Recent Update

Rights issue of 2.50 Cr shares at Rs 50 each (total Rs 125.37 Cr). Ratio 3:5, record date Aug 6, 2026. Issue opens Aug 14, closes Aug 21.

CEO & Whole-time Director Arun Misra ceased to hold office on July 31, 2026, upon completion of his tenure. No successor was announced.

IIRM to raise up to ₹150Cr via preferential issue of shares and warrants to Carpediem Capital Partners Fund II and others, granting board seat and protective rights; no change in control.

Board approved a rights issue of partly paid equity shares up to ₹150.79 Cr for public shareholders to meet minimum public shareholding norms. Also cleared shifting registered office to Hyderabad and set AGM on 5 September 2026.

WSFx Global Pay received a perpetual Authorised Dealer Category-II licence from RBI, expanding its scope to include trade remittances, forex correspondent appointments, and non-trade current account transactions, strengthening its cross-border payments business.

NCC received three orders totaling Rs.1,052.71 Cr in July 2026 (Buildings Rs.590.38 Cr, Water Rs.462.33 Cr) in normal course of business.

Board approved investment of up to GBP 4.4 million (~Rs 46 Cr) in Puja Casa A Limited, UK, making it a wholly-owned subsidiary. The target is a real estate entity with nil turnover, and the transaction is a related party transaction involving promoter-owned entities.

Board approved increase in authorised capital to Rs 22 Cr. In-principle nod for preferential issue of up to 34 lakh equity shares and 1.15 cr fully convertible warrants, subject to approvals. Details on 11 Aug 2026.

Board approved preferential issue of equity shares and convertible warrants to Carpediem Capital Partners and other investors, raising up to ~INR 150 crore for growth. Mr Hithendra Ramachandran appointed as Nominee Director under the investment agreement.

DoF revised Thal Unit's energy norm to 5.984 Gcal/PMT from 6.200, effective April 1, 2025. Adverse impact estimated at Rs 171.54 Cr (Rs 132.52 Cr FY26, Rs 39.02 Cr Q1FY27). Trombay norm unchanged.

Board approved Q1 FY27 unaudited results, shifting of registered office to Banjara Hills, Hyderabad, and raising up to Rs 150.79 Cr via rights issue of partly paid-up equity shares to eligible public shareholders to achieve minimum public shareholding.

IIRM Holdings announces a ₹1500 million strategic capital raise through equity shares and fully convertible warrants at ₹143.28, led by Carpediem Capital and Sanshi Fund-I, to fund business expansion, acquisitions, and working capital.

Board approved execution of investment agreements with Carpediem Capital Partners Fund II and co-investors for a preferential issue of equity shares (up to ₹22.5 Cr) and fully convertible warrants (up to ₹127.5 Cr), totalling ~₹150 Cr. Appointed Hithendra K. Ramachandran and Sathya Pramod Nagaraj as Additional Directors. Convened 33rd AGM on August

H.M. Gupta & Son HUF(Promoter) sold 15.08L sh via block deal. Pre:28.75L(7.62%),Post:13.67L(3.62%).

Received an in-principle loan approval of up to INR 151 Cr from TDB for its YETI heavy-lift autonomous logistics vehicle. Total project cost INR 302 Cr; loan at 4% simple interest, 3-year tenure, subject to definitive agreements. Provides low-cost funding for a key strategic R&D project.

Imagicaaworld signed an investment agreement to acquire 50.002% of Mehsana Next Parks (Shanku's Water Park) for ₹50 Cr cash, making it a subsidiary. The company disclosed that the acquisition of Malpani Parks Ahmedabad has not been executed as on March 31, 2026, signalling delay.

Bengaluru Yelahanka hotel opens Sep 2026; OC, fire NOC, consent obtained. Q1 revenue steady; bottom-line hit by energy, property tax, liquor license costs.

Bansal Roofing Products secured a domestic order worth approximately INR 8.75 crores plus taxes for a PEB shed, with a 6-month execution timeline. Customer name undisclosed.

Board approved material related party transactions with four promoter/promoter group directors (Urmila Hansraj Sharma, Hitesh Bajoria, Nishant Nathmal Bajaj, Prashant Nathmal Bajaj) up to Rs 5 crore each, for a period from conclusion of AGM in FY 26-27 to AGM in FY 27-28, in normal course of business.

India Homes received a notice from the Regional Director (Western Region) seeking information under Sections 210 & 217 of the Companies Act, 2013. The company, already burdened by financial distress and adverse auditor opinions, is compiling documents. The investigation deepens existing regulatory risks.

Board approved terms of Rights Issue: 46.4 lakh equity shares at ₹215 each (₹100 Cr), record date August 6, 2026, ratio 19:295.

Setco Automotive's sale of Setco Auto Systems finalised at Rs 215 Cr, up 16% from initial Rs 185 Cr estimate. Total Rs 207.6 Cr paid at closing; Rs 7.4 Cr released from holdback.

Apollo Micro Systems handed over its indigenously developed Safety & Detonation Device (SDD) to the Indian Navy, marking a milestone in naval weapon indigenisation. The company expects a healthy pipeline of production orders across weapon inventories.

Board approved new GDC/LPDC/Machining plant at Shikrapur, Pune, with Rs. 125.5 Cr capex, leased 1.3L sq. ft., funded by debt/internal accruals to expand capacity.

Vikran Engineering secured a ₹120.69 Cr order from POWERGRID for 400 kV GIS substation extension works at Magarwada, Vadodara, and Rajgarh, adding to its T&D order book.

Manufactures and exports dyes, chemicals, and colorants for textiles, paints, paper.

Promoter Vividhmargi Investments created pledge of 30,00,000 shares (3.26%) on 30 Jul 2026.

Top-up pledge 11.4M Eureka Forbes shares 5.9% by Catalyst Trusteeship non-promoter.Mode: encumbrance.

Received two Letters of Award from NHLML for wayside amenities on NH-44 and NH-752D corridors in Madhya Pradesh on DBOT basis, with combined annual lease rent of ₹2.49 crore. Four additional bids submitted across Andhra Pradesh and Uttar Pradesh, results awaited.

Triton Valves signed a 5-year Letter of Agreement with Sensata Technologies for TPMS valves, estimating ₹100-110 Cr in revenue with sales starting Calendar 2027.

Executive Committee approved a Qualified Institutions Placement of equity shares with a floor price of ₹640.69 per share, allowing up to 5% discount. Size and use of proceeds were not disclosed.

Promoters signed a share purchase agreement to sell 70.66% stake to RB International Holdings and others at Rs 23.85 per share. The transaction triggers a mandatory open offer and will result in a change of control, with acquirers becoming new promoters.

VVIP Infratech secured a Letter of Acceptance for a 60 MLD STP in Haryana worth ₹104 crore (2 years capex, 11 years O&M). This is the company’s largest STP project and marks its entry into Haryana. Standalone order book now stands at ₹873.65 crore.

REL obtained Rs 100 Cr term loan from Tata Capital at 12.5% floating rate to fund solar SPV equity; security includes promoter personal guarantee, corporate guarantee, and additional share pledge, heightening financial risk amid high leverage.

Zee Media allotted 3,960 FCCBs (US$3.96M) to Sun India Opportunities Fund, convertible at Rs13.50/share. The first drawdown from its long‑unused FCCB facility, it signals a break in the pattern of stalled fundraising.

FSSAI prohibited the sale of one whiskey and one rum brand over 'artificial flavour' label declaration. The company deems the action unjustified, citing industry-wide practice, and will approach the High Court. Financial impact is being assessed.

UCO Bank, acting for consortium lenders, took symbolic possession of Flexituff's commercial property at Kashipur, Uttarakhand, under the SARFAESI Act. The defaulted amount is Rs 236.3 crore. The company will keep exchanges informed of further developments.

Abhishek Ashar resigned as Whole-Time Director and Chief Financial Officer effective July 31, 2026, citing other activities and career outside the company. No other material reasons disclosed.

Best Agrolife's preferential warrants lapsed without conversion as the exercise period expired. The board approved forfeiture of the ₹37.5 crore upfront amount, resolving the dilution overhang. No fresh funds were raised during the quarter.

Cosmic CRF receives LoI from CoC to acquire Amzen Transportation Industries for ₹284 Cr, gaining a 72.5-acre integrated wagon manufacturing plant in Punjab. The acquisition expands pan-India footprint and capacity, subject to NCLT approval.

Board approved preferential issue of 170.6 lakh warrants convertible into equity shares at Rs 17 each aggregating Rs 29 Cr, and 5.88 lakh equity shares at Rs 17 each aggregating Rs 1 Cr, to non-promoters. AGM scheduled on 27 Aug 2026.

Board approved issuance of corporate guarantee of Rs 3.5 Cr in favour of Suave Casa Ideas Private Limited (promoter group entity) subject to shareholder approval. Approved related party transactions and re-appointment of MD, WTDs and Chairman. Appointed Mr. Anjal Kejriwal as Non-Executive Independent Director. 46th AGM on Aug 26, 2026.

India Powers, Europe Wobbles PAT at Rs 2,385 Cr in Q1 FY27, +18.8% YoY. Revenue at Rs 60,794 Cr in Q1 FY27, +14.3% YoY. EBITDA at Rs 9,370 Cr, +25.3% YoY. EBITDA margin at 15.4% vs 14.1%. India segment drove performance with EBITDA up 29.6% YoY to Rs 9,409 Cr, while Netherlands collapsed to near-breakeven (Rs 39 Cr vs Rs 611 Cr) on DSP shutdown and

Q1 FY27 Consolidated Results YoY: Revenue at 60,794 Cr vs 53,178 Cr, up 14.3%. EBITDA at 9,593 Cr vs 7,796 Cr, up 23.1%. EBITDA Margin at 15.8% vs 14.7%, expansion of 110bps. PAT at 2,318 Cr vs 2,078 Cr, up 11.6%. India segment was the key driver while Netherlands operations saw sharp margin compression, UK losses narrowed. Board approved NINL capa

Board approved overdraft facility of up to Rs 1.89 Cr from ICICI Bank against fixed deposit of up to Rs 2.10 Cr. Authorised Mr. Vikram Bajaj to complete formalities.

Shalby Limited has approved availing working capital facilities of up to ₹129.70 crore from Kotak Mahindra Bank. ₹119.70 crore is allocated to its loss-making US step-down subsidiary Shalby Advanced Technologies Inc., with the remaining ₹10 crore for the company.

Board approved appointment of Mr. Iqubal Ismail Patel as Chief Financial Officer (CFO) and Key Managerial Personnel w.e.f. 30th July, 2026.

Q1 FY27 Consolidated Results YoY: Revenue at 1.7 Cr vs 1.1 Cr, up 49.3%. EBITDA turned profitable at 0.4 Cr vs loss of 0.2 Cr. EBITDA Margin at 25.0% vs -14.8%, expansion of 3980bps; employee benefits expenses declined 40.4% vs revenue growth 49.3%. PAT turned profitable at 0.3 Cr vs loss of 0.2 Cr. Board approved QIP of up to 150 Cr.