Recent Update

Cupid Limited expects Q1 FY27 revenue above ₹150 Cr. Management raised FY27 revenue guidance to ₹660+ Cr from ₹600 Cr, citing strong international B2B demand, PFSCM agreement, and expanding condom and lubricant businesses. Net margins expected ahead of current guidance.

KPIT expects Q1FY27 USD revenue decline of ~1% YoY due to sudden European OEM cutbacks, with EBITDA and net margins declining proportionately. H1FY27 will be unsatisfactory; recovery expected in H2FY27 on resilient order book and AI-led measures.

EPACK Durable received Andhra Pradesh government approval for incentives under Mega Category, including 36.41-acre land allotment, 50% capital subsidy, for proposed investment of Rs 314 crore (Rs 1,084 crore combined with subsidiary).

NCC Ltd. received two transportation division orders totaling Rs 534.85 crore in June 2026.

JK Paper's Hardwood BCTMP Plant commenced commercial production on 30 June 2026, strengthening raw material integration and cost efficiency.

Board took note of resignation of CFO Mrs. Francisca Rosario effective June 30, 2026, and appointed Mr. Navraj Bhatt as CFO and Key Managerial Personnel effective July 01, 2026.

Kolte-Patil Developers fully redeemed its Rs 140 crore non-convertible debentures before scheduled maturity, extinguishing the entire liability.

CORONA Remedies commenced commercial production at its EU-GMP Women's Hormone facility (194M tablets/capsules, 1.5M ointments/gels p.a.), lifting in-house hormone capacity ~20%.

Yogi Limited received purchase orders worth approximately ₹48.62 crore from Companion Vinimay Trading for industrial components to be executed within 15 days.

The Board re-appointed Sushil Kumar Goyal as Managing Director and Abhey Goyal as Whole-time Director for three years. CFO Jai Gopal Sharma superannuated; Anil Kumar Rana, previously Finance Controller, appointed CFO effective July 1, 2026. Saju Mathew designated Senior Management Personnel.

Board meeting on July 3, 2026, to consider voluntary delisting of equity shares from the Calcutta Stock Exchange, while retaining BSE listing.

Board approved preferential issue of up to 15,01,434 equity shares at Rs 348/share aggregating ~52.25 Cr to QIBs and other non-promoter investors, subject to shareholder approval at EGM on July 23, 2026.

Trans India House Impex received a Rs. 60.49 crore income tax demand for AY 2024-25. The Company is appealing and expects no operational impact.

M.R. Maniveni Foods announced the immediate resignation of its CFO, Ramya Ramakrishnan, and Company Secretary & Compliance Officer, Krishnamachari Ramu, both effective June 30, 2026, without naming successors.

Received Ultra Mega order (>₹1000 Cr) from Power Grid Corporation for transformer manufacturing, to be executed over 30 months.

DP Global Wealth Management and Mr. Vikas Kataria triggered a mandatory open offer to acquire 26% of AMPL Capital at INR 30 per share after a market purchase increased their stake above 25%, for a total consideration of approximately INR 47.94 crore.

Contract win: GRE Renew Enertech received a ₹175 crore Letter of Award for a 50 MW AC solar EPC project with 3-year O&M from Solarium Green Energy, in ordinary course.

SKIL Infrastructure's Resolution Professional received seven resolution plans by June 27, 2026 under the ongoing CIRP, indicating significant applicant interest.

Board approved fundraise via Rights Issue of up to 100 Cr. Terms including issue price, entitlement ratio, record date to be decided later.

A-1 Limited appointed as primary authorized dealer for Ishan Dyes and Chemicals' sulphur-based products. Existing business of Rs 40 crore since February 2026 demonstrates commercial traction. Company expects meaningful revenue contribution in FY2026-27 and enhanced market positioning.

Avantel secured a Rs.83.80 crore purchase order from Zetwerk Manufacturing for satellite communication equipment, to be fulfilled by March 2027.

BHARATHI NARENDRA GALA (Promoter) sold 0.99% in Enbee Trade open mkt; voting rights 1.47cr→77.85L.

Board approved subscription of 3,80,000 shares of wholly owned subsidiary Fratelli Wines Private Limited at Rs 198/share, investing Rs 7.52 crore to fund working capital. Subsidiary reported FY26 turnover of Rs 181.20 crore.

Ceigall India emerged as L1 bidder for a ₹330.84 crore PWD Delhi road strengthening contract, with bid 29% above the estimated cost.

Board approved preferential issue of up to 22,00,000 convertible warrants at Rs 30 per warrant to MD Sudhir Avasthi and President Deepankar Barat (Non-Promoter/Public Category), raising Rs 6.60 Cr. EGM set for July 27, 2026 for shareholder approval.

BHARATHI NARENDRA GALA (Prom) sold 3.46M sh (Open Mkt). Pre: 37.7M (5.4%) Post: 34.2M (4.9%).

Chairman & Managing Director Diwakar Nigam has been unavailable for over 45 days due to pneumonitis-related health issues. The Company states business continuity is unaffected, with existing Whole-time Directors handling operations.

Sanjeev Lunkad and PACs acquired 7,179 shares via Open Market, pre-holding 527,922 to post-holding 535,101, non-promoter.

Board approved fundraise of up to INR 2,500 Crores via QIP, rights issue, preferential allotment, or a combination thereof, subject to shareholder and regulatory approvals.

Ramesh Keshubhai Siyani (promoter) converted warrants to 3.48M shares, voting rights 52.12L → 86.92L

Catalyst Trusteeship (non-promoter) pledge over 55.91% of Leela Palaces Hotels shares.

SRM Contractors secured three domestic infrastructure contracts worth Rs. 500.99 crore from MSIDC, MoRT&H, and NF Railway for projects in Maharashtra, Uttarakhand, and Nagaland.

Manufacturer of finished cover glass for mobile consumer electronic devices.

Shilpa Medicare's subsidiary signed a co-development and supply agreement with Orion Corporation for a nivolumab biosimilar targeting Europe's $4.1B immuno-oncology market. Shilpa will manufacture and supply; Orion will commercialize exclusively.

IVIS International, a wholly-owned subsidiary of Magellanic Cloud, received a non-binding Letter of Intent from Manappuram Finance for AI-powered e-surveillance across approximately 1,000+ branches, with final terms subject to definitive agreements and purchase orders.

Suzlon secured a 105 MW order for its next-gen S175 (5.0 MW) turbine from Sunsure Energy, marking the product's commercial debut just two weeks post-launch. This third order in 14 months brings their cumulative partnership to 400.8 MW.

KPIL won new orders of ₹2,957cr (~10.9% of FY26 revenue) in T&D, B&F, and Water businesses, marking entry into the Middle East water market.

APSEZ signed a definitive agreement with MSC's TiL to sell a 49% stake in Vizhinjam port for USD 1.397bn (total deal value USD 2.85bn), unlocking growth capital and securing volume visibility.

YES BANK received a refund order of Rs. 879 Crores from income-tax authorities after winning appeals against earlier assessment and reassessment orders for AY 2018-19, including interest and tax benefit.

KEC International won orders worth Rs 1,754 crore, including its largest-ever US tower supply order. YTD order intake crosses Rs 4,000 crore.

Board approved Qualified Institutions Placement (QIP) of equity shares with floor price of ₹1,547.18 per share. The issue opens today, June 29, 2026. Company may offer a discount of up to 5% on the floor price.

Accord Transformer received a Rs. 19.97 crore domestic order for wind turbine transformers. The order is described as routine, with no material change to financial position or business model.

Chambal Breweries approved amalgamation with Invade Agro (revenue Rs 88 crore, net worth Rs 303 crore) in a reverse merger. Exchange ratio: 5 Invade Agro shares for 2 Chambal shares. Transferor has nil operations. Subject to shareholder/NCLT approvals.

IVP Limited received immediate closure directions from Maharashtra Pollution Control Board for its Tarapur manufacturing unit due to alleged pollution violations. The company is taking corrective measures; financial impact is not yet ascertainable.

Director and CFO Arihant Jain resigned from Rajkamal Synthetics Limited effective June 28, 2026, citing personal reasons and other professional commitments. He confirmed no other material reasons for departure.

Board approved investments, loans, guarantees up to Rs 2,000 Cr, Rs 350 Cr investment in Celloraa Energy, acquisition of 50% stake for Rs 160 Cr, and guarantees up to Rs 1,000 Cr, subject to shareholder approval.

Board approved fundraise of up to INR 7,500 Cr via equity securities (max 10% dilution) and up to INR 8,500 Cr via debt securities, subject to shareholder approval at AGM on August 19, 2026.

Board accepted resignation of Mr. Karanj Dharmeshbhai Doshi as Managing Director effective June 29, 2026, citing personal reasons. He will also cease to be a Key Managerial Person. No other material agenda items discussed.

Insolation Energy approved a Rs 347 crore corporate guarantee to facilitate term loans for its 22 step-down subsidiaries, achieving financial closure for 400 MW PM KUSUM projects in Rajasthan.