Latest Announcements

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.

KDDL Limited has informed the exchanges about the resignation of Mr. Hanspeter Pieth from his position as Non-Executive Director of the company. His resignation is effective from the close of business hours on June 22, 2026. The company stated that Mr. Pieth tendered his resignation due to 'time constraints'. This announcement was made in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations.

Power Finance Corporation Limited's wholly-owned subsidiary, Bihar Infrapower Limited (BIPL), has been struck off and dissolved by the Registrar of Companies under Section 248 of the Companies Act 2013. BIPL was incorporated in 2015 as a Special Purpose Vehicle for the Bihar UMPP project, which was subsequently shelved by the Ministry of Power. The Ministry of Power approved the company's closure in 2015. Necessary filings with the Ministry of Corporate Affairs led to its eventual dissolution. This administrative action formalizes the clean-up of a defunct entity.

Ind-Swift Laboratories Limited announced the amendment of its 'Code of Fair Disclosure, Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and Immediate Relatives of Designated Persons, and Legitimate Purpose Policy'. This update, approved by the Board of Directors on June 22, 2026, aligns the company's internal policy with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The amended code, a 31-page document, has been hosted on the company's website.

Osia Hyper Retail Limited has informed the stock exchanges about the initiation of a Corporate Insolvency Resolution Process (CIRP). This signifies that the company is undergoing formal proceedings under the Insolvency and Bankruptcy Code due to severe financial distress. This development typically indicates a breakdown in operations and significant uncertainty regarding the company's future viability, posing a substantial risk to all stakeholders, especially equity shareholders.

Mangalam Worldwide Limited has announced that Friday, July 10, 2026, will be the record date for the sub-division/split of its equity shares. Each existing equity share with a face value of Rs. 10 will be split into 10 equity shares, each with a face value of Re. 1. This corporate action was previously approved by shareholders through a postal ballot on June 20, 2026.

Cyient Limited has announced the publication of newspaper advertisements pertaining to an Addendum to the Letter of Offer for its ongoing share buyback. These advertisements were published on June 22, 2026, in various editions of Business Standard and Nava Telangana. This communication is a routine compliance step to inform the public and shareholders about the addendum related to the buyback offer.

GMR Estate Management Private Limited acquired 7,45,56,604 equity shares of GMR Power and Urban Infra Limited from GMR Enterprises Private Limited on June 16, 2026, at INR 107.48 per share. This inter-se transfer, constituting approximately 9.55% of the total share capital, is part of an internal restructuring and is exempt from an open offer under Regulation 10(1)(a)(iii) of SEBI (SAST) Regulations, 2011. Post-transaction, GMR Estate Management's stake increased to 24.91%, while GMR Enterprises' stake decreased to 10.18%.

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.

Wheels India Limited has filed a routine compliance update regarding the publication of newspaper advertisements in "Financial Express" (English) and "Hindu Tamil" (Tamil) on June 22, 2026. This publication is in accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website.

Kotak Mahindra Bank Limited has announced the allotment of 200,183 equity shares to employees on June 22, 2026, following the exercise of Employee Stock Options. These shares were issued under the Kotak Mahindra Equity Option Scheme 2015 and Kotak Mahindra Equity Option Scheme 2023. This is a routine operational event related to employee compensation.

Dalmia Bharat Limited announced its management will participate in investor meetings organized by DAM Capital Group on June 25, 2026, in Mumbai. These will be physical, one-on-one sessions. The company clarified that no Unpublished Price Sensitive Information (UPSI) will be shared during these meetings, indicating a routine engagement with the investor community.

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.

Landmark Cars Limited announced that its officials will be meeting with institutional investors and analysts in Mumbai on June 25, 2026. The discussions during these one-on-one or group meetings will be based solely on publicly available information, and no unpublished price sensitive information is intended to be shared. The company also noted that the schedule is subject to changes due to exigencies.

Ind-Swift Laboratories Limited has informed the Exchange about the resignation of a Director/Key Managerial Personnel (KMP)/Senior Management Personnel (SMP). This announcement is a routine disclosure regarding a change in the company's management structure.

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.

Tamilnad Mercantile Bank Limited has announced the closure of its trading window for designated persons and their relatives. This closure, effective from July 1, 2026, is a routine compliance measure under SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will reopen 48 hours after the unaudited financial results for the quarter ending June 30, 2026, are declared, with the board meeting date to be intimated later.

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.

Oswal Agro Mills Limited announced the resignation of its Chief Financial Officer (CFO), Mr. Hemant Patni, and its Internal Auditor, M/s Siddharth S. Kothari & Co., both effective June 22, 2026. Both resignations were attributed to personal reasons and family commitments, with the company confirming no other material reasons. The Board of Directors has acknowledged these changes and will proceed with the necessary formalities for their replacements.