Latest Announcements

Torrent Pharmaceuticals Limited successfully held its 53rd Annual General Meeting on June 23, 2026, and announced that all resolutions were duly approved by shareholders. Key resolutions passed included the adoption of standalone and consolidated financial statements for FY2026, confirmation of interim dividend and declaration of final dividend, re-appointment of Director Samir Mehta, and ratification of cost auditor remuneration. Significantly, shareholders also approved a special resolution for the issuance of equity shares including convertible bonds/debentures, enabling future capital raising activities.

Torrent Pharmaceuticals Limited's 53rd Annual General Meeting (AGM) on June 23, 2026, approved standalone and consolidated financial statements for FY26. Shareholders confirmed an interim dividend of ₹29.00 and declared a final dividend of ₹9.00 per equity share for FY26. Key resolutions also included the re-appointment of Director Samir Mehta, ratification of cost auditor remuneration, and the approval for the issuance of equity shares including convertible bonds/debentures, signaling potential future capital raising.

Satin Creditcare Network Limited's board approved a proposal to raise up to INR 5,000 Crore through Non-Convertible Debentures (NCDs) via private placement, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also re-appointed Mr. Vikas Gupta as Chief Compliance Officer for a further three-year term, effective July 11, 2026. The company's 36th AGM is scheduled for August 7, 2026.

Cyber Media (India) Limited has issued notices of forfeiture to shareholders for 1,71,329 partly paid-up equity shares. These shares, which originated from a Rights Issue in 2025, are being forfeited due to the non-payment of the first and final call money by the stipulated deadline. This action is a procedural step to resolve outstanding capital from the earlier fundraise, as per the company's Articles of Association and applicable regulations.

Power Finance Corporation (PFC) has successfully priced and launched a USD 300 million bond issue with a 5.32% coupon rate, maturing in 2031. These notes, part of a larger Global Medium Term Note Programme, will be listed on NSE IFSC and India INX. The proceeds from this fundraise are earmarked for use in accordance with the Reserve Bank of India's external commercial borrowing guidelines, bolstering PFC's financial capacity for its lending operations.

IIFL Capital Services Limited has allotted 1,780,600 equity shares to its employees following the exercise of stock options under the IIFL Securities Limited Employee Stock Option Scheme – 2018. This allotment increases the company's total equity base from 311,669,964 to 313,450,564 shares, with the newly allotted shares ranking pari passu with existing equity shares.

Power Grid Corporation of India Limited announced the closure of its trading window from June 24, 2026, in compliance with SEBI insider trading regulations. This closure precedes a meeting by the Committee of Directors for Bonds on June 26, 2026, to consider and approve a General Information Document for issuing POWERGRID Debentures through private placement for the fiscal year 2026-27. The trading window will reopen 48 hours after the declaration of the Q1 FY27 financial results for the quarter ending June 30, 2026.

JM Financial Limited announced the allotment of 4,93,742 equity shares of face value ₹1 each to eligible employees. These shares were issued upon the exercise of stock options under the company's Employees' Stock Option Scheme (ESOS). The Allotment Committee of the Board approved this issuance at its meeting held on June 23, 2026. Following this allotment, the company's paid-up equity share capital now stands at ₹95,69,59,936, representing 95,69,59,936 equity shares.

UFO Moviez India Limited announced the allotment of 10,000 equity shares of Rs. 10 face value at an exercise price of Rs. 50 per share under its Employee Stock Option Scheme 2014. This issuance increases the company's paid-up share capital from 3,88,14,757 to 3,88,24,757 equity shares, effectively raising Rs. 5,00,000. The company explicitly stated that this allotment is not material in nature, indicating a negligible impact on its financials and capital structure.

ICICI Prudential Life Insurance Company Limited has allotted 67,604 equity shares of face value ₹10 each on June 23, 2026. These shares were issued under the Company's Employees Stock Option Scheme (2005) and Employees Stock Unit Scheme (2023). The allotment was approved by the Managing Director & CEO, exercising authority delegated by the Board, and these new shares rank pari-passu with existing equity shares.

Krishna Institute of Medical Sciences Limited has received approval from both BSE and NSE for the listing of 1,98,67,549 equity shares. These shares, with a face value of Rs. 2/- each, were issued to qualified institutional buyers through a Qualified Institutional Placement (QIP). This intimation confirms the successful completion of the regulatory process for the QIP shares to be traded on the exchanges.

Viceroy Hotels Limited has announced a Board Meeting on June 29, 2026, to consider and approve raising funds through a rights issue of equity shares to existing shareholders. This fundraise will adhere to the Companies Act and SEBI ICDR Regulations. Concurrently, the trading window for Designated Persons and their immediate relatives is closed from the date of the announcement until 48 hours after the Board Meeting.

Viceroy Hotels Limited has announced a Board Meeting to be held on June 29, 2026, to consider and approve raising funds through a rights issue of equity shares to its existing shareholders. This fundraise, if approved, aims to bolster the company's financial position and support future endeavors. The trading window for designated persons and their relatives will remain closed from the date of the letter until 48 hours post-meeting.

Manappuram Finance Limited's Board approved the grant of 4,28,568 employee stock options under its ESOP 2025 scheme. A proposal to enhance borrowing limits to Rs. 1,00,000 Crore for raising funds through Non-Convertible Debentures/Bonds and Commercial Papers was deferred for consideration at a subsequent board meeting. Additionally, two individuals were reclassified due to internal reporting realignments and are no longer classified as Senior Management Personnel. The overall impact of these decisions is neutral to slightly cautious.

Manappuram Finance Limited's board approved granting 4,28,568 employee stock options under its 2025 scheme to eligible employees and subsidiaries. The board also decided to defer a decision on enhancing borrowing limits to Rs. 1,00,000 Crore. Additionally, two Senior Management Personnel were reclassified due to internal reporting realignments. The ESOP grant is a minor equity dilution and a standard compensation tool. The deferred fundraise indicates cautious capital planning.

Grasim Industries Limited has successfully acquired an additional stake in its material listed subsidiary, Aditya Birla Capital Limited (ABCL), by participating in a preferential issue of equity shares. Grasim invested approximately Rs. 2,880 crore to purchase 8,08,94,331 equity shares at Rs. 356.02 per share. This transaction marginally increased Grasim's shareholding in ABCL from 52.27% to 52.30% on a fully diluted basis. The capital infusion is intended to meet ABCL's growth objectives, augment its capital base, fund its lending business, and for other general corporate purposes.

Mangal Credit and Fincorp Limited has successfully allotted 2,000 secured, listed, rated, taxable Non-Convertible Debentures (NCDs) on a private placement basis. This fundraise aggregates to INR 20 crore, with each NCD having a face value of INR 1,00,000 and issued at a discount. The NCDs carry an annual interest rate of 11.75%, payable monthly, and have a tenure of 27 months, maturing on September 23, 2028. The funds, secured by a charge on identified receivables, will enhance the company's financial resources for operational growth.

Aditya Birla Capital Limited announced the allotment of 11,23,53,236 equity shares through a preferential issue on a private placement basis. This capital raise generated approximately INR 4,000 crores. The shares were allotted to Grasim Industries Limited (promoter), Suryaja Investments Pte. Ltd. (promoter group), and International Finance Corporation (IFC). This significant infusion increases the company's paid-up equity capital and is poised to strengthen its balance sheet, supporting its growth objectives in the financial services sector.

IIFL Finance Limited clarified that a proposal regarding fund-raising by issuing equity or other eligible securities, scheduled for the upcoming Board Meeting on June 27, 2026, is solely for seeking shareholders' enabling approval at the Annual General Meeting. The company stated that any actual issuance of securities would be considered at an appropriate future time, subject to market conditions, shareholder consent, and regulatory approvals. This announcement confirms that an immediate fund-raise is not planned.

Dishman Carbogen Amcis Limited has re-submitted its audited financial results for March 31, 2026, in a machine-readable format following an NSE request. The original board meeting on May 19, 2026, approved these results and, significantly, sanctioned availing External Commercial Borrowing (ECB) up to CHF 200 million from a promoter group company. This ECB aims to refinance existing debt at more favorable terms, reducing interest costs. Additionally, the board approved increasing the company's overall borrowing limits from Rs. 1,700 crores to Rs. 4,000 crores, subject to shareholder approval.