Latest Announcements

Larsen & Toubro (L&T) has announced the incorporation of LTN Compute Private Limited (LTNCPL) as a new wholly-owned step-down subsidiary. Formed by L&T's existing subsidiary, Vyoma.AI Limited, LTNCPL has an initial subscribed capital of Rs. 1,00,000. The new entity is established to build AI compute infrastructure and deliver technology-enabled services. This strategic move indicates L&T's expansion into the artificial intelligence sector, potentially enhancing its technological capabilities and future growth prospects for investors.

Larsen & Toubro Limited (L&T) announced its schedule for an upcoming Analyst/Institutional Investor Meet. The company will participate in an in-person conference with PL Capital Defence Investor Group in Mumbai on June 25, 2026, at 11:00 A.M. (IST). During this meeting, L&T will deliver a presentation based on materials already made available on its website and the stock exchanges. This disclosure reflects L&T's ongoing commitment to investor relations and transparency, ensuring investors have access to the same information shared during such engagements.

Prism Johnson Limited announced that its cement plant in Satna, Madhya Pradesh, underwent an inspection by Goods and Services Tax (GST) officials on June 20, 2026. The inspection, conducted under Section 67(1) of the Central Goods and Services Tax Act, 2017, commenced and concluded on the same day. The company provided full cooperation to the officials during the proceedings. As of now, Prism Johnson stated there is no material impact on its financials, business operations, or other activities, and it will disclose any future material updates as required.

Knowledge Marine & Engineering Works Limited (KMEW), in consortium with its subsidiary, has secured a ₹66.11 Crore contract from the Inland Waterways Authority of India (IWAI). The order entails the design, construction, supply, testing, and commissioning of 10 hybrid electric passenger ferries, with completion expected in 10 months, followed by 60 months of maintenance. This significant contract marks KMEW's strategic entry into India's green shipbuilding segment and represents the first external commercial shipbuilding order for its subsidiary. For investors, it signifies a broadening of KMEW's business portfolio and strengthens its transition into an integrated maritime infrastructure and shipbuilding enterprise, aligning with government initiatives for sustainable water transport.

The Sandesh Limited has announced to the NSE the resignation of a Director, Key Managerial Personnel (KMP), or Senior Management Personnel (SMP). The brief announcement did not specify the individual who resigned, their specific role, or the reasons behind their departure. While personnel changes are part of routine corporate governance, the absence of further details limits investors' ability to assess any potential impact or significance of this development.

The Sandesh Limited announced a change in its Senior Management Personnel. Ms. Sripradha More, who served as Senior Manager – HR, has resigned from her position. Her resignation became effective from June 20, 2026. This is a routine personnel change within the company's senior management structure. For investors, this administrative change is unlikely to have a significant material impact on the company's operations or financial performance.

TVS Motor Company Limited has announced the results of its postal ballot conducted via e-voting. Shareholders approved a special resolution for the appointment of Mr. Ravindran Shanmugam as a Non-Executive Independent Director for a five-year term, effective May 13, 2026. The resolution passed with an overwhelming majority, demonstrating strong shareholder support. This decision reflects the company's commitment to strengthening its board and enhancing corporate governance, providing stability and independent oversight crucial for investor confidence.

Cyient Limited has issued an Addendum to its Letter of Offer concerning its share buyback program. The company plans to buy back up to 64,00,000 equity shares, representing approximately 5.76% of its capital, through a tender offer. The buyback price is fixed at INR 1,125 per share, amounting to an aggregate value of up to INR 720 Crores. This offer is available to eligible shareholders (excluding promoters) as of the record date, June 17, 2026. The Addendum primarily rectifies minor clerical errors in the original document, ensuring the core terms of the buyback remain unchanged, providing investors an opportunity for liquidity at a fixed price.

Texmaco Rail & Engineering Limited has announced the receipt of new orders from Odisha Power Transmission Corporation Limited. These orders are valued at Rs. 11.65 Crores (including taxes). The contracts involve turnkey engineering, supply, installation, testing, and commissioning works for the construction of a 2nd Circuit SC line on DC towers, to be executed within 12 months. This new order win strengthens Texmaco's project pipeline and order book, indicating future revenue potential for the company.

Krishival Foods Limited announced the outcome of a plant visit by a group of analysts and investors. The visit occurred on June 20, 2026, at its subsidiary "MELT 'N' MELLOW"'s ice cream plant located in Chhatrapati Sambhaji Nagar, Maharashtra. During the visit, the company confirmed that only publicly available information was discussed. Crucially, no Unpublished Price Sensitive Information (UPSI) was shared or deliberated. This update demonstrates the company's commitment to transparency and regulatory compliance for investors.

Utkarsh Small Finance Bank Limited has informed the NSE about the resignation of a Director, Key Managerial Personnel (KMP), or Senior Management Personnel (SMP). This announcement signifies a change in the bank's leadership or management structure. However, the specific individual who has resigned, their role, or the effective date of their resignation is not detailed in this particular disclosure. Investors should look out for subsequent announcements for full details regarding this personnel change and its potential implications for the bank's governance and future operations.

Utkarsh Small Finance Bank's Board of Directors has approved raising up to ₹500 crore through the issuance of Unsecured, Subordinated, Redeemable, Tier II bonds via private placement. This strategic move aims to bolster the bank's additional Tier II Capital. Additionally, the Board approved the appointment of Mr. Sarjukumar Pravin Simaria as an Additional Director in the category of Whole Time Director for three years, effective June 22, 2026. Mr. Simaria will relinquish his current position as Chief Financial Officer to assume this new role. These decisions signal the bank's focus on capital strengthening and a significant leadership transition.

Larsen & Toubro Limited has announced the incorporation of a new wholly owned step-down subsidiary, LTN Compute Private Limited (LTNCPL), by its subsidiary Vyoma.AI Limited on June 20, 2026. LTNCPL has an authorised and subscribed capital of Rs. 1,00,000, fully subscribed in cash by Vyoma.AI. The new entity is formed to establish AI compute infrastructure and provide technology-enabled services. This strategic move signifies L&T's expansion into the high-growth AI and technology services sector, reflecting its commitment to future-oriented business opportunities.

Utkarsh Small Finance Bank's board has approved the issuance of unsecured, subordinated, redeemable Tier II bonds aggregating up to ₹500 crore on a private placement basis. This decision aims to enhance the bank's additional Tier II capital, subject to necessary regulatory approvals. Concurrently, Mr. Sarjukumar Pravin Simaria will transition from his role as Chief Financial Officer to a Whole Time Director (Executive Director) for a three-year term, effective June 22, 2026, following RBI approval. This strategic internal re-designation ensures leadership continuity while strengthening the bank's capital structure for future growth.

Utkarsh Small Finance Bank's Board of Directors has approved the appointment of Mr. Sarjukumar Pravin Simaria as Whole-time Director (Executive Director) for a three-year term, effective June 22, 2026, with prior RBI approval. Mr. Simaria, formerly the bank's Chief Financial Officer, brings over three decades of financial sector experience to this new strategic leadership role. Concurrently, the Board sanctioned raising up to ₹500 crore through the issuance of Unsecured, Subordinated, Redeemable, Tier II bonds on a private placement basis. This capital infusion will strengthen the bank's additional Tier II capital, enhancing its financial base for future growth. Investors can view Mr. Simaria's appointment as leveraging experienced leadership, while the bond issuance signals a move to bolster capital adequacy.

Pearl Global Industries Limited announced the cessation of Ms. Neha Khanna as a Non-Executive Independent Director, effective June 20, 2026. Her departure is due to the completion of her five-year tenure, having been appointed on June 21, 2021. Consequently, she has also ceased to be a member of the Audit, Nomination and Remuneration, and Risk Management Committees. For investors, this represents a routine governance change due to the natural expiry of a director's term, with no immediate financial implications.

Aksh Optifibre Limited has announced the commencement of its Corporate Insolvency Resolution Process (CIRP) following an order from the National Company Law Tribunal (NCLT), Jaipur Bench. The CIRP officially began on June 19, 2026, with Praveen Kumar Singhal appointed as the Interim Resolution Professional. Creditors are invited to submit their claims against the company by July 03, 2026. This development signifies severe financial distress for Aksh Optifibre, indicating its inability to meet financial obligations. For investors, this typically implies a high risk of value erosion or potential complete loss of their equity investment as the company undergoes a formal resolution process.

Utkarsh Small Finance Bank's board has approved raising up to ₹500 crore through the issuance of unsecured, subordinated, redeemable Tier II bonds via private placement. This initiative aims to strengthen the bank's additional Tier II Capital, supporting its growth and regulatory requirements. Additionally, the bank announced its 10th Annual General Meeting (AGM) will be held on August 4, 2026. The board also approved the appointment of Mr. Sarjukumar Pravin Simaria, the current CFO, as a Whole Time Director for three years, effective June 22, 2026, subject to shareholder approval and prior RBI sanction. These decisions indicate a focus on capital adequacy and strengthening executive leadership with an experienced finance professional.

MCLOUD has announced that it has successfully bagged new orders/contracts. The company's announcement does not provide specific details regarding the value, number, or nature of these contracts. For investors, the receipt of new orders generally indicates potential future revenue generation and business activity, though the precise financial impact remains undisclosed without further information.

JYOTI CNC Automation Limited announced an upcoming group meeting for analysts and institutional investors. Company officials will host the session at their Rajkot plant on June 25, 2026, starting at 10:00 AM IST. The meeting aims to provide insights based on publicly available information, in compliance with SEBI regulations. It's important for investors to note that no unpublished price sensitive information will be discussed. This event offers a direct engagement opportunity for investors to understand the company better from disclosed data.