Latest Announcements

Vodafone Idea Ltd has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and part of the Promoter Group. Each warrant, priced at Rs. 11, will convert into one equity share within 18 months. The company has immediately received Rs. 1,182.50 crore, representing 25% of the issue price. This preferential allotment serves as a crucial capital infusion, signaling strong promoter support and enhancing the company's liquidity.

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.

Redington Ltd. has announced the appointment of Mr. Ajay Rotti Jayathirtha as an Additional Director (Non-Executive Independent Director) for a five-year term from June 22, 2026, subject to shareholder approval. Mr. Jayathirtha brings over 23 years of extensive experience in tax and regulatory matters, having previously held significant roles at firms like KPMG, Dhruva Advisors, BMR Advisors, and Ernst & Young, and is the founder of Tax Compaas. His appointment is expected to strengthen the board's expertise and governance.

Restaurant Brands Asia Ltd (RBA) 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 (equivalent in INR) and follows an earlier intimation on April 24, 2026. This capital infusion is expected to strengthen the subsidiary's financial position, supporting its ongoing operations and potential growth initiatives within the Indonesian market.

Mahindra Lifespace Developers Ltd. has communicated to its shareholders regarding the Tax Deduction at Source (TDS) procedures for the recommended dividend for the financial year ended March 31, 2026. The Board of Directors recommended a dividend of Rs. 3.50 per equity share (35% on face value) for the said financial year, which is subject to approval at the upcoming Annual General Meeting on July 23, 2026. The communication details applicable TDS rates for resident and non-resident shareholders and requirements for claiming exemptions, with payment expected after July 23, 2026.

IIFL Finance Ltd announced a board meeting on June 27, 2026, to consider and approve raising funds through the issuance of equity shares or other eligible securities, which may include public issue, rights issue, preferential issue, private placement, or Qualified Institutions Placement. Additionally, the board will consider upsizing its existing Global Medium Term Note Programme. This move aims to strengthen the company's capital base and enhance its lending capacity.

Sharp Investments Ltd has intimated a Board Meeting on June 26, 2026, to consider an initial investment via the acquisition of equity shares in Rajal Lefin & Commercial Private Limited (RLCPL). The board will also discuss the broad framework of the proposed acquisition, including the percentage of shares, acquisition mode, and consideration, and approve the appointment of necessary advisors. The trading window for designated persons will remain closed until 48 hours post-meeting.

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.

Saksoft Limited announced the appointment of Mr. Deepankur Kukreja as the Chief Growth Officer for its UK subsidiary, Acuma Solutions Limited, effective June 23, 2026. Mr. Kukreja is a seasoned Customer Success Leader with a strong track record in driving customer retention, expansion, and business growth, having managed a £25M+ annual portfolio across Europe with over 25% YoY growth. He has expertise in building executive relationships, strategic partnerships, and has successfully led GenAI initiatives, generating significant new business. This strategic appointment aims to bolster growth and customer success in the UK market.

Likhitha Infrastructure Ltd. announced that its Board approved raising up to ₹60 crores through a preferential issue of 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to a mix of promoters, promoter group members, and other investors, subject to shareholder and regulatory approvals. Additionally, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram were appointed as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to bolster the company's financial position and support its expansion initiatives, while the management appointments strengthen its leadership team.

Onix Solar Energy Ltd published an investor presentation highlighting its position as an end-to-end solar module manufacturer. The company is actively expanding its production capabilities, with a 1200MW facility under development and a 200MW facility nearing completion to produce various high-efficiency modules. The presentation underscores strong market drivers, including supportive government policies, significant export opportunities, and increasing domestic renewable energy deployment targets. The parent company, Onix Renewable Limited, has also acquired a stake in Onix Solar Energy.

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.

Likhitha Infrastructure Ltd's Board approved raising ₹60 crore through a preferential issue of up to 2.5 million convertible warrants at ₹240 each, subject to shareholder and regulatory approvals. The warrants are convertible into equity shares and involve promoter and non-promoter investors. Additionally, the company appointed Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Additional Directors, designated as Executive Directors, effective June 22, 2026. This capital infusion is expected to strengthen the company's financial position and support future growth.

Knowledge Marine & Engineering Works Ltd has scheduled a Board Meeting for June 26, 2026, to consider and approve a proposal for raising funds. This fundraise would involve issuing equity shares and/or convertible securities via private placement, preferential allotment, or qualified institutional placement, subject to shareholder and regulatory approvals. The Board will also consider convening an Extra-Ordinary General Meeting to seek member approval for the fund-raising. Consequently, the trading window for insiders is closed from June 22, 2026, 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 Ltd's board approved raising ₹60 crore through a preferential issue of up to 25 lakh fully convertible warrants at ₹240 each. These warrants will be allotted to promoter, promoter group, and non-promoter investors, subject to shareholder approval. The company also announced the appointment of Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram as Executive Directors, strengthening the management team. This fundraise is intended to support the company's growth initiatives.