Latest Announcements

Laxmipati Engineering Works Ltd announced its 15th Annual General Meeting on July 17, 2026, to be held via video conferencing. Key agenda items include adopting financial statements for FY26, re-appointing Mr. Rakesh Govindprasad Sarawagi as Executive Director, and approving a significant enhancement in the company's borrowing limits up to Rs. 200 crores over and above its paid-up capital and free reserves. This resolution enables the Board to borrow substantial funds for business purposes.

Aditya Birla Capital Ltd has announced the allotment of 11,23,53,236 fully paid-up equity shares through a preferential issue. The allotment includes 8,08,94,331 shares to promoter Grasim Industries Limited, 56,17,661 shares to promoter group entity Suryaja Investments Pte. Ltd., and 2,58,41,244 shares to International Finance Corporation (IFC). The total capital raised from this allotment amounts to approximately Rs. 4000 crores, significantly increasing the company's paid-up equity share capital.

IIFL Finance Ltd clarified its earlier intimation regarding a Board Meeting on June 27, 2026. The company stated that the proposal for raising funds through the issuance of equity shares or other eligible securities is solely for seeking shareholders' enabling approval at the upcoming Annual General Meeting. Any actual issuance of securities will be considered by the Board at an appropriate future time, subject to market conditions and necessary approvals.

RLF Ltd is holding an Extra-ordinary General Meeting (EGM) on July 17, 2026, to approve two special businesses. The primary agenda includes seeking shareholder consent to convert outstanding unsecured loans advanced by its Managing Director, Aditya Khanna, and Director, Ashish Khanna, into fully paid-up equity shares on a preferential basis. Additionally, the EGM will approve the adoption of a new set of Articles of Association to align with the Companies Act, 2013 and SEBI regulations. This conversion aims to settle existing promoter debt by issuing equity, strengthening the company's balance sheet.

Eco Hotels And Resorts Ltd has issued another reminder to shareholders for the payment of outstanding First and Second Call Money, including 10% interest per annum on delayed payments. This pertains to partly paid-up equity shares issued through a Rights Issue and is a follow-up to multiple previous notices. Shareholders are requested to make payments by June 30, 2026, to fully realize the capital from the rights issue.

Yash Highvoltage Ltd announced a preferential issue aggregating up to ₹151 crore, comprising equity shares and convertible warrants at ₹721 per security, subject to shareholder approval. The capital raise, attracting participation from marquee investors, aims to accelerate expansion and strengthen its presence in the extra-high voltage transformer bushings segment. Proceeds will fund capacity expansion of its RIP bushing facility to the 550 kV category, allowing entry into a niche market, and brownfield expansion of its OIP bushing facility to meet growing demand. This strategic move aligns with India's booming power sector.

Yash Highvoltage Ltd's Board has approved a significant fundraise of ₹150.99 crore through a preferential issue. The company will issue 12.62 lakh fully paid-up equity shares and 8.32 lakh equity warrants (convertible into one equity share each) to identified non-promoter persons. The issue price is fixed at ₹721 per share/warrant, including a premium of ₹716. This capital raise is subject to necessary shareholder and regulatory approvals, with an Extra-Ordinary General Meeting scheduled for July 15, 2026.

Lupin Ltd's Nomination and Remuneration Committee granted 1,567,591 stock options under its Employees Stock Option Scheme 2025. The options have an exercise price of ₹2.00 per share and will vest over three years in equal annual installments after the first year, subject to performance conditions. Grantees can exercise vested options within eight years from the effective grant date of July 1, 2026. This initiative is a standard practice for employee retention and motivation.

Vodafone Idea Ltd has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and part of the Promoter Group. Each warrant, priced at Rs. 11, will convert into one equity share within 18 months. The company has immediately received Rs. 1,182.50 crore, representing 25% of the issue price. This preferential allotment serves as a crucial capital infusion, signaling strong promoter support and enhancing the company's liquidity.

IIFL Finance Ltd announced a board meeting on June 27, 2026, to consider and approve raising funds through the issuance of equity shares or other eligible securities, which may include public issue, rights issue, preferential issue, private placement, or Qualified Institutions Placement. Additionally, the board will consider upsizing its existing Global Medium Term Note Programme. This move aims to strengthen the company's capital base and enhance its lending capacity.

Likhitha Infrastructure Ltd. announced that its Board approved raising up to ₹60 crores through a preferential issue of 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to a mix of promoters, promoter group members, and other investors, subject to shareholder and regulatory approvals. Additionally, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram were appointed as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to bolster the company's financial position and support its expansion initiatives, while the management appointments strengthen its leadership team.

Likhitha Infrastructure Ltd's Board approved raising ₹60 crore through a preferential issue of up to 2.5 million convertible warrants at ₹240 each, subject to shareholder and regulatory approvals. The warrants are convertible into equity shares and involve promoter and non-promoter investors. Additionally, the company appointed Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to strengthen the company's financial position and support future growth.

Knowledge Marine & Engineering Works Ltd has scheduled a Board Meeting for June 26, 2026, to consider and approve a proposal for raising funds. This fundraise would involve issuing equity shares and/or convertible securities via private placement, preferential allotment, or qualified institutional placement, subject to shareholder and regulatory approvals. The Board will also consider convening an Extra-Ordinary General Meeting to seek member approval for the fund-raising. Consequently, the trading window for insiders is closed from June 22, 2026, until 48 hours after the Board meeting.

Knowledge Marine & Engineering Works Ltd. has informed of a Board Meeting scheduled for June 26, 2026, to consider and approve raising funds. The company plans to issue equity shares and/or other convertible securities such as Warrants or Preference Shares through methods like private placement, preferential allotment, or qualified institutional placement. This fund-raising initiative will require subsequent approval from shareholders via an Extra-Ordinary General Meeting. The trading window for insiders has been closed until 48 hours after the Board Meeting.

Likhitha Infrastructure Ltd's board approved raising ₹60 crore through a preferential issue of up to 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to promoter, promoter group, and non-promoter investors, subject to shareholder approval. The company also announced the appointment of Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Executive Directors, strengthening the management team. This fundraise is intended to support the company's growth initiatives.

Likhitha Infrastructure Ltd. announced its board's approval for a preferential issue of up to 2.5 million convertible warrants at ₹240 per warrant, aiming to raise ₹60 crores. This fundraise is subject to shareholder and other regulatory approvals, with the issue price exceeding the SEBI stipulated minimum. Additionally, the company appointed Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Additional Directors, designated as Executive Directors.

JSW Infrastructure Ltd's Finance Committee has approved the opening of a Qualified Institutional Placement (QIP) on June 22, 2026. The QIP involves a fresh issue of equity shares by the company and an offer for sale by the promoter, Sajjan Jindal Family Trust. The floor price for the offer has been set at ₹290.35 per equity share, with a possible discount of up to 5%, in line with SEBI ICDR Regulations. This fundraise aims to infuse capital into the company.

Muthoot Capital Services Ltd. has approved the issuance and allotment of Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crores. These NCDs, with a face value of ₹1,00,000 each, are being issued on a private placement basis and will be listed on BSE. The debentures carry a coupon rate of 9.25% per annum, payable quarterly, with a 24-month tenure maturing on June 29, 2028. This fundraise provides crucial capital for the company's lending activities.

JSW Infrastructure Ltd's Finance Committee has approved the opening of a Qualified Institutions Placement (QIP) on June 22, 2026. The QIP comprises a fresh issue of equity shares by the company and an offer for sale by the promoter, Sajjan Jindal Family Trust. The committee set the floor price for the offer at ₹290.35 per equity share, with a potential discount of up to 5%, and adopted the preliminary placement document. This capital raise is intended to fuel the company's growth initiatives.

JSW Infrastructure Ltd has announced a Qualified Institutions Placement (QIP) comprising a fresh issue of up to 230 million equity shares by the company. Concurrently, the promoter, Sajjan Jindal Family Trust, will offer to sell up to 33.25 million equity shares through an Offer for Sale (OFS). The OFS component is primarily aimed at facilitating compliance with minimum public shareholding requirements. This strategic move, approved by the board and shareholders, is set to infuse capital into the company while increasing public float.