Latest Announcements

RBL Bank Limited has received new credit ratings from Crisil Ratings, including 'Crisil AAA/Stable' for Rs 1,30,000 crore Fixed Deposits and Rs 1,000 crore Infrastructure Bonds, and 'Crisil A1+' for Rs 19,000 crore Certificate of Deposits. These strong ratings are attributed to the expected robust support from majority shareholder Emirates NBD Bank (ENBD). The ratings also factor in RBL's materially strengthened capitalisation following a recent Rs 26,016 crore preferential equity infusion by ENBD, highlighting the bank's strategic importance to its parent.

Zota Health Care Limited has acquired 20,00,000 equity shares of its wholly-owned subsidiary, KMHP Ventures Limited, by subscribing to a rights issue for Rs. 2 crore. KMHP Ventures, a pharmaceutical company with NIL turnover in FY26, plans to launch a PAN India retail store chain called "Ugo Generic" for B2B and B2C sales of generic medicines. This strategic investment aims to support KMHP's expansion into the generic retail segment, onboarding ~12.5 lakh retail pharmacies.

Foseco India Limited successfully completed the sale of 99,081 equity shares, representing 1.77% of its subsidiary Foseco Crucible (India) Limited (FCIL), through an open market route for approximately INR 11.99 crore. This transaction was undertaken to enable FCIL to comply with minimum public shareholding requirements as per SEBI regulations. Post-sale, Foseco India's shareholding in FCIL has reduced to 75.00%, ensuring regulatory adherence.

Zota Health Care Limited has acquired 1,000,000 equity shares of its wholly-owned subsidiary, Curexis Ventures Private Limited, for Rs. 2 crore through a rights issue subscription. This strategic investment aims to expand Curexis's SKIA retail pharmacy stores and address its working capital needs. Curexis, engaged in drug manufacturing, development, and marketing, will continue as a wholly-owned subsidiary post-acquisition. The subsidiary reported a turnover of Rs. 1.18 lakhs in FY2025-26. The transaction was a cash consideration.

Welspun Corp Limited announced its 31st Annual General Meeting (AGM) will be held on July 17, 2026, to adopt the audited financial statements for the fiscal year ended March 31, 2026, and to consider the re-appointment of Mr. Aneesh Misra as director. The company also declared a dividend of ₹ 5/- (100%) per equity share of ₹ 5/- face value for FY 2025-26. Additionally, the remuneration of the cost auditor for FY 2026-27 will be ratified.

Avadh Sugar & Energy Limited has informed that Friday, July 17, 2026, has been fixed as the Record Date. This record date is for determining the equity shareholders eligible to receive a dividend of Rs. 10/- per equity share of Rs. 10/- each for the financial year 2025-26. The dividend payment is subject to its declaration at the forthcoming Annual General Meeting scheduled for July 28, 2026.

Honda India Power Products Limited announced that the Joint Commissioner of State Tax, Raipur, has allowed its appeal and dropped a demand for excess Input Tax Credit (ITC) of Rs. 3,32,048, along with interest of Rs. 1,75,703 and a penalty of Rs. 33,205, totaling Rs. 5,40,956, for the year 2019-20. The company stated that there is no material impact on its financial, operational, or other activities due to this order.

India Shelter Finance Corporation Limited announced its 28th Annual General Meeting (AGM) will be held on Thursday, July 16, 2026, at 11:00 A.M. IST via Video Conferencing. Concurrently, the company released its Annual Report for the financial year 2025-26, which includes the Notice of the AGM. Both documents have been dispatched to members electronically and are also available on the company's website. Significantly, the Annual Report indicates a declared dividend of ₹10 per share.

Greaves Cotton Limited announced its 107th Annual General Meeting (AGM) will be held on August 4, 2026. The company declared a record date of July 28, 2026, for determining eligible shareholders for a dividend of Rs. 2/- per equity share (face value Rs. 2/- each) for the financial year ended March 31, 2026. The dividend, if approved at the AGM, is scheduled to be paid on or before September 2, 2026.

Greaves Cotton Limited announced that its 107th Annual General Meeting will convene on August 4, 2026, via virtual means. Concurrently, the company declared a record date of July 28, 2026, for determining shareholders eligible for a dividend of Rs. 2/- per equity share. The book closure period for this purpose is scheduled from July 29 to August 4, 2026. Subject to shareholder approval at the AGM, the dividend payment is expected on or before September 2, 2026.

A promoter of Orient Press Limited, Mr. Varun Naveen Maheshwari, acquired a total of 8,338 equity shares (3,337 shares on June 16, 2026, and 5,001 shares on June 17, 2026). Following these acquisitions, his total holding in the company increased to 18,595 equity shares, representing 0.18595% of the total equity share capital. This transaction, while small in quantum, indicates the promoter's increased confidence in the company's future prospects.

Kalyani Steels Limited has announced the successful conclusion of a postal ballot, confirming shareholders' approval for the appointment of Mr. Shishir Joshipura as an Independent Director. The resolution was passed by the requisite majority through e-voting, which commenced on May 22, 2026, and concluded on June 20, 2026. This appointment, in compliance with regulatory provisions, reinforces the company's commitment to strong corporate governance practices.

Hindustan Zinc Limited has signed a Memorandum of Understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles Private Limited to explore green hydrogen and alternative clean energy solutions for its operations. This initiative aims to decarbonize mining, particularly for underground applications and heavy machinery, making HZL the first in India's mining sector to explore such solutions. The collaboration is a key step towards the company's Net Zero by 2050 goal, focusing on feasibility studies and phased deployment.

Nucleus Software Exports Limited announced the appointment of Mr. Bhavit Vijay Godiwala as its Chief Customer Success Officer, effective June 22, 2026. Mr. Godiwala brings 29 years of extensive experience in strategic technology delivery, customer success, and large-scale digital transformation, particularly in core banking and digital payments across various geographies. His background includes leadership roles at Intellect Design Arena, Tech Mahindra, and Infosys, covering P&L management and executive customer engagement. This strategic hire is expected to strengthen customer relationships and drive future growth initiatives for the company.

Birlasoft Limited announced its 35th Annual General Meeting (AGM) will be held on Monday, July 27, 2026. The Board has recommended a final dividend of Rs. 4/- per share, subject to shareholder approval at the AGM. The Record Date to determine member entitlement for this final dividend, if approved, has been set as Friday, July 10, 2026. The company also specified Monday, July 20, 2026, as the Cut-Off Date for e-voting for the AGM.

Krystal Integrated Services Limited announced the results of its Postal Ballot, where shareholders approved three special resolutions with an overwhelming majority exceeding 99% of the polled votes. The resolutions included the re-appointment of Mrs. Neeta Prasad Lad as Chairperson and Managing Director, Mr. Sanjay Suryakant Dighe as Whole-time Director & Chief Executive Officer, and Mr. Pravin Ramesh Lad as a Whole-time Director. All resolutions are deemed passed effectively on June 21, 2026, ensuring continuity of key management.

Birlasoft Limited announced its 35th Annual General Meeting (AGM) will be held virtually on July 27, 2026. The company set July 10, 2026, as the record date for the final dividend of Rs. 4 per share, which was previously recommended by the Board and is subject to shareholder approval at the AGM. The cut-off date for e-voting at the AGM is July 20, 2026.

UTI Asset Management Company Limited has published newspaper advertisements announcing its 23rd Annual General Meeting (AGM) to be held on July 21, 2026, via Video Conferencing/Other Audio Visual Means. The notice and annual report for FY 2025-26 will be distributed electronically, with remote e-voting available from July 18-20, 2026. The Board has recommended a final dividend of ₹10 per equity share for FY 2025-26, subject to member approval. The record date for both voting and dividend entitlement is July 14, 2026, with the dividend payment subject to TDS.

Bharat Electronics Limited (BEL), a Navratna Defence PSU, announced it has secured additional orders worth Rs. 1081 Crore since its last disclosure on May 25, 2026. These significant new contracts include a diverse range of defense equipment and services such as communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares, and various related services. This substantial order win is expected to positively contribute to the company's revenue and strengthen its order book.

Info Edge (India) Limited provided an update to shareholders on its strategic investments in AI, Deeptech, and Consumer Technology startups. The company has invested INR 1,003 Cr in 54 AI and Deeptech startups since 2020, with the AI portfolio now valued at INR 1,268 Cr (2.1x multiple, ~31% gross IRR) and Deeptech at INR 559 Cr (1.2x multiple, ~15% gross IRR). The Consumer Tech portfolio, with INR 2,755 Cr invested in 45 startups, is valued at a substantial INR 37,214 Cr (13.5x multiple, ~34% gross IRR). Overall, Info Edge's INR 4,900 Cr investment across 135 startups is now valued at approximately INR 41,300 Cr, implying an 8.4x multiple and ~33% gross IRR.