Latest Announcements

Redington Limited announced the appointment of Mr. Ajay Rotti as an Additional Director (Non-Executive Independent Director) for a five-year term, effective from June 22, 2026, to June 21, 2031, subject to shareholder approval. Mr. Rotti, founder of Tax Compaas, brings over 23 years of extensive experience in tax and regulatory matters, having previously held senior roles at Dhruva Advisors, KPMG, BMR Advisors, and Ernst & Young. His expertise spans international tax, transfer pricing, and corporate tax.

Restaurant Brands Asia Limited has completed the subscription of 35,000 redeemable cumulative non-convertible preference shares in its Indonesian subsidiary, PT Sari Burger Indonesia. This investment totals IDR 35 billion (approximately INR equivalent) and follows a prior intimation on April 24, 2026. This capital infusion is intended to support the operational and growth initiatives of the Indonesian subsidiary.

Knowledge Marine & Engineering Works Limited has scheduled a Board Meeting on June 26, 2026, to consider and approve a significant fund-raising proposal. The agenda includes the issuance of equity shares and/or other convertible securities via private placement, preferential allotment, or Qualified Institutional Placement (QIP), subject to shareholder and regulatory approvals. The Board will also consider calling an Extra-Ordinary General Meeting for shareholder consent. A trading window closure for insiders is in effect until 48 hours after the Board Meeting.

Saksoft Limited has announced the appointment of Mr. Deepankur Kukreja as the Chief Growth Officer, United Kingdom, for its subsidiary Acuma Solutions Limited (UK), effective June 23, 2026. Mr. Kukreja is a seasoned customer success leader with a strong background in driving customer retention, expansion, and business growth across Europe, managing a £25M+ annual portfolio. His experience includes leading GenAI-focused initiatives, creating significant new business, and developing strategic partnerships, signaling a strong focus on enhancing the company's market presence and innovation in the UK.

Likhitha Infrastructure Limited announced a preferential issue of up to 2.5 million fully convertible warrants at ₹240 each, aiming to raise ₹60 crores, subject to shareholder and regulatory approvals. These warrants will convert into one equity share each. Concurrently, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram were appointed as Additional Directors, designated as Executive Directors, effective June 22, 2026. The fundraise includes participation from promoter and non-promoter investors, injecting significant capital into the company.

Likhitha Infrastructure Limited's Board has approved a proposal to raise ₹60 crore through a preferential issue of up to 2.5 million fully convertible warrants at an issue price of ₹240 each, subject to shareholder and regulatory approvals. The company also announced the appointment of Mrs. Lohitha Gaddipati (DIN: 11108258) and Mr. Chandra Dheerajram (DIN: 11108257) as Additional Directors, designated as Executive Directors, effective June 22, 2026. The fundraise, involving promoters and other investors, is intended to support the company's growth initiatives.

Likhitha Infrastructure Limited's Board has approved a preferential issue of up to 25,00,000 fully convertible warrants at ₹240 each, aiming to raise ₹60 crore. The funds will be raised through private placement, subject to shareholder approval, with allottees including promoter group and non-promoter investors. This capital infusion is intended to support the company's growth objectives. Additionally, the company announced the appointment of Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Executive Directors, effective June 22, 2026.

Muthoot Capital Services Limited has successfully approved and allotted Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crores through a private placement. These NCDs have a 24-month tenure with a 9.25% annual coupon paid quarterly. The debentures are secured on a pari passu basis with existing creditors, ensuring an asset coverage ratio of 1.1 times. This fundraise provides essential capital for the company's lending operations and business growth.

Transrail Lighting Limited announced two key decisions: the acquisition of 100% equity in Gactel Turnkey Projects Limited and the resignation of Deputy Managing Director Mr. Raman Rajagopalan. The acquisition of Gactel, a company with a FY26 turnover of ₹0.58 Crore in industrial cooling solutions, is a strategic cash investment aimed at bolstering Transrail's engineering and EPC capabilities in cooling towers. While a related party transaction, it's stated to be at arm's length. Mr. Rajagopalan's resignation, effective July 31, 2026, is due to personal commitments. The acquisition signals future growth in a niche segment.

Mahindra Lifespace Developers Limited has informed shareholders about the Tax Deduction at Source (TDS) / withholding tax provisions for the recommended dividend of Rs. 3.50 per equity share for the Financial Year ended March 31, 2026. This dividend is subject to approval at the 27th Annual General Meeting on July 23, 2026, with payment expected after this date. The company's communication details the applicable TDS rates and required documentation for both resident and non-resident shareholders to ensure proper tax compliance.

Likhitha Infrastructure Limited's Board has approved raising ₹60 crore through the issuance of up to 25 lakh convertible warrants on a preferential basis at an issue price of ₹240 per warrant, exceeding the price determined by SEBI regulations. These warrants will be allotted to two promoters and nineteen non-promoters. Additionally, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram have been appointed as Additional Directors, designated as Executive Directors, effective June 22, 2026.

JSW Infrastructure Limited has initiated a Qualified Institutions Placement (QIP) today, June 22, 2026, comprising a fresh issue of equity shares by the company and an Offer for Sale by the promoter, Sajjan Jindal Family Trust. The Finance Committee has approved the opening of the offer, set the floor price at ₹290.35 per equity share, and adopted the preliminary placement document. The company and promoter may offer a discount of up to 5% on the floor price, with the final offer price to be determined in consultation with book running lead managers.

IIFL Finance Limited's promoters, Nirmal Bhanwarlal Jain and R Venkataraman, have submitted a disclosure under SEBI Takeover Regulations 31(4). They confirmed that the Promoters/Promoter Group Members along with Persons Acting in Concert have not created any new encumbrances (pledges) on their shareholding in the company during the financial year ended March 31, 2026. The total shares held by the promoter group and PACs is 10,56,74,667.

Transrail Lighting Limited is set to acquire a 100% equity stake in Gactel Turnkey Projects Limited, an Industrial Cooling Solutions provider, from Ajanma Holdings Private Limited. This strategic acquisition, despite Gactel's FY26 turnover of ₹0.58 Crore, aims to strengthen Transrail's engineering and EPC capabilities in cooling towers and industrial chimneys and support future growth. The transaction is a related party deal but is stated to be at arm's length. Additionally, Mr. Raman Rajagopalan has resigned as Deputy Managing Director for personal reasons, effective July 31, 2026.

Prabha Energy Limited's promoter group, led by Paras Shantilal Savla, has disclosed their collective shareholding of 80.23% as of March 31, 2026. In compliance with SEBI Takeover Regulations 31(4), the promoters have declared that they have not made any encumbrance, directly or indirectly, on their shareholdings in the company during the financial year ended March 31, 2026. This confirms the absence of promoter share pledges.

PNC Infratech Limited's promoter and promoter group, led by Chakresh Kumar Jain, disclosed under SEBI Takeover Regulations 31(4) that they have not encumbered (pledged) any of their shares. This declaration confirms that the promoters did not create any direct or indirect pledges on their aggregate holding of 143,841,000 equity shares (56.07%) during the financial year ended March 31, 2026. Such a disclosure typically reassures investors about the financial stability of the promoter group and the company.

HEG Limited has announced the details for its 54th Annual General Meeting (AGM), scheduled for July 29, 2026, to be held virtually. The company has fixed July 22, 2026, as the record date to determine the eligibility of members for the final dividend for FY 2025-26, if declared at the AGM. This date also serves as the cut-off for e-voting. The Register of Members will be closed from July 23 to July 29, 2026. The dividend, once approved, will be disbursed within 30 days from the AGM date.

JSW Infrastructure Limited's Finance Committee approved the opening of its Qualified Institutional Placement (QIP) on June 22, 2026. The QIP, which includes a fresh issue of equity shares by the company and an offer for sale by the promoter (Sajjan Jindal Family Trust), has a floor price of ₹290.35 per share. The committee also adopted the preliminary placement document, signaling the formal launch of the capital raising initiative aimed at institutional investors.

Deepta Rangarajan, a promoter of IRIS RegTech Solutions Limited, holding 28.77% of the company's voting rights, has submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms that she has not directly or indirectly created any encumbrance (pledge) on her equity shares in the company during the financial year ended 2025-26. This indicates stability in the promoter's shareholding.

Electronics Mart India Limited has announced the commencement of commercial operations for a new Multi-Brand Store under its 'BAJAJ ELECTRONICS' brand. The new store, spanning 7,680 square feet, opened on June 22nd, 2026, in Kagaz Nagar, Asifabad District, Telangana. This expansion signifies the company's continued growth strategy in the retail electronics sector.