Latest Announcements

Shilpa Medicare Limited, through its material subsidiary Shilpa Biologicals Private Ltd, has commissioned a state-of-the-art Antibody-Drug Conjugate (ADC) GMP Manufacturing Facility. This facility is one of India's few integrated sites for ADC Drug Substance production, designed to meet global regulatory standards. Leveraging Shilpa's 25-year expertise in highly potent compounds, this expansion strategically positions the company as a key Contract Development and Manufacturing Organization (CDMO) partner for global biotech and pharmaceutical companies in the high-value oncology segment.

Biocon Limited announced that its partner, Duopharma Biotech, secured multiple insulin tenders from Malaysia's Ministry of Health, valued at over MYR 225 million. Biocon's Malaysian subsidiary will supply short-acting recombinant human insulin, insulin glargine, and insulin aspart under these contracts, which include a three-year human insulin agreement and two-year agreements for insulin glargine and aspart. This reinforces Biocon's commitment to diabetes care in Malaysia, ensuring continued access to high-quality, cost-effective insulin therapies and strengthening its market presence.

Aye Finance Limited has received an upgrade in its credit ratings from India Ratings and Research (Ind-Ra). The long-term debt instruments and issuer rating were upgraded to 'IND A+/Stable' from 'IND A/Stable', while commercial papers were upgraded to 'IND A1+' from 'IND A1'. This upgrade reflects improved capitalisation from a recent IPO, a strengthened secured loan mix, enhanced profitability buffers, and a more diversified funding profile. The ratings also acknowledge the company's focus on expanding its mortgage product portfolio.

Tech Mahindra Limited announced its 39th Annual General Meeting (AGM) to be held on July 17, 2026, through Video Conferencing. The key agenda items include the adoption of audited financial statements for FY2025-26 and the re-appointment of Dr. Anish Shah as a Non-Executive Director. Importantly, the company proposes to confirm an interim dividend of ₹15/- per equity share and declare a final dividend of ₹36/- per equity share for the financial year 2025-26, resulting in a total dividend of ₹51/- per share for the year.

SIGMA ADVANCED SYSTEMS LIMITED released its Corporate Presentation for June 2026, outlining its transformation into a Tier 1 Global Aerospace & Defense player. The presentation showcases a diversified portfolio including drones, missile systems, avionics, aero-engines, and airframes, backed by strong R&D, a 90%+ international order book up to 8 years, and a dual manufacturing footprint in UK and India. It highlights strategic acquisitions like Nasmyth and Export Bridge to enhance capabilities and global market access, emphasizing the company's integrated value chain play and strategic partnerships for future growth.

Balrampur Chini Mills Limited has received listing approval from the National Stock Exchange of India Limited and BSE Limited for 9,316,771 equity shares. These shares, with a face value of Re. 1/- each, were issued at a price of Rs. 483/- per share (including a premium) to promoters and non-promoters on a preferential basis. This approval formalizes the successful completion of the preferential allotment, allowing the newly issued shares to be admitted for trading on the exchanges.

Zydus Wellness Limited announced the incorporation of Zydus Wellness (EU) Limited, a step-down wholly-owned subsidiary in Ireland, on June 23, 2026. This new entity, established by Zydus Wellness International DMCC, UAE (a wholly-owned subsidiary of Zydus Wellness Limited), has a share capital of €100 and is intended for business expansion in the Vitamins, Minerals, and Supplements (VMS) industry. ZWEL is yet to commence operations.

Rajshree Polypack Limited has completed its investment in Jamnagar Renewables Two Private Limited, acquiring 0.7599% equity for Rs. 2.02 crore. This investment is part of a Group Captive Wind-Solar Hybrid power arrangement, fulfilling a previously disclosed term sheet. The transaction aims to secure renewable power procurement benefits and ensure compliance with applicable electricity laws for the company's operations.

Ather Energy Limited has granted 6,24,630 Employee Stock Options (ESOPs) under its ESOP 2025 plan to eligible employees. The exercise price for these options is Re. 1 per ESOP, and the exercise period allows employees to convert options into equity shares within five years from the vesting date. This move aims to incentivize and retain key talent within the company, aligning employee interests with long-term growth.

DCM Shriram Fine Chemicals Limited has informed the exchanges about the dispatch of physical notices for its 5th Annual General Meeting (AGM) and the availability of the Annual Report for FY 2025-26. These notices were sent to shareholders whose email addresses were not registered, providing links to access the report. Concurrently, the company declared a final dividend of ₹0.40 per equity share (20% on face value of ₹2) for FY 2025-26, with the record date set for July 1, 2026. The dividend payment is expected by August 13, 2026, following the AGM on July 14, 2026.

Axis Bank Limited has successfully priced and completed the issuance of USD 800 million under its Global Medium Term Notes (GMTN) programme. This includes USD 500 million in Additional Tier 1 notes with a coupon of 6.875% per annum and USD 300 million in Senior Notes with a coupon of 5.348% per annum. The Additional Tier 1 notes are perpetual, while the Senior Notes mature in June 2031. Both tranches will be listed on India INX and NSE IX, enhancing the bank's capital adequacy and overall liquidity.

AVG Logistics Limited submitted its Investor Presentation for Q4FY2025-26, detailing its journey as a multi-modal logistics provider. The presentation showcased its extensive network, diverse capabilities including EV/LNG vehicles and liquid logistics, and strategic partnerships. It highlighted financial performance for FY25 with Revenue of ₹551.52 Cr, EBITDA of ₹95.57 Cr, and PAT of ₹21.33 Cr, along with a historical revenue CAGR, underscoring the company's growth trajectory and future vision for India's logistics sector.

AVG Logistics Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported a significant increase in profit for the year, reaching INR 2,594.56 lakhs compared to INR 2,127.51 lakhs in the previous year. Profit for the quarter also saw substantial growth. The Board approved the results, accompanied by an unmodified opinion from the statutory auditors and certifications from the CEO and CFO.

Greaves Cotton Limited has successfully incorporated a wholly-owned subsidiary, 'Greaves International Trading FZE' (GITFZE), in Dubai, United Arab Emirates, effective June 18, 2026. This new entity is established with the primary objective of engaging in international trading and distribution of the company's products and services. The strategic move aims to strengthen Greaves Cotton's global market presence, optimize its international supply chain, and drive business growth in overseas markets.

Winsome Yarns Limited announced the appointment of six new Directors, including Mr. Vipan Kumar as Additional Executive Director and Mr. Avnish Sarvapriya Bansal as Additional Non-Executive Director and Chairperson, effective June 23, 2026. This follows the Hon'ble NCLT's approval of a resolution plan on April 16, 2026, submitted by Mohini Health & Hygiene Limited as the Successful Resolution Applicant. The company had been undergoing Corporate Insolvency Resolution Process (CIRP) since December 22, 2023, with the powers of the Board suspended.

Religare Enterprises Limited (REL) announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Srinivasan Karthik as a director of its material subsidiary, Religare Finvest Limited (RFL). This regulatory approval, received on June 23, 2026, enables Mr. Karthik to assume the role of Managing Director of RFL, in addition to his existing CEO position, subject to the approval of RFL's shareholders. This marks a significant step in formalizing key leadership for the subsidiary with regulatory endorsement.

Cohance Lifesciences Limited's promoter, Berhyanda Limited, along with persons acting in concert, submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. They declared that no new encumbrances (pledges) have been created on the company's shares, either directly or indirectly, during the financial year 2025-26. This announcement reassures that only previously disclosed encumbrances exist, indicating stability in the promoter's shareholding pledge status.

Imagicaaworld Entertainment Limited announced the resumption of operations for its Imagicaa Water Park in Khopoli, Maharashtra, effective Friday, June 26, 2026. The decision follows improved rainfall in the catchment area and availability of necessary resources. The company had previously estimated a revenue loss of approximately INR 50 Lakh due to the temporary disruption and stated its continued focus on water conservation efforts.

Rashi Peripherals Limited announced its strategic acquisition of an upfront 67% stake in VDA Infosolutions Pvt. Ltd. for a cash consideration of INR 3.68 billion, valuing VDA at INR 5.5 billion equity. VDA, with FY26 revenue of approximately INR 8.5 billion, specializes in enterprise technology and digital infrastructure solutions, including cloud, cybersecurity, and data protection. This move enables Rashi Peripherals to expand its value chain from ICT distribution into fast-growing enterprise IT solutions and services, capitalizing on accelerating demand in areas like cloud infrastructure, AI, and cybersecurity.

OnMobile Global Limited announced the official launch of its ONMO+ Smart Console offering on Flipkart on June 26, 2026. This product aims to democratize premium gaming experiences by providing a pro gaming controller and an instant-access card, enabling Console/PC gaming across Smart TVs, tablets, and phones without requiring additional costly hardware. The product will be available for purchase on Flipkart, with a detailed press release to be issued on the launch date.