Latest Announcements

Steelman Telecom Ltd. has announced a Board Meeting on June 29, 2026, to consider and approve proposals for raising funds up to Rs. 50 Crores. The fundraise will involve issuing Equity/Convertible Share Warrants or other eligible convertible securities on a preferential basis to promoters/non-promoters, subject to shareholder approval. The board will also discuss convening an Extra Ordinary General Meeting (EGM) to obtain necessary approvals.

Salem Erode Investments Ltd has approved the issuance of 15,000 unlisted secured redeemable Non-Convertible Debentures (NCDs) of face value Rs. 1,000 each, aggregating to Rs. 1.50 crore. These NCDs will be issued on a private placement basis in one or more tranches, offering tenures of 36 or 68 months. A monthly scheme for 36 months features a 12.00% coupon rate. The debentures are secured against current assets, loans, advances, and other unencumbered assets, with a minimum security cover of 100%.

Danube Industries announced a strategic partnership with Fox Petroleum Group, which will invest USD 50 million in two tranches. This capital infusion is intended to support Danube's expansion, technology development, and business growth, particularly in emerging areas like AI, advanced manufacturing, and defence technologies. The company plans to rename itself Fox Danube Technologies Limited and launch an AeroDefence Division. This collaboration is set to transform Danube into a technology-focused enterprise, strengthening its market position.

Ashish Dhawan has increased his stake in Religare Enterprises Ltd, with his total holding now at 5.42% of the diluted share capital. This increase is primarily due to the conversion of 1.7 million warrants into equity shares, issued at Rs. 235 per warrant, alongside secondary market purchases of 1.33 million equity shares. The acquisition triggered a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers Regulations as his stake crossed the 5% threshold.

Kirloskar Pneumatic Company Ltd announced the allotment of 5,000 equity shares with a face value of Rs. 2/- each to eligible employees under its 'KPCL Employee Stock Option Scheme 2019'. This action, approved by the Stakeholders’ Relationship Committee on June 22, 2026, increases the company's issued, subscribed, and paid-up share capital to Rs. 12,99,26,380, comprising 6,49,63,190 equity shares. The newly allotted shares will rank pari-passu with existing equity shares.

Syschem India Ltd allotted 2,50,000 equity shares of ₹10 each to 9 eligible employees at par, following the exercise of vested stock options under its ESOP Scheme_2024. This action increased the company's issued, subscribed, and paid-up equity share capital from ₹49.01 crore to ₹49.26 crore. The allotment generated ₹25 lakh for the company. These new shares will rank pari passu with existing equity shares, fostering employee ownership and slightly enhancing the capital base.

Syschem India Ltd's Board of Directors approved the allotment of 2,50,000 equity shares of face value ₹10 each to 9 eligible employees. These shares were allotted upon the exercise of vested stock options under the Company's ESOP Scheme_2024, generating ₹25,00,000 for the company. Consequently, the issued, subscribed, and paid-up equity share capital increased from ₹49,01,30,000 to ₹49,26,30,000, and the newly allotted shares will rank pari passu with existing equity shares.

Leo Dryfruits & Spices Trading Ltd. announced an Extraordinary General Meeting (EGM) to be held on July 17, 2026, via Video Conferencing. The sole agenda for the EGM is to consider and pass a Special Resolution for the alteration of the company's Articles of Association. This alteration aims to insert a new article that will enable the company to issue warrants, convertible securities, and other securities to various investors, including promoters and institutional investors, on a preferential or private placement basis, subject to regulatory approvals.

Finkurve Financial Services Ltd announced the rescheduling of its Board Meeting from June 24, 2026, to June 25, 2026. The purpose of this meeting remains the same: to consider and approve raising funds up to Rs. 50 Crores through the issuance of Non-Convertible Debentures (NCDs) via private placement on an Electronic Bidding Platform (EBP). This fundraise is intended to support the company's growth initiatives.

Bank of Baroda has disclosed information regarding a Global Investor Engagement Meeting held on June 22, 2026. The meeting's purpose was to discuss raising Foreign Currency Bonds under its Medium Term Note (MTN) programme. As per SEBI (LODR) Regulation 46, the bank has provided a link on its website for shareholders to access the audio and video recording of this engagement.

Tube Investments of India Ltd has allotted 6,030 equity shares of Re. 1/- each to eligible employees who exercised their stock options under the Employee Stock Option Plan 2017. The shares were allotted at exercise prices of Rs. 1,471.90 for 4,320 shares and Rs. 2,541.95 for 1,710 shares. This allotment increases the total outstanding equity shares from 19,35,62,289 to 19,35,68,319 and the paid-up equity share capital accordingly.

Knowledge Realty Trust, through its Manager, has approved the allotment of rupee denominated, listed, rated, secured, transferable, non-convertible debentures (NCDs) for an aggregate principal value of INR 600 crores. These NCDs have a face value of INR 1,00,000 each and were allotted on a private placement basis. The debentures are proposed to be listed on BSE Limited, signifying a significant debt fundraising initiative for the Trust.

Ujaas Energy Ltd's Board has approved several key resolutions, subject to shareholder approval at the upcoming AGM. These include the reappointment of Mr. Vikalp Mundra and the appointment of Mrs. Geeta Mundra as a Non-Executive, Non-Independent Director, also designated as Chairman. Significantly, the Board approved an enabling resolution to borrow funds up to Rs. 1,000 Crores, and to make investments, extend loans, or provide guarantees under Sections 185 and 186 of the Companies Act, 2013.

Nippon Life India Asset Management Ltd has allotted 5,15,730 equity shares under its Employee Stock Option Plan (ESOP) 2019, ESOP 2023, and Performance Linked Stock Unit (PSU) 2023 schemes. This allotment, approved on June 22, 2026, increases the company's paid-up equity share capital from 63,87,80,167 to 63,92,95,897 shares. The new shares rank pari passu with existing equity, constituting a minor dilution of about 0.08% and reflecting ongoing employee incentive programs.

Amalgamated Electricity Company Ltd's Board of Directors met to discuss a business revival plan and a preferential allotment of equity shares. Both the revival plan and the fundraise proposal, along with other key agenda items like increasing authorized share capital and changing the registered office, were deferred. The deferrals were attributed to the need for additional inputs, clarifications, and extended discussions. No approvals were granted for any of the proposed items, indicating a delay in the company's strategic and financial initiatives.

The Board of Amalgamated Electricity Company Ltd met on June 22, 2026, but deferred all significant agenda items. The crucial "Revival Business Plan" was postponed as the board required further critical inputs and clarifications from management for a comprehensive evaluation. Similarly, a proposal for fundraising via a preferential allotment of equity shares could not be approved and was deferred to a subsequent meeting. Other key items like increasing authorized share capital and changes to the Memorandum and Articles of Association were also put off, indicating a lack of preparedness and decisive action.

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.

Milkfood Ltd. has allotted 1,218,000 equity shares to eligible employees who exercised their stock options under the Milkfood Limited Stock Option Plan 2024. This action increases the company's paid-up share capital to Rs. 12,79,80,900, comprising 2,55,96,180 equity shares of Rs. 5 each. The newly allotted shares will rank pari passu with existing equity shares. This is a standard compensation event aimed at aligning employee interests with the company.