Recent Update

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.

Board approved raising of funds up to Rs 60 Crores via rights issue of equity shares at par or premium, subject to statutory approvals. Detailed terms including issue price and entitlement ratio to be determined later.

Board approved in-principle a buyback of equity shares up to INR 120 Cr at a max price of INR 478.50 per share (10% premium to the last closing price), subject to shareholder and regulatory approvals. This is the company's fifth buyback since listing. Board also approved the continuation of Mr. Arvind Kumar Prasad as Whole-Time Director beyond the

CRISIL reaffirms BBB-/Stable LT and A3 ST ratings

Board approved investment of ~Rs 87 Cr in Clio Tech Limited, Seychelles, for 100% acquisition; Rs 21.43 Cr already invested. Target entity incorporated March 2026 with no operations or turnover. Related party transaction. Balance to be invested within 12 months.

IRB InvIT Fund's investment manager will hold a board meeting on July 2, 2026 to consider raising funds via unit issuance and/or debt, and to seek unitholder approval.

Bandhan Bank's Chief Financial Officer Rajeev Mantri has resigned effective September 25, 2026, after serving a 90-day notice period, to pursue an external career opportunity.

SJVN signed Power Purchase Agreements with GUVNL for supply from upcoming Himachal Pradesh hydro projects: 66 MW Dhaulasidh, 210 MW Luhri Stage-I, and 382 MW Sunni Dam, ensuring long-term green power offtake.

Patel Integrated Logistics revised its tender buyback price upward from ₹18 to ₹20 per share, reducing shares to be bought back from 60 lakh to 54 lakh, while keeping total consideration unchanged at ₹10.80 crore.

Board approved allotment of 1.3 Cr equity shares upon warrant conversion. Authorised share capital raised from Rs 50 Cr to Rs 60 Cr. Borrowing limits enhanced to Rs 1,200 Cr with creation of charge on company assets. Recommended appointment of Shyam S. Gupta & Associates as statutory auditors.

Hazoor Multi Projects announced the forfeiture of 24.82 lakh unexercised warrants, resulting in a lapse and Rs.18.67 crore upfront consideration retained. No equity shares were allotted, leaving paid-up capital unchanged.

Board took note of loan agreement with Aditya Birla Capital Limited for a ₹80 Cr secured term loan facility, comprising refinancing of existing consortium loans of ₹32.06 Cr from three co-operative banks and a fresh term loan of ₹47.94 Cr.

Board approved merger of Sankalp Industrial Infratech Private Limited into Ekansh Concepts Limited with a share exchange ratio of 7 ECL shares for every 8 SIIPL shares. Post-merger promoter holding will be 73.71%. Mrs. Neha Beriwala and Mr. Rajesh Kumar Agrawal appointed as Additional Executive Directors.

Purple Finance approved sale of a loan portfolio up to Rs 23 crore via Direct Assignment, expected to be income accretive, with a 90:10 participation ratio and the company continuing as servicer.

Engaged in sale and distribution of pharmaceutical products to hospitals.

Axis Bank CFO Puneet Sharma resigned effective August 31, 2026, citing completion of his mandate. The Board also re-appointed CH S S Mallikarjunarao as Independent Director and Munish Sharda as Executive Director, subject to regulatory and shareholder approvals.

Godavari Biorefineries commenced a 200 KLPD corn/grain-based distillery at Sameerwadi, adding dual-feedstock capability with ~Rs 130 Cr investment, to bolster ethanol production resilience and meet blending demand.

Tarun Jaitly resigned as CFO of Juniper Hotels and its material subsidiary effective July 15, 2026. Interim responsibilities will be overseen by President Amit Saraf and VP Sandeep Joshi until a successor is appointed.

SWREL JV secured a ~USD 560 million EPC order for a 1,000 MWac solar PV project with 600 MWh BESS in Egypt. Marks the third GW-scale order in 9 months.

Promoter group entities and Jindal India Power announce intention to voluntarily delist Jindal Photo Ltd, proposing to acquire the 25.8% public float (2.65M shares) via reverse book building. Floor price and timeline are pending.

CONCOR appointed Director (Project & Services) Shri Ajit Kumar Panda as Chairman & Managing Director, effective on or after 1 August 2026 until his superannuation on 31 August 2028.

Wholly owned subsidiary DACL Fine Chem signed a binding term sheet to acquire 50 acres in Kakinada for ₹40 crore, to set up a new chemical plant. The term sheet is valid until June 2027.

Diffusion Engineers received a domestic order worth ~INR 26.31 Cr for supply of RAPH Rotor Assembly to the power industry, with at least three rotors due by March 2027.

ZF Steering Gear entered into a preliminary, non-binding Framework Co-operation Agreement with China’s Hubei Tri-Ring to explore developing Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India.

DP Global Wealth Mgmt (non-promoter) bought 15.08L AMPL Capital shares via open market, stake 8.96%.

Promoter sellers Atin J Agarwal (242332 to 0) & Jainarain O Agarwal (1766921 to 1716921) open market.

Sudhir Sethi (Promoter) bought 6950 shares via market, increasing voting rights from 504169 to 511119.

Pace Digitek's material subsidiary Lineage Power signed a Master Supply Agreement with Rongjie Energy Tech for 3 GWh of LFP battery cells, securing long-term supply for its Battery Energy Storage Systems manufacturing platform.

Board approved fundraise of up to Rs 107 Cr via rights issue of equity shares to existing shareholders (excluding promoter and promoter group). Authorised a Rights Issue Committee to decide issue terms, price, ratio, record date, and to finalise the Draft Letter of Offer.

Board authorized exploring acquisition of USFDA/EU-GMP/WHO-GMP compliant pharma manufacturing units to expand capacity. Also authorized discussions to raise up to Rs 300 Cr via CCDs/CCPS/NCDs through private placement, subject to approvals.

Niraj Rajnikant Shah, non-promoter, acquired 9,25,000 sh (6.44%) open mkt, prior 0, post 9,25,000.

Desco Infratechreceived a Rs. 67.42 million purchase order from Adani Total Gas for MDPE pipeline laying and LMC activities in Faridabad.

Omaxe announced a dedicated hospitality vertical, planning to invest Rs. 6,200 crore to develop 19 hotels across five states over 4-5 years, targeting approximately Rs. 1,000 crore in annual revenue upon stabilization.

Blue Cloud Softech Solutions empanelled by BSNL as a Captive Non-Public Network Provider for 60 months, enabling participation in enterprise CNPN projects; no specific business or revenue guaranteed.

Puravankara entered a JDA for a 6.4-acre land parcel in Sarjapur, Bengaluru, with estimated GDV of Rs 1,000 crore. Total potential GDV from acquisitions and JDAs in Q1FY27 reached Rs 5,200 crore across four land transactions.

Board approved merger of REC Limited into PFC with share exchange ratio of 88 PFC shares for every 100 REC shares. Merged entity will have aggregate loan book of over INR 11 lakh crore. Scheme subject to regulatory and shareholder approvals.

Board approved merger by absorption of REC into PFC with share exchange ratio of 88 PFC shares for every 100 REC shares, subject to regulatory and stock exchange approvals. PFC holds 52.63% of REC. Board also approved fund raising of up to ₹1,40,000 Cr via private placement of bonds/debentures.

Board approved additional working capital term loan of Rs 4.09 Cr from HDFC Bank under ECLGS 5.0, increasing total banking facilities to Rs 48.74 Cr. Board also enhanced existing corporate guarantee to subsidiary Iotiq Innovations by Rs 0.89 Cr to Rs 5.39 Cr in favour of SBI.

Board approved fundraise of up to Rs 1800 Cr via QIP and/or Preferential Issue. Approved loan, guarantee and investment limit of up to Rs 2000 Cr. Borrowing limits increased to Rs 600 Cr from Rs 350 Cr. All subject to shareholder approval at EGM.

Sri Chakra Cement halted all manufacturing at its sole Karampudi plant due to acute working capital constraints, with estimated annual revenue loss of ₹130 crore and no clear timeline for resumption.

Board approved borrowing proposals aggregating up to Rs 65 Cr from related parties (including intercorporate loans and director borrowings) subject to shareholder approval at the ensuing AGM, to fund business operations.

Aelea Commodities Limited has secured a working capital credit facility of Rs 27.50 Crores from ICICI Bank, executed on 26 June 2026, secured by fixed deposits, current assets, and personal guarantee.