Latest Announcements

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.

Choice International Limited has appointed Dr. Nitin Kareer, a former Chief Secretary to the Government of Maharashtra and a retired 1988 batch IAS officer, to its Advisory Board. Dr. Kareer brings over three decades of distinguished leadership experience in public finance, taxation policy, urban development, and state governance, including expertise in institutional reforms and digital transformation. His appointment is expected to strengthen regulatory compliance, improve policy oversight, and enhance long-term strategic decision-making for the company.

Take Solutions Limited resubmitted its audited financial results for Q4 FY26 and the financial year ended March 31, 2026, confirming no changes from the previously approved figures. The auditor's report contained a qualified opinion concerning ~INR 8.76 crores in income tax assets due to pending litigations, an issue noted repetitively since FY23. However, the report also emphasized a significant financial turnaround, with the company reporting a net profit of ~INR 2.72 crores in FY26 compared to a net loss of ~INR 69.74 crores in the prior year, alongside substantial clearance of debt obligations using divestment proceeds and ongoing diversification efforts.

Foseco India Limited successfully completed the sale of 99,081 equity shares, representing 1.77% of its subsidiary Foseco Crucible (India) Limited (FCIL), through an open market route for approximately INR 11.99 crore. This transaction was undertaken to enable FCIL to comply with minimum public shareholding requirements as per SEBI regulations. Post-sale, Foseco India's shareholding in FCIL has reduced to 75.00%, ensuring regulatory adherence.

Honda India Power Products Limited announced that the Joint Commissioner of State Tax, Raipur, has allowed its appeal and dropped a demand for excess Input Tax Credit (ITC) of Rs. 3,32,048, along with interest of Rs. 1,75,703 and a penalty of Rs. 33,205, totaling Rs. 5,40,956, for the year 2019-20. The company stated that there is no material impact on its financial, operational, or other activities due to this order.

A promoter of Orient Press Limited, Mr. Varun Naveen Maheshwari, acquired a total of 8,338 equity shares (3,337 shares on June 16, 2026, and 5,001 shares on June 17, 2026). Following these acquisitions, his total holding in the company increased to 18,595 equity shares, representing 0.18595% of the total equity share capital. This transaction, while small in quantum, indicates the promoter's increased confidence in the company's future prospects.

Kalyani Steels Limited has announced the successful conclusion of a postal ballot, confirming shareholders' approval for the appointment of Mr. Shishir Joshipura as an Independent Director. The resolution was passed by the requisite majority through e-voting, which commenced on May 22, 2026, and concluded on June 20, 2026. This appointment, in compliance with regulatory provisions, reinforces the company's commitment to strong corporate governance practices.

Ganesh Consumer Products Limited announced that its Managing Director and promoter acquired equity shares of the company. This disclosure was made under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, fulfilling the mandatory compliance requirements for insider transactions. The company has submitted Form C related to this acquisition to the exchanges.