Latest Announcements

Electronics Mart India Limited has commenced the commercial operations of a new multi-brand store named 'BAJAJ ELECTRONICS' on June 22, 2026. The new store is located in Kagaz Nagar, Industrial Area, Komaram Bheem, Asifabad Dist., Telangana, spanning an area of 7,680 square feet. This expansion marks an addition to the company's retail footprint.

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.

Muthoot Capital Services Ltd has approved the private placement of Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crores. The NCDs will have a tenure of 24 months, maturing on June 29, 2028, and will carry a coupon rate of 9.25% per annum, payable quarterly. This fundraise aims to augment the company's capital for its lending operations.

Dhruv Consultancy Services Ltd has incorporated a new subsidiary, VERUL DRIVEHUB PRIVATE LIMITED, by subscribing to 55% of its share capital. This subsidiary is established to undertake the Development, Operation, and Maintenance of Wayside Amenities on National Highways in Maharashtra for a 15-year lease period, pursuant to a Letter of Award previously received from National Highway Logistics Management Limited. This strategic move aligns with the company's objective to expand and diversify its business portfolio within the infrastructure sector.

Nephrocare Health Services Ltd's board approved the NephroPlus Employee Stock Option Scheme 2026, contemplating the grant of up to 20,06,814 equity shares, representing about 2% of current paid-up capital, subject to shareholder approval. Concurrently, the company approved providing collateral/security support of up to INR 70 Crore to NephroPlus Kidney Services Company, its overseas step-down wholly-owned subsidiary in Saudi Arabia. This support aims to enable the subsidiary to avail credit facilities, superseding a prior approval for a joint venture due to a revised operating structure in Saudi Arabia.

Chatha Foods Ltd has allotted 1,03,000 equity shares of face value Rs. 10 each upon conversion of an equal number of warrants. The conversion occurred at an exercise price of Rs. 95.25 per warrant, bringing a total of Rs. 98,10,750 into the company. The shares were allotted to promoter and promoter group entities. Notably, 16,000 warrants held by Mr. Iqbal Singh Chatha are still pending conversion.

Mangalam Worldwide Ltd has announced a stock sub-division, splitting every 1 equity share with a face value of Rs. 10 into 10 equity shares with a face value of Re. 1 each. The company has fixed Friday, July 10, 2026, as the 'Record Date' for this purpose, following shareholder approval via postal ballot on June 20, 2026. This action is intended to increase the number of shares outstanding and improve market liquidity.

B-Right Realestate Ltd's step-down subsidiary, B-Right RMBD Developers LLP, has executed a Memorandum of Understanding for the development of 'Viswas Niwas 8 and Viswas Niwas 9' in Village Parel. The project spans a land area of 1,081.95 Sq. Mtr. and is expected to yield approximately 45,760 Sq. Ft. of total sales area. The anticipated Gross Development Value (GDV) from this new project is significant, estimated at Rs. 179 Crores.

Power Finance Corporation Ltd (PFC) has announced the strike-off and dissolution of its wholly-owned subsidiary, Bihar Infrapower Limited, by the Registrar of Companies. This subsidiary was established in 2015 as a Special Purpose Vehicle to manage licenses for the Bihar Ultra Mega Power Project, which was subsequently shelved. The Ministry of Power provided approval for its closure in 2025, leading to the completion of the necessary regulatory filings.

RPG Life Sciences Ltd has announced a record date of Thursday, July 9, 2026, for determining shareholders eligible to receive the final dividend for the financial year ended March 31, 2026. The Board of Directors recommended a final dividend of Rs. 24/- (300%) per equity share of Rs. 8/- each, subject to approval by shareholders at the Nineteenth Annual General Meeting scheduled for July 23, 2026. If approved, the dividend will be paid within 30 days of the AGM.

Arvind Ltd shareholders have approved a Special Resolution to alter the Object Clause of the company's Memorandum of Association. This amendment significantly expands the company's authorized business activities to include a comprehensive range of business transformation, back-office, IT, HR, supply chain, financial, and digital services. This strategic move enables the company to potentially enter new service sectors and leverage its existing infrastructure for future growth, both in India and abroad.

Bandhan Bank Ltd. has informed that its Board of Directors will meet on June 25, 2026, to review and consider the bank's Capital Plan. This intimation highlights the bank's proactive approach to managing its financial resources, which could involve future capital raising to support growth and ensure compliance with regulatory capital requirements. The consideration of a Capital Plan is a significant step for a banking institution.

Hind Rectifiers Ltd has completed the sale of a portion of its non-operational Dehradun plant for Rs. 5 Crore. The plant, which ceased operations in 2023 due to product obsolescence, had no machinery or plans for restart. This divestiture monetizes a dormant asset, improving the company's cash position. The transaction was executed with an unrelated third party on June 22, 2026.

Svam Software Ltd has approved a significant alteration to its Memorandum of Association to expand its business activities. The company plans to venture into Agritech solutions, agricultural technology development, farming, and real estate development (construction and redevelopment). Concurrently, the Board has resolved to change the company's name to "Svam Agritech Limited" (or similar) to reflect this strategic shift. An Extra Ordinary General Meeting (EGM) will be convened on July 14, 2026, to seek shareholder approval for these proposed changes.

Pace Digitek Ltd. released an investor presentation detailing its robust growth journey and integrated infrastructure platform across telecom and energy sectors. The company highlighted its significant entry into large-scale Battery Energy Storage Systems (BESS) manufacturing, with current capacity of 2.5 GWh expanding to 10 GWh. It reported a strong order book of Rs. 11,338 crore as of May 2026 and outlined a Manufacturing-EPC-BOO model, signaling substantial future revenue potential through strategic capacity expansion and diversified operations.

Svam Software Ltd has announced a proposed change in its company name to "Svam Agritech Limited" and a significant alteration to its Memorandum of Association. The revised object clauses will enable the company to expand into Agritech solutions, agricultural technology development, various farming activities, as well as construction, real estate development, and infrastructure projects. These strategic changes signify a major pivot from its original software focus, aiming to broaden business operations and tap into diverse sectors with potential for growth. The changes are subject to shareholder approval at an upcoming Extra Ordinary General Meeting.

Syrma SGS Technology Ltd has entered into an agreement with Kaga Electronics India Private Limited to establish a joint venture (JV) company in India. This JV will set up and operate a technologically advanced Electronics Manufacturing Services (EMS) facility primarily targeting Japanese clients. Syrma will hold a 60% ownership stake, investing approximately INR 15 Crores, while Kaga will hold 40% with an investment of INR 10 Crores. The JV board will comprise two directors nominated by each party.

Svam Software Ltd has announced an Extra-Ordinary General Meeting (EGM) on July 14, 2026. The key agendas include the appointment of Ms. Ritu Tiwari as an Independent Director and a significant alteration to the company's Memorandum of Association. This MoA change will enable the company to expand into agri-tech solutions, digital farming, and general agricultural and farming businesses, marking a strategic diversification into new sectors.

Svam Software Ltd's Board has approved a significant strategic shift, including altering its Memorandum of Association to expand into Agritech solutions, digital farming, agricultural product trading, and various aspects of farming and cultivation. The company also plans to diversify into construction, redevelopment, land development, and real estate. To reflect this new focus, the Board approved changing the company's name from "Svam Software Limited" to "Svam Agritech Limited." An Extra Ordinary General Meeting (EGM) is scheduled for July 14, 2026, to seek shareholder approval for these changes.

Choice International Ltd has announced the appointment of Dr. Nitin Kareer as a member of its Advisory Board. Dr. Kareer is a former Chief Secretary to the Government of Maharashtra and a retired 1988 batch Indian Administrative Service (IAS) officer, bringing over three decades of experience in public finance, taxation policy, urban development, and state governance. His expertise in institutional reforms, digital transformation, GST negotiations, and e-governance is expected to enhance the company's regulatory compliance, policy oversight, and strategic decision-making.