Recent Update

Promoter Sumanth Ramamurthi acquired 280,457 shares (0.51%) via open market, holding now 9,720,987.

Board approved scheme of amalgamation for merger of Aditya Ultra Steel Limited into VMS TMT Limited, with share exchange ratio of 75 VMS shares for every 100 AUSL shares, subject to NCLT/SEBI approvals. The merger consolidates two TMT bar manufacturers under Kamdhenu brand across Gujarat, combining 300+ dealers and 308,000 tonnes annual capacity.

VMS TMT board approved merger of Aditya Ultra Steel Ltd with itself. Share swap ratio: 75 VMS shares for 100 AUSL shares. Consolidates Gujarat TMT operations under Kamdhenu brand, combining 200k TPA (VMS) and 108k TPA (AUSL) capacities. Subject to NCLT and regulatory approvals.

Strides announced a deal with Ascent Capital to sell a majority stake in subsidiary Pivot Path, realizing ~£1,000m while retaining ~20%. The transaction values Pivot Path at ~£2,300m post-money and includes £500m primary infusion. Pivot Path reported FY26 revenue of £1,447m and EBITDA £169m.

DP Global Wealth Mgmt (non-promoter) bought 20.19L sh AMPL Cap. Pre 19.78L Post 39.97L OpenMkt

Board approved demerger of Driver Information & Connected Vehicle Solutions (DICVS) business into Pricol Autotech Limited. Shareholders to receive 1:1 share. DICVS revenue Rs 2,424.63 Cr (61% of FY26 consolidated turnover). Aims to create two focused listed entities. Subject to approvals.

Ashok Vaswani, MD & CEO, will not seek re-appointment after his term ends December 31, 2026, for personal reasons. The Board has initiated the search for a successor.

Promoter Satynarayan Kabra sold 200K shares (2.73%) of Disha Res. open mkt; post-sale 685K (9.36%)

Vikran Engineering cancels ₹354 crore solar EPC contract with Ellume Energy due to client delays in PPA and approvals. Mutual decision; no material impact expected.

CRISIL withdrew ratings on bank facilities of KBL.

Board approved enabling resolution to raise up to ₹10,000 Cr via equity or eligible securities. GMTN Programme upsized to USD 2 bn from USD 1 bn. Borrowing limit enhanced to ₹75,000 Cr from ₹60,000 Cr. Vikas Jain appointed CFO replacing Kapish Jain who moves to Chief Strategy Officer role.

SPR Auto Technologies scheduled institutional investor meetings on June 29, 2026, with firms including Goldman Sachs and SBI Mutual Fund. No unpublished price sensitive information will be discussed, and the presentation will mirror publicly available materials.

Promoter group member Maninder Singh sold 1,135,767 shares (2.65% stake) via market sales between June 18-24, 2026, reducing his holding from 10.60% to 7.95%.

Vikran Engineering received a ₹3,518 Cr EPC work order from its wholly-owned subsidiary NOPL for a 969 MW solar project, restructuring and replacing a prior ₹2,035 Cr external contract following its acquisition of NOPL.

Persistent signed a 6.5-year strategic services agreement with a US-based global tech leader. Total contract value exceeds USD 650 million (USD 125 million annually), covering enterprise cloud services and product development.

Board approved acquisition of Nagarro SE, German IT services firm (EUR 1B CY25 revenue, ~18,500 employees), at EUR 81/share for 100% via voluntary public takeover through wholly owned subsidiary BidCo. Bridge financing of EUR 1.4B from Barclays with corporate guarantee of EUR 1.54B. Combined entity at ~$2.9B revenue, 46,000+ employees. Expected clo

Received a Provisional Attachment Order from the Enforcement Directorate under PMLA provisionally attaching assets worth ~Rs 55.57 crore. Company is examining the order and consulting legal advisors; financial impact currently unascertainable.

PGCIL revoked its November 2025 exclusion order against KEC International effective June 26, 2026, immediately restoring the company's eligibility to bid for PGCIL tenders and contracts.

Utkarsh Small Finance Bank's Management Committee approved sale of stressed loans to an ARC: Rs 726.8 crore aggregate principal across three pools (unsecured MFI and secured vehicle loans), with a total reserve price of Rs 145 crore.

Impera Worldwide Limited announced the resignation of Managing Director Ganesh Yadav, effective June 26, 2026, citing personal reasons. No additional material reasons were disclosed.

Gujarat Themis Biosyn initiated arbitration against Optimus Drugs for terminating a supply agreement, claiming Rs 75 crore break fees, Rs 15 crore damages, and interest on delayed payments, with no expected financial penalty.

Mrs. D. Pravallika, Chief Financial Officer, resigned for personal reasons effective June 30, 2026. The company is arranging a smooth transition.

Syrma SGS appointed Jaidit Singh Brar as CEO effective June 29, 2026, while current CEO Satendra Singh transitions to Senior Operating Director. Brar previously served as senior partner at McKinsey & Company.

Sun Pharma Advanced Research announced the retirement of HR Head Shanta Gupta and COO Dr. Nitin Dharmadhikari effective June 30, 2026, along with the appointment of Prasanna Deshmukh as Functional Head - HR from July 1, 2026.

Promoter Jeetender Kumar Agarwal acquired 237,981 shares off-market; VR from 2,995,162 to 3,233,143.

Bajaj Healthcare became the first Indian company to receive SEC recommendation to manufacture and market Cenobamate tablets for partial-onset seizures. This milestone advances its CNS portfolio and positions it for final regulatory approval.

Board approved proposal to raise funds up to Rs. 50 crores through permissible modes including rights issue, preferential issue, convertible securities, or warrants, subject to regulatory and shareholder approvals. Specific mode, pricing, and terms to be determined later.

CFO Adarsh Sharma resigned effective June 26, 2026, citing ongoing health issues.

Board approved change in designation of Mr. Chandragupt Prakash Mangal from Managing Director to Non-Executive Non-Independent Director effective June 26, 2026. Approved enabling resolution for conversion of outstanding loans/debt into equity shares, subject to shareholder approval. Final dividend of Re. 0.01 per share declared for FY26. AGM set fo

Received an international order worth ~₹510 Cr from China Petroleum Engineering-Abu Dhabi for pipeline construction, to be executed over 21 months.

ED issued a Provisional Attachment Order attaching company assets worth Rs 7.54 Cr under PMLA, linked to siphoning of funds from Bhushan Power & Steel. The company plans to legally contest the order.

Bluspring's step-down subsidiary STEAG Energy received a 5-year O&M contract extension from Vedanta for a 1,800 MW thermal plant, valued at ~Rs 1,220 Cr.

Indo Tech Transformers board approved an additional INR 360 Crores capex, taking total outlay to INR 495 Crores, to expand transformer capacity to 50,000 MVA by March 2029, funded via internal accruals and debt.

DCX Systems and subsidiary Raneal Advanced Systems received purchase orders totaling ~INR 435.85 Cr for electronic kits, cable assemblies, and PCBs. The largest is a INR 409.40 Cr export order.

Dhruv Wellness' Committee of Creditors approved Barouliya Fragrancia's ₹5.55 crore resolution plan with 98.55% voting, proposing ₹5.22 crore to secured financial creditors and ₹30 lakh toward CIRP costs, payable within 30 days of NCLT approval. Liquidation was rejected.

Enforcement Directorate completed a search of company premises on 25/06/2026. No discrepancies found in inventory or cash, and no seizures were made.

Board approved a Scheme of Arrangement for amalgamation of KML Tradelinks Private Limited into Kisan Mouldings Limited, and subsequently Kisan Mouldings into its holding company Apollo Pipes Limited. Share exchange ratio: 4.96 equity shares of Apollo Pipes for every 100 shares of Kisan Mouldings. Appointed date: 1st April 2026, subject to sharehold

Transrail Lighting secured international T&D EPC orders worth ₹459 crore in MENA, taking FY order inflow to ₹1,034 crore with a ₹400 crore L1 position. Management highlighted a healthy bidding pipeline supporting growth momentum.

Board approved Scheme of Amalgamation with Ipca Laboratories Limited. Exchange ratio of 7 shares of Ipca (Re.1) for every 200 shares of Krebs (Rs.10). Appointed date April 1, 2026, subject to regulatory approvals.

Deccan Healthcare Limited announced the immediate resignation of Chief Financial Officer Parth H. Palera, effective June 25, 2026, to pursue another career opportunity. He also ceased as Key Managerial Personnel for disclosure purposes.

Board approved issue of equity shares by way of Rights Issue of up to Rs. 15 Crores to eligible shareholders as on record date, subject to regulatory and statutory approvals. Details including issue price, rights entitlement ratio, and record date to be determined subsequently.

Board noted execution of SPA for promoter to sell 73.48% stake to Riddhi Infocom Solutions LLP & Mr. Alpitkumar Gor, triggering change in control and open offer. Approved preferential issue of 22.25 lakh shares at Rs 86/sh (Rs 19.13 Cr). Postal ballot for shareholder approval.

Ashoka Buildcon received a $35.42M LoA from Guyana's housing authority to build a four-lane highway (Lot 8) over 20 months.

Board approved issue of equity shares up to Rs 139.3 Cr via Rights Issue to eligible shareholders. Terms including issue price, entitlement ratio and record date to be determined by the Board/Rights Issue Committee.

Meta Infotech received orders totaling Rs 5.43 Cr, comprising a fresh order from a leading real estate company and renewals from a life insurer and a large private bank.