Latest Announcements

Consecutive Commodities Ltd announced the voting results for a postal ballot, which concluded on June 21, 2026. The special resolution for the appointment of Ms. Reema Magotra as a Non-Executive and Independent Director was duly approved by shareholders. A significant majority of 99.983% of the total votes polled were cast in favor of the resolution. This indicates strong shareholder support for the board's proposed appointment and is a routine governance update.

Endurance Technologies Ltd announced the elevation of Ms. Preety Raj, its Chief Human Resources Officer, to the President cadre, effective April 1, 2026. She is now classified as Senior Management Personnel. Ms. Raj brings over 28 years of diverse industry experience and holds advanced degrees, including an Executive MBA from IIM Bangalore. Her role involves overseeing HR and Administration, driving people strategy, organizational effectiveness, and fostering high-performance cultures. This move signals internal talent recognition and strengthens the company's senior management.

Rashi Peripherals Ltd's Board has approved 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 provisional turnover of INR 850 Crores for FY26. This acquisition is expected to complement Rashi Peripherals' core IT products distribution business and offer strategic forward integration. Additionally, the Board recommended the re-appointment of Deloitte Haskins & Sells LLP as Statutory Auditors for a second five-year term.

Power Grid Corporation of India Ltd has scheduled a Board Meeting on June 26, 2026, to consider and approve raising foreign currency funds up to USD 500 million through External Commercial Borrowings (ECB) from domestic or foreign banks. This fundraise is intended to support the company's capital expenditure requirements. The trading window for the company's shares remains closed until 48 hours after the declaration of its Q1 FY2027 financial results.

Rashi Peripherals Ltd announced its decision to acquire 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 sector, including cloud, cybersecurity, and data protection. This acquisition is strategic for Rashi Peripherals, complementing its core IT product distribution business and facilitating forward integration into the enterprise technology space. Additionally, the Board recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second term.

Godawari Power and Ispat Ltd (GPIL) has announced the commencement of commercial operations for its 6.91 MW Waste Heat Recovery Based Power Plant, effective June 23, 2026. This plant, situated at the company's existing integrated steel facility in Siltara Industrial Area, Raipur, Chhattisgarh, utilizes waste heat generated from its Pellet Plant and Ferro Alloys Division. This development is expected to enhance operational efficiency and reduce reliance on external power sources, contributing to cost savings.

Apollo Micro Systems Ltd has allotted 21,43,095 equity shares of Re. 1/- each to three investors, including Trikaya Wealth Advisors Pvt Ltd, upon conversion of an equal number of warrants. This conversion, part of a preferential issue intimated earlier, brought in Rs. 18.32 crores (being the balance 75% of the issue price) for the company as warrant exercise price. Consequently, the company's issued and paid-up capital increased to Rs. 37,15,99,512, with the newly allotted shares ranking pari passu with existing ones.

City Union Bank's Board of Directors has approved raising Rs. 500 crore through a Qualified Institutional Placement (QIP) route, pending shareholder approval at the Annual General Meeting on August 14, 2026. Additionally, the bank declared a dividend of 200% (Rs. 2 per equity share) for FY 2026, with a record date set for July 14, 2026. The dividend payment is scheduled to occur on or after the AGM date.

Hitachi Energy India Ltd announced that CRISIL Ratings Limited has reaffirmed its long-term credit rating at 'CRISIL AAA/Stable' and reassigned its short-term credit rating at 'CRISIL A1+' for its INR 6,000 Crores bank facilities. The company clarified that there is no change in the existing credit ratings, except for the reassignment of the short-term rating. This indicates continued strong financial health and creditworthiness for the company.

Callista Industries Ltd's board approved the preferential allotment of 6.5 lakh equity shares for ₹65 lakhs and 12 lakh convertible warrants (initial receipt of ₹30 lakhs) to raise capital. This increases the paid-up capital to ₹4.69 crore. Concurrently, the company executed a Share Purchase Agreement to acquire 100% of Sadguru Flexibles Packaging Ltd, which will become a wholly-owned subsidiary. Callista Industries also plans to invest ₹10.5 crore in Sadguru Flexibles for its working capital requirements, aligning with the objectives of the preferential issue.

City Union Bank's Board approved a 200% dividend (Rs. 2 per share) for FY2026, with a record date of July 14, 2026, to be paid on or after August 14, 2026. Concurrently, the board proposed an enabling resolution for raising Rs. 500 crore through a Qualified Institutional Placement (QIP). This capital raise is subject to shareholder approval at the upcoming Annual General Meeting and is expected to support the bank's future growth initiatives.

Callista Industries Ltd has allotted 6,50,000 preferential equity shares, raising Rs. 65 lakh, and 12,00,000 convertible warrants, securing Rs. 30 lakh upfront. Concurrently, the company executed a Share Purchase Agreement to acquire 100% of Sadguru Flexibles Packaging Limited, which will become a wholly-owned subsidiary. Callista also proposes to invest Rs. 10.5 crore in Sadguru Flexibles for working capital, aligning with the preferential issue's objectives. This strategic move aims to expand the company's business footprint.

Sammaan Capital Ltd (formerly Indiabulls Housing Finance Limited) has certified the timely payment of interest on its Secured and Unsecured Redeemable Non-Convertible Debentures (NCDs) in accordance with Regulation 57 of SEBI Listing Regulations. The company made interest payments totaling INR 11.50 lacs for three different ISINs on June 23, 2026, ahead of the June 24, 2026 due date. This demonstrates the company's adherence to its debt obligations.

Rose Merc Ltd announced the grant of 20,000 stock options to three eligible employees under its "RML Employee Stock Option Plan II, 2023". Each option converts into one equity share of Rs. 10 face value, with an exercise price of Rs. 70 per option. The options will vest after one year from the grant date and can be exercised over a four-year period thereafter. This grant is in terms of SEBI (SBEBSE) Regulations, 2021, and aims to incentivize and retain key talent.

Aanchal Ispat Ltd's Board has approved raising funds up to Rs. 8.65 crore by issuing 10.55 lakh fully convertible warrants on a preferential basis to the promoter category. Each warrant is priced at Rs. 82 and will be convertible into one equity share within 18 months. An amount equivalent to 25% of the warrant issue price is payable upfront. This fundraise is subject to shareholder approval and is being done in compliance with the Companies Act and SEBI ICDR Regulations.

Solara Active Pharma Sciences Ltd has announced that Crisil Ratings Limited has upgraded its credit ratings for bank loan facilities totaling Rs. 791.2 Crore. The long-term rating has been upgraded to 'Crisil BBB+/Stable' from 'Crisil BBB/Stable', and the short-term rating has improved to 'Crisil A2' from 'Crisil A3+'. This upgrade reflects an improvement in the company's creditworthiness and financial risk profile.

Bliss GVS Pharma Ltd has announced the record date for the payment of the final dividend for the financial year ended March 31, 2026. The record date for eligible shareholders is Wednesday, July 08, 2026. The company's register of members and share transfer books will be closed from July 09 to July 15, 2026. The 41st Annual General Meeting will also be held on July 15, 2026, where the dividend is expected to be approved and subsequently distributed by August 14, 2026.

Purple Finance Ltd has announced the receipt of a Letter of Offer dated June 20, 2026, from Allied Commodities Private Limited and Mr. Sandeep Jindal, along with persons acting in concert, for an open offer. The offer aims to acquire up to 1,76,48,152 equity shares, representing 26.00% of the target company's emerging voting capital, at a price of ₹55.00 per share, payable in cash. The offer is made under SEBI SAST Regulations and has secured prior approval from the Reserve Bank of India for the proposed acquisition and change in control of the company.

Bliss GVS Pharma Ltd has announced the book closure period from July 9, 2026, to July 15, 2026, for its 41st Annual General Meeting (AGM) and for the purpose of paying the final dividend for the financial year ended March 31, 2026. The record date for the final dividend is July 8, 2026. The dividend, if approved by members at the AGM on July 15, 2026, will be distributed to shareholders on or before August 14, 2026.

Aanchal Ispat Ltd's board has approved a preferential issue of up to 1,055,000 fully convertible warrants to its promoter category at a price of Rs. 82 per warrant, aiming to raise approximately Rs. 8.65 crore. These warrants will be convertible into equity shares within 18 months. The company also decided to amend its Articles of Association to allow for future issuance of various convertible securities. An Extraordinary General Meeting (EGM) is scheduled for July 23, 2026, to seek shareholder approval for these proposals.