Latest Announcements

Kajaria Ceramics Ltd announced that the Special Resolution for the buyback of up to 21,50,000 equity shares at a price of Rs. 1380 per share via a tender offer has been successfully passed by its shareholders. The postal ballot results, declared on June 23, 2026, showed strong approval, with 97.82% of the total valid votes cast in favour of the resolution. This approval enables the company to proceed with its share repurchase program as planned.

RailTel Corporation of India Ltd has secured a significant purchase order from the Ministry of Railways valued at approximately ₹334.52 crores (excluding tax). The order pertains to the up-gradation of e-Office instances for Zonal Railways and Administrative Units to version 7.x, including the mandatory use of DSCs/eSign in the e-Office System. The domestic contract is to be executed by June 22, 2031. This order reinforces RailTel's role in government digital infrastructure.

Maximus International Ltd has executed a Share Purchase Agreement to acquire a 40% equity stake in Quebec Petroleum Resources Limited, a Vadodara-based company with over 20 years of presence in lubricants manufacturing and petroleum products distribution. The acquisition aims to enhance Maximus's market position and product portfolio. The transaction involves Mr. Aniruddh Gandhi, a director and substantial beneficial owner of Maximus, making it a related party transaction, though it is stated to be undertaken on an arm's length basis.

Promoter Shri Rajiv Gupta, along with JT. Arti Gupta, acquired 60,000 equity shares of India Lease Development Ltd. through an open market purchase on the Bombay Stock Exchange (BSE). This transaction increased their collective promoter holding from 6.21% to 6.62%. The disclosure was made to comply with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Grasim Industries Ltd has acquired an additional 8,08,94,331 equity shares in its material listed subsidiary, Aditya Birla Capital Limited (ABCL), by participating in ABCL's preferential issue. This investment amounts to approximately INR 2,880 crore (Rs. 28,79,99,99,722.62) at a price of Rs. 356.02 per share. Following this allotment, Grasim's shareholding in ABCL has marginally increased from 52.27% to 52.30%. The funds raised by ABCL are intended for its growth objectives, augmenting its capital base, and funding its lending business.

Mangal Credit and Fincorp Ltd has allotted 2,000 secured, listed, rated, taxable, redeemable Non-Convertible Debentures (NCDs) aggregating to INR 20 Crores on a private placement basis. Each NCD has a face value of INR 100,000 and was issued at a discount, carrying a coupon rate of 11.75% per annum payable monthly. The NCDs, maturing in September 2028, are secured by a first ranking charge on identified receivables at 1.20 times the principal outstanding. This fundraising initiative will enhance the company's capital base for lending and business operations.

Maruti Interior Products Ltd has announced a Board meeting on June 26, 2026, to consider and approve the allotment of equity shares to eligible employees under its Employee Stock Option Plan (ESOP 2023). This allotment follows the exercise of employee stock options and includes consideration of all incidental and ancillary matters related to ESOP 2023 implementation.

Bigbloc Construction Ltd released an investor presentation for June 2026, highlighting its status as one of India's largest AAC block manufacturers with 1.3 million m3 p.a. capacity. The presentation details its growth journey, including strategic capacity expansions, a joint venture with SCG International, and diversification into construction chemicals. It also outlines future plans, such as land acquisition for expanding operations into central India. The company reported consistent revenue growth and healthy EBITDA margins, emphasizing its commitment to sustainable building materials and market leadership.

Metro Brands Ltd has announced the appointment of Mr. Manoj Juneja as Chief Business Officer - Sports Division & Senior Management Personnel, effective June 23, 2026. Mr. Juneja brings over 27 years of extensive experience in the retail, footwear, fashion, and consumer sectors, with a strong background in P&L management, strategy, and omni-channel development. His previous roles include CEO of Crocs India and COO for Reebok India at Aditya Birla Fashion and Retail Limited, indicating a strong track record in scaling brands.

Seamec Ltd announced that its vessel 'SEAMEC AGASTYA' has returned to active service and is on-hired with effect from June 23, 2026, at 00:30 hrs. This follows a period where the vessel was off-hire for technical redressal. The resumption of deployment means the vessel is now generating revenue for the company.

Mahamaya Steel Industries Ltd announced that Brickwork Ratings India Private Limited has assigned credit ratings for its bank facilities. Long-term fund-based bank facilities amounting to Rs 51.47 Crores received a 'BWR BBB+/Stable' rating. Short-term non-fund based facilities of Rs 15.00 Crores were assigned 'BWR A2'. These ratings indicate satisfactory credit quality and a stable outlook for the company's financial obligations.

Mahamaya Steel Industries Ltd announced that Brickwork Ratings India Private Limited has assigned credit ratings for its bank facilities. Long-term fund-based bank facilities of Rs 51.47 Crores received a rating of 'BWR BBB+ / Stable', while short-term non-fund based facilities with a sub-limit of Rs 15.00 Crores were rated 'BWR A2'. These are initial assignments, providing an independent assessment of the company's creditworthiness.

Transstadia Enterprises Private Limited, a promoter entity of Setco Automotive Ltd, has announced the release of 1,650,000 equity shares, representing 1.23% of the company's total share capital. These shares were previously encumbered against Non-Convertible Debentures (NCDs) issued by Setco Auto Systems Pvt. Ltd. The release by the Debenture Trustee, Vistra ITCL (India) Limited, indicates that the underlying financial obligation has been resolved or sufficiently de-risked. This development reduces the risk of forced selling and improves the promoter's financial flexibility.

Interarch Building Solutions Limited has secured new orders worth ₹375 crores in June 2026, significantly strengthening its order book and enhancing revenue visibility for the coming quarters. These orders include a major ₹165 crore contract from the energy sector in Vadodara, alongside multiple projects across hydrocarbon, farm equipment, electrical products, renewable energy, and data center industries. The projects involve the full scope of design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems, with delivery schedules ranging from 8 to 10 months. The company is also expanding its manufacturing capabilities with a new plant in Kheda, Gujarat.

Mahamaya Steel Industries Ltd. announced that Brickwork Ratings India Private Limited has assigned initial credit ratings to its bank facilities. The long-term bank facilities of Rs 51.47 Crores received a 'BWR BBB+ / Stable' rating, while the short-term non-fund based facilities of Rs 15.00 Crores were assigned 'BWR A2'. This investment-grade rating provides enhanced financial transparency and may facilitate better access to credit for the company.

Promoter Harish Kiritbhai Sheth has reported the release of 2,816,000 equity shares of Setco Automotive Limited, representing 2.11% of the total share capital, by Vistra ITCL (India) Limited – Debenture Trustee on June 18, 2026. These shares were previously encumbered against Non-Convertible Debentures (NCDs) issued by Setco Auto Systems Pvt. Ltd. This event significantly reduces the promoter's total encumbered holding to 81,575 shares or 0.06% of the company's share capital.

Laxmipati Engineering Works Ltd has submitted its Annual Report for the Financial Year 2025-26 to BSE, fulfilling the requirements of Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The comprehensive report includes the Notice of the 15th Annual General Meeting, Directors' Report, Management Discussion and Analysis, Corporate Governance Report, and Financial Statements. The Chairman's Communique highlights the company's 'exceptional financial performance' and 'substantial growth in revenue and profitability' during FY 2025-26.

International Gemological Institute Ltd has announced the appointment of Ms. Nitika Dalmia as its new Company Secretary and Compliance Officer, effective July 1, 2026. She will also serve as the Nodal Officer for the Investor Education and Protection Fund Authority. Ms. Dalmia is a highly accomplished professional with over 12 years of specialized experience in Corporate Secretarial functions, Legal Compliance, and Corporate Governance, having previously held positions at Kaya Limited, Sun Pharmaceutical Industries Limited, and the Essel Group. Her appointment, designated as a Key Managerial Personnel, is expected to enhance the company's compliance framework.

Interarch Building Solutions Ltd has secured a significant domestic order valued at approximately Rs. 165 Crores (plus taxes) for the design, engineering, manufacturing, supply, and erection of a Pre-Engineered Steel Building System. The project has an estimated completion period of 15 months and includes a 10% advance payment. The customer's name is confidential due to commercial considerations. This order is not a related party transaction.

Promoter Sneha Harish Sheth has reported the release of 3,382,500 equity shares of Setco Automotive Ltd from encumbrance. These shares, constituting 2.53% of the total share capital, were previously pledged against Non-Convertible Debentures. This event significantly reduces the promoter's overall pledged shareholding from 2.64% to 0.12%, indicating improved financial flexibility for the promoter group.