Latest Announcements

Apollo Tyres Limited has informed shareholders about the recommendation of a Final Dividend of ₹2.50 per equity share for FY26. This dividend is subject to approval at the 53rd AGM on July 29, 2026, with a record date of July 10, 2026. The company also provided detailed information regarding the applicable Tax Deduction at Source (TDS) and withholding tax provisions under the Income Tax Act, 2025, for both resident and non-resident shareholders, outlining rates and necessary documentation.

Tata Power Company Limited announced that the Ministry of Power, Government of India, has extended the validity of directions issued under Section 11 of the Electricity Act, 2003, for its Mundra Thermal Plant. The directions, originally valid until June 30, 2026, will now remain in force until September 30, 2026. This extension ensures continued operational clarity for the plant for an additional three months.

Manali Petrochemicals Limited announced that the Division Bench of the Hon'ble Madras High Court has granted an interim stay on its order dated March 25, 2026, in W.P. No. 5850 of 2016. This interim relief was provided in response to a Writ Appeal (WA No. 1538 of 2026) filed by the company. The stay is subject to certain conditions, and the matter is slated for further hearing. The company's legal counsel is currently evaluating the legal and financial implications of this development.

Garden Reach Shipbuilders & Engineers Limited (GRSE) has been declared the Lowest Bidder (L1) for a tender issued by Shyama Prasad Mukherjee Port, Kolkata (SMPK). The tender is for the supply of one 15 TON Electric Bollard Pull Tug, valued at approximately Rs. 40.00 crores. The bid was opened on June 23, 2026, marking a positive development for GRSE's order book.

Power Finance Corporation (PFC) has successfully priced and launched a USD 300 million bond issue with a 5.32% coupon rate, maturing in 2031. These notes, part of a larger Global Medium Term Note Programme, will be listed on NSE IFSC and India INX. The proceeds from this fundraise are earmarked for use in accordance with the Reserve Bank of India's external commercial borrowing guidelines, bolstering PFC's financial capacity for its lending operations.

Gayatri Highways Limited (GHL) has provided an update on the sale of its 49% stake in associate company HKR Roadways Limited. The sale, governed by a Securities Purchase Agreement dated February 12, 2026, is now anticipated to be completed on or before September 30, 2026, pending HKR Roadways Limited's compliance with certain conditions. GHL expects to receive approximately INR 200 Crores from this divestment, with a potential additional INR 48 Crores contingent on Wholesale Price Index related events. HKR Roadways Limited contributed a modest 0.63% to GHL's net profit in FY 2024-25.

LT Foods Limited has announced the incorporation of a new wholly-owned subsidiary, "LT FOODS AUSTRALIA PTY LIMITED", in Australia. This move signifies the company's strategic expansion into the Australian market, following a prior intimation on June 15, 2026. The establishment of this subsidiary is expected to strengthen its international presence and facilitate new business opportunities in the region.

GTPL Hathway Limited has signed a Business Transfer Agreement to acquire the Cable Television Business of seven companies belonging to the ACT Group for a cash consideration of Rs. 36.23 crore. This strategic acquisition will add approximately 6.00 lakh cable television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, significantly expanding GTPL's market presence. The transaction is not a related party deal and requires no governmental approvals, with completion expected by September 15, 2026.

Krishna Institute of Medical Sciences Limited has received approval from both BSE and NSE for the listing of 1,98,67,549 equity shares. These shares, with a face value of Rs. 2/- each, were issued to qualified institutional buyers through a Qualified Institutional Placement (QIP). This intimation confirms the successful completion of the regulatory process for the QIP shares to be traded on the exchanges.

Kajaria Ceramics Limited announced the successful passing of a Special Resolution via postal ballot to approve a share buyback. The company will buy back up to 2,150,000 equity shares at Rs. 1,380 per share through a tender offer route. This resolution received overwhelming approval, with 97.82% of the valid votes cast in favour, as per the Scrutinizer's Report dated June 23, 2026. This move allows the company to return capital to shareholders and potentially enhance earnings per share.

Mangal Credit and Fincorp Limited has successfully allotted 2,000 secured, listed, rated, taxable Non-Convertible Debentures (NCDs) on a private placement basis. This fundraise aggregates to INR 20 crore, with each NCD having a face value of INR 1,00,000 and issued at a discount. The NCDs carry an annual interest rate of 11.75%, payable monthly, and have a tenure of 27 months, maturing on September 23, 2028. The funds, secured by a charge on identified receivables, will enhance the company's financial resources for operational growth.

Bigbloc Construction Limited has filed an Investor Presentation for June 2026, outlining its position as a leading AAC block manufacturer in India with 1.3 million m³ p.a. capacity. The presentation highlights a 22% 5-year revenue CAGR, expansion plans including land acquisition in Madhya Pradesh for central India growth, and diversification into construction chemicals. It also details the company's operational history, existing manufacturing facilities, and financial overview.

Bharti Airtel Limited has completed the acquisition of a 16.3% stake in its UK-listed subsidiary, Airtel Africa plc, from Indian Continent Investment Limited (ICIL) on June 22, 2026. This transaction increases Bharti Airtel's effective stake in Airtel Africa to approximately 79%. In consideration for the stake, the company's Special Committee of Directors approved the preferential allotment of 146,761,335 fully paid-up equity shares to ICIL. As a result, ICIL now holds approximately 3.25% of Bharti Airtel's total post-issue equity share capital, and the company's paid-up equity share capital has increased.

Chembond Material Technologies Limited informed shareholders about its 51st Annual General Meeting (AGM) to be held virtually on July 17, 2026. The company provided details for accessing the Integrated Annual Report for FY 2025-26. Key dates include July 2, 2026, as the record date for the final dividend, with payment scheduled on or after July 22, 2026, in compliance with SEBI Listing Regulations.

Oswal Greentech Limited's board has approved the incorporation of a 95%-owned subsidiary in Dubai, UAE, for real estate development and property development, signaling an international expansion strategy. The company plans an initial investment of AED 40 million in this new venture. Concurrently, M/s Siddharth S. Kothari & Co. has resigned as the internal auditor of the company, citing personal reasons.

JSW Infrastructure Limited has initiated a Qualified Institutions Placement (QIP) today, June 22, 2026, comprising a fresh issue of equity shares by the company and an Offer for Sale by the promoter, Sajjan Jindal Family Trust. The Finance Committee has approved the opening of the offer, set the floor price at ₹290.35 per equity share, and adopted the preliminary placement document. The company and promoter may offer a discount of up to 5% on the floor price, with the final offer price to be determined in consultation with book running lead managers.

Transrail Lighting Limited is set to acquire a 100% equity stake in Gactel Turnkey Projects Limited, an Industrial Cooling Solutions provider, from Ajanma Holdings Private Limited. This strategic acquisition, despite Gactel's FY26 turnover of ₹0.58 Crore, aims to strengthen Transrail's engineering and EPC capabilities in cooling towers and industrial chimneys and support future growth. The transaction is a related party deal but is stated to be at arm's length. Additionally, Mr. Raman Rajagopalan has resigned as Deputy Managing Director for personal reasons, effective July 31, 2026.

Venus Pipes & Tubes Limited announced strong audited financial results for the quarter and year ended March 31, 2026. For FY26, revenue from operations grew to Rs. 11,668.48 million from Rs. 9,585.26 million in FY25, and net profit after tax increased to Rs. 1,019.62 million from Rs. 928.89 million. The statutory auditors provided an unmodified opinion on the results. Additionally, the Board recommended a final dividend of Rs. 0.50 per equity share for FY26 and re-appointed the internal and cost auditors for FY27.

Hind Rectifiers Limited has disclosed the sale of a part of its non-operational Dehradun plant for a consideration of Rs. 5 Crore. The plant had been non-operational since 2023 due to product obsolescence, with no machinery or plans for restart. The Board had approved the sale negotiations, and the company executed a sale deed on June 22, 2026. The buyer is not related to the promoter or promoter group, and the transaction is not a related party transaction.

Pace Digitek Limited has released an investor presentation highlighting its robust growth journey in telecom and energy infrastructure. Key points include a significant order book of Rs. 11,338 Cr as of May 25, 2026, and the commission of a large-scale Battery Energy Storage System (BESS) manufacturing facility at Bidadi, Karnataka. The company plans to expand its BESS manufacturing capacity from 2.5 GWh to 10 GWh and successfully raised Rs. 819.15 crore through a fresh issue of shares in 2023, reinforcing its scalable platform strategy.