Latest Announcements

Viceroy Hotels Ltd has announced a Board Meeting scheduled for June 29, 2026, to consider and approve a proposal for raising funds. The proposed method for fundraising is through a Rights Issue of Equity Shares to its existing shareholders, in compliance with applicable regulations. In connection with this, the company has declared a trading window closure for designated persons and their immediate relatives, effective until 48 hours after the Board Meeting.

Inter State Oil Carrier Ltd announced the conclusion of the remote e-voting for a postal ballot seeking shareholder approval for three special resolutions. These resolutions include increasing the company's borrowing limits, creating charges on movable and immovable properties for borrowings, and enhancing limits for making investments, extending loans, and providing guarantees. The results of the postal ballot are pending and are expected to be declared by June 24, 2026.

Manappuram Finance's Board approved granting 4,28,568 stock options under its ESOP 2025 to eligible employees. The proposal to enhance the company's borrowing limits to Rs. 1,00,000 Crore by issuing Non-Convertible Debentures/Bonds and Commercial Papers was deferred for consideration at a later Board Meeting, subject to shareholder approval. Additionally, two Senior Management Personnel were reclassified due to internal departmental realignments, ceasing to be categorized as SMPs.

Black Buck Ltd announced the allotment of 60,974 fully paid-up equity shares, each with a face value of Re. 1/-, to identified employees. These shares were issued upon the exercise of options granted under the BlackBuck Limited Employee Stock Option Scheme 2016 and 2019. This allotment, approved by the Nomination and Remuneration Committee, increases the company's paid-up equity share capital from Rs. 18,20,77,602 to Rs. 18,21,38,576.

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.

Laxmipati Engineering Works Ltd announced its 15th Annual General Meeting on July 17, 2026, to be held via video conferencing. Key agenda items include adopting financial statements for FY26, re-appointing Mr. Rakesh Govindprasad Sarawagi as Executive Director, and approving a significant enhancement in the company's borrowing limits up to Rs. 200 crores over and above its paid-up capital and free reserves. This resolution enables the Board to borrow substantial funds for business purposes.

Aditya Birla Capital Ltd has announced the allotment of 11,23,53,236 fully paid-up equity shares through a preferential issue. The allotment includes 8,08,94,331 shares to promoter Grasim Industries Limited, 56,17,661 shares to promoter group entity Suryaja Investments Pte. Ltd., and 2,58,41,244 shares to International Finance Corporation (IFC). The total capital raised from this allotment amounts to approximately Rs. 4000 crores, significantly increasing the company's paid-up equity share capital.

IIFL Finance Ltd clarified its earlier intimation regarding a Board Meeting on June 27, 2026. The company stated that the proposal for raising funds through the issuance of equity shares or other eligible securities is solely for seeking shareholders' enabling approval at the upcoming Annual General Meeting. Any actual issuance of securities will be considered by the Board at an appropriate future time, subject to market conditions and necessary approvals.

RLF Ltd is holding an Extra-ordinary General Meeting (EGM) on July 17, 2026, to approve two special businesses. The primary agenda includes seeking shareholder consent to convert outstanding unsecured loans advanced by its Managing Director, Aditya Khanna, and Director, Ashish Khanna, into fully paid-up equity shares on a preferential basis. Additionally, the EGM will approve the adoption of a new set of Articles of Association to align with the Companies Act, 2013 and SEBI regulations. This conversion aims to settle existing promoter debt by issuing equity, strengthening the company's balance sheet.

Eco Hotels And Resorts Ltd has issued another reminder to shareholders for the payment of outstanding First and Second Call Money, including 10% interest per annum on delayed payments. This pertains to partly paid-up equity shares issued through a Rights Issue and is a follow-up to multiple previous notices. Shareholders are requested to make payments by June 30, 2026, to fully realize the capital from the rights issue.

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.

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.

Lupin Ltd's Nomination and Remuneration Committee granted 1,567,591 stock options under its Employees Stock Option Scheme 2025. The options have an exercise price of ₹2.00 per share and will vest over three years in equal annual installments after the first year, subject to performance conditions. Grantees can exercise vested options within eight years from the effective grant date of July 1, 2026. This initiative is a standard practice for employee retention and motivation.

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.

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.

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.

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.