Latest Announcements

Nitin Spinners Ltd has received an upgrade in its credit rating from CARE Ratings Limited. The long-term bank facilities have been upgraded from 'CARE A; Positive' to 'CARE A+; Stable', while the short-term bank facilities rating 'CARE A1' has been reaffirmed. This positive rating action, which considers the company's operational and financial performance for FY26, indicates improved creditworthiness and financial stability for Nitin Spinners.

Nilkamal Limited announced its 40th Annual General Meeting (AGM) to be held on July 17, 2026, to approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. A final dividend of Rs. 20 per equity share has been proposed for FY2026. Other agenda items include the re-appointment of Mr. Manish V. Parekh as a director and the ratification of cost auditor remuneration.

Nilkamal Ltd announced its 40th Annual General Meeting (AGM) to be held on Friday, July 17, 2026, through video conferencing. Concurrently, the company released its Annual Report for the financial year 2025-26, which includes audited standalone and consolidated financial statements. A key item on the AGM agenda is the proposal to declare a final dividend of Rs. 20 per equity share for the financial year ended March 31, 2026.

String Metaverse Ltd submitted an updated undertaking to BSE regarding its bonus issue, confirming the credit and listing schedule for the new shares. The company announced the allotment of 5,55,86,661 bonus shares with a record date of June 19, 2026, and a deemed allotment date of June 22, 2026. This undertaking ensures the bonus shares will be credited to demat accounts by June 22, 2026, and will be available for trading from June 23, 2026, in compliance with SEBI regulations.

Century Enka Limited has executed a Power Purchase Agreement (PPA) with ABREL Century Energy Limited, a Special Purpose Vehicle, for a 9.9 MW wind-solar hybrid power plant. This facility will provide captive power to the company's Bhosari, Pune plant, with Century Enka holding a minimum 26% equity in the SPV. The scheduled commissioning date has been corrected to June 30, 2027. This arrangement, considered a related party transaction, is stated to be at arm's length, aiming for energy cost optimization and sustainability.

Almondz Global Securities Ltd has received in-principle approval from both BSE and NSE for its proposed preferential issue. The company plans to issue 8,000,000 warrants, each convertible into one equity share, to non-promoter entities. The issue price for these warrants will be not less than Rs. 16.58 per equity share, paving the way for the company to raise significant capital subject to fulfilling various regulatory conditions.

GM Breweries Ltd held its 43rd Annual General Meeting on May 28, 2026. Shareholders adopted the financial statements for the fiscal year ended March 31, 2026, and declared a final dividend of 90% (Rs. 9 per equity share) for FY2025-26. Mrs. Jyoti Almeida Kashyap and Mr. Kiran Parashare were re-appointed as Directors. The Chairman noted commendable performance despite tough market conditions, and members appreciated the company's performance, consistent dividend payouts, and investment strategy.

Udit Harish Sheth, a promoter of Setco Automotive Ltd, disclosed the release of encumbrance on 5,82,863 equity shares of the company on June 18, 2026. These shares, constituting 0.44% of the total share capital, were previously pledged against Non-Convertible Debentures issued by Setco Auto Systems Pvt. Ltd. to India Resurgence Fund. Following this release, the promoter's encumbered shareholding in Setco Automotive Ltd has decreased from 2.07% to 1.63% of the total share capital.

Setco Engineering Private Limited, a promoter of Setco Automotive Ltd, announced the release of 8,300,000 equity shares previously encumbered. These shares, representing 6.20% of Setco Automotive's total share capital, were released by Vistra ITCL (India) Limited – Debenture Trustee on June 18, 2026. This reduces the total percentage of promoter shares encumbered from 47.89% to 41.69% of the company's total share capital.

Empower India Ltd announced its strategic expansion into next-generation digital solar solutions, aiming to capture India's fast-growing renewable energy market. This initiative seeks to democratize access to clean energy for millions of consumers by addressing barriers like lack of rooftop ownership and high upfront costs. Leveraging its existing technology and power infrastructure expertise, the company expects to create a scalable and recurring revenue platform within the sector, which anticipates over US$200 billion in investment.

Lehar Footwears Ltd has secured its largest-ever OEM order, valued at ₹39.70 Crores (excluding GST), for the manufacturing and supply of approximately 18 lakh pairs of footwear. The order is to be executed within 60 days and enhances the company's revenue visibility for FY27. This significant win strengthens Lehar's position as a reliable OEM partner and underscores its manufacturing scale and quality standards, utilizing its facilities in Rajasthan and Haryana.

Suven Life Sciences will participate in the BIO International Convention 2026 in San Diego to showcase its differentiated Central Nervous System (CNS) clinical candidates, including late-stage assets for Alzheimer's agitation, major depressive disorder, and narcolepsy. The company aims to engage with global pharmaceutical and biotechnology firms through 62 pre-scheduled meetings to explore partnering strategies, out-licensing, and co-development initiatives for its pipeline. This move seeks to accelerate the development and commercialization of its innovative treatments.

Varroc Engineering Ltd announced an investor presentation for a scheduled meeting with Investec Capital on June 22, 2026. The presentation highlights the company's financial performance, showcasing a consistent upward trend in key metrics such as revenue, gross profit, EBITDA, and PBT before exceptional items from FY2022 to FY2026. This update indicates robust historical operational and financial growth for the company.

String Metaverse Ltd has allotted 5,55,86,661 fully paid-up Bonus Equity Shares to its eligible public shareholders in a ratio of 2 shares for every 9 existing shares. The Promoter and Promoter Group shareholders irrevocably forgone their entitlement to these bonus shares. This strategic move increased the public shareholding from 21.48% to 25.06%, thereby achieving compliance with the Minimum Public Shareholding (MPS) requirements prescribed by SEBI. The bonus shares rank pari-passu with existing equity shares.

String Metaverse Ltd has allotted 5,55,86,661 fully paid-up bonus equity shares to its eligible public shareholders in a 2:9 ratio, with the promoters and promoter group irrevocably forgoing their entitlement. This action has increased the public shareholding from 21.48% to 25.06% of the total paid-up equity capital. The primary objective of this bonus issue was to achieve compliance with the Minimum Public Shareholding (MPS) requirements prescribed by SEBI regulations, which the company has now successfully met.

PNC Infratech Ltd has incorporated a wholly-owned subsidiary, 'BARABANKI MUSTAFABAD HIGHWAY PRIVATE LIMITED', as a Special Purpose Vehicle (SPV). This SPV, with an initial paid-up capital of Rs. 10 lakhs, is established to implement a 4-lane highway project from Barabanki to Mustafabad in Uttar Pradesh. The project, awarded by NHAI on a Hybrid Annuity Mode (HAM), signifies progress on the company's order book and future revenue generation in the infrastructure sector.

Flair Writing Industries Ltd. has secured fresh orders worth INR 200 million for its Creative and Steel Bottles & Houseware divisions from large format stores, with execution expected within 90 days. These divisions demonstrated strong growth of 78% in FY26, contributing 31% to the company's total revenue, and are projected to increase their combined contribution to 38-40% in FY27. This order reinforces the strong demand momentum and is anticipated to support margin-accretive growth, further solidifying Flair's presence in these expanding consumer segments.

Organic Recycling Systems Ltd has announced that its Board of Directors will convene a meeting on July 6, 2026, to deliberate and approve a proposal for the issuance of bonus shares. This intimation is in compliance with Regulation 29(1)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The outcome of the board meeting will be communicated to the stock exchanges promptly.

Blue Cloud Softech Solutions Ltd (BCSSL) announced it is exploring preliminary and non-binding business opportunities in artificial intelligence (AI) technology with SpaceX International Ltd. The companies have established a framework for information exchange to evaluate potential collaboration areas. BCSSL emphasizes that these are early-stage discussions and do not create any binding obligations, with any future transaction contingent on detailed due diligence and approvals. This initiative aligns with the company's focus on digital infrastructure and technology.

Aurobindo Pharma USA, a wholly-owned subsidiary of Aurobindo Pharma Ltd, has received U.S. Federal Trade Commission (FTC) approval to acquire Lannett Company LLC for $250 million. This acquisition significantly expands Aurobindo's product offering in complex, non-opioid controlled substances and adds a U.S.-based manufacturing facility. The transaction, expected to close by end of June 2026, is anticipated to be immediately accretive to the Aurobindo Group's earnings per share. It is also projected to generate meaningful cost efficiencies, SG&A synergies, and enhance the company's differentiated pipeline for sustainable long-term growth.