Recent Update

Virtuoso Optoelectronics has received in-principle approval from the National Stock Exchange (NSE) to migrate 3,18,33,079 equity shares from the BSE SME platform to the NSE Main Board. This transition to the Capital Market Segment marks a significant milestone that typically enhances liquidity and institutional visibility.

Board approved fundraising of up to 2500 Cr. This includes up to 1500 Cr via a Qualified Institutions Placement (QIP) and up to 1000 Cr through equity shares, foreign currency convertible bonds (FCCBs), or other securities. The company will seek shareholder approval for the QIP via postal ballot.

Pennar Industries received in-principle approvals from NSE and BSE for the preferential issuance of 3,000,000 convertible equity warrants to the promoter category. Priced at a minimum of Rs. 168 per warrant, this move indicates significant promoter commitment and upcoming capital infusion.

Indobell Insulations secured a ₹5.10 crore domestic order from Skoda Power Private Limited for the supply of thermal insulations. The contract is scheduled for execution by September 15, 2026, and involves no related party interests or promoter involvement.

Sudarshan Pharma allotted 9,000,000 equity shares to promoters following the conversion of 900,000 warrants, receiving ₹11.46 crore in balance payment. This increases the total paid-up capital to ₹24.97 crore. Post-allotment, promoter shareholding stands at 58.93%, with shares issued at an adjusted price of ₹16.983 each.

Indobell Insulations secured an export order worth USD 82,170 from GE Vernova Operations LLC (USA) for Steam Turbine Insulation - Blanket Thermal. The contract is scheduled for execution by October 8, 2027, representing a key international client milestone.

Subsidiary Dreamax Realtors executed a Supplemental Development Agreement for a Mumbai redevelopment project. The project covers 2,531.62 sq. meters, providing the company approximately 51,086 sq. ft. of free sale area. Estimated Gross Market Value is Rs 200 crores, with a 42-month completion timeline.

Fabtech secured ₹153.05 crore in new orders during May 2026, primarily from renewable energy and pharma sectors. The consolidated order book reached ₹354.74 crore, with a further ₹541.16 crore in orders under active consideration, indicating a strong growth pipeline in data centers and renewables.

The US FDA classified Aurobindo Pharma’s subsidiary (Eugia Unit-III) as 'Official Action Indicated' (OAI) following an inspection with 11 observations. This regulatory status signifies serious compliance issues, likely halting new product approvals from the facility and introducing significant operational risk.

Capacit’e Infraprojects Limited will meet on June 17, 2026, to consider issuing senior secured unlisted redeemable non-convertible debentures. The board will discuss a 35 crore rupee base issue and a 20 crore rupee green shoe option, totaling a potential 55 crore rupees in debt fundraising.

Board adopted conservative valuation reports for Caravela Beach Resort Goa as of March 31, 2026. The asset's fair value was fixed at 829 Cr on an as-is basis and 982 Cr considering the under-construction banquet space. The 'Caravela' brand was valued at 81.9 Cr. The expansion project represents ~20 Cr capex and is expected to be operational by FY 2

Catalyst Trusteeship Ltd (Non-Promoter); Voting shares: Before 0, After 0; Mode: Encumbrance.

Promoter Saket Agrawal bought shares via Open Market. Pre: 22,79,44,612, Post: 24,27,14,612.

Board approved a fundraise of up to 51 Cr for business expansion. The funding consists of a 35 Cr preferential allotment, 10 Cr in debt, and 6 Cr via internal accruals. The Managing Director was authorized to finalize investors. The proposal is subject to shareholder and regulatory approvals.

SEPC Limited secured domestic orders totaling ₹673.32 crores from SAIL-ISP, Burnpur for its 4.08 MTPA crude steel expansion project. The contracts cover Coke Oven and Sinter Plant Balance of Plant packages, with execution timelines of 30 and 33 months respectively.

Board approved fundraising of up to 13.6 Cr through the preferential issue of 40,00,000 equity shares and 40,00,000 convertible warrants at Rs 17 each to promoter and non-promoter groups. The company scheduled an Extra-Ordinary General Meeting on July 09, 2026, to seek shareholder approval for the same.

Platinum Owl RSC (Non-Promoter) sold shares. Pre:20,98,15,438, Post:16,98,15,438. Mode: On-market sale.

Ipca Laboratories signed a global licensing agreement with Bhami’s Research Laboratory for its proprietary subcutaneous biologics delivery platform. Ipca will develop and commercialize monoclonal antibodies for oncology and inflammatory diseases. BRL will receive milestone fees for technology transfer and royalties on future global net sales upon c

Board approved 47 Cr fundraising via issue of 2 Cr fully convertible warrants to non-promoters at Rs 23.50 per warrant. It also approved acquiring 51% stakes in Delta Marine Products for 11.1 Cr and Aqua Marine for 15 Cr to expand manufacturing capacity and market reach.

Board approved the issuance of 2.8 crore equity shares via a Rights Issue at Rs 10 per share, aggregating to 27.8 Cr. The rights entitlement ratio is 3:2. The board fixed June 18, 2026, as the record date to determine eligible shareholders.

Promoters H, M & D Babariya sold 9.24L shares (Open Market). Pre: 2,726,770; Post: 1,802,770.

GSS Infotech Limited has incorporated Polimeraas Retail Private Limited as a wholly owned subsidiary. The company subscribed to 499,999 shares for a total value of Rs. 49,99,990, representing nearly the entire authorized share capital of the new retail-focused entity.

Keerthi Industries has temporarily closed its clinker production facility effective June 12, 2026. The shutdown is attributed to unfavorable market conditions within the cement industry. The company will notify the exchange once operations resume.

Mr. Sanjay Chhabra has resigned as Chief Financial Officer and Key Managerial Personnel of Campus Activewear Limited, effective July 7, 2026, citing personal reasons. The company has commenced the process of appointing a successor to ensure a smooth leadership transition.

Board approved calling an EGM for shareholder approval of material related party transactions with MAVPL (50 Cr limit), MSL (40 Cr limit), and MNSSPL (10 Cr limit). Additionally, approved acquiring the remaining 40% stake in MAVPL. Auditors highlighted material going concern uncertainties for all three related-party entities.

Monarch Surveyors secured a ₹5.25 crore Letter of Acceptance from CIDCO for land and housing surveys across three villages under Town Planning Scheme No. 11. This domestic contract win represents significant revenue visibility and a key business milestone for the company.

AXISCADES is divesting its aerospace engineering unit to Akkodis Group for USD 206.30 million. The phased exit involves an initial 51% stake sale, with proceeds targeting technology acquisitions and defense manufacturing. The business unit previously contributed 31% of the company's consolidated revenue.

Jayant Infratech received a ₹16.55 crore work order from South East Central Railway for overhead electrification projects, including the DLBS-Durg 4th line and Rajnandgaon Goods Shed. The domestic contract is scheduled for completion by June 2027 and is expected to drive revenue growth.

Artson Limited secured a ₹5.40 crore domestic purchase order from Deepak Chem Tech Limited. The contract involves manufacturing and supplying 15 vessels, tanks, and drums for the D3 Project at Dahej, with execution completing by March 2028.

Ritesh International Limited has deposited ₹51 lakhs as an installment of advance tax. This routine disclosure confirms the company's current tax compliance and liquidity management but does not provide specific forward-looking financial guidance, margin outlooks, or information regarding future order books.

FY27 Capex ₹77.45Cr. Oct 2026 production: Titan, Venus. BRP (150k/annum) SOP Q2-FY27. New nominations: Royal Enfield gears, Kawasaki (2027 SOP), ZF-North America.

A-1 Limited secured three domestic supply orders totaling ₹35 crores for acids and chemicals from marquee clients, including Solar Group and Mahadhan Agritech. To be executed in June 2026, these contracts significantly strengthen the order book and enhance revenue visibility.

Zuber Yusuf Dhanani (Promoter) acquired 150,000 shares via On Market. Pre: 0, Post: 150,000.

Amit Bhatia (Promoter) acquired shares via Open Market. Pre: 1,51,33,400, Post: 1,55,73,800.

Promoter Zoya Dhanani sold 1,26,601 shares (4.16% to 0%) of Sayaji Hotels via Open Market.

Pradeepkumar Sureka (Promoter); Before: 5,115,500; After: 13,828,500; Mode: Off Market Transmission.

Craft Emerging Market Fund (Non-Promoter) acquired 1,041,000 shares via allotment; held 0 before.

AVG Logistics secured a three-year contract with Haldiram-Nagpur to deploy 100 dedicated vehicles. The deal is expected to generate approximately ₹35 crore in annual revenue (representing ~6.35% of FY25 revenue), strengthening its FMCG segment and providing significant medium-term revenue visibility.

Dipti Ravindra Joshi (Promoter) sold shares. Pre: 410,000, Post: 270,800. Mode: Open Market.

The US District Court dismissed a $500 million lawsuit against Hexaware involving patent infringement and breach of contract claims. While plaintiffs may file an amended complaint, management anticipates no material change to the company’s financial position, operations, or ability to meet customer commitments.

NCLT Mumbai admitted Canara Bank’s insolvency petition against wholly owned subsidiary HK Toll Road Private Limited for an INR 282.60 crore claim. Reliance Infrastructure confirms its total exposure of approximately INR 355 crore is already provided for in its financial statements, mitigating prospective bottom-line impact.

Board increased authorized share capital to 20 Cr and approved loan/guarantee limits up to 200 Cr for related entities. Approved availing credit facilities totaling 25.9 Cr from SBI and others. Ratified a 7.8 Cr related party transaction and set significant new limits for agri commodity sales and purchases.

Manufacturing and production of Thermo-Mechanically Treated (TMT) steel bars.

Board approved the closure of QIP issue and determined the issue price at ₹ 11.05 per share for 13,57,46,600 equity shares (face value ₹ 1). This represents a total fundraise of approximately 150 Cr from eligible QIBs. The issue price reflects a 4.57% discount to the floor price.

BCPL Railway Infrastructure Limited secured a domestic contract from Eastern Railway valued at Rs 2.89 crores for 25 KV PSI and allied electrical works in the Sealdah division. The project involves replacing capacitor banks and is scheduled for completion within a twelve-month timeframe.