Latest Announcements

BASF India Limited held a court-convened shareholders meeting on June 24, 2026, to consider and approve the demerger of its agricultural solutions business into a separate listed legal entity. The demerger was cleared by SEBI and stock exchanges on February 2, 2026, and the National Company Law Tribunal passed orders on April 8, 2026, to convene the shareholders meeting via audio-visual means. The shareholders meeting approved the demerger, and the listing of BASF Agricultural Solutions India Limited (BASIL) shares is expected to take place on BSE and NSE.

Bharat Forge Limited has informed the Exchange about the completion of its acquisition of 90% stake in RS Aerostructures Limited by its wholly owned subsidiary BF Industrial Solutions Limited.

N. B. I. Industrial Finance Company Limited has submitted the Exchange a copy of Scrutinizers report of Postal Ballot Notice dated 22-05-2026, stating that the resolution to approve the alteration in the Memorandum of Association of the Company has been passed as a Special Resolution.

HCL Technologies Limited has partnered with Nokia to accelerate the adoption of autonomous networks through AI-driven network automation and co-innovation of network automation RAN applications (rApps). The partnership will enable communication service providers to transition toward AI-native, self-optimizing network operations.

Aster DM Healthcare Limited has informed the Exchange about receipt of certified true copy of the order of NCLT sanctioning Scheme of Amalgamation between Quality Care India Limited and Aster DM Healthcare Limited.

Vedanta Limited has informed the Exchange about the incorporation of a wholly owned subsidiary, Vedanta Property Platforms Limited, which will serve as a strategic platform for undertaking real estate business and ancillary activities.

Engineers India Limited (EIL) has informed the Exchange regarding a press release dated Jun 24, 2026, titled "Press Release - HCL and EIL Sign Memorandum of Agreement". EIL has signed a Memorandum of Agreement (MoA) with Hindustan Copper Limited (HCL) for consultancy, engineering, project management, safety and integrity studies, sustainability, and advanced technical solutions focused on copper, critical minerals, and rare earth elements.

Info Edge (India) Limited has informed the Exchange about its decision to invest Rs. 40 Crores in its wholly-owned subsidiary, Startup Investments (Holding) Limited, to explore investment opportunities and contribute to Alternative Investment Funds (AIFs).

Rashi Peripherals Limited announced its strategic acquisition of an upfront 67% stake in VDA Infosolutions Pvt. Ltd. for a cash consideration of INR 3.68 billion, valuing VDA at INR 5.5 billion equity. VDA, with FY26 revenue of approximately INR 8.5 billion, specializes in enterprise technology and digital infrastructure solutions, including cloud, cybersecurity, and data protection. This move enables Rashi Peripherals to expand its value chain from ICT distribution into fast-growing enterprise IT solutions and services, capitalizing on accelerating demand in areas like cloud infrastructure, AI, and cybersecurity.

Rashi Peripherals Limited announced its strategic acquisition of a 67% stake in VDA Infosolutions Private Limited for INR 3.68 billion, valuing VDA at INR 5.5 billion. VDA, with FY26 revenue of approximately INR 8.5 billion, specializes in enterprise technology and digital infrastructure solutions, including cloud, cybersecurity, and data protection. This acquisition transforms Rashi Peripherals from an ICT distributor into an integrated technology solutions and services provider, targeting high-growth segments like enterprise cloud and AI-enabled IT. The remaining 33% stake will be acquired over three years, positioning the company for accelerated growth in the digital infrastructure space.

Indo Thai Securities Limited has notified exchanges about dispatching letters to its unsecured creditors whose email addresses were not registered. These letters provide a weblink to the Notice of Meeting for unsecured creditors, convened as per National Company Law Tribunal (NCLT) directions. The meeting, scheduled for July 24, 2026, aims to consider and approve a proposed Scheme of Arrangement between Indo Thai Securities Limited and Indo Thai Financial Services Limited, along with their respective shareholders, under Sections 230-232 of the Companies Act, 2013.

Indo Thai Securities Limited (ITSL) has informed the exchanges about a forthcoming meeting of its Equity Shareholders on July 24, 2026, convened as per the directions of the National Company Law Tribunal, Indore Bench. The meeting aims to consider and approve a proposed Scheme of Arrangement between ITSL and Indo Thai Financial Services Limited. The company has sent letters with a web-link to the meeting notice to shareholders whose email addresses are not registered, ensuring broad communication for this significant corporate restructuring event.

Rashi Peripherals Limited announced the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crores. VDA, established in 2010, operates in the enterprise technology and digital solutions space with a turnover of INR 850 Crores as of March 2026. This acquisition is a strategic move for forward integration, complementing Rashi Peripherals' core IT products distribution business by expanding into high-growth areas like cloud, cybersecurity, and data protection. The Board also recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second term.

Rashi Peripherals Limited has approved the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crores. VDA, an IT solutions and services company, specializes in enterprise technology and digital solutions like cloud, cybersecurity, and data protection. This strategic acquisition aims to complement Rashi's core IT products distribution business and facilitate forward integration into the enterprise technology sector. The company also recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second five-year term, subject to shareholder approval.

Le Merite Exports Limited's Board approved the acquisition of an additional 14.5% equity stake in its existing subsidiary, Le Merite Tactical & Defence Solutions Private Limited (LMTDSPL), for a consideration not exceeding Rs. 1,45,000. LMTDSPL, incorporated in June 2025, operates in the technical and defence textiles sector. This move will increase Le Merite Exports' total stake in LMTDSPL, consolidating its control over the nascent subsidiary. The transaction, involving a promoter of LMTDSPL, is deemed an arm's length transaction.

Kitex Garments Limited has informed about the publication of newspaper notices for convening meetings of its equity shareholders and unsecured creditors. These meetings are mandated by an order from the Hon'ble National Company Law Tribunal, Kochi Bench, and relate to a Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited, along with their respective shareholders and creditors, under Sections 230 to 232 of the Companies Act, 2013. This signifies a procedural step in a broader corporate restructuring process.

Wipro Limited has informed the exchanges about a delay in the completion of its previously announced acquisition of select customer contracts from Alpha Net Consulting LLC and its subsidiaries. The transaction, initially expected to conclude by June 30, 2026, is now anticipated to be finalized latest by September 30, 2026, extending the timeline by three months.

Honasa Consumer Limited (HCL) has announced the acquisition of a 58% majority stake in Fluence Pharma, a science-backed nutraceuticals company specializing in patented Cyclical Nutrition Therapy. This strategic move marks HCL's entry into the high-growth nutraceuticals market, particularly focusing on "inside-out" beauty solutions. HCL will establish a new subsidiary, Honasa Health Private Limited, to scale Fluence's B2C nutrition portfolio. Fluence Pharma reported approximately INR 40 Crore revenue with over 20% EBITDA margin in FY26.

Honasa Consumer Limited has approved the acquisition of a majority 58% equity stake in Fluence Pharma Private Limited for approximately ₹135 Crores enterprise value. Fluence Pharma offers condition-specific OTC supplements under brands like "Hair Fact" and "Skin Fact." This strategic move marks Honasa's entry into the rapidly growing nutraceuticals market, which is valued at over ₹16,000 Crores. The company also announced the incorporation of a wholly-owned subsidiary, Honasa Health Private Limited, to manage its B2C nutraceuticals business. The remaining 42% stake in Fluence Pharma will be acquired in two tranches over the next 5-7 years.

Concord Enviro Systems Limited announced the publication of a newspaper notice regarding the hearing of a petition for a Scheme of Arrangement between the Company and its Shareholders. The petition, filed under Sections 230, 52, and 66 of the Companies Act, 2013, has been admitted by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. The hearing for the sanction of this scheme is scheduled for July 23, 2026. This announcement represents a procedural step in the company's corporate restructuring process, progressing towards NCLT approval.