Latest Announcements

Greaves Cotton Limited has successfully incorporated a wholly-owned subsidiary, 'Greaves International Trading FZE' (GITFZE), in Dubai, United Arab Emirates, effective June 18, 2026. This new entity is established with the primary objective of engaging in international trading and distribution of the company's products and services. The strategic move aims to strengthen Greaves Cotton's global market presence, optimize its international supply chain, and drive business growth in overseas markets.

Wendt (India) Limited has infused an additional capital of THB 46,350,000 (approximately INR 13.29 crores) into its wholly-owned subsidiary in Thailand, M/s. Wendt Grinding Technologies Limited (WGTL). This infusion is part of a plan to make WGTL's equity capital fully paid up, with the remaining THB 3.00 per share to be infused later. WGTL, incorporated in 2005, is engaged in the sales and distribution of abrasives.

PI Industries Limited has converted Optionally Fully Convertible Debentures (OFCDs) worth Rs. 10,000 million held in its wholly-owned subsidiary, PI Health Sciences Limited (PIHS), into 72,46,37,687 equity shares at Rs. 13.80 per share. This internal capital restructuring does not involve cash or change PIIL's 100% ownership of PIHS. The conversion, identified as an arm's length related party transaction, aims to strengthen the consolidated balance sheet and support the CRDMO subsidiary's operations.

Rashi Peripherals Limited announced the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crores. VDA, established in 2010, operates in the enterprise technology and digital solutions space with a turnover of INR 850 Crores as of March 2026. This acquisition is a strategic move for forward integration, complementing Rashi Peripherals' core IT products distribution business by expanding into high-growth areas like cloud, cybersecurity, and data protection. The Board also recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second term.

Wipro Limited has informed the exchanges about a delay in the completion of its previously announced acquisition of select customer contracts from Alpha Net Consulting LLC and its subsidiaries. The transaction, initially expected to conclude by June 30, 2026, is now anticipated to be finalized latest by September 30, 2026, extending the timeline by three months.

Honasa Consumer Limited has approved the acquisition of a majority 58% equity stake in Fluence Pharma Private Limited for approximately ₹135 Crores enterprise value. Fluence Pharma offers condition-specific OTC supplements under brands like "Hair Fact" and "Skin Fact." This strategic move marks Honasa's entry into the rapidly growing nutraceuticals market, which is valued at over ₹16,000 Crores. The company also announced the incorporation of a wholly-owned subsidiary, Honasa Health Private Limited, to manage its B2C nutraceuticals business. The remaining 42% stake in Fluence Pharma will be acquired in two tranches over the next 5-7 years.

Sunteck Realty Limited has incorporated two new wholly-owned subsidiaries, Eminara Realty Private Limited and Eminara Lifespace Private Limited, on June 20, 2026. Both entities are engaged in real estate and allied activities. Sunteck Realty has subscribed to 100% of the share capital of each subsidiary by investing ₹100,000 in each. This move establishes new corporate vehicles for potential future real estate projects and business expansion.

Grasim Industries Limited has successfully acquired an additional stake in its material listed subsidiary, Aditya Birla Capital Limited (ABCL), by participating in a preferential issue of equity shares. Grasim invested approximately Rs. 2,880 crore to purchase 8,08,94,331 equity shares at Rs. 356.02 per share. This transaction marginally increased Grasim's shareholding in ABCL from 52.27% to 52.30% on a fully diluted basis. The capital infusion is intended to meet ABCL's growth objectives, augment its capital base, fund its lending business, and for other general corporate purposes.

Zota Health Care Limited has acquired an 80% stake in Globotask IT Consultancy Services Private Limited (GITCPL) for a cash consideration of INR 25 lakhs. GITCPL, an IT software and services company, generated a turnover of INR 19.28 lakhs in FY 2025-26. The acquisition aims to provide IT solutions, including cloud-based software, app development, and ERP, to Zota Health Care and its subsidiaries, making GITCPL a subsidiary.

Zota Health Care Limited has acquired 20,00,000 equity shares of its wholly-owned subsidiary, KMHP Ventures Limited, by subscribing to a rights issue for Rs. 2 crore. KMHP Ventures, a pharmaceutical company with NIL turnover in FY26, plans to launch a PAN India retail store chain called "Ugo Generic" for B2B and B2C sales of generic medicines. This strategic investment aims to support KMHP's expansion into the generic retail segment, onboarding ~12.5 lakh retail pharmacies.

Zota Health Care Limited has acquired 1,000,000 equity shares of its wholly-owned subsidiary, Curexis Ventures Private Limited, for Rs. 2 crore through a rights issue subscription. This strategic investment aims to expand Curexis's SKIA retail pharmacy stores and address its working capital needs. Curexis, engaged in drug manufacturing, development, and marketing, will continue as a wholly-owned subsidiary post-acquisition. The subsidiary reported a turnover of Rs. 1.18 lakhs in FY2025-26. The transaction was a cash consideration.

Concord Biotech Limited (CONCORDBIO) has announced an investment agreement with FSGE Renewable Power Private Limited, categorised under an acquisition intimation. The company will invest in a Wind Solar Hybrid Power Project designed with a wind capacity of approximately 6.3 MW AC. This strategic move, which follows a previous intimation, marks CONCORDBIO's entry into renewable energy generation. For investors, this signifies the company's commitment to sustainable practices and could lead to long-term operational efficiencies.

Amber Enterprises India Limited announced that its material subsidiary, IL JIN Electronics (India) Private Limited, acquired an additional 37.50% equity stake in Ascent Circuits Private Limited on June 19, 2026. Ascent Circuits was already a step-down subsidiary of Amber and a subsidiary of IL JIN. This decision further increases Amber's overall ownership and control in Ascent Circuits. For investors, this signifies enhanced consolidation within the group, potentially streamlining operations and financial reporting for Ascent Circuits.

Wipro Limited has announced the completion of its acquisition of an additional 20% stake in Aggne Global IT Services Private Limited. The transaction was finalized on June 18, 2026, earlier than the previously expected completion date of June 30, 2026. Wipro had initially informed the exchanges about its intention to acquire this additional stake. For investors, this signifies Wipro's increased ownership and potential deeper strategic integration with Aggne Global IT Services.

KPI Green Energy Limited has announced the incorporation of a new Wholly Owned Subsidiary (WOS) named "KPGC One Private Limited." This new entity was officially incorporated on June 18, 2026, as per the disclosure made under SEBI Listing Regulations. The announcement does not detail specific financial figures or investment amounts for this incorporation. For investors, this strategic move suggests the company's intent to expand its business operations or restructure its existing framework within the green energy sector, potentially laying groundwork for future projects or growth initiatives.