Latest Announcements

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.

Saksoft Limited announced the appointment of Mr. Deepankur Kukreja as the Chief Growth Officer for its UK subsidiary, Acuma Solutions Limited, effective June 23, 2026. Mr. Kukreja is a seasoned Customer Success Leader with a strong track record in driving customer retention, expansion, and business growth, having managed a £25M+ annual portfolio across Europe with over 25% YoY growth. He has expertise in building executive relationships, strategic partnerships, and has successfully led GenAI initiatives, generating significant new business. This strategic appointment aims to bolster growth and customer success in the UK market.

Likhitha Infrastructure Ltd. announced that its Board approved raising up to ₹60 crores through a preferential issue of 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to a mix of promoters, promoter group members, and other investors, subject to shareholder and regulatory approvals. Additionally, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram were appointed as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to bolster the company's financial position and support its expansion initiatives, while the management appointments strengthen its leadership team.

Onix Solar Energy Ltd published an investor presentation highlighting its position as an end-to-end solar module manufacturer. The company is actively expanding its production capabilities, with a 1200MW facility under development and a 200MW facility nearing completion to produce various high-efficiency modules. The presentation underscores strong market drivers, including supportive government policies, significant export opportunities, and increasing domestic renewable energy deployment targets. The parent company, Onix Renewable Limited, has also acquired a stake in Onix Solar Energy.

Likhitha Infrastructure Ltd's Board approved raising ₹60 crore through a preferential issue of up to 2.5 million convertible warrants at ₹240 each, subject to shareholder and regulatory approvals. The warrants are convertible into equity shares and involve promoter and non-promoter investors. Additionally, the company appointed Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to strengthen the company's financial position and support future growth.

Knowledge Marine & Engineering Works Ltd has scheduled a Board Meeting for June 26, 2026, to consider and approve a proposal for raising funds. This fundraise would involve issuing equity shares and/or convertible securities via private placement, preferential allotment, or qualified institutional placement, subject to shareholder and regulatory approvals. The Board will also consider convening an Extra-Ordinary General Meeting to seek member approval for the fund-raising. Consequently, the trading window for insiders is closed from June 22, 2026, until 48 hours after the Board meeting.

Likhitha Infrastructure Ltd's board approved raising ₹60 crore through a preferential issue of up to 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to promoter, promoter group, and non-promoter investors, subject to shareholder approval. The company also announced the appointment of Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Executive Directors, strengthening the management team. This fundraise is intended to support the company's growth initiatives.

Transrail Lighting Ltd announced the acquisition of 100% equity stake in Gactel Turnkey Projects Limited, a fellow subsidiary, for cash consideration. This strategic move aims to strengthen Transrail's cooling tower engineering, execution, and maintenance capabilities, enhancing its end-to-end EPC offerings and supporting future growth despite Gactel's small FY26 turnover of ₹0.58 Crore. The transaction is a related party deal but is stated to be at arm's length based on an independent valuation. Concurrently, the Board noted the resignation of Mr. Raman Rajagopalan, Deputy Managing Director, effective July 31, 2026, due to personal commitments.

Eforu Entertainment Ltd has entered into an agreement with M/s Ambigramy LLC, an international entity based in New Jersey, USA. Under this agreement, Eforu will facilitate engagement between Ambigramy LLC and two music artists, along with their teams. In return, Eforu Entertainment will be compensated a total of USD 65,000, comprising USD 33,000 for the first artist and USD 32,000 for the second artist. This represents a new international contract win for the company in its entertainment business.

Likhitha Infrastructure Ltd. announced its board's approval for a preferential issue of up to 2.5 million convertible warrants at ₹240 per warrant, aiming to raise ₹60 crores. This fundraise is subject to shareholder and other regulatory approvals, with the issue price exceeding the SEBI stipulated minimum. Additionally, the company appointed Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Additional Directors, designated as Executive Directors.

JSW Infrastructure Ltd's Finance Committee has approved the opening of a Qualified Institutional Placement (QIP) on June 22, 2026. The QIP involves a fresh issue of equity shares by the company and an offer for sale by the promoter, Sajjan Jindal Family Trust. The floor price for the offer has been set at ₹290.35 per equity share, with a possible discount of up to 5%, in line with SEBI ICDR Regulations. This fundraise aims to infuse capital into the company.

Transrail Lighting Ltd announced the approval for acquiring a 100% equity stake in Gactel Turnkey Projects Limited, an industrial cooling solutions provider, for cash consideration. This strategic acquisition aims to bolster Transrail's cooling tower engineering and EPC capabilities, despite Gactel reporting a low turnover of ₹0.58 Crore for FY2025-26. The transaction is a related party transaction but stated to be at arm's length based on an independent valuation. Additionally, the company noted the resignation of Mr. Raman Rajagopalan, Deputy Managing Director, effective July 31, 2026, due to personal commitments.

Muthoot Capital Services Ltd. has approved the issuance and allotment of Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crores. These NCDs, with a face value of ₹1,00,000 each, are being issued on a private placement basis and will be listed on BSE. The debentures carry a coupon rate of 9.25% per annum, payable quarterly, with a 24-month tenure maturing on June 29, 2028. This fundraise provides crucial capital for the company's lending activities.