South Indian Bank Management Change
SOUTHBANK received RBI approval for Mr. Mahesh Muralidhar Pai's appointment as MD & CEO. The 3-year term begins October 1, 2026, pending board and shareholder approval.
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SOUTHBANK received RBI approval for Mr. Mahesh Muralidhar Pai's appointment as MD & CEO. The 3-year term begins October 1, 2026, pending board and shareholder approval.
Blue Cloud Softech's SOCEYE platform for Hyderabad City Police is now live. The AI-powered system enhances social media monitoring and citizen grievance response.
SEPC to acquire up to 90% stake in UAE's Avenir via preferential allotment of 153 crore shares. The ₹153 Cr deal aims to expand SEPC's international engineering presence by December 2026.
PNGS Reva reported Q1FY27 revenue of ₹117.97 Cr, up 119.49% YoY. Store count rose to 37, with plans to open 15 new COCO stores.
Mitsu Chem Plast Ltd announced leadership changes effective July 7, 2026, pending shareholder approval. Key roles including Chairman and Managing Director are being re-designated or re-appointed.
P S Raj Steels held an EGM on July 7, 2026, to discuss share sub-division and related-party transactions. Voting results will be submitted per SEBI guidelines.
Adani Enterprises allotted 5.2 million equity shares via QIP for ₹15,000 Crore. This capital infusion strengthens its balance sheet and funds future growth.
CARE Ratings reaffirmed DCB Bank's credit ratings, including AA- for its ₹400 crore Tier II Bonds. The stable outlook reflects comfortable capitalisation and steady growth.
Leapfrog Engineering won a ₹4.55 Crore order from Cotmac Electronics for an E-House project. This is a routine business contract, strengthening its order pipeline.
Tilaknagar Industries invested Rs. 2 Crore in Bartisans via CCPS. This capital infusion strengthens its stake in the subsidiary.
Reliance Infrastructure disclosed being named as an accused in a CBI chargesheet. The company will take legal steps to safeguard shareholder interests.
Nazara Technologies withdrew its amalgamation scheme with Paper Boat Apps, approved by NCLT. This restructuring update affects corporate structure but carries no financial value.
Leapfrog Engineering won a $7.2M order from Tasneea Oil & Gas in Oman. The ₹67.44 Crore contract is for E-house package design and supply.
Camlin Fine Sciences announced the resignation of VP R&D Mr. Anvarhusen Bilakhiya, effective July 7, 2026. His departure follows a personal commitment, as per his resignation letter.
Embassy Office Parks REIT received a CARE AAA/Stable rating for a proposed Rs. 1,000 Cr NCD issue. The rating reflects its diversified portfolio and strong occupancy.
Adani Enterprises approved QIP closure, raising ₹1500 Crore via 5.2 million shares. The placement at ₹2,883/share strengthens its capital structure.
Orbit Exports approved a ₹2.76 Crore buyback via tender offer. Record date set for July 15, 2026, for 11.04 lakh shares.
Orbit Exports Ltd approved a ₹2.76 Crore buyback via tender offer. Record date set for July 15, 2026, with 1.1 million shares targeted.
3i Infotech secured a Rs.45.62 Cr IT consulting contract from UAE-based Vedant Consultancy. The 12-month project covers RPA, AI, and automation solutions.
3i Infotech won a ₹45.85 Cr IT consulting contract from Vedant Consultancy FZ LLC, UAE. The 12-month project starts May 2026, boosting its international order book.
Smartworks adds 163,942 Sq. Ft. co-working space with ₹2.5 Cr internal funds by July 2026. Expansion aims to support growth and broaden operational footprint.
Smartworks added 1.64 Lakh Sq. Ft. of coworking space in Pune, requiring ₹25 Cr investment. The expansion aims to support growth and expand its operational footprint.
Bajaj Finance approved FY26 financials, dividend, and director changes. Related party transactions totaling ₹181,500 Cr with BHFL were ratified.
Restaurant Brands Asia Ltd announced board changes: three directors resigned, two appointed effective July 7, 2026. Resignations tied to share purchase agreements and personal reasons.
Persistent Systems' credit rating is placed on 'Rating Watch with Negative Implications' by ICRA. The action follows its proposed acquisition of Nagarro SE, raising concerns over future leverage.
Orbit Exports appointed Omprakash Jat as Company Secretary effective July 7, 2026. The board approved the KMP change during its meeting.
Viyash Scientific received an SEBI administrative warning for SDD maintenance. No financial or operational impact is reported, per the company's disclosure.
Restaurant Brands Asia Ltd reclassified its erstwhile promoters to public category post-acquisition. This change, effective July 7, 2026, follows SEBI regulations and an open offer.
Edelweiss Financial Services incorporated a wholly owned US subsidiary for investment advisory services. No financial impact or acquisition cost was disclosed in the filing.
Epigral Limited incorporated a wholly-owned subsidiary, Epigral Advanced Materials Limited, for chemical manufacturing. The subsidiary has a paid-up capital of Rs. 1 lakh.