Latest Announcements

Oswal Greentech Limited's board has approved the incorporation of a 95%-owned subsidiary in Dubai, UAE, for real estate development and property development, signaling an international expansion strategy. The company plans an initial investment of AED 40 million in this new venture. Concurrently, M/s Siddharth S. Kothari & Co. has resigned as the internal auditor of the company, citing personal reasons.

Hero MotoCorp's Hero MotoSports Team Rally celebrated its 10th anniversary, marking a decade of global rally racing. The company announced the renewal of its partnership with Amaury Sport Organization (ASO), organizers of the Dakar Rally, for another five years. Additionally, Hero MotoCorp launched the 'India's Next Dakar Hero' program to identify and develop emerging Indian rally-raid talent, and inducted 18-year-old Shlok Ghorpade into its motorsports team. These initiatives reinforce Hero's long-term commitment to global rally racing and fostering domestic talent.

Lupin Limited has announced the grant of 1,567,591 stock options to its employees and subsidiaries under the Lupin Employees Stock Option Scheme 2025. Each option provides the right to subscribe to one equity share at an exercise price of ₹2.00. These options will vest over a three-year period, commencing one year after the effective grant date of July 01, 2026, subject to specific performance conditions. This initiative aims to incentivize and retain key talent within the organization.

Vodafone Idea Limited has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and a member of the Promoter Group, on a preferential basis. An upfront payment of Rs. 1,182.50 Crore, representing 25% of the issue price of Rs. 11 per warrant, has been received. Each warrant is convertible into one equity share within 18 months upon payment of the remaining 75% of the issue price, providing immediate capital and potential further equity infusion to the company.

Network People Services Technologies Limited (NPST) has scheduled a virtual group meeting with analysts and institutional investors on June 29, 2026, at 4:00 P.M. IST. Organized by Valorem Advisors, the meeting will feature company management discussing business operations, industry outlook, strategic initiatives, and future growth prospects. This interaction is intended to provide insights into NPST's performance and vision.

Network People Services Technologies Limited (NPST) has secured a significant order from a Maharatna Public Sector Undertaking. The order involves the development and implementation of a UPI Third-Party Application Provider (TPAP) application, with NPST acting as the Technology Service Provider (TSP). This solution will be deployed on a Software-as-a-Service (SaaS) model, ensuring a recurring revenue stream for the company over the contract period, received in its normal course of business.

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.