Latest Announcements

ICSA (India) Ltd has scheduled a Board Meeting on June 25, 2026, to address critical compliance and governance matters. The agenda includes the appointment of statutory and secretarial auditors for the financial years 2019-2026, notably covering a Corporate Insolvency Resolution Process (CIRP) period. Additionally, the board will consider changing the company's registered office within Hyderabad and authorizing the board to resolve pending compliance and legal issues. This indicates a proactive effort to regularize operations and improve corporate hygiene post-CIRP.

Bajaj Auto Ltd announced that its shareholders have approved a buyback of up to 4,694,000 fully paid-up equity shares, representing 1.68% of the total equity, at a price of INR 12,000 per share. The aggregate amount for this buyback, excluding transaction costs, will be up to INR 5,632.80 crore. The buyback will be conducted through a tender offer route, as approved by the board on May 6, 2026, and shareholders on June 18, 2026.

Lemon Tree Hotels Ltd has signed a License Agreement for a new 85-room Lemon Tree Hotel in Janakpur, Nepal, to be managed by its wholly-owned subsidiary Carnation Hotels Private Limited. This signing increases the group's Nepal portfolio to 8 properties and its overall international presence to 11. Janakpur is a significant pilgrimage and heritage destination, aligning with the company's strategy to build hospitality infrastructure in culturally important, high-potential markets. The hotel will feature various amenities including a restaurant, banquet hall, swimming pool, and spa.

GEE Limited announced its exclusive role as the sole supplier of welding consumables for the Indian Navy's historic Tri-Commissioning of three indigenous warships: INS Dunagiri, INS Agray, and INS Sanshodhak. These vessels, constructed by Garden Reach Shipbuilders & Engineers Ltd. (GRSE) with substantial local content, signify India's progress in self-reliant defence manufacturing. This critical contribution highlights GEE's technical expertise, quality, and reliability in supporting strategic national defence programmes, reinforcing its growing footprint in the high-precision defence sector.

Lloyds Engineering Works Ltd has announced an Extra Ordinary General Meeting (EGM) scheduled for July 15, 2026, to be conducted virtually. The primary agenda item for the EGM is to obtain shareholder approval for the acquisition of a controlling stake in Steel Infra Solutions Company Limited. This acquisition will be facilitated by a swap of equity shares through a preferential allotment, indicating a non-cash transaction. The announcement also provides details regarding the remote e-voting process for shareholders, with July 8, 2026, set as the cut-off date for eligibility.

Lloyds Engineering Works Ltd is convening an Extra Ordinary General Meeting (EGM) on July 15, 2026, to secure shareholder approval for a significant strategic move. The main item on the agenda is the acquisition of a controlling stake in Steel Infra Solutions Company Limited. This transaction will be executed through a swap of equity shares via a preferential allotment, indicating a non-cash consideration for the acquisition. The EGM will be held virtually, adhering to current regulatory guidelines for shareholder meetings.

Oswal Greentech Ltd has announced the board's approval for the incorporation of a 95% owned subsidiary in Dubai, UAE, to undertake real estate development and property business internationally. The initial investment by Oswal Greentech will be AED 38 million out of a total AED 40 million, subject to various regulatory approvals. Separately, the company informed about the immediate resignation of its internal auditor, M/s Siddharth S. Kothari & Co., citing personal reasons.

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.

Oswal Greentech Ltd announced the incorporation of a new subsidiary in Dubai, UAE, for Real Estate Development and Property Development, signifying an international business expansion. The company will hold a 95% stake in the subsidiary with an initial investment of AED 40 Million. Concurrently, the company also disclosed the resignation of its internal auditor, M/s Siddharth S. Kothari & Co., citing personal reasons.

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.

Procter & Gamble Hygiene and Health Care Ltd. has announced a final dividend of Rs. 60 per equity share for the Financial Year 2025-26, subject to approval at the ensuing Annual General Meeting. The company also issued a detailed communication regarding the deduction of Tax at Source (TDS) on this dividend income. Shareholders are requested to update their PAN and other tax-related information with depositories or the registrar to ensure appropriate tax withholding rates are applied for both resident and non-resident shareholders.

Hero MotoCorp's MotoSports Team Rally celebrated its 10th anniversary by extending its partnership with Amaury Sport Organization (ASO), organizers of the Dakar Rally, for five years. The company also launched 'India's Next Dakar Hero' (INDH) program to identify and develop Indian rally-raid talent, inducting 18-year-old Shlok Ghorpade into the team. These strategic initiatives aim to strengthen Hero MotoCorp's brand presence in global rally racing and support the development of cutting-edge technology.

Network People Services Technologies Ltd (NPST) has secured an order from a Maharatna Public Sector Undertaking for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. NPST will serve as the Technology Service Provider, deploying the solution on a Software-as-a-Service (SaaS) model. This arrangement is expected to generate a recurring revenue stream for the company over the contract period and aligns with its normal course of business.

Network People Services Technologies Ltd (NPST) announced a virtual analyst/investor group meet scheduled for Monday, June 29, 2026, at 4:00 P.M. IST. The meeting, organized by Valorem Advisors as part of their CXO Meet series, will feature NPST's management discussing the company's business, industry outlook, operational performance, strategic initiatives, and future growth prospects. This engagement aims to provide insights into NPST's strong historical performance, including an 81% revenue CAGR over the last four years, and address investor queries.

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.

Redington Ltd. has announced the appointment of Mr. Ajay Rotti Jayathirtha as an Additional Director (Non-Executive Independent Director) for a five-year term from June 22, 2026, subject to shareholder approval. Mr. Jayathirtha brings over 23 years of extensive experience in tax and regulatory matters, having previously held significant roles at firms like KPMG, Dhruva Advisors, BMR Advisors, and Ernst & Young, and is the founder of Tax Compaas. His appointment is expected to strengthen the board's expertise and governance.

Restaurant Brands Asia Ltd (RBA) has completed the subscription of 35,000 redeemable cumulative non-convertible preference shares in its Indonesian subsidiary, PT Sari Burger Indonesia. This investment totals IDR 35 billion (equivalent in INR) and follows an earlier intimation on April 24, 2026. This capital infusion is expected to strengthen the subsidiary's financial position, supporting its ongoing operations and potential growth initiatives within the Indonesian market.

Mahindra Lifespace Developers Ltd. has communicated to its shareholders regarding the Tax Deduction at Source (TDS) procedures for the recommended dividend for the financial year ended March 31, 2026. The Board of Directors recommended a dividend of Rs. 3.50 per equity share (35% on face value) for the said financial year, which is subject to approval at the upcoming Annual General Meeting on July 23, 2026. The communication details applicable TDS rates for resident and non-resident shareholders and requirements for claiming exemptions, with payment expected after July 23, 2026.

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.

Sharp Investments Ltd has intimated a Board Meeting on June 26, 2026, to consider an initial investment via the acquisition of equity shares in Rajal Lefin & Commercial Private Limited (RLCPL). The board will also discuss the broad framework of the proposed acquisition, including the percentage of shares, acquisition mode, and consideration, and approve the appointment of necessary advisors. The trading window for designated persons will remain closed until 48 hours post-meeting.