Latest Announcements

Gayatri Highways Ltd (GHL) provided an update on the sale of its 49% stake in associate company HKR Roadways Limited, stemming from a Securities Purchase Agreement dated February 12, 2026. The transaction is now slated for completion on or before September 30, 2026, contingent on HKR fulfilling specific conditions. GHL expects to receive approximately INR 200 Crores from the sale, with an additional estimated INR 48 Crores subject to Wholesale Price Index related contingent events. HKR contributed a minor 0.63% to GHL's net profit in FY2024-25. The buyer, Cube Highways and Infrastructure V PIE. Limited, is not a related party.

HCLTech has been recognized as a Leader in four quadrants of the ISG Provider Lens® SAP Ecosystem 2026 assessment for the U.S. region. This highlights the company's comprehensive service portfolio, strong market presence, and innovative strength in SAP S/4HANA transformation, application managed services, SAP Business AI and BTP services, and managed cloud services for SAP ERP. The recognition validates HCLTech's ability to support enterprise shifts towards AI-first, clean-core transformations, accelerating S/4HANA adoption with lower risk and improving efficiency.

Nephrocare Health Services Ltd's overseas step-down wholly-owned subsidiary, Nephrocare Health Care Services, Philippines Inc., has acquired identified assets relating to a dialysis center in Ipil, Zamboanga Sibugay, Philippines. The acquisition was made through an Asset Transfer Agreement dated June 22, 2026, with Pag-Asa Dialysis And Diagnostic Center, for a total consideration of PhP 80,640,000. This strategic move expands the company's operational footprint in the international market.

HCLTech announced its collaboration with Circles and Greyskies in the TM Forum Catalyst Program to co-create next-generation AI-powered solutions. This initiative, involving leading telecom operators like Circles.Life, KDDI, Orange, and TELUS, aims to develop a multi-agent framework. The solution will unify customer experience, network operations, and business processes to accelerate automation, enhance service assurance, improve customer engagement, and unlock new monetization opportunities through AI-driven insights.

TVS Srichakra Ltd, through its Eurogrip Tyres brand, has launched its 16th exclusive retail store in Panipat, Haryana. This new outlet will offer a comprehensive range of 2 & 3-wheeler tyres and services such as professional fitment, care, and puncture repair. The expansion into Panipat, identified as a key market, is part of the company's broader strategy to strengthen its branded retail footprint and enhance customer access across India.

Purple Finance Ltd announced the receipt of the final Letter of Offer from Mark Corporate Advisors Private Limited for an open offer. Acquirers Allied Commodities Private Limited, Mr. Sandeep Jindal, and Two Infinity Partners, along with Persons Acting in Concert (PACs), intend to acquire up to 1,76,48,152 equity shares, representing 26.00% of the company's emerging voting capital, at an offer price of ₹55.00 per share, payable in cash. The Reserve Bank of India has granted its prior approval for this acquisition and change in control.

NLC India Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to form a Joint Venture. This JV aims to establish large-scale Renewable Energy (RE) projects, including solar, wind, and hybrid power with energy storage, in Tamil Nadu. The initiative supports India's clean energy transition and Net Zero Carbon goals, diversifying NLCIL's portfolio into sustainable energy sectors by supplying power to various consumers and applications.

TVS Srichakra Ltd, through its Eurogrip Tyres brand, has launched five new exclusive retail outlets in Hyderabad, Telangana. This strategic expansion aims to strengthen the brand's presence in a key market by offering a comprehensive range of 2 & 3-wheeler tyres and associated services, including professional fitment and repair. This move is part of the company's broader strategy to enhance its branded retail footprint across various markets in India, catering to the growing two-wheeler community.

Indian Toners & Developers Ltd announced the results of a postal ballot where shareholders approved the sub-division/split of the company's equity shares. The face value of each equity share will be split from Rs. 10/- to Rs. 2/- (a 1:5 split). The resolution passed with an overwhelming majority, with 99.9896% of votes cast in favor.

Rudra Gas Enterprise Ltd has announced the incorporation of a new subsidiary, Rudra Bio Energy Private Limited, on June 20, 2026. This new entity is established to expand the company's business into the manufacturing and dealing of various bio fuels, including oxygen, hydrogen, methane, and ethanol, as well as pellets and briquettes. Rudra Gas Enterprise holds a 51% stake in the subsidiary with an initial investment of Rs. 51,000. This strategic move aims to broaden the company's business horizons and leverage shared resources, though the subsidiary has not yet commenced its operations.

Kalyani Cast-Tech Ltd has scheduled a Board of Directors meeting on June 30, 2026, to consider and approve the issuance of equity shares and/or convertible securities, including warrants, on a preferential basis under SEBI (ICDR) Regulations, 2018. The board will also determine the issue price, subject to regulatory approvals and shareholder consent. The trading window for designated persons has been closed from June 23, 2026, until 48 hours after the board meeting's outcome is made public.

Wipro Ltd has expanded its partnership with Palo Alto Networks, a global AI cybersecurity leader, to offer AI-driven Managed Detection and Response (MDR) services. This new offering combines Palo Alto Networks’ Cortex XSIAM with Wipro’s CyberShield capabilities and AI delivery platforms to provide proactive cyber defense. The collaboration aims to enhance threat detection, improve analyst efficiency, optimize costs for clients, and secure complex environments against AI-powered attacks, addressing a growing demand for integrated, AI-led security operations.

Embassy Office Parks REIT has successfully allotted 70,000 Series XVII Non-Convertible Debentures (NCDs) aggregating to ₹700 Crores through a private placement. These secured, redeemable NCDs have a 3-year tenure with a coupon rate of 7.49% per annum, payable quarterly. The issue price was discovered via electronic book building on BSE Limited, yielding slightly over the principal amount. These NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited, providing the REIT with significant capital.

LT Foods Ltd has announced the incorporation of a new wholly-owned subsidiary in Australia named "LT FOODS AUSTRALIA PTY LIMITED". The subsidiary was officially incorporated on June 23, 2026, with Australian Company No. 699 353 805. This development follows an earlier communication from the company regarding its intent. The move signifies the company's strategic expansion into the Australian market, potentially broadening its global footprint and market reach for its products.

Nucleus Software Exports Ltd has announced the appointment of Bhavit Godiwala as its Chief Customer Success Officer (CCSO), effective June 23, 2026. Mr. Godiwala brings nearly three decades of leadership experience in banking technology, digital transformation, and core banking modernization from companies like Centelon Group, Intellect Design Arena, Tech Mahindra, and Infosys Finacle. In his new role, he will focus on enhancing customer relationships, accelerating value realization, strengthening delivery excellence, and driving business agility for global financial institutions, particularly with the FinnOne Neo® platform.

Allied Commodities Private Limited, along with other acquirers and PACs, has launched an open offer to acquire up to 1,76,48,152 equity shares, representing 26.00% of Purple Finance Ltd's emerging voting capital. The offer price is ₹55.00 per equity share, payable in cash, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Reserve Bank of India has granted prior approval for this acquisition and the associated change in control. This is a non-conditional offer and not subject to any minimum level of acceptance.

Aelea Commodities Ltd has announced the enhancement of its credit facility by ₹13.86 Crores from HDFC Bank Ltd. This working capital term loan is availed under the Emergency Credit Line Guaranteed Scheme (ECLGS) 5.0, a government-backed initiative for eligible borrowers. The facility was sanctioned on June 23, 2026, and involves a second-ranking charge over existing and new assets, aimed at supporting the company's operational needs and strengthening its liquidity.

HP Adhesives Ltd has released the Independent Auditor's Report for its consolidated financial results for the quarter and year ended March 31, 2026. The auditors have issued an unqualified opinion, confirming that the financial results, including those of its wholly-owned subsidiary Unitybond Solutions Private Limited, are presented in accordance with SEBI Listing Regulations and Indian accounting standards. This report asserts that the results give a true and fair view of the Group's consolidated net profit and other comprehensive income, indicating no material misstatements or concerns from the auditor's perspective.

Cranex Ltd has secured fresh orders aggregating approximately ₹18.52 crores for the manufacturing and supply of various EOT Cranes and related products. These orders include prestigious contracts from Bharat Heavy Electricals Limited and Indian Railways. With these new additions, the company's total order book has successfully crossed the significant milestone of ₹100 crores. This diversified order pipeline provides strong revenue visibility and reinforces its position in critical industrial and infrastructure sectors.

Mizzen Ventures Ltd will hold an Extra Ordinary General Meeting on July 15, 2026. The key agenda items include increasing the company's Authorized Share Capital from INR 22.10 crores to INR 22.80 crores, and approving a preferential issue of equity shares to non-promoters for cash consideration. This move indicates the company's intent to raise capital to fund future operations or expansion plans.