Latest Announcements

Chloride Eastern Limited, a promoter of Exide Industries, has disclosed its shareholding as of March 31, 2026, holding 390,954,666 equity shares, representing 45.99% of the paid-up share capital. The promoter has declared that it has not created any direct or indirect encumbrance on these shares, providing clarity under SEBI Takeover Regulations.

Andrew Yule & Co. Ltd., a promoter of Veedol Corporation Ltd., has submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ended March 31, 2026. The company confirmed that neither they nor any persons acting in concert have encumbered their shareholding in Veedol Corporation Ltd. during this period. This declaration indicates stability in the promoter's stake and absence of financial stress that would necessitate pledging shares.

Bhagiradha Chemicals & Industries Limited promoters, led by Singavarapu Chandrasekhar, disclosed their aggregate shareholding of 19.60% (2,54,10,000 equity shares) as of March 31, 2026. Crucially, the disclosure confirmed that the promoter group did not encumber any shares, directly or indirectly, during the financial year ended March 31, 2026. This announcement was made under Regulation 31(4) of SEBI Takeover Regulations, reaffirming promoter financial stability.

Gautam Chand Jain, a promoter of Pokarna Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure typically indicates the release of previously encumbered shares, meaning shares that were pledged by the promoter are now free from such encumbrance. This event generally signals improved financial standing for the promoter and reduces potential market overhang.

TVS Srichakra Limited, through its Eurogrip Tyres brand, announced the inauguration of its 16th exclusive retail store in Panipat, Haryana. This new outlet is a strategic move to strengthen the brand's retail footprint across key Indian markets and enhance customer access to its comprehensive range of 2 & 3-wheeler tyres and services. The store will offer professional tyre fitment, care, puncture repair, and warranty support, catering to diverse riding needs in Panipat, which is identified as a significant market.

NLC India Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for the formation of a Joint Venture (JV). This JV aims to develop large-scale renewable energy projects, including solar, wind, and hybrid power with energy storage, in Tamil Nadu. The projects will supply renewable power to third parties, C&I consumers, Discoms, and support applications like e-mobility and green fuels. This strategic collaboration marks a significant step towards India's clean energy transition and NLCIL's diversification into sustainable energy sectors.

Cybertech Systems And Software Limited announced the successful completion of its share buyback program, resulting in the extinguishment of 8,50,000 fully paid-up equity shares of face value ₹10/- each through a tender offer route. The tendering period ran from June 04, 2026, to June 10, 2026. This action reduces the company's paid-up equity share capital from 3,11,30,593 shares to 3,02,80,593 shares, enhancing shareholder value by decreasing the total outstanding shares.

TVS Srichakra Limited (Eurogrip Tyres) announced the launch of five new exclusive retail outlets in Hyderabad, Telangana. This expansion is part of the brand's ongoing strategy to strengthen its retail footprint across key Indian markets. The stores will offer Eurogrip's full range of 2 & 3-wheeler tyres and comprehensive services, including professional fitment and tyre care, aiming to enhance product accessibility and customer experience in a significant market.

Wipro Limited has expanded its partnership with Palo Alto Networks to launch AI-driven Managed Detection and Response (MDR) services. This new offering integrates Palo Alto Networks’ Cortex XSIAM with Wipro’s CyberShieldSM and AI delivery platforms, providing clients with proactive cyber defense, faster threat detection, and improved security operations. The collaboration aims to strengthen security environments, optimize costs, and capitalize on the growing demand for AI-led cybersecurity solutions.

Nephrocare Health Services Limited announced that its overseas step-down wholly-owned subsidiary, Nephrocare Health Care Services, Philippines Inc., has entered into an Asset Transfer Agreement. This agreement facilitates the acquisition of identified assets relating to a dialysis center located in Ipil, Zamboanga Sibugay, Philippines. The total consideration for this acquisition is PhP 80,640,000. This move signifies the company's expansion of its healthcare services in the Philippines market.

LT Foods Limited has announced the incorporation of a new wholly-owned subsidiary, "LT FOODS AUSTRALIA PTY LIMITED", in Australia. This move signifies the company's strategic expansion into the Australian market, following a prior intimation on June 15, 2026. The establishment of this subsidiary is expected to strengthen its international presence and facilitate new business opportunities in the region.

Nucleus Software Exports Limited has appointed Bhavit Godiwala as its Chief Customer Success Officer, effective June 23, 2026. Godiwala brings nearly three decades of experience in banking technology and digital transformation from leadership roles at firms like Intellect Design Arena and Infosys Finacle. In this strategic position, he will lead the global Customer Success organization, focusing on deepening customer relationships, accelerating value realization, and strengthening delivery excellence. This appointment aims to enhance business agility for financial institutions and drive the adoption and expansion of Nucleus Software's flagship platform, FinnOne Neo®, amidst evolving digital and AI trends in the financial services industry.

Hubtown Limited has obtained requisite approvals from its equity shareholders and unsecured creditors for two Schemes of Arrangement to merge Saicharan Consultancy Private Limited (SCPL) and 25 West Realty Private Limited (25 West) into Hubtown. The SCPL merger consolidates Hubtown's ownership in its subsidiary's 'Rising City' project, increasing its revenue share by 21.17%. The 25 West merger integrates a super-luxury residential project expected to generate approximately ₹6,000 crores in revenue. These strategic initiatives aim to strengthen Hubtown's revenue base, profitability, and market position through asset consolidation, pending final NCLT and other regulatory approvals.

Ircon International Limited, in a Joint Venture (JV) with M/s Badri Rai & Company (Ircon's share 26%), has received a Letter of Award from Tripura State Electricity Corporation Limited (TSECL). The domestic works contract is valued at INR 763.10 Crores (including GST), with Ircon's share amounting to approximately INR 198.41 Crores. The project involves the design, engineering, supply, erection, testing, and commissioning of an Underground Power Cable Network and Smart Grid applications for the Agartala Municipality Area. This significant order is to be executed within 24 months, enhancing the company's order book and future revenue visibility.

Ethos Limited has announced the inauguration of its new Ethos Watch Boutique at Inorbit Malls, Vizag, Andhra Pradesh. This strategic expansion strengthens the company's luxury brand portfolio and consolidates its presence in a prominent luxury retail market. The new boutique aims to make exclusive brands more accessible to discerning customers, bringing the total number of Ethos boutiques across India to 102, in line with its strategic vision.

GTPL Hathway Limited has signed a Business Transfer Agreement to acquire the Cable Television Business of seven companies belonging to the ACT Group for a cash consideration of Rs. 36.23 crore. This strategic acquisition will add approximately 6.00 lakh cable television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, significantly expanding GTPL's market presence. The transaction is not a related party deal and requires no governmental approvals, with completion expected by September 15, 2026.

Delhivery Limited has partnered with Bajaj Auto to electrify its last-mile delivery fleet, commencing with the deployment of 200 Bajaj RIKI eCarts. This first phase will be followed by approximately 1500 electric three-wheelers by 2026-2027, extending electrification to Tier-2 and Tier-3 cities. The initiative aims to boost operational efficiency, significantly reduce operating costs, improve rider earnings and safety, and advance Delhivery's environmental goals by cutting Scope 3 emissions.

TD Power Systems Limited announced a significant upgrade in its credit ratings by CRISIL Ratings Limited for its bank facilities totaling Rs. 488 Crore. The long-term rating was revised upwards from 'CRISIL A+/Positive' to 'CRISIL AA-/Stable', and the short-term rating was upgraded from 'CRISIL A1' to 'CRISIL A1+'. This positive revision indicates improved creditworthiness and financial strength of the company.

Ola Electric Mobility Limited announced that its wholly-owned subsidiary, Ola Cell Technologies, has received BIS certification for its indigenously developed LFP 46100 cylindrical cell. This makes Ola Electric the first Indian company to achieve such certification for a 46100 format cell, significantly expanding its in-house battery portfolio beyond NMC 4680 cells. The certification, along with other international standards, validates the cell's safety and performance, strengthening India's advanced battery manufacturing capabilities and promoting energy independence through significant localization.

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.