Latest Announcements

Inani Securities Ltd has received a public announcement from Aikyam Financial Services Private Limited for the acquisition of up to 11,85,002 equity shares, representing 26% of the total equity and voting share capital, at a price of 60/- per share. The acquisition will trigger a mandatory open offer under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Completion of the transaction is subject to completion of the open offer, receipt of change-in-control approvals, and satisfaction of other conditions precedent.

Atal Realtech Ltd withdraws its proposed rights issue due to unfavourable market conditions and business considerations.

Alankit Ltd has informed that its Management Committee has approved the allotment of 5 crore fully convertible warrants at Rs. 8.60 per warrant to Alka Agarwal, a promoter group entity, for Rs. 43 crore. The paid-up equity share capital on a fully diluted basis will be Rs. 32.11 crore.

The Board of Directors of Leading Leasing Finance And Investment Company Ltd has decided to withdraw the In-Principle Approval applications submitted to BSE and MSE for the issue and allotment of equity shares and convertible warrants.

Ikoma Technologies Ltd has withdrawn its In-Principle Application for a proposed Rights Issue and also withdrawn its proposed acquisition of M/s ICM Insurance Brokers Private Limited due to the withdrawal of the Rights Issue.

Resourceful Automobile Ltd has called an EGM to consider the issuance of up to 3,00,000 convertible equity warrants to Rahul Sawhney, the company's managing director, at a price of Rs. 51 per warrant, aggregating to up to Rs. 1,53,00,000.

Virtuoso Optoelectronics Ltd's board meeting approved a preferential issue of up to 16.89 lakh equity shares to ICICI Prudential SmallCap Fund, ICICI Prudential Retirement Fund-Hybrid Aggressive Plan, and Clarus Capital II at Rs. 503 per share, aggregating up to Rs. 84.99 crore. An EGM will be held on September 24, 2026, to seek shareholder approval for the issue.

Piramal Finance Ltd has approved the issuance of up to 82,94,000 warrants to Nithyam Realty Private Limited, a promoter group entity, for a cash consideration of up to ₹1,750.03 crore. The warrants are convertible into equity shares at an issue price of ₹2,110 per warrant. The company will convene an Extra-ordinary General Meeting (EGM) on September 19, 2026, to seek shareholders' approval for the preferential issue.

Kronox Lab Sciences Ltd's promoters have executed a Share Purchase Agreement with Indo Borax & Chemicals Limited and Zenrock Chemicals Private Limited for the sale of 2,38,44,000 equity shares, constituting approximately 64.26% of the total paid-up equity share capital of the Company. The transaction is subject to the fulfillment of conditions precedent and other terms as set out in the SPA. The per share price for sale of shares under the SPA is ₹103.22. The Sellers have undertaken certain non-compete and non-solicit obligations for an identified period under the SPA.

Jay Kailash Namkeen Ltd has announced the outcome of its Board meeting held on August 13, 2026, where it approved the issuance of up to 33.74 lakh equity shares at an issue price of Rs. 45.19 per share to Mr. Amar Pramod Talwar, a preferential allotment, and increased its authorized share capital from Rs. 5 crore to Rs. 10 crore.

ACI Infocom Ltd has approved a preferential issue of up to 3,20,00,000 equity shares and up to 29,48,00,000 fully convertible warrants at Rs. 1.53 per share, aggregating up to Rs. 4,89,60,000 and Rs. 45,10,44,000 respectively. The issue price is determined under Regulation 166A read with Regulation 164 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The proposed allottees are Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia, who will be classified as promoters after the completion of the open offer and the transactions contemplated under the preferential issue.

ACI Infocom Ltd's board meeting outcome includes approval of preferential issue of equity shares and fully convertible warrants, raising up to Rs.4,89,60,000 and Rs.45,10,44,000 respectively, at an issue price of Rs.1.53 per equity share. The proposed allottees are Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia, who will be classified as promoters after the open offer. The company will also issue up to 29,48,00,000 fully convertible warrants at Rs.1.53 per equity share.

Jayant Infratech Ltd has withdrawn its proposed preferential issue of up to 12,55,000 equity shares to facilitate the acquisition of Jayant Infraprojects' business/undertaking. The company will terminate the Business Transfer Agreement dated April 27, 2026, and has clarified that the withdrawal will not have any adverse impact on its financial position, operations, or growth prospects.

Prabhatam Infra Venture Ltd has approved the allotment of 14,40,10,350 equity shares for consideration other than cash and 5,85,00,000 equity shares for cash on a preferential basis to various allottees, increasing the paid-up equity share capital to Rs. 22,15,38,850.

Minolta Finance Ltd has withdrawn the record date of June 30, 2026, for its proposed rights issue. The company cited unforeseen circumstances and pending procedural formalities with the depositories as reasons for the withdrawal. The previously fixed record date now stands cancelled, and the company will separately announce a revised record date and other terms for the rights issue in due course.

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.

MSP Steel & Power Ltd will hold an Extra-Ordinary General Meeting (EGM) on July 14, 2026, to seek shareholder approval for varying the utilization of INR 73.50 crore from a preferential issue. Originally earmarked for unsecured debt repayment, these funds, derived from convertible warrants issued to a promoter group entity, are now proposed to be used for the company's working capital requirements. This signifies a shift in capital allocation priority from balance sheet strengthening to operational liquidity.

Indrayani Biotech Ltd has announced the indefinite postponement of its partly paid-up Rights Issue. The Rights Issue Committee, at its meeting on June 22, 2026, decided to defer the schedule until further notice, which was previously extended to close on July 24, 2026. While the revised opening and closing dates will be intimated later, the offer price and rights entitlement ratio approved earlier will remain unchanged.

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.