Recent Update

Board approved fundraise of up to Rs 1200 Cr via qualified institutions placement, preferential issue, or other equity-linked instruments, subject to shareholder approval.

NLC India Renewables Ltd, a wholly owned subsidiary, received a Letter of Award for a 600 MW solar project (2x300 MW) in Jalaun, Uttar Pradesh, through tariff-based competitive bidding, significantly expanding its renewable energy portfolio.

Exato Technologies secured an export order worth USD 479,375 for software licenses from a global entity, reinforcing its global presence in CX solutions.

SEBI final order bars two promoters from securities market for 4 years and fines Rs 5 lakh each. Company states no material financial or operational impact; promoters may appeal the order.

Polyplex Corporation's board resolved not to tender its 51% stake in Polyplex Thailand into AGPH (Thailand) Ltd.'s tender offer, signaling an intent to retain control of the subsidiary.

Hero MotoCorp announced a Rs 3,200+ crore investment in Andhra Pradesh, laying the foundation for its second Global Parts Centre in Tirupati. The plan includes scaling EV production capacity to 1.2-1.5 million units and creating around 4,000 jobs.

Board approved acquisition of 51% stake in Trichy Metals and Alloys Private Limited for Rs 12.47 Cr. TMA has lead refining/smelting capacity (revenue potential ~600 Cr p.a.), FY26 revenue Rs 163.74 Cr, PAT Rs 3.60 Cr. Acquisition aligns with lead recycling business, expected completion by Aug 30, 2026.

SEBI's final order imposed a Rs. 5 lakh penalty each and a 4-year securities market ban on promoters Vedprakash Chiripal and Savitridevi Chiripal. The company claims no material financial or operational impact and may appeal.

Nisus Finance, through its INR 1,700 crore RESO-I fund, invested INR 70 crore in three Bengaluru residential projects by Sumukha Housing with a combined GDV of INR 300 crore, targeting mid-income and premium housing.

Faze Three received approval under the Government's PLI Scheme for MMF Fabrics and Technical Textiles. The incentive applies to incremental sales of eligible products.

Media Matrix Worldwide has executed a supplemental deed reducing its corporate guarantee for subsidiary nexG Devices Private Limited from ₹70 crores to ₹50 crores to secure bank facilities.

Siddharth Mittal appointed Managing Director & CEO of Syngene International effective 1 July 2026, succeeding Peter Bains. Mittal joins from Biocon with nearly three decades of leadership experience and aims to sharpen commercial execution and restore growth momentum.

India Home Loan Ltd. restructured ₹17.55 crore debt with IDFC FIRST Bank into 84 monthly installments at 12% p.a. (11% if timely), with penal interest waived. Conditions include a personal guarantee from Mr. Mahesh Pujara, cash flow routing, and asset charge.

Sundara (Mauritius) Ltd, not promoter, sold 5,698,416 shares (10.43%) via open market, now 0.

Solarium Green Energy reported an order book of ₹852.28 crore as of June 30, 2026, comprising ₹467.50 crore in ground-mounted projects, ₹310.47 crore in solar module supply, and ₹74.31 crore in other segments.

Odd&Even Trades&Finance (Promoter): before 24330715 sh, after 26048333 sh, mode Open Market.

Promoter Ballygunge Family Trust bought 10,02,497 shares (pre 12,63,309 post 22,65,806) via open mkt.

Subsidiary Noumed Pharmaceuticals signed a 7.5-year exclusive OTC supply deal with Australia’s top pharmacy network, worth AUD 202M (₹1,300Cr).

Board approved fundraise via QIP or other permissible modes for aggregate amount not exceeding ₹ 10,000 crore, subject to shareholder approval. EGM convened on July 25, 2026 to seek member approval.

Anik Industries announced the Commissioner of Income Tax (Appeals) allowed its appeals for five assessment years, resulting in a combined positive financial impact of about INR 94 crore.

Board meeting on July 7, 2026 to consider fundraising via a Further Public Offer of equity shares, pending regulatory and shareholder approvals.

Promoter Rajesh Kumar Saraf sold 166,678 shares (3.31% stake) for approximately Rs 84 lakh, reducing his holding from 37.11% to 33.80%.

DSM Fresh Foods is evaluating a potential ₹40 crore annual aquaculture revenue opportunity following Aqua Ex North East 2026. The initiative involves onboarding ~1,200 fish farmers and procuring ~2,500 tonnes of fish annually. Three to four strategic partnerships are under discussion; completion remains subject to definitive agreements.

Sharp India Limited secured a domestic order worth INR 7.93 Cr for machinery supply, to be executed within one month.

Board approved preferential issuance of up to 23 lakh equity shares and 11.5 lakh convertible warrants at Rs 72 each to non-promoter investors, aggregating ~Rs 24.8 Cr, subject to shareholder approval via postal ballot.

Seller Kayum Razak Dhanani (Promoter) sold 43,031 shares via open market, holding now 0.

LG Farm Products sold 48,03,181 shares in LGB Forge via open market, stake down from 3.49% to 1.47%.

Jupiter Capital Private Limited sold 1M shares of AXISCADES Technologies on BSE, non-promoter, open market sale.

Rajasthan Global Sec (non-prom) sold 9,52,819 shr: 19,80,145→10,27,326. Open Market.

Galaxy Bearings Limited has been removed from the U.S. OFAC SDN List, concluding prior proceedings. This removal permits transactions with U.S. persons and the U.S. financial system, and is expected to normalize the company’s international business operations.

NACDAC Infrastructure received a ₹6.22 Cr LOA from Northern Railway for Roorkee station works. The company states it’s routine, in normal course of business, and won’t change its financial position.

Shri Pradip Kumar Das ceased as Chairman & Managing Director upon superannuation. Dr Bijay Kumar Mohanty, Director (Finance), has been entrusted additional charge as CMD for three months or until a regular appointment is made.

Evans Electric received a Rs. 1.6 crore service order from Tata Power for stator winding repairs at Bhivpuri Hydro Generating Station.

Promoter Ravi Todi disclosed the sale of nil equity shares between June 22 and June 30, 2026. His 31.79% holding remains unchanged.

Acuité upgraded long-term to A, short-term to A1

Shirdi Sai Elec. (promoter) sold 300K shares; voting shares 7.965M to 7.665M, open mkt.

Siyaram Recycling secured a Rs. 81.65 lakh order from Supreme Industries for CPVC inserts, to be executed in 7 days.

Avio Smart Market Stack signed an MoU with Intellecap to digitally empower Farmer Producer Organisations through its SMART platform, targeting operational digitisation, financial inclusion, and market access.

Promoter group sold 813,684 shares of Goodluck India Ltd via open market, voting rights now 54.00%

Promoters increased stake by 4.97% to 46.72% in Q1FY27 via open market purchases. Management targets doubling AUM, Total Income and PAT over three years, anchored on an AI-led, risk-disciplined lending strategy.

Lokesh Machines removed from US OFAC SDN List, unblocking all previously frozen property. This resolves a major regulatory overhang and restores normal business capabilities.

WABAG won a large order (USD 30-75M) for Vienna's Donauinsel Water Works expansion, strengthening its European footprint and order book.

RITES secures a Project Management Consultancy contract from BBAU for campus infrastructure development with a total project cost of approx. ₹175.41 Crore.

Exato Technologies received multiple work orders worth ~INR 10.36 crore in June 2026 for CX and telephony solutions, spanning 3-5 years, including domestic and international orders.

Unisem Agritech shifted its banking facilities from Federal Bank to Karnataka Bank, securing aggregate facilities of ₹21.69 crores through term loans and overdraft. The change aims for better services and working capital management, with no adverse impact on operations.

Board approved availing a credit facility of INR 16 Cr under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 from HDFC Bank as a working capital term loan at 8.95% interest.