Latest Announcements

Ircon International Limited, in a Joint Venture (JV) with M/s Badri Rai & Company (Ircon's share 26%), has received a Letter of Award from Tripura State Electricity Corporation Limited (TSECL). The domestic works contract is valued at INR 763.10 Crores (including GST), with Ircon's share amounting to approximately INR 198.41 Crores. The project involves the design, engineering, supply, erection, testing, and commissioning of an Underground Power Cable Network and Smart Grid applications for the Agartala Municipality Area. This significant order is to be executed within 24 months, enhancing the company's order book and future revenue visibility.

Ethos Limited has announced the inauguration of its new Ethos Watch Boutique at Inorbit Malls, Vizag, Andhra Pradesh. This strategic expansion strengthens the company's luxury brand portfolio and consolidates its presence in a prominent luxury retail market. The new boutique aims to make exclusive brands more accessible to discerning customers, bringing the total number of Ethos boutiques across India to 102, in line with its strategic vision.

Xpro India Ltd announced the submission of its Annual Report for the financial year ended March 31, 2026, along with the Notice for its 29th Annual General Meeting (AGM) scheduled for July 20, 2026. The company has declared a dividend of INR 2.00 per ordinary share for FY26. The AGM agenda also includes the adoption of financial statements, re-appointment of directors, and ratification of the cost auditor's remuneration.

GTPL Hathway Limited has signed a Business Transfer Agreement to acquire the Cable Television Business of seven companies belonging to the ACT Group for a cash consideration of Rs. 36.23 crore. This strategic acquisition will add approximately 6.00 lakh cable television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, significantly expanding GTPL's market presence. The transaction is not a related party deal and requires no governmental approvals, with completion expected by September 15, 2026.

Yash Highvoltage Ltd has announced an Extra-Ordinary General Meeting (EOGM) scheduled for July 15, 2026. The primary agenda for this EOGM is to seek shareholder approval for a preferential issue of equity shares and warrants. The company proposes to offer and issue up to 1,262,131 equity shares of ₹5 each and 832,177 equity warrants on a preferential basis to certain non-promoter persons, aimed at strengthening its capital base.

Maximus International Ltd announced its Board approved acquiring a 40% equity stake in Quebec Petroleum Resources Limited for Rs. 18.43 crore in cash. Quebec is a Vadodara-based manufacturer and distributor of lubricants and petroleum products, reporting Rs. 184.73 crore turnover in FY25. This strategic acquisition marks Maximus International's entry into India's domestic lubricant market, providing an established manufacturing base, diversified product portfolio, and distribution network to complement its existing Middle East and Africa export operations, aiming for long-term value creation.

Mr. Gulshankumar Vijaykumar Chopra has made an open offer to acquire up to 1,55,20,529 equity shares (26.00% of the voting share capital) of Niraj Cement Structurals Ltd at a price of Rs. 29 per share. This Detailed Public Statement complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The target company has shown consistent growth in total revenue and net income over the past three fiscal years, up to March 2026. This event indicates a potential strategic consolidation of ownership.

Delhivery has partnered with Bajaj Auto to electrify its last-mile delivery network, initially deploying 200 Bajaj RIKI eCarts and planning for a total of 1500 electric three-wheelers by 2027. This initiative aims to extend electrification to Tier-2 and Tier-3 cities, significantly reduce operating costs, boost rider earnings and safety through efficient operations, and advance Delhivery's environmental goals by reducing Scope 3 greenhouse gas emissions.

TD Power Systems Ltd. announced that CRISIL Ratings has upgraded its credit ratings for bank facilities totaling Rs. 488 Crore. The Long Term Rating has been revised upwards from 'Crisil A+/Positive' to 'Crisil AA-/Stable', while the Short Term Rating improved from 'Crisil A1' to 'Crisil A1+'. This upgrade signifies an enhancement in the company's overall creditworthiness and financial health.

Delhivery Limited has partnered with Bajaj Auto to electrify its last-mile delivery fleet, commencing with the deployment of 200 Bajaj RIKI eCarts. This first phase will be followed by approximately 1500 electric three-wheelers by 2026-2027, extending electrification to Tier-2 and Tier-3 cities. The initiative aims to boost operational efficiency, significantly reduce operating costs, improve rider earnings and safety, and advance Delhivery's environmental goals by cutting Scope 3 emissions.

TD Power Systems Limited announced a significant upgrade in its credit ratings by CRISIL Ratings Limited for its bank facilities totaling Rs. 488 Crore. The long-term rating was revised upwards from 'CRISIL A+/Positive' to 'CRISIL AA-/Stable', and the short-term rating was upgraded from 'CRISIL A1' to 'CRISIL A1+'. This positive revision indicates improved creditworthiness and financial strength of the company.

Ola Electric Mobility Limited announced that its wholly-owned subsidiary, Ola Cell Technologies, has received BIS certification for its indigenously developed LFP 46100 cylindrical cell. This makes Ola Electric the first Indian company to achieve such certification for a 46100 format cell, significantly expanding its in-house battery portfolio beyond NMC 4680 cells. The certification, along with other international standards, validates the cell's safety and performance, strengthening India's advanced battery manufacturing capabilities and promoting energy independence through significant localization.

Ola Electric Mobility Ltd, via its subsidiary Ola Cell Technologies, has secured BIS certification for its indigenously developed 46100 LFP cylindrical cell. This makes Ola Electric the first Indian company to achieve BIS certification for an indigenously developed cell in this format. The certification expands the company's in-house cell portfolio beyond NMC cells and significantly strengthens India's battery manufacturing capabilities and energy independence. The cell also successfully qualified under UN 38.3 and other stringent safety standards.

Krishna Institute of Medical Sciences Limited has received approval from both BSE and NSE for the listing of 1,98,67,549 equity shares. These shares, with a face value of Rs. 2/- each, were issued to qualified institutional buyers through a Qualified Institutional Placement (QIP). This intimation confirms the successful completion of the regulatory process for the QIP shares to be traded on the exchanges.

Krishna Institute of Medical Sciences Ltd has received approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for the listing of 1,98,67,549 new equity shares. These shares, each with a face value of Rs. 2/-, were issued to qualified institutional buyers through a qualified institutional placement (QIP). This intimation confirms the final procedural step for the shares to be traded on the exchanges following the successful completion of the QIP.

Tata Motors Passenger Vehicles Ltd (TMPVL) submitted its Investor Day Presentation, highlighting FY26 as its strongest-ever year with record volumes and increased market share. The presentation details a robust PV business overview and strategy, focusing on EV product and technology, quality transformation, and supply chain improvements for profitable growth. TMPVL sustained EV leadership for seven years and drove significant growth across SUV, CNG, and hatch segments. The company outlined its 5-year priorities and outlook, signaling continued business expansion. This communication showcases strong past performance and a clear strategy for future growth.

Tata Motors Passenger Vehicles Limited (TMPVL) presented its Investor Day updates, showcasing a record FY26 with over 6.4 lakh vehicles sold (15% YoY growth), achieving the #2 PV manufacturer rank in H2 FY26. The company maintained its #1 EV position for seven years with 92K+ units sold and saw strong growth in CNG and SUV segments. The presentation outlined strategic priorities including EV and supply chain transformation, alongside a positive 5-year outlook, reflecting robust business expansion and financial performance.

KEI Industries Ltd. announced that ICRA Limited has reaffirmed its long-term bank facilities rating at ICRA AA+ (Stable) and short-term bank facilities/commercial paper rating at ICRA A1+. These ratings apply to total bank facilities of Rs. 3810 crore. The 'AA+' rating signifies a high degree of safety with very low credit risk, while 'A1+' indicates a very strong degree of safety and lowest credit risk for timely servicing of financial obligations. The reaffirmation suggests continued strong financial health and creditworthiness.

KEI Industries Limited announced that ICRA Limited has reaffirmed its credit ratings for both long-term and short-term bank facilities and commercial paper. The long-term rating remains at [ICRA]AA+ with a stable outlook, indicating a high degree of safety and very low credit risk for financial obligations. The short-term rating is reaffirmed at [ICRA]A1+, signifying a very strong degree of safety and lowest credit risk for timely payment of financial obligations, covering a total of Rs. 3810.00 crore in rated facilities.

Twamev Construction and Infrastructure Limited announced a 'Special Window' for the transfer and dematerialization of physical securities. This one-year window, open from February 5, 2026, to February 4, 2027, addresses physical shares sold or purchased before April 1, 2019, that were rejected or returned due to documentation deficiencies. Securities transferred through this window will be credited in dematerialized form and will be subject to a one-year lock-in period from the date of transfer registration, aligning with SEBI guidelines.