Latest Announcements

Muthoot Capital Services Limited's Debenture Issue and Allotment Committee approved the issuance of Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) up to ₹150 Crores. The NCDs will be issued on a private placement basis with a tenure of 24 months, a coupon rate of 9.25% per annum (quarterly payments), and will be listed on BSE. The proceeds will support the company's operational growth.

JSW Infrastructure Limited has announced a Qualified Institutions Placement (QIP) for a fresh issue of up to 23 crore equity shares. Concurrently, the Sajjan Jindal Family Trust, as the promoter selling shareholder, will undertake an Offer for Sale (OFS) of up to 3.32 crore equity shares. The OFS is specifically intended to facilitate compliance with the Minimum Public Shareholding (MPS) requirements applicable to the company. This strategic move aims to both raise growth capital and improve the company's public float.

Dhruv Consultancy Services Limited has incorporated VERUL DRIVEHUB PRIVATE LIMITED as a 55% owned subsidiary. This new entity will undertake the development, operation, and maintenance of Wayside Amenities on seven National Highway sections in Maharashtra on a Built, Operate, and Transport (BOT) basis for a 15-year lease. This initiative stems from a previously announced Letter of Award from NHLML and aligns with Dhruv Consultancy's strategy to expand and diversify its infrastructure business portfolio.

RPG Life Sciences Limited announced that its Board of Directors recommended a final dividend of Rs. 24/- (300%) per equity share for the financial year ended March 31, 2026. This dividend is subject to approval by shareholders at the Nineteenth Annual General Meeting scheduled for July 23, 2026. The company has fixed Thursday, July 9, 2026, as the Record Date to determine the eligibility of members for this dividend, which, if approved, will be paid within 30 days of the AGM.

Arvind Limited's shareholders have approved a Special Resolution to amend the Object Clause of the company's Memorandum of Association (MOA). This amendment significantly expands the company's stated business scope to include a comprehensive range of services, such as business transformation, back-office operations, IT, digital transformation, data analytics, business process management, supply chain, HR, and finance-related support services, both domestically and internationally. This strategic move enables the company to formally pursue new avenues for business expansion.

Venus Pipes & Tubes Limited announced strong audited financial results for the quarter and year ended March 31, 2026. For FY26, revenue from operations grew to Rs. 11,668.48 million from Rs. 9,585.26 million in FY25, and net profit after tax increased to Rs. 1,019.62 million from Rs. 928.89 million. The statutory auditors provided an unmodified opinion on the results. Additionally, the Board recommended a final dividend of Rs. 0.50 per equity share for FY26 and re-appointed the internal and cost auditors for FY27.

Nephrocare Health Services' board approved the Employee Stock Option Scheme 2026, enabling the grant of up to 2,006,814 options, representing approximately 2% of its paid-up equity share capital, subject to shareholder and regulatory approvals. Concurrently, the company approved providing collateral/security support of up to INR 70 Crore to its overseas step-down wholly-owned subsidiary in Saudi Arabia. This support aims to enable the subsidiary to avail credit facilities, reflecting a revised funding and operating structure for its Saudi operations and facilitating international growth.

Innovana Thinklabs Limited has announced the successful conclusion of its postal ballot, with the voting results submitted to the exchanges. The key resolution considered was the re-appointment of Mrs. Riya Sharma as an Independent Director for a second term of five consecutive years. This special resolution was duly passed by the members of the company with an overwhelming majority of 99.9768% of total votes polled, demonstrating strong shareholder confidence in her continued role on the board.

Hind Rectifiers Limited has disclosed the sale of a part of its non-operational Dehradun plant for a consideration of Rs. 5 Crore. The plant had been non-operational since 2023 due to product obsolescence, with no machinery or plans for restart. The Board had approved the sale negotiations, and the company executed a sale deed on June 22, 2026. The buyer is not related to the promoter or promoter group, and the transaction is not a related party transaction.

Pace Digitek Limited has released an investor presentation highlighting its robust growth journey in telecom and energy infrastructure. Key points include a significant order book of Rs. 11,338 Cr as of May 25, 2026, and the commission of a large-scale Battery Energy Storage System (BESS) manufacturing facility at Bidadi, Karnataka. The company plans to expand its BESS manufacturing capacity from 2.5 GWh to 10 GWh and successfully raised Rs. 819.15 crore through a fresh issue of shares in 2023, reinforcing its scalable platform strategy.

Syrma SGS Technology Limited has partnered with Kaga Electronics India Private Limited to form a Joint Venture Company (JVCo) in India. The JVCo will establish and operate a state-of-the-art EMS manufacturing facility, specifically targeting Japanese clients. Syrma will hold a 60% stake, investing approximately INR 15 Crores, while Kaga will hold 40%. This strategic alliance aims to expand Syrma's manufacturing capabilities and market reach within the electronics sector.

Ind-Swift Laboratories Limited announced the re-appointment of Mr. Rajinder Kumar Gupta as a Non-Executive Independent Director for a second five-year term, effective June 23, 2026, subject to shareholder approval. Mr. Gupta, a retired Additional Commissioner of Income Tax and an advocate, brings extensive experience in tax, regulatory compliance, and legal matters. The Board also reconstituted key committees, including Audit, Stakeholders Relationship, and Risk Management, where Mr. Gupta has been assigned roles, leveraging his expertise for enhanced corporate governance.

Choice International Limited has appointed Dr. Nitin Kareer, a former Chief Secretary to the Government of Maharashtra and a retired 1988 batch IAS officer, to its Advisory Board. Dr. Kareer brings over three decades of distinguished leadership experience in public finance, taxation policy, urban development, and state governance, including expertise in institutional reforms and digital transformation. His appointment is expected to strengthen regulatory compliance, improve policy oversight, and enhance long-term strategic decision-making for the company.

Birla Corporation Limited has announced the commencement of commercial production at its Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh, effective from June 22, 2026. This follows an earlier intimation regarding the start of coal mining operations. The new mine is expected to contribute to the company's operational capabilities.

S&P Global Ratings has assigned a 'BBB' long-term issue rating to the proposed U.S. dollar-denominated senior unsecured notes that Bank of Baroda's GIFT City branch plans to issue. These notes will be drawn from the bank's US$4 billion medium-term note program. The rating for the proposed notes is equalized with Bank of Baroda's existing 'BBB/Stable/A-2' issuer credit rating, reflecting expectations that they will rank equally with all other senior unsecured obligations.

Arvind SmartSpaces Limited has announced the appointment of Mr. Ravi Vadhavkar as Chief Business Officer-South, effective June 22, 2026. Mr. Vadhavkar is a highly experienced real estate leader with over 23 years of diverse experience across real estate development, P&L management, and business development. He has held senior leadership positions at renowned organizations including CapitaLand, Godrej Properties, and Puravankara. This strategic appointment is expected to strengthen the company's leadership and drive growth in the Southern region.

Dynamic Cables Limited has submitted its Annual Report for the financial year 2025-26 and announced its 19th Annual General Meeting (AGM) will be held on July 21, 2026, through Video-Conferencing. The Annual Report's theme, 'Future of Energy - Bigger & Smarter,' emphasizes the company's strategic focus on scaling manufacturing capacity, including progress on a greenfield facility at Reengus, and adopting advanced technologies. This signals significant expansion plans to cater to India's energy sector transformation.

Diffusion Engineers Limited has received a domestic order worth approximately INR 7.49 Crores (inclusive of all duties and taxes). The order is for the supply of Flux Cored Wire to the Defence industry. The company is expected to complete the supplies by June 2028, contributing positively to its revenue pipeline and market presence in the defence sector.

Keynote Financial Services Limited's Board approved its audited standalone and consolidated financial results for Q4 and Financial Year ended March 31, 2026, which included an unmodified auditor's opinion. The board also recommended a dividend of ₹1 per equity share for FY2026, pending shareholder approval. Additionally, the re-appointment of Mrs. Rinku Suchanti as an Executive Director for three years and the appointment of M/s. V K Beswal & Associates as new Statutory Auditors for a five-year term were approved, both subject to shareholder consent.

Softtech Engineers Limited released its investor presentation for FY2025-26, showcasing significant growth and innovation. The company achieved a 37.4% YoY revenue growth, reaching ₹128.30 Cr, and a 36.9% YoY EBITDA growth to ₹34.39 Cr, with margins held above 27%. PAT for FY26 stood at ₹9.58 Cr (standalone) and ₹5.33 Cr (consolidated), indicating a strong recovery from the previous year. The presentation highlighted a robust order book of ₹231.99 Cr and a substantial pipeline of ₹436.23 Cr, reinforcing a positive outlook for future growth.