Latest Announcements

Gem Aromatics Ltd. re-appointed M/s. RANK & Associates as Internal Auditors and appointed M/s. N. L. Bhatia & Associates as Secretarial Auditors. Most significantly, the company's Board approved the incorporation of a Wholly Owned Subsidiary in Brazil. This strategic decision marks a clear intent for international business expansion into a new market for its essential oils and aromatic chemicals. This move is expected to open new avenues for growth, reinforcing the company's global footprint.

Gem Aromatics Ltd's Board has approved the incorporation of a Wholly Owned Subsidiary in Brazil, signaling a strategic move for international expansion into a new geographic market. Concurrently, the Board re-appointed M/s. RANK & Associates as the Internal Auditor for FY 2026-27 and appointed M/s. N. L. Bhatia & Associates as the Secretarial Auditor for five consecutive years from FY 2026-27.

INOX India Ltd successfully conducted its 49th Annual General Meeting (AGM) on June 23, 2026, through video conferencing, ensuring compliance with regulations and shareholder engagement. During the meeting, resolutions were presented for approval, including the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Significantly, the company also declared a dividend of Rs. 2 per equity share for the same financial year.

Bacil Pharma Ltd has scheduled a Board Meeting on June 26, 2026, to consider and approve various proposals for raising funds. The company is evaluating options such as a Preferential Issue, Rights Issue, or other permissible modes, subject to necessary statutory and regulatory approvals. The trading window for designated persons and their immediate relatives will remain closed until 48 hours after the outcome of the meeting is declared.

Gem Aromatics Ltd's Board approved the re-appointment of M/s. RANK & Associates as Internal Auditor for FY 2026-27 and the appointment of M/s. N. L. Bhatia & Associates as Secretarial Auditors for five years. Crucially, the Board also approved the incorporation of a Wholly Owned Subsidiary in Brazil. This strategic decision signals the company's intent for international geographical expansion, particularly into the South American market, which could be a significant growth driver.

Infosys Ltd announced an expanded multi-year collaboration with GlobalFoundries (GF) to deliver AI-led managed services across GF's enterprise IT landscape. Infosys will manage GF’s end-to-end application, infrastructure, data, and service desk operations, aiming to modernize IT operations and improve efficiency and user experience. GF selected Infosys due to its proven track record and deep semiconductor domain expertise. This engagement reinforces Infosys’ leadership in AI-led managed services for complex IT operations.

Jindal Stainless Ltd's Nomination and Remuneration Committee has approved the grant of 39,608 stock options under its 'JSL - Employee Stock Option Scheme 2023'. This includes 19,804 Employee Stock Options (ESOPs) priced at Rs. 349, which is a 50% discount from the preceding market price, and 19,804 Restricted Stock Units (RSUs) at a face value of Rs. 2. These options are exercisable over four years upon vesting, aiming to align employee incentives with company performance and retention.

Indus Infra Trust announced its unitholding pattern following a capital restructuring, which included a Preferential Issue and a Qualified Institutional Placement (QIP). This fundraise resulted in an increase in the total outstanding units and altered the percentage holdings across various unitholder categories, including a notable decrease in the Sponsor's percentage stake. The disclosure was made in adherence to SEBI (Infrastructure Investment Trusts) Regulations.

Torrent Pharmaceuticals Ltd announced the declaration of voting results for its 53rd Annual General Meeting held on June 23, 2026. All resolutions proposed were duly approved by shareholders with requisite majority. Key approvals include the adoption of standalone and consolidated financial statements for FY26, confirmation of interim and declaration of final dividend, re-appointment of Samir Mehta as Director, and the crucial approval for the issuance of equity shares including convertible bonds/debentures, which passed with 99.93% votes in favor.

Batliboi Ltd has announced the acquisition of 100% equity share capital of Penta Automation Systems Private Limited and its group company, Pats Robotics Private Limited, for INR 20 crore. Penta, a profitable specialized provider of customized industrial automation solutions and robotics integration services, reported combined revenue of INR 25.17 crore in FY2025-26. This acquisition aims to accelerate Batliboi's growth strategy by entering the high-growth industrial automation and robotics segment, diversifying its business, and leveraging complementary capabilities. The transaction involves upfront and deferred cash consideration, with Penta's founders continuing to lead operations for five years.

Niva Bupa Health Insurance Company Ltd announced that Care Ratings Limited has reaffirmed its 'CARE AA Stable' credit rating for the company's ₹250.00 crore Non-Convertible Debentures. This reaffirmation, received on June 22, 2026, indicates a continued strong and stable credit profile for the company's debt instruments, providing assurance regarding its financial health and ability to meet debt obligations.

Torrent Pharmaceuticals Ltd held its 53rd Annual General Meeting on June 23, 2026, where shareholders approved the Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2026. The meeting confirmed an interim dividend of ₹29.00 and declared a final dividend of ₹9.00 per equity share for FY26. Significantly, shareholders also approved the issuance of equity shares, including convertible bonds/debentures, providing the company with flexibility for future fundraising. Additionally, Samir Mehta was re-appointed as Director, and the remuneration of cost auditors for 2026-27 was ratified.

Super Crop Safe Ltd has allotted 1,17,44,722 equity shares at INR 13 each on a preferential basis to two non-promoter entities, Wherrelz IT Solutions Limited and Voltrix INC. This allotment, totaling approximately INR 15.27 crores, is for the conversion of outstanding unsecured loans into equity, which strengthens the company's balance sheet by reducing debt. Following this issuance, the company's paid-up equity share capital increased, and the promoter group's shareholding diluted from 32.36% to 25.05%.

City Crops Agro Ltd announced the appointment of M/s. Sarang Shivajirao Chavan & Associates, a Chartered Accountant firm, as its Internal Auditor for the financial year 2026-27. The Board of Directors approved this appointment on June 23, 2026. The new auditors specialize in statutory audit, tax audit, internal audit, and various advisory services, aiming to strengthen the company's internal controls and compliance framework.

Tata Power Company Ltd has announced that the Ministry of Power has extended the validity of directions issued under Section 11 of the Electricity Act, 2003, for its Mundra Thermal Plant. Previously set to expire on June 30, 2026, these directions will now remain in force until September 30, 2026. This extension ensures the continued operation of the Mundra plant under specific governmental directives, providing operational continuity and mitigating near-term uncertainty regarding its future.

Innovision Ltd has secured a domestic contract from the National Highways Authority of India (NHAI) valued at approximately INR 7.74 Crores. The Letter of Award designates Innovision as the user fee collection agency for the Pileru to Puthalapattu section of NH-40 in Andhra Pradesh, including the maintenance of adjacent toilet blocks. This one-year contract is set to commence on August 15, 2026, and is a positive addition to the company's order book.

Satin Creditcare Network Ltd's Board has approved a proposal to raise up to INR 5,000 Crore through Non-Convertible Debentures (NCDs) via private placement, subject to shareholder approval in the upcoming Annual General Meeting. This significant fundraise is expected to support the company's operational needs and growth initiatives. Additionally, Mr. Vikas Gupta has been re-appointed as the Chief Compliance Officer for a further three-year term, and the 36th AGM is scheduled for August 7, 2026.

Manali Petrochemicals Ltd (MPL) has received an interim stay from the Division Bench of the Hon'ble Madras High Court on an earlier order dated March 25, 2026. This interim relief was granted after MPL filed a Writ Appeal (WA No. 1538 of 2026). The stay is subject to certain conditions, and the matter is scheduled for further hearing. MPL's legal counsel is currently evaluating the legal and financial implications to advise on the next steps, preventing immediate adverse effects from the original court order.

Power and Instrumentation (Gujarat) Ltd has received an additional work order worth Rs. 3.72 crore from Ajmer Vidyut Vitran Nigam Limited (AVVNL), bringing the total project value to Rs. 38.28 crore. This order is part of a continuing contract from October 2025. The work involves the turnkey supply, erection, installation, testing, and commissioning of materials for developing distribution infrastructure and segregating 11 KV mixed feeders in Rajasthan under the RDSS scheme, with an execution period of 15 months.

Muthoot Microfin Ltd has scheduled a Board Meeting for June 30, 2026, to primarily consider and approve the authorization for issuing Non-Convertible Debentures (NCDs) aggregating up to INR 40,000 crores. This includes INR 30,000 crores via private placement and INR 10,000 crores through public issue during the financial year 2026-27. Additionally, the board will discuss the scheduling of the company's Annual General Meeting.