings, which has reaffirmed the 'CRISIL A1+' rating for the company's bank guarantee facilities of Rs. 2 crore and its commercial paper programme of Rs. 300 crore. This rating indicates a very strong degree of safety regarding the timely payment of financial obligations, reflecting low credit risk for the instruments. The rating is subject to continuous surveillance.

Infomerics Valuation and Rating Limited has reaffirmed Atlantaa Ltd's long-term and short-term credit ratings at IVR BB+/Stable and IVR A4+, respectively, for total bank loan facilities of Rs 100 crore. The rating reflects the company's sizeable EPC order book and diversified operations, balanced against volatility in operational scale and execution risks in real estate projects. The company reported a 5-day delay in this regulatory disclosure due to a technical error in email routing. The company's liquidity position is described as adequate with a comfortable current ratio.

Hero MotoCorp has been assigned an ESG score of 72 by NSE Sustainability Ratings & Analytics, a SEBI-registered provider. The company clarified that this assessment was independently conducted based on publicly available data for the financial year 2025-26 and was not commissioned or engaged by the firm. The company received the notification regarding this rating on October 16, 2026.

Delta Corp reported a consolidated net loss of Rs 106.41 crore for the quarter ended September 30, 2026, compared to a profit of Rs 25.10 crore in the same quarter last year. The financial results reflect the impact of significant GST provisions, the closure of its Sikkim casino, and a 37-day operational suspension at its Daman hotel due to flooding. Furthermore, the company's King Casino remains non-operational pending regulatory approvals. Shareholders should monitor the ongoing GST adjudication and the integration of recently acquired entities.

Shivam Autotech Ltd has issued a pre-issue advertisement for its upcoming rights issue in compliance with SEBI ICDR regulations. The notice confirms the availability of the Letter of Offer, Rights Entitlement Letter, and Common Application Forms for eligible shareholders. Shareholders can apply for the issue starting October 22, 2026, with the subscription process closing on November 19, 2026. The company has specified that market renunciation of rights entitlements must be completed by November 13, 2026. Investors are instructed to use the Application Supported by Blocked Amount (ASBA) facility for subscription.

Elevate Campuses Ltd released its unaudited financial results for the first quarter ended June 30, 2026. The company reported consolidated revenue from operations of Rs 2,191.35 million, reflecting growth compared to Rs 1,668.88 million in the corresponding period of the previous year. Consolidated net profit was Rs 340.58 million, down from Rs 1,187.44 million in the same quarter last year, which included substantial exceptional gains. The company also provided updates on its September 2026 IPO listing and the completion of its K-12 entity acquisitions. Shareholders should monitor segment-wise performance and the integration of these new entities.

Jaiprakash Power Ventures reported its unaudited financial results for the quarter ended September 30, 2026, alongside key management changes. The company appointed Ravi Kapoor as an Independent Director, Jigar Dalal as CFO, and Paresh Patel as Company Secretary. The financial disclosures include a qualified conclusion from auditors regarding a Rs 5,696.51 crore recompense claim and highlight ongoing legal challenges, including multiple sand mining notices. Additionally, the company recorded an exceptional item of Rs 511 crore following a settlement with NARCL.

Mega Fin (India) Limited has released its 44th Annual Report for FY 2025-26. The report details significant operational challenges, including nil revenue from operations for the year compared to INR 29.94 lakh in the previous year, resulting in a loss of INR 6.46 lakh versus a profit of INR 23.08 lakh in FY 2024-25. The company's shares are currently suspended by BSE for non-payment of annual listing fees. The report further discloses non-compliance in areas including the absence of a Company Secretary and CFO throughout the year, and an improperly constituted audit committee.

Indian Renewable Energy Development Agency Ltd (IREDA) recorded a net profit of Rs 890.67 crore for the half year ended September 30, 2026, against Rs 796.21 crore in the corresponding period of the previous year. Revenue from operations increased to Rs 4,595.28 crore from Rs 4,004.88 crore. The company reported fraud cases totaling Rs 672.74 crore to the RBI and disclosed fines from stock exchanges for non-compliance with LODR regulations. Additionally, Rs 386.76 crore in NPA accounts was reclassified following High Court orders.

IREDA reported standalone net profit of Rs 554.26 crore for the quarter ended September 30, 2026, slightly higher than the Rs 549.00 crore reported in the same quarter last year. Total income for the quarter stood at Rs 2,344.75 crore, up from Rs 2,057.85 crore. The company disclosed three fraud cases aggregating Rs 672.74 crore, primarily pertaining to the Gensol Group, stating that 100% provision has already been made. Additionally, Rs 386.76 crore in accounts are classified as Stage II/Standard following interim High Court orders.